On Friday, Pilgrim’s Pride Corporation (NASDAQ:PPC)’s shares declined -4.38% to $19.85.
Pilgrim’s Pride Corporation has donated $100,000 to Auburn University in Alabama to assist fund the relocation and modernization of a new state-of-the-art poultry research facility.
Jayson Penn, executive vice president of sales and operations for Pilgrim’s, presented the donation this morning to a group of Auburn dignitaries.
The new Auburn research facilities will allow for raised control, precision and replication to meet research needs well into the future, in addition to the ability to generate new knowledge and technology to sustain commercial poultry production. Auburn is one of six remaining dedicated poultry science departments in the U.S.
Relevant research being done at Auburn comprises studies on meat quality, litter administration, animal welfare and antibiotic-free production.
Pilgrim’s Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products to retailers, distributors, and foodservice operators in the United States, Mexico, and Puerto Rico. It offers fresh chicken products comprising pre-marinated or non-marinated, and prepackaged refrigerated (nonfrozen) whole or cut-up chicken in various combinations of refrigerated whole chickens and chicken parts.
AerCap Holdings N.V. (NYSE:AER)’s shares gained 5.36% to $40.49.
AerCap Holdings N.V. (AER) declared that it has accomplished the sale of a ten-aircraft portfolio to an entity advised by Magnetar Capital, an investment manager with $14.6 billion assets under administration. The aircraft types comprise four A330-200s, two 777-200ERs, two 777-300ERs, and two A320-200s with an average age of about 10.5 years. As part of the sale, AerCap has reached a contract with the purchaser under which it will continue to service the portfolio.
“We are happy with the sale of these ten aircraft as it assists further balance the aircraft types in our portfolio,” said Ted O`Byrne, Chief Investment Officer of AerCap. “With the completion of this sale, the total amount of aircraft sold to date in 2015 is $1.2 billion. We are also delighted with the emergence of our new partner on the transaction and look forward to working with the Magnetar team in the future.”
David Snyderman, Global Head of Fixed Income at Magnetar, said: “This investment fits in well with Magnetar`s strong and growing portfolio of mid-life aircraft. We`re particularly happy with our growing relationship with AerCap.”
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines.
At the end of Friday’s trade, Centene Corp (NYSE:CNC)‘s shares surged 4.15% to $55.99.
Centene Corporation (CNC) declared that it will release its 2015 third quarter financial results at about 6:00 AM (Eastern Time) on Tuesday, October 27, 2015, and host a conference call afterwards at about 8:30 AM (Eastern Time) to review the results. Michael F. Neidorff, Chairman and Chief Executive Officer, and William N. Scheffel, Executive Vice President, Chief Financial Officer and Treasurer, of Centene Corporation will host the call.
Centene Corporation operates as a diversified, multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States.
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