On Thursday, Shares of Chesapeake Energy Corporation (NYSE:CHK), gained 3.27% to $11.68, oil bounced back sharply on Thursday from three-month lows hit earlier this week, with prices up nearly 3 percent as China’s collapsing stock market steadied and oil traders remained uncertain about negotiations for a nuclear deal that will allow Iran to export more crude.
Bets of strong gasoline demand through the U.S. summer driving season fuelled some of the rally. Gasoline prices gained more than 2 percent.
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States.
Shares of KeyCorp. (NYSE:KEY), inclined 1.30% to $14.82, during its last trading session.
KeyCorp, declared that its Board of Directors declared the following dividends for the third quarter of 2015:
- A cash dividend of $0.075 per share on the corporation’s outstanding common shares. The dividend is payable on September 15, 2015 to holders of record of such common shares as of the close of business on September 1, 2015
- A dividend of $1.9375 per share on the corporation’s outstanding 7.750% Non-Cumulative Perpetual Convertible Preferred Stock, Series A, payable on September 15, 2015 to holders of record as of the close of business on August 31, 2015, for the period commencing on (and counting) June 15, 2015 to (but not taking into account) September 15, 2015.
KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.
Finally, American Capital, Ltd. (NASDAQ:ACAS), ended its last trade with 0.45% gain, and closed at $13.43.
ECA Medical Instruments, an American Capital company (ACAS), has developed the industry’s first single-procedure surgical ratchet for use by surgeons to secure orthopaedic and spine implants.
The proprietary Model 300 Secure-Fast™ ratcheting system, is designed to reduce surgical costs by more than $1,000 per surgery and to provide a pristine ratcheting capability for securing screws, fasteners and connectors used in demanding procedures counting spine, trauma and extremity implants. The ECA® ratchet is bi-directional and fully cannulated making it ideal for use in minimally invasive surgeries where speed, safety and implant fixation are critical.
“The Secure-Fast™ single-procedure ratchet is a novel first of its kind instrument that will become every surgeon’s instrument of choice for hospital and outpatient ortho and spine implants,” said John Nino, president and CEO of ECA Medical Instruments. “The ease of use, versatility and ability to speed surgeries across the full range of implants will make this ratchet a popular and value packed alternative to expensive re-usable ratchets that require cleaning, re-processing and re-sterilization.”
American Capital, Ltd. is a private equity and venture capital firm specializing in administration and employee buyouts, subordinated debt, leveraged finance, mezzanine, acquisition, recapitalization, middle market, early venture, mature, industry consolidation, and growth capital investments.
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