On Tuesday, Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA), gained 2.42% to $25.80.
Twenty-First Century Fox declared that its Board of Directors has nominated Jeffrey W. Ubben, Founder, Chief Executive Officer and Chief Investment Officer of ValueAct Capital, for election to the Company’s Board at the Annual Meeting of Stockholders to be held in 2015. With the nomination of Mr. Ubben, the Company would expand its Board from 12 to 13 directors.
In conjunction with Mr. Ubben’s nomination, 21st Century Fox and ValueAct Capital have reached a contract regarding ValueAct Capital’s ongoing ownership of shares in the Company. A copy of the agreement will be comprised as an exhibit to the Current Report on Form 8-K that 21st Century Fox will file recently with the Securities and Exchange Commission.
Twenty-First Century Fox, Inc. is a global media and entertainment company. The Company’s Cable Network Programming segment comprises of the production and licensing of programming distributed primarily through cable television systems, direct broadcast satellite operators, telecommunication companies and online video distributors.
Shares of Morgan Stanley (NYSE:MS), declined -0.29% to $31.00, during its last trading session.
Morgan Stanley declared a regular dividend on the outstanding shares of each of the following preferred stock issues:
- Floating Rate Non-Cumulative Preferred Stock, Series A - $255.56 per share (equivalent to $0.25556 per Depositary Share)
- 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $445.31 per share (equivalent to $0.44531 per Depositary Share)
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F - $429.69 per share (equivalent to $0.42969 per Depositary Share)
- 625 Percent Non-Cumulative Preferred Stock, Series G - $414.06 per share (equivalent to $0.41406 per Depositary Share)
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I - $398.44 per share (equivalent to $0.39844 per Depositary Share)
The dividends for the Preferred Stock Series A, C, E, F, G and I are payable on October 15, 2015 to stockholders of record at the close of business on September 30, 2015.
Morgan Stanley is a financial holding company. Through its auxiliaries and associates, the Company provides a variety of products and financial services to a group of clients and customers, counting corporations, governments, financial institutions and individuals. The Company’s operating segments comprise Institutional Securities, Wealth Administration and Investment Administration.
Shares of NRG Energy Inc (NYSE:NRG), declined -2.82% to $14.47 , during its last trading session.
NRG Energy declared the next phase of the 2015 Capital Allocation Plan with authorization to repurchase $251 million of its common stock, comprised of $51 million remaining from the formerly declared share repurchase program and an additional $200 million. The authorization will be implemented through a 10b5-1 trading plan right away.
The purchase of common stock will be made using cash on hand and may be made from time to time as market conditions warrant and subject to regulatory considerations. This action does not foreclose the possibility of further or different capital allocation actions in the future.
NRG Energy, Inc. (NRG) is a power company that produces, sells and delivers energy, and energy products and services in power markets in the United States. NRG’s business segments are NRG Business, NRG Home, NRG Renew, NRG Yield and corporate activities.
Finally, Texas Instruments Incorporated (NASDAQ:TXN), ended its last trade with 1.24% gain, and closed at $47.53.
Enabling embedded developers to jumpstart innovative new designs for the Internet of Things (IoT) era, Texas Instruments Incorporated declared three low-cost evaluation kits based on its embedded processors supporting Microsoft Azure Certified for Internet of Things. As one of the first semiconductor vendors with certified wireless microcontroller- (MCU) and processor-based evaluation kits ready to work with the Microsoft Azure IoT Suite, TI is uniquely positioned to assist developers start IoT application development within minutes.
The Microsoft Azure IoT Suite’s agent code has been pre-ported to TI’s low-power SimpleLink™ Wi-Fi® CC3200 wireless MCU LaunchPad™ kit and Sitara™ AM335x processor-based BeagleBone Black and BeagleBoard Green kits. Developers can expect additional certifications of TI products in the coming months.
The Microsoft program verifies that a member’s hardware is compatible with Azure IoT Suite and enables developers who have purchased TI’s low-cost development kits to easily download the appropriate Microsoft Azure for IoT agent to quickly connect to the cloud.
Texas Instruments Incorporated designs, makes and sells semiconductors to electronics designers and manufacturers across the world. The Company operates through two segments: Analog and Embedded Processing. The Company’s Analog segment comprises the following product lines: High Volume Analog & Logic, Power Administration, High Performance Analog and Silicon Valley Analog.
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