On Monday, Continental Resources, Inc. (NYSE:CLR)’s shares gained 6.06%, and closed at $48.83, after Continental Resources, plans to declare first quarter 2015 earnings on Wednesday, May 6, 2015 following the close of trading on the New York Stock Exchange. The Corporation plans to host a conference call to talk about first quarter 2015 results on Thursday, May 7, 2015 at 12:00 p.m. ET (11:00 a.m. CT).
Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The corporation sells its crude oil production to end users, in addition to midstream marketing companies or crude oil refining companies at the lease.
Whiting Petroleum Corp. (NYSE:WLL)’s shares jumped 6.03%, and settled at $34.79, during the last trading session on Monday, as on March 27, Whiting Petroleum, accomplished its formerly declared private unregistered offerings of $1.25 billion aggregate principal amount of 1.25% convertible senior notes due 2020 and $750 million aggregate principal amount of 6.25% senior notes due 2023. The amount of convertible notes comprises the sale of $250 million aggregate principal amount of convertible notes following the exercise of the initial purchasers’ option in full to purchase additional convertible notes.
Whiting also declared by separate press release that it accomplished its formerly declared registered public offering of 35,000,000 shares of its ordinary stock for total net proceeds of about $1.0 billion, after deducting underwriter’s discounts and commissions.
Whiting received about $3.0 billion in aggregate net proceeds from the offerings. Whiting used the net proceeds from the offerings to repay all of the amounts outstanding under its credit contract and will use the remainder for its general corporate purposes.
Whiting Petroleum Corporation, an independent oil and gas corporation, attains, explores, develops, and produces crude oil, natural gas liquids, and natural gas in the Rocky Mountains and Permian Basin regions of the United States. It sells oil and gas to end users, marketers, and other purchasers.
At the end of Monday’s trade, Dyax Corp. (NASDAQ:DYAX)’s shares climbed 5.77%, and closed at $28.61, after Dyax Corp., declared that it is offering, subject to market and other conditions, to sell 7,000,000 shares of its ordinary stock in a projected underwritten public offering. Dyax intends to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its ordinary stock. All shares to be sold in the offering are being sold by Dyax.
BofA Merrill Lynch and Cowen and Corporation are acting as lead book-running managers and RBC Capital Markets, LLC is acting as joint book-running manager for the offering. Needham & Corporation and Wedbush PacGrow are acting as co-managers.
Dyax Corp., a biopharmaceutical corporation, identifies, develops, and commercializes treatments for hereditary angioedema (HAE) and other plasma-kallikrein-mediated (PKM) disorders. It offers KALBITOR for the treatment of acute attacks of HAE.
E. I. du Pont de Nemours and Company (NYSE:DD), ended its Monday’s trading session with 0.85% gain, and closed at $72, as E. I. du Pont de Nemours and Company, declared that it has filed a new investor presentation with the U.S. Securities and Exchange Commission (SEC) in connection with the Corporation’s May 13, 2015 Annual Meeting of Shareholders. The presentation is accessible under the shareholder materials section of www.dupontdelivers.com and on the SEC’s website at www.sec.gov.
The presentation also outlines DuPont’s strong and consistent track record of superior performance; its strategy to grow leading positions in three areas of planned focus; and the qualifications of its world-class Board of Directors to drive higher growth and higher value for our shareholders.
In addition, the presentation illustrates in greater depth why DuPont’s Board unanimously opposes Trian’s efforts to replace four highly accomplished directors in order to advance its high-risk, high-cost breakup agenda, which the Board has unanimously determined would be value destructive and not in the best interests of shareholders.
E. I. du Pont de Nemours and Company, operates as a science and technology based corporation worldwide. The corporation’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides. Its Electronics & Communications segment provides various materials and systems, counting photopolymers and electronic materials for photovoltaic products, consumer electronics, displays, and advanced printing.
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
