On Wednesday, Chesapeake Energy Corporation (NYSE:CHK)’s shares declined -3.71% to $4.41. The market capitalization of Chesapeake Energy Corporation (NYSE:CHK) is $3.05 billion with the total traded volume of the company is 21.71 million. Turning to market valuation, the Price-to-Sales ratio is 0.21 and the Price-to-Book ratio is finally 2.39. The beta ratio has a value of 1.42.
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.
Barrick Gold Corporation (USA) (NYSE:ABX)’s shares dropped -2.96% to $7.37.
Barrick Gold Corporation (ABX) declared the final results and settlement of its cash tender offer (the “Tender Offer”) for specified series of outstanding notes (the “Notes”). The terms and conditions of the Tender Offer were described in an offer to purchase (the “Offer to Purchase”) and the related letter of transmittal (the “Letter of Transmittal”), each dated December 1, 2015.
The Tender Offer
The Tender Offer commenced on December 1, 2015. Barrick, Barrick North America Finance LLC and Barrick (PD) Australia Finance Pty Ltd (together, the “Offerors”) offered to purchase for cash the series of Notes set out in the tables below for an aggregate purchase price (counting principal and premium) of up to $1,150,000,000 (the “Maximum Tender Amount”), plus accrued and unpaid interest on the Notes from the last applicable interest payment date up to, but not counting, the Settlement Date (as defined below). The amount of a series of Notes accepted for purchase in the Tender Offer was based on the order of preceding (the “Acceptance Preceding Level”) for such series of Notes as set forth in the tables below, with 1 being the highest Acceptance Preceding Level and 7 being the lowest Acceptance Preceding Level. Since the purchase of all of the Notes with Acceptance Preceding Level 3 validly tendered and not validly withdrawn would result in an aggregate purchase price that would exceed the Maximum Tender Amount, the amount of Notes purchased in such series was prorated using the procedure more fully described in the Offer to Purchase.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. Its principal properties comprise Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Zaldívar, and Lumwana mines; and its Pascua-Lama project.
Marvell Technology Group Ltd. (NASDAQ:MRVL)‘s shares dipped -2.23% to $8.76. The last trading range of Marvell Technology Group Ltd.(NASDAQ:MRVL) ranges between $8.76 and $9.02. The EPS of the company stands at $-0.34. The 52-week range shows that the stock reached higher at $16.78 while its lower range is $7.55 in the last 52-weeks. The average volume of the company is at 4.44 million with the Outstanding Shares of 517.60 million. The market capitalization of the company is $4.64 billion. The Beta of the company stands at 0.64 with the RSI (Relative Strength Index) of 53.17.
Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers mobile and wireless products comprising communications and applications processors; thin modems; and connectivity solutions, counting Wi-Fi, Bluetooth, near field communication, and FM; and mobile computing products, in addition to silicon solutions and Kinoma software.
