Notable Movers: Itau Unibanco Holding SA (ADR)(NYSE:ITUB), Fifth Third Bancorp (NASDAQ:FITB), Oasis Petroleum Inc. (NYSE:OAS)

Notable Movers: Itau Unibanco Holding SA (ADR)(NYSE:ITUB), Fifth Third Bancorp (NASDAQ:FITB), Oasis Petroleum Inc. (NYSE:OAS)

- in Business & Finance
0

On Monday, Shares of Itau Unibanco Holding SA (ADR)(NYSE:ITUB), lost -2.46% to $6.74.

With 27.90% institutional stake, Itau Unibanco Holding, has the market capitalization of $40.05B while its 5.94B shares were outstanding. The company offers 10.60% sales in prior five years. Net profit margin of corporation was 18.50%. Shares of company were moving below of 50 days simple moving average with -5.50% while 200 days simple moving average with -33.56%.

Itau Unibanco Holding S.A. (Itau Unibanco Holding) is a holding company. The Company provides a range of financial products and services to individual and corporate clients in Brazil.

Shares of Fifth Third Bancorp (NASDAQ:FITB), declined -0.84% to $18.95, during its last trading session.

Fifth Third Bancorp, institutional ownership is held at 80.30% while inside ownership was 0.10%. The company has the market capitalization of $15.07B. Its EPS was $1.67 while outstanding shares of the company were 795.44M. The Company’s Net profit margin was 34.00% while operating profit margin was 58.50%. The company earned $1.36B in prior twelve months on revenue of $4.01B.

Fifth Third Bancorp is a bank holding company. The Company’s partner, Fifth Third Bank, provide a range of financial products and services to the retail, commercial, financial, governmental, educational and medical sectors, and credit products, such as credit cards, installment loans, mortgage loans and leases.

Finally, Oasis Petroleum Inc. (NYSE:OAS), ended its last trade with -1.34% loss, and closed at $11.07.

Oasis Petroleum, declared that it has received the Requisite Consents from holders of its outstanding 7.25% Senior Notes due 2019 (CUSIP No. 67415AC2), 6.5% Senior Notes due 2021 (CUSIP No. 674215AD0) and 6.875% Senior Notes due 2023 (CUSIP No. 674215AE8) to adopt the projected amendments to the indentures (the “Indentures”) governing the Notes that Oasis had requested following its formerly declared consents solicitations. The Amendments are set forth in full in Oasis’s Amended and Restated Consent Solicitation Statement, dated October 21, 2015, which was distributed to all holders of the Notes eligible to consent to the Amendments.

Adoption of the Amendments required the consent of holders of record as of October 5, 2015 of a majority of the outstanding aggregate principal amount of the Notes of each series. Presently, $400,000,000 in aggregate principal amount of the Notes of each series is outstanding.

Each consent solicitation expired at 5:00 p.m., New York City time, on Monday, October 26, 2015. The Company will pay to each holder of Notes who, before the Expiration Date, delivered (and did not revoke) a valid consent in favor of the Amendments a cash payment of $10.00 for each $1,000 principal amount of Notes in respect of which such consent was delivered.

Oasis Petroleum Inc. is an independent exploration and production company. The Company is focused on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin. The Company’s core projects comprise Williston Basin, West Williston, East Nesson and Sanish.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.

Leave a Reply

Your email address will not be published. Required fields are marked *