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Friday 2 October 2015
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News Analysis on: XL Group plc (NYSE:XL), Penn West Petroleum Ltd (USA) (NYSE:PWE), Coca-Cola Enterprises Inc (NYSE:CCE), Delphi Automotive PLC (NYSE:DLPH)

On Friday, XL Group plc (NYSE:XL)’s shares inclined 1.04% to $36.99.

XL Group plc (XL) declared that Claus-Michael “Michael” Dill has joined the Company’s Board of Directors.

Mr. Dill, a former board member of Catlin Group Limited, has close to three decades of experience in the insurance industry, counting holding senior positions at (re)insurance companies in Germany and Switzerland. Among his past roles are Chief Financial Officer of Vereinte Insurance AG in Munich, Chief Executive Officer of Switzerland General Insurance AG – both part of the Swiss Re Group, and Chief Executive Officer of AXA Konzern AG in Cologne and Executive Committee Member of AXA Group, Paris.

XL GROUP Public Limited Company, an insurance and reinsurance company, provides property, casualty, and specialty products to industrial, commercial, and professional firms; and insurance companies and other enterprises worldwide. The company operates in two segments: Insurance and Reinsurance.

Penn West Petroleum Ltd (USA) (NYSE:PWE)’s shares dropped -5.93% to $0.522.

PENN WEST PETROLEUM LTD. (PWE) declares that the Board of Directors has declared a third quarter 2015 dividend of $0.01 per share to be paid on October 15, 2015 to shareholders of record at the close of business on September 30, 2015. Shareholders are advised that this dividend is designated as an “eligible dividend” for Canadian income tax purposes.

Penn West Petroleum Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The company’s properties are located in Alberta, British Columbia, Saskatchewan, Manitoba, and the Northwest Territories, Canada; and Wyoming, the United States. As of March 12, 2015, it operated a portfolio of opportunities in light oil in Canada covering a land base of about 4.5 million acres.

At the end of Friday’s trade, Coca-Cola Enterprises Inc (NYSE:CCE)‘s shares dipped -0.49% to $49.03.

Coca-Cola Enterprises (CCE) has been named in the 2015 Dow Jones Sustainability Index (DJSI), the first time the company has been listed. This move recognizes CCE’s long-term investment in and commitment to sustainability.

The DJSI, reviewed annually by the S&P Dow Jones Index Committee and RobecoSAM, is a global index which tracks the financial performance of leading sustainability-driven companies. It is based on an analysis of financially material economic, environmental and social factors. Companies are only listed in the annual ranking if they are best in class within their industry for sustainability.

Coca-Cola Enterprises, Inc. produces, distributes, and markets non-alcoholic beverages in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden. The company offers nonalcoholic ready-to-drink beverages with carbonation, counting energy drinks, waters, and flavored waters; and nonalcoholic beverages without carbonation, such as waters and flavored waters, juice and juice drinks, teas, coffees, and sports drinks.

Delphi Automotive PLC (NYSE:DLPH), ended its Friday’s trading session with 1.50% gain, and closed at $76.40.

Delphi Automotive PLC (DLPH) declared it has named Bethany J. Mayer to its board of directors effective Oct. 1.

Mayer is the president and chief executive officer of Ixia, a provider of comprehensive network solutions. Ixia specializes in assisting organizations build secure network architectures designed to mitigate security breaches throughout the network’s lifecycle.

Throughout her career with HP, Mayer held numerous leadership positions counting senior vice president and general manager of HP’s Networking Business unit and vice president, marketing and alliances for HP’s Enterprise Servers, Storage and Networking Group. Mayer has extensive experience working in the technical industry, holding positions at companies such as Cisco Systems, Apple Computer and Lockheed Martin.

Delphi Automotive PLC, together with its auxiliaries, manufacturers vehicle components; and provides electrical and electronic, powertrain, safety, and thermal technology solutions to the automotive and commercial vehicle markets worldwide. The company operates through four segments: Electrical/Electronic Architecture, Powertrain Systems, Electronics and Safety, and Thermal Systems.

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