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Friday 25 September 2015
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News Analysis on: Yahoo! Inc. (NASDAQ:YHOO), Peabody Energy Corporation (NYSE:BTU), Juniper Networks, Inc. (NYSE:JNPR), Archer Daniels Midland Company (NYSE:ADM)

On Friday, Yahoo! Inc. (NASDAQ:YHOO)’s shares declined -0.61% to $30.74.

Yahoo! Inc. (YHOO) declared the launch date of SuperFan Live, exclusive after show specials on Yahoo TV for recently’s most loved television series, set to premiere on September 23, 2015. Additionally, the company will be premiering new programs within Yahoo’s Digital Magazine properties while ongoing to bring viewers some of the fall’s best live events.

Yahoo SuperFan

SuperFan Live, which was declared as part of the 2015 NewFront, is premiering on September 23 at 10 p.m. PT with an episode dedicated to FOX’s smash hit, Empire, right away following its second season premiere. Then on September 29 at 7 a.m. PT SuperFan Live will partner with broadcast television’s highest-rated Sunday night drama, ABC’s Once Upon a Time and on September 30 at 7 a.m. PT with their highly acclaimed series Marvel’s Agents of S.H.I.E.L.D.

Each episode will feature experts, influencers and industry insiders as they talk about everything from guest stars to major plot shockers. Fans will also be encouraged to submit questions, fan art and chime into the conversation via Skype.

Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.

Peabody Energy Corporation (NYSE:BTU)’s shares gained 0.71% to $1.41.

Peabody Energy (BTU) declared a 1-for-15 reverse stock split on shares of the company’s common stock. Authorization to implement the reverse stock split was approved by Peabody shareholders at a special meeting held earlier recently.

The reverse stock split is predictable to become effective at the close of business on Sept. 30, 2015 (the “effective time”), which would result in Peabody’s common stock to start trading on a split-adjusted basis at market open on Oct. 1, 2015. Upon completion of the reverse stock split, every 15 shares of common stock owned by a shareholder will be combined into one share of common stock, and the number of outstanding shares will be reduced from about 278 million to about 19 million.

Peabody will not issue fractional shares in connection with the reverse stock split. Shareholders who would otherwise hold fractional shares following the reverse stock split will receive cash in lieu of such fractional shares. The sum will be based on the net proceeds, after customary brokerage commissions and other expenses, resulting from the transfer agent aggregating and selling all fractional share interests into the market. Such proceeds will be paid on a pro rata basis, depending on the fractional amount of shares owned.

Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. It is involved in mining and sale of thermal coal to electric utilities and metallurgical coal for industrial customers.

At the end of Friday’s trade, Juniper Networks, Inc. (NYSE:JNPR)‘s shares dipped -1.01% to $25.55.

Aerohive Netoperates® (HIVE) and Juniper Netoperates (JNPR), the industry leader in network innovation, declared a new technology alliance to deliver a simple, secure, and cloud-managed wired and wireless solution to distributed enterprises, counting in retail, K-12 education, in addition to state and local government customer segments. Aerohive cloud Wi-Fi solutions coupled with Juniper Net operates high performance switches, comprehensive network administration, and security solutions will assist enterprises simplify network planning, orchestration, and deployment.

The increasing consumption of applications and mobile-first access in the workplace is driving tremendous change in wireless and wired network infrastructure for recently’s distributed enterprises. Businesses face new challenges of securing the network for a diverse set of devices with effective strategies for guests, bring your own device (BYOD), and Internet of Things (IoT). At the same time, organizations need to provide a secure, scalable, and high-performance network infrastructure from the wireless edge to the core, all with shrinking IT budgets and a lack of IT expertise at enterprise branch locations.

Juniper Netoperates, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.

Archer Daniels Midland Company (NYSE:ADM), ended its Friday’s trading session with -2.27% loss, and closed at $43.24.

Archer Daniels Midland Company (ADM) declared that it will open in October a new, state-of-the-art flavor creation, application and customer service facility in Cranbury, New Jersey. The 15,700-square-foot site will comprise lab, office and meeting space—counting dedicated lab space for mint and oral care products—and will house a staff of flavorists and applications technologists.

“Our customers expect a lot from working with the premier flavor company in the world, and this facility will assist us continue to meet—and exceed—their needs,” said Ken Campbell, president of ADM’s WILD Flavors business. “This new facility will be easy to reach for major customers, it will feature state-of-the-art equipment and resources—counting a customer innovation center—and it will be staffed with talented, dedicated flavorists and application technologists who are ready and eager to work side by side with customers to meet their needs. This facility will assist us continue to grow WILD Flavor’s sales and ensure that we remain the first and best choice among global flavor companies.”

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals.

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