On Wednesday, CNX Coal Resources LP (NYSE:CNXC)’s shares inclined 2.73% to $15.41.
CNX Coal Resources LP, a Delaware limited partnership formed by CONSOL Energy Inc. (CNX) declared that it has launched its initial public offering of 10,000,000 common units representing limited partner interests. The common units are predictable to trade on the New York Stock Exchange under the ticker symbol “CNXC.” The underwriters of the offering will have a 30-day option to purchase up to an additional 1,500,000 common units to cover over-allotments, if any.
The common units being offered in the offering represent a 42.2% limited partner interest in CNX Coal Resources (or a 48.5% limited partner interest if the underwriters exercise in full their option to purchase additional common units). CONSOL will own a 55.8% limited partner interest in CNX Coal Resources (or a 49.5% limited partner interest if the underwriters exercise in full their option to purchase additional common units). In addition, CONSOL will own, through its ownership of CNX Coal Resources GP LLC, the general partner of CNX Coal Resources, a 2% general partner interest and the incentive distribution rights in CNX Coal Resources.
CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers. This division owns rights to extract natural gas in Pennsylvania, West Virginia, and Ohio from about 441,000 net Marcellus Shale acres; and controls about 118,000 net acres of Utica Shale potential in eastern Ohio, in addition to controls 108,000 net acres in Southwestern Pennsylvania and Northern West Virginia that contain the rights to the natural gas in Utica Shale; and owns rights to extract coalbed methane (CBM) in Virginia from about 268,000 net CBM acres, which cover a portion of its coal reserves in Central Appalachia.
UnitedHealth Group Inc. (NYSE:UNH)’s shares gained 1.12% to $123.32.
UnitedHealth Group Inc. (UNH) received a $20,000 grant from UnitedHealthcare that will focus on providing shelter, education and resources to underprivileged families and children in the community. The grant will also assist expand and support shelter programs needed for local residents to avoid becoming homeless again.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.
At the end of Wednesday’s trade, Williams-Sonoma, Inc. (NYSE:WSM)‘s shares surged 1.20% to $83.28.
Williams-Sonoma, Inc. (WSM) declared that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share. The dividend is payable on August 26, 2015 to stockholders of record as of the close of business on July 24, 2015. As of May 31, 2015, the Company had 91,553,769 shares of common stock outstanding.
Williams-Sonoma, Inc. is a specialty retailer of high-quality products for the home. These products, representing eight distinct merchandise strategies – Williams-Sonoma, Pottery Barn, Pottery Barn Kids, West Elm, PBteen, Williams-Sonoma Home, Rejuvenation, and Mark and Graham – are marketed through e-commerce websites, direct mail catalogs and 603 stores. Williams-Sonoma, Inc. presently operates in the United States, Canada, Australia and the United Kingdom, offers international shipping to customers worldwide, and has unassociated franchisees that operate stores in the Middle East and the Philippines.
Range Resources Corp. (NYSE:RRC), ended its Wednesday’s trading session with -3.14% loss, and closed at $47.83.
RANGE RESOURCES CORPORATION (NYSE: RRC) declared that its second quarter 2015 financial results news release will be issued Tuesday, July 28 after the close of trading on the New York Stock Exchange.
A conference call to review the financial results is planned on Wednesday, July 29 at 9:00 a.m. ET (8:00 am CT). To take part in the call, please dial 877-407-0778 and ask for the Range Resources second quarter 2015 financial results conference call. A replay of the call will be accessible through August 29. To access the phone replay dial 877-660-6853. The conference ID is 13612457.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions.
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