On Friday, Shares of Chesapeake Energy Corporation (NYSE:CHK), gained 0.43% to $14.11, as oil prices jumped Friday on an unexpectedly large drop in U.S. drilling activity.
Oil producers have cut back sharply on capital spending and new drilling after surging U.S. shale-oil output assisted push the global crude market into oversupply last year. As the number of rigs drilling for oil in the U.S. started falling in recent months, prices rallied on the expectation that U.S. oil output is due to slow.
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas and natural gas liquids (NGL) from underground reservoirs in the United States.
Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA), declined -1.06% to $33.60, during its last trading session.
FOX News Channel (FNC) and Facebook declared that they will present the first Republican presidential primary debate in conjunction with the Ohio Republican Party on August 6, 2015. The debate will be presented live from the Quicken Loans Arena in Cleveland, OH from 9-11 PM/ET on FNC together with FOX News Radio, FOX News Mobile and FOXNews.com.
Moderated by Special Report anchor Bret Baier, The Kelly File anchor Megyn Kelly and FOX News Sunday host Chris Wallace, the debate will feature Facebook data illustrating how the issues of the day are resonating with people on today’s largest platform for political conversation. FOX News viewers and Facebook users will also be able to share images and video questions via Facebook, some of which will be used to assist formulate questions for the candidates and broadcast during the debate.
FOX News’ Executive Vice President of News Editorial Michael Clemente declared the entry criteria as follows:
- Must meet all U.S. Constitutional requirements; and
- Must declare and register a formal campaign for president; and
- Must file all necessary paperwork with the Federal Election Commission (FEC); and
- Must have paid all necessary federal and state filing fees; and
- Must place in the top 10 of an average of the five most recent national polls, as recognized by FOX News leading up to August 4th at 5 PM/ET. Such polling must be conducted by major, nationally recognized organizations that use standard methodological techniques.
Clemente also noted that FNC will provide additional coverage and air time on August 6th to those candidates who do not place in the top 10.
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming, Television, Filmed Entertainment, and Direct Broadcast Satellite Television segments.
At the end of Friday’s trade, Shares of AK Steel Holding Corporation (NYSE:AKS), gained 1.74% to $5.26.
AK Steel Holding Corporation, said that its Board of Directors has approved the following executive promotions and organization changes, effective May 29, 2015.
- Roger K. Newport has been promoted to Executive Vice President, Finance and Chief Financial Officer. Mr. Newport was formerly Senior Vice President, Finance and Chief Financial Officer.
- Kirk W. Reich has been promoted to Executive Vice President, Manufacturing. Mr. Reich was formerly Senior Vice President, Manufacturing.
- Keith J. Howell has been promoted to Senior Vice President, Operations. Mr. Howell was formerly Vice President, Operations.
- Joseph C. Alter has been named Vice President, General Counsel and Corporate Secretary. He formerly was Vice President, General Counsel and Chief Compliance Officer.
AK Steel Holding Corporation, through its partner, AK Steel Corporation, produces flat-rolled carbon, stainless and electrical steel, and tubular products in the United States and internationally. It produces flat-rolled value-added carbon steels, counting coated, cold-rolled, and hot-rolled carbon steel products; and specialty stainless and electrical steels in sheet and strip forms.
Finally, The Charles Schwab Corporation (NYSE:SCHW), ended its last trade with -0.78% loss, and closed at $31.65.
On May 21, Charles Schwab & Co., Inc. has reached a five-year commitment with the Leeds School of Business at the University of Colorado Boulder to develop and invest in a Certified Financial Planner™ (CFP®) program, aimed at readying undergraduate students for careers in financial planning and wealth administration. A generous charitable investment will fund scholarships, in addition to the creation and enhancement of extensive coursework and exam preparation required by undergraduate students who wish to launch a career providing financial planning and advice.
This partnership will fill a need for CFP Board Registered Programs in the region, as industry growth outpaces workforce growth and a noteworthy generation gap faces the industry. The average age of a financial planner recently is 51, according to data produced by research firm Cerulli Associates, and CFP®s are listed as number five on the 2015 Best Business Jobs by U.S. News & World Report.
Development of the CFP® program at the Leeds School will start in the fall of 2015 and is predictable to attract more than 80 students once fully implemented. The new CFP® program will comprise of courses covering the following topics required by the CFP Board:
- Introduction to Personal Financial Planning
- Investment and Portfolio Administration
- Retirement Planning
- Insurance and Personal Risk Administration
- Estate Planning
- Income Tax Accounting
- Communication & Counseling Skills
- Financial Planning Project and Capstone
The Charles Schwab Corporation, through its auxiliaries, provides wealth administration, securities brokerage, banking, money administration, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services.
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