On Tuesday, Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG), lost -0.84% to $10.58.
First Niagara Financial Group, declared that it will release third quarter results before the market opens on Friday, October 23, 2015. The Company will host a conference call at 8:30 a.m. Eastern Time, during which administration will discuss the Company’s financial performance, followed by a question-and-answer session.
First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.
Shares of SolarWinds Inc (NYSE:SWI), inclined 2.37% to $48.83, during its last trading session.
SolarWinds, declared that the Company’s board of directors, in response to an unsolicited expression of interest from a third party, has commenced a review of its planned alternatives. This review may result in the Company’s ongoing to pursue value-enhancing initiatives as a standalone company or a possible sale or other form of business combination. The Board of Directors has retained J.P. Morgan as its financial advisor and DLA Piper LLP (US) as its legal advisor in connection with the review.
“Compriseent with its duties, our board of directors has determined that it is prudent to undertake a review to see which alternative or alternatives, counting our standalone plan, are the best way to maximize shareholder value,” said Kevin Thompson, the Company’s Chief Executive Officer. “As the board conducts its review, we remain focused on strong revenue growth and cash flow and excited about ongoing to deliver our world class products to assist IT professionals manage all things IT.”
No decision has been made to enter into any transaction at this time, and there can be no assurance that the consideration of planned alternatives will result in any transaction.
SolarWinds, Inc., together with its auxiliaries, designs, develops, markets, sells, and supports enterprise-class information technology (IT) and infrastructure administration software to IT and DevOps professionals in various organizations worldwide.
Finally, Rowan Companies PLC (NYSE:RDC), ended its last trade with 2.42% gain, and closed at $19.88.
Rowan Companies plc, plans to report earnings for the three months ended September 30, 2015 on Tuesday, November 3, 2015, before the open of the financial markets in the United States.
Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships.
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