On Friday, Shares of Hudson City Bancorp, Inc. (NASDAQ:HCBK), surged 2.15% to $9.50.
Hudson City Bancorp, and M&T Bank Corporation (MTB) declared that they have agreed to extend the date after which either party may elect to terminate their Contract and Plan of Merger from April 30, 2015 to October 31, 2015 following Amendment No. 4 to the Contract and Plan of Merger. The consideration and exchange ratio as offered in the Contract and Plan of Merger will remain the same.
The extension, which has been approved by both the Hudson City and M&T Boards of Directors, will provide additional time to obtain a regulatory determination on the applications necessary to complete the projected merger. Hudson City and M&T have been advised by the Federal Reserve Board that it intends to act on the merger application no later than September 30, 2015. However, no assurance can be given as to whether or when the necessary regulatory approvals for the merger will be received.
Hudson City Bancorp, Inc. operates as the holding company of Hudson City Savings Bank that provides various banking products and services in the United States. Its deposit products comprise passbook and statement savings accounts, interest-bearing transaction accounts, checking accounts, money market accounts, and time deposits, in addition to IRA accounts and qualified retirement plans.
Shares of TASER International Inc. (NASDAQ:TASR), gained 2.05% to $28.40, hitting its highest level, during its last trading session.
TASER International, declared that the first quarter 2015 earnings call is planned for Thursday, April 30, 2015. A conference call is planned at 11:00 a.m. EST to review the first quarter financial results. TASER CEO Rick Smith and CFO Dan Behrendt will host the webcast.
TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. It operates through two segments, TASER Weapons and AXON.
At the end of Friday’s trade, Shares of International Game Technology (NYSE:IGT), gained 2.03% to $19.57.
International Game Technology, declared that its partner GTECH Corporation has reached a contract with the Minnesota State Lottery to provide new lottery technology, an IP-communications network, multimedia displays, self-service products, and ongoing support services, following a competitive procurement. The 7.5 year integrated services contract with the Lottery contains three renewal options of one year each, or up to one renewal of three years, or any variation thereof.
Under the terms of the contract, the Company will provide the Minnesota State Lottery with innovative, expandable technology, a flexible set of retail solutions, and data-driven, decision-making tools to assist raise revenues to the State of Minnesota. The Company will also replace the Lottery’s existing central system with the latest version of Enterprise Series (ES) central system solution to support all levels of the Lottery’s sales growth. The Request for Proposals (RFP) also called for the replacement of the Lottery’s existing terminal base with about 3,200 new Altura® GT1200 terminals. The latest ES MultiMedia digital advertising display solution will be offered to stimulate raised brand awareness, winner awareness, and player recognition of jackpots and game activities, directly at the point-of-sale, in addition to Ticket-Scan® Plus self-service ticket checkers for players. In addition, the Company will replace the current communications network with a combination of VSAT technology and Dual Comm Inside.
International Game Technology, a gaming company, designs, develops, manufactures, and markets casino-style gaming equipment, systems technology, and game content for land-based and online markets worldwide. The company operates in two segments, North America and International.
Finally, Penn National Gaming Inc. (NASDAQ:PENN), ended its last trade with 1.91% gain, and closed at $16.
Penn National Gaming, declared that it will release its 2015 first quarter financial results at 7:00 a.m. ET on Thursday, Thursday, April 23, 2015 and will host a conference call and simultaneous webcast at 9:00 a.m. ET on Thursday, April 23, 2015. Both the call and webcast are open to the general public.
Penn National Gaming, Inc. owns and operates gaming and pari-mutuel properties. It operates through East/Midwest, West, and Southern Plains segments. The company is involved in gaming and racing operations.
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