On Friday, Aetna Inc (NYSE:AET)’s shares inclined 0.78% to $116.86.
Aetna Inc (AET) declared that Mark T. Bertolini, chairman and CEO, is planned to make a presentation at the Goldman Sachs 36th Annual Global Healthcare Conference on June 10, 2015, in Los Angeles.
Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit administration services, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis.
FuelCell Energy Inc (NASDAQ:FCEL)’s stock showed no change to $1.22.
FuelCell Energy Inc (FCEL) declares affordable on-site generation of high purity hydrogen for transportation and industrial applications using commercial fuel cell power plants. A megawatt-scale FuelCell Energy hydrogen delivery system can generate more than 1,200 kilograms of hydrogen per day, suitable for larger industrial applications or adequate to power a fleet of more than 1,500 fuel cell cars while also producing two megawatts of ultra-clean electricity. The hydrogen and power is generated in a low carbon manner when operating on natural gas, or is carbon neutral when utilizing renewable biogas as the fuel source.
FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name. Its power plants electrochemically produce electricity and heat using various fuels, counting natural gas, methanol, diesel, biogas, coal gas, coal mine methane, and propane.
At the end of Friday’s trade, Hanwha Q Cells Co Ltd –ADR (NASDAQ:HQCL)‘s shares surged 15.48% to $1.79.
Hanwha Q Cells Co Ltd –ADR (HQCL) declared that it will change the ratio of its American Depositary Shares (“ADSs”) to ordinary shares from one (1) ADS representing five (5) ordinary shares to one (1) ADS representing fifty (50) ordinary shares, effective on June 15, 2015.
Each shareholder of record at the close of business on June 12, 2015 will be required to exchange every ten (10) ADSs then held for one (1) new ADS. The effect on the ADS price will take place on June 15, 2015.
Hanwha Q CELLS Co., Ltd., a solar energy company, develops, manufactures, and sells solar cells and photovoltaic (PV) modules in Europe, North America, Asia, South America, Africa, and the Middle East. Its products and services comprise PV modules, PV cells, silicon ingots, and silicon wafers.
Novatel Wireless Inc (NASDAQ:MIFI), ended its Friday’s trading session with 0.25% gain, and closed at $4.01.
Hanwha Q Cells Co Ltd –ADR (HQCL) declared that it has priced a private offering of $120 million aggregate principal amount of the Company’s 5.50% Convertible Senior Notes due 2020 (the “Convertible Notes”).
The Convertible Notes will be senior unsecured obligations of the Company. The closing of the sale of the Convertible Notes is predictable to occur on June 10, 2015, subject to the satisfaction of customary closing conditions.
The Convertible Notes will pay interest semi-annually at a rate of 5.50% per year and will mature on June 15, 2020, unless redeemed, repurchased or converted in accordance with their terms prior to such date. The Convertible Notes will have an initial conversion rate, subject to adjustment, of 200.0000 shares of the Company’s common stock per $1,000 principal amount of the Convertible Notes, representing a conversion price of $5.00 per share of the Company’s common stock, representing a conversion premium of 25% over the last stated sale price of $4.00 per share of the Company’s common stock on June 4, 2015.
Novatel Wireless, Inc. provides wireless broadband access solutions for the mobile communications market worldwide. It operates in the Mobile Computing Products, and M2M Products and Solutions segments. The Mobile Computing Products segment offers MiFi Intelligent Mobile Hotspots, the company’s flagship product providing connectivity option for Wi-Fi-enabled devices, such as iPad, Kindle, tablets, PCs, MP3 players, and gaming devices; 4G LTE Broadband Router with Voice, a wireless solution that supports wireless voice and data; USB and PC-Card/Expresscard modems for wireless broadband networks access; and embedded modules for use in computing devices, such as laptop PCs, netbooks, tablets, and other electronic products to provide wireless broadband access.
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