On Thursday, Shares of Magnum Hunter Resources Corp. (NYSE:MHR), gained 6.29% to $1.86.
Magnum Hunter Resources Corporation, will use proceeds from the sale of its stake in a gathering system to pay down $300 million to $400 million in debt and to resume drilling. Additionally, the Texas-based company (NYSE:MHR) is working on forming not one, but two, joint ventures to assist it develop its Ohio and West Virginia acreage, chairman and CEO Gary C. Evans said Thursday. American City Business Journals Reports.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States.
Shares of The Mosaic Company (NYSE:MOS), inclined 2.14% to $46.21, during its last trading session.
The Mosaic Company, released its 2014 Sustainability Report titled, “Leading with Purpose,” which outlines the company’s sustainability progress and new 2020 sustainability targets. The company’s sixth Sustainability Report discloses information on 95 Global Reporting Initiative (GRI) indicators and is prepared in alignment with G4 Core Sustainability Reporting Guidelines, which have an raised focus on materiality. The report’s data has been assured, and its water, waste, energy and greenhouse gas emissions information is externally verified by third-party reviewers.
“No element of our company’s progress shines more brightly than our commitment to sustainability. Mosaic is leading the crop nutrition industry, and we are leading with purpose. We’re growing our value to shareholders while achieving measurable and meaningful environmental and social progress,” said Jim Prokopanko, President and Chief Executive Officer of The Mosaic Company. “Our employees and stakeholders have played an important role in assisting Mosaic identify opportunities to improve. This report reflects our focus on delivering industry-leading sustainability performance.”
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida.
Finally, The Blackstone Group L.P. (NYSE:BX), ended its last trade with -0.72% loss, and closed at $41.08.
Multi declared the acquisition by Blackstone Real Estate Partners Europe IV of Palmanova Outlet Village, a 22,000 m2 high-quality outlet centre located between Trieste and Venice. The village opened in 2008 and hosts over 90 retailers, counting Calvin Klein, Nike, Adidas, Guess and Tommy Hilfiger and generates about three million customer visits per year.
As a result of this acquisition, Blackstone now owns a portfolio of five up-market factory outlet centres throughout Italy, located in Lombardy, Tuscany, the Venice region and Puglia. The platform, one of the largest in Italy, totals 150,000 m2 with about 650 shops, and welcomes 15 million visitors a year. Annual sales across the platform are close to € 400 million. Blackstone was advised on the acquisition of Palmanova by Cushman & Wakefield.
Paolo Bottelli, Chairman of Multi Italy: “With the acquisition of Palmanova Outlet Village, we have strengthened our position as a leading owner of factory outlet centres in Italy. This unique asset provides a compelling opportunity to further upgrade the retail offering for both our local customers and tourists.”
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.
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