On Wednesday, Allison Transmission Holdings Inc (NYSE:ALSN)’s shares declined -0.46% to $28.10.
Allison Transmission Holdings Inc. (ALSN) declared that David S. Graziosi, executive vice president and chief financial officer and G. Frederick Bohley III, executive director of finance, business planning and investor relations will present at the Morgan Stanley Third Annual Laguna Conference to be held at the Montage Laguna Beach on Wednesday, Sept. 16. The administration team will present at 3:05 p.m. PT.
Allison Transmission Holdings, Inc., together with its auxiliaries, designs, manufactures, and sells commercial and defense fully-automatic transmissions for medium- and heavy-duty commercial vehicles, and medium- and heavy-tactical U.S. defense vehicles. It offers transmissions for various applications, counting distribution, refuse, construction, fire, and emergency on-highway trucks; school, transit, and hybrid-transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles.
HCA Holdings Inc (NYSE:HCA)’s shares dropped -1.66% to $85.97.
HCA Holdings, Inc. (HCA) is planned to present at the Morgan Stanley Global Healthcare Conference held at the Grand Hyatt New York, New York, NY on September 17, 2015 at 10:00 a.m. (EDT)
HCA Holdings, Inc., through its auxiliaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.
At the end of Wednesday’s trade, Restaurant Brands International Inc (NYSE:QSR)‘s shares surged 0.66% to $38.18.
Restaurant Brands International Inc. (QSR) declared that its board of directors has authorized the repurchase of up to 150,000 of its common shares on the open market in connection with a recently established employee stock purchase plan for the benefit of certain employees of enumerated RBI entities.
Under the plan, eligible employees may contribute up to a maximum of 10% of their compensation towards the purchase of RBI common shares. The plan provides that RBI common shares accessible to satisfy such contributions will be attained by agents of RBI in the open market.
Restaurant Brands International Inc. owns and operates quick service restaurants under the Burger King and Tim Hortons brand names. As of February 17, 2015, it franchised or owned 19,043 restaurants in about 100 countries and U.S. territories worldwide. The company was founded in 1954 and is headquartered in Oakville, Canada.
Pengrowth Energy Corp (USA) (NYSE:PGH), ended its Wednesday’s trading session with -7.56% loss, and closed at $1.10.
Pengrowth’s (PGF.TO)(PGH) Board of Directors has approved a change to the Company’s dividend policy, moving to a quarterly payment at a rate of $0.01 per share per quarter ($0.04 per share annually), as a result of the continued weakness in commodity prices. With the macro environment ongoing to deteriorate and given the outlook for a prolonged weakness in commodity prices, the Company believes that it is prudent to preserve capital and accelerate its efforts to reduce overall indebtedness.
The new dividend policy will take effect following the payment of the $0.02 per share dividend payable on September 15, 2015 with the first quarterly payment predictable to be paid on December 15, 2015. Subsequent dividends are predictable to be paid on the 15th (or next business day) of March, June, September and December each year. In addition, Pengrowth’s Board has also approved the suspension of the Company’s Dividend Reinvestment and Optional Common Share Purchase Plan (the “Plan”), effective with the quarterly dividend payable on December 15, 2015. The Company does not believe that it is in the best interest of shareholders to issue further equity in this low share price environment. Shareholders formerly enrolled in the dividend reinvestment program will instead receive their dividends as cash until such time as the Plan is reinstated.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada. It primarily explores for crude oil, bitumen, natural gas, and natural gas liquids. The company’s assets comprise Cardium light oil, Lindbergh thermal, and Swan Hills light oil projects.
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