On Tuesday, Shares of Tsakos Energy Navigation Limited (NYSE:TNP), gained 2.07% to $9.37, hitting its highest level.
Tsakos Energy Navigation, declared that its Board of Directors declared regular quarterly cash dividends of $0.50 per share for its 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares (NYSE:TNPPRB) and $0.5547 per share for its 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE:TNPPRC).
Each dividend is for the period from the most recent dividend payment date on January 30, 2015 through April 29, 2015.
The dividend on the Series B Preferred Shares will be paid on April 30, 2015 to all holders of record of Series B Preferred Shares as of April 29, 2015. The dividend on the Series C Preferred Shares will be paid on April 30, 2015 to all holders of record of Series C Preferred Shares as of April 27, 2015. Dividends on the Series B and C Preferred Shares will be payable quarterly in arrears on the 30th day of January, April, July and October of each year, when, as and if declared by TEN’s board of directors. This is the eighth dividend on the Series B and the sixth dividend on the Series C.
To date, TEN’s fleet, counting the LNG carrier Maria Energy, nine Aframax crude oil tankers and two LR1 tankers all under construction, comprises of 64 double-hull vessels (counting Suezmax DP2 option), a mix of crude tankers, product tankers and LNG carriers, totaling 6.72 million dwt.
Shares of SolarCity Corporation (NASDAQ:SCTY), gained 2.05% to $57.69, during its last trading session.
SolarCity Corporation, declared that it will issue its first quarter 2015 earnings report after the market’s close on Tuesday, May 5, 2015. A conference call has been planned to talk about these results at 2:00 p.m. (Pacific Time).
The conference call can be accessed live over the phone by dialing 1-877-407-0784, or for international callers, 1-201-689-8560. A replay will be accessible two hours after the call and can be accessed by dialing 1-877-870-5176, or for international callers, 1-858-384-5517. The passcode is 13606512. The replay will be accessible until May 12, 2015.
SolarCity Corporation designs, manufactures, installs, maintains, monitors, leases, and sells solar energy systems to residential, commercial, government, and other customers in the United States.
At the end of Tuesday’s trade, Shares of Ericsson (NASDAQ:ERIC), gained 1.99% to $12.79.
Ericsson, and Intel Security are working together to make managed security solutions accessible for telecom operators to bundle with the existing services they provide to enterprises. Combining Ericsson`s managed services expertise, global delivery capability and network security expertise with Intel Security`s broad portfolio of consumer and enterprise security solutions will enable enterprises to strengthen their security posture.
From the enterprise perspective, telecom operators will contribute their regulatory compliance expertise, ability to combine communications services with security, and local response capabilities. Initially, intrusion prevention system services, e-mail security and web security solutions will be accessible.
By supporting networks that connect more than 2.5 billion subscribers and carry more than 40 percent of the world`s mobile traffic, Ericsson is assisting to realize a truly Networked Society. Raised connectivity is unlocking massive value for people, business and society, but also exposing us all to new potential risks. Together with Intel Security, Ericsson aims to make it easier for telecom operators to support their enterprise clients in protecting valuable intellectual property, data, devices, and identities.
Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.
Finally, Steel Dynamics Inc. (NASDAQ:STLD), ended its last trade with 1.92% gain, and closed at $21.28.
On April 9, Steel Dynamics, declared that its formerly filed Form S-4 Registration Statement for the exchange of up to $700.0 million aggregate principal amount of its newly issued 5.125% Senior Notes due 2021 and up to $500.0 million aggregate principal amount of its newly issued 5.500% Senior Notes due 2024, each that have been registered under the Securities Act of 1933, as amended for like principal amounts of any or all of its outstanding 5.125% Senior Notes due 2021 and 5.500% Senior Notes due 2024, respectively, which we issued on September 9, 2014 without registration under the Securities Act, was declared effective by the Securities and Exchange Commission at 2:00 PM Eastern Daylight Time (EDT) on Wednesday, April 8, 2015.
The Company further declared that, effective Thursday morning, April 9, 2015, it has launched its offer to exchange its registered 2021 and 2024 Exchange Notes for any and all of its outstanding 2021 and 2024 unregistered Old Notes, respectively. This offer will expire at 5:00 PM EDT on May 7, 2015, unless otherwise extended. The Company does not presently plan to extend the exchange offer.
Steel Dynamics, Inc., together with its auxiliaries, manufactures and sells steel products, processes and sells recycled ferrous and nonferrous metals, and fabricates and sells steel joist and decking products in the United States and internationally.
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