Search
Thursday 24 September 2015
  • :
  • :
Latest Update

Hot Stocks Investor’s Alert: Chesapeake Energy Corporation (NYSE:CHK), General Growth Properties, Inc (NYSE:GGP), Transocean Ltd. (NYSE:RIG)

On Friday, Shares of Chesapeake Energy Corporation (NYSE:CHK), lost -2.28% to $7.27.

Chesapeake Energy Corporation declared that Doug Lawler, Chief Executive Officer, will present at the Barclays CEO Energy-Power Conference in New York City on Tuesday, September 8, 2015, at 12:25 pm EDT (11:25 am CDT).

Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas.

Shares of General Growth Properties, Inc (NYSE:GGP), declined -2.78% to $24.48, during its last trading session.

General Growth Properties, declared its Board of Directors declared a third quarter common stock dividend of $0.18 per share payable on October 30, 2015, to stockholders of record on October 15, 2015. The dividend represents an improvement of $0.02 per share, or about 13%, from the third quarter 2014 common stock dividend.

The Board of Directors also declared a quarterly dividend on the 6.375% Series A Cumulative Redeemable Preferred Stock (NYSE: GGP PrA) of $0.3984 per share payable on October 1, 2015, to stockholders of record on September 15, 2015.

General Growth Properties, Inc is an equity real estate investment trust. The firm invests in the real estate markets of the United States. It engages in owning, managing, leasing, and redeveloping high-quality regional malls. General Growth Properties, Inc is based in Chicago, Illinois.

Finally, Transocean Ltd. (NYSE:RIG), ended its last trade with 0.52% gain, and closed at $13.45.

Transocean declared that Lars Sjöbring, Senior Vice President and General Counsel, has informed Transocean that he will be leaving the company. Mr. Sjöbring has agreed to aid in the search for a replacement, but will resign no later than December 31, 2015.

“Lars has done an outstanding job guiding Transocean through the extensive litigation following the Macondo Well incident, and was instrumental in securing the related settlements with BP and the Plaintiff`s Steering Committee declared earlier this year,” said Jeremy Thigpen, Transocean`s President and Chief Executive Officer. “On behalf of Transocean, I thank Lars for his service, and wish him great success in his future endeavors.”

Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *