On Thursday, Shares of Hewlett-Packard Company (NYSE:HPQ), lost -0.49% to $30.35.
CenturyLink, Inc. (CTL) declared the availability of CenturyLink’s portfolio of hybrid IT solutions to HP customers. The newly expanded HP PartnerOne for Service Provider Program agreement enables businesses to buy CenturyLink services.
Through the program, HP customers can access CenturyLink services such as managed hosting, colocation, storage, cloud, application services and big data solutions. These services are offered on HP equipment and technologies.
The HP PartnerOne for Service Provider Program enables customers to extend their market reach and accelerate their business as they launch new capabilities and service offerings.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Shares of Arch Coal Inc. (NYSE:ACI), declined -4.72% to $0.30, during its last trading session.
Arch Coal, declared the receipt of required consents in connection with its pending private offer to exchange (the “2020 Exchange Offer”) new 6.25% Trust Certificates due 2021 (the “Trust Certificates”) and a cash payment for any and all of its outstanding 7.25% Senior Notes due 2020 (the “2020 Notes”). In conjunction with the 2020 Exchange Offer, Arch solicited consents from holders of 2020 Notes to the adoption of projected amendments to the indenture governing the 2020 Notes to modify certain restrictive covenants contained in such indenture to conform to Arch’s other indentures, counting with respect to the issuance of additional secured debt (the “Projected Amendments”). Arch has received consents to the Projected Amendments from holders of greater than a majority of the outstanding aggregate principal amount of 2020 Notes. The supplemental indenture to the indenture governing the 2020 Notes has been executed, however the provisions thereof will not be operative until all of the 2020 Notes that have been tendered preceding to the date of the supplemental indenture have been accepted for exchange and exchanged in accordance with the terms of the 2020 Exchange Offer.
Arch also declared the extension of (1) the 2020 Exchange Offer and (2) its pending private offer to exchange (the “Concurrent Exchange Offer” and, together with the 2020 Exchange Offer, the “Exchange Offers”) new Trust Certificates, 8.00% Senior Secured Notes due 2022 (the “New 2022 Secured Notes”) and 12.00% Senior Secured Second Lien Notes due 2023 (the “New 2023 Secured Notes”) for its outstanding 7.000% Senior Notes due 2019 (“Old 7.000% 2019 Notes”), 9.875% Senior Notes due 2019 (“Old 9.875% 2019 Notes”) and 7.250% Senior Notes due 2021 (“Old 7.250% 2021 Notes” and, together with the Old 7.000% 2019 Notes and the Old 9.875% 2019 Notes, the “Old Notes”).
Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled about 5.1 billion tons of proven and probable recoverable reserves.
Finally, MetLife, Inc. (NYSE:MET), ended its last trade with 0.40% gain, and closed at $57.70.
LumenLab, the first-of-its-kind disruptive innovation centre for MetLife, and the global life insurance industry as a whole, was launched recently in Singapore. The new 7,800 square feet facility at The Metropolis, Buona Vista houses a working space and business incubator staffed with dedicated innovation experts, many of whom have a background in startups or come from outside the insurance industry. An integral element of MetLife’s investment in Asia, LumenLab has been established to develop disruptive new business models in the areas of wellness, wealth, and retirement. By leveraging tried-and-tested innovation processes, LumenLab aims to build businesses that assist Asian consumers achieve richer and more fulfilling lives.
MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.
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