On Friday, Archer Daniels Midland Company (NYSE:ADM)’s shares declined -2.23% to $49.57.
Archer Daniels Midland Company (ADM) declared that as of 5:00 p.m., New York City time, June 12, 2015, the below-listed amounts of the following debentures (the “Debentures”) have been validly tendered and not validly withdrawn in connection with the cash tender offers, as stated by the depositary. These Debentures, if accepted, will be eligible for the early tender payment of $30.00 per $1,000.00 principal amount of Debentures. Debentures tendered following the offers can no longer be withdrawn. The terms and conditions of the tender offers are described in detail in the Offer to Purchase dated June 1, 2015, and the related Letter of Transmittal.
The formerly declared early tender time for each series of Debentures has been extended to 5:00 p.m., New York City time, on June 30, 2015, which is the current expiration date for the offers. Holders of Debentures that are validly tendered prior to the expiration date will be eligible to receive the early tender payment of $30.00 per $1,000.00 principal amount of Debentures. All other terms of the offers, as formerly declared, remain unchanged except that all holders will be eligible to receive the early tender payment regardless when their Debentures were tendered.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; refined oils; oilseed protein meals; natural health and nutrition products, and other specialty food and feed ingredients; and cottonseed flour and cotton cellulose pulp.
A Schulman Inc (NASDAQ:SHLM)’s shares dropped -2.04% to $45.24.
A Schulman, Inc. ( SHLM) expects to release fiscal 2015 third-quarter results after the market closes on Monday, July 6, 2015. The Company will hold its fiscal 2015 third-quarter earnings conference call on Tuesday, July 7, 2015 at 10 a.m. Eastern time, with Bernard Rzepka, President and Chief Executive Officer and Joseph Levanduski, Executive Vice President and Chief Financial Officer.
The conference call will be available via a live webcast and a replay will be archived for 90 days. To access the webcast or replay, visit the Company’s website, www.aschulman.com.
A Schulman, Inc. supplies plastic compounds and resins for use in packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, sports, home, and leisure markets. The company provides custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects.
At the end of Friday’s trade, D.R. Horton, Inc. (NYSE:DHI)‘s shares surged 0.39% to $27.97.
D.R. Horton, Inc. (DHI), America’s Builder, declared that the Company will release financial results for its third fiscal quarter ended June 30, 2015 on Tuesday, July 28, 2015 before the market opens. The Company will host a conference call that morning at 10:00 a.m. Eastern Time (ET). The dial-in number is 877-407-8033. Participants are encouraged to call in five minutes before the call begins (9:55 a.m. ET). The call will also be webcast from the Company’s website at investor.drhorton.com.
D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 79 markets in the United States under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, and Crown Communities. The company constructs single-family detached homes; and attached homes, such as town homes, duplexes, triplexes, and condominiums. It is also involved in the origination and sale of mortgages; and provision of title insurance policies, and examination and closing services.
LendingClub Corp (NYSE:LC), ended its Friday’s trading session with -4.98% loss, and closed at $15.26.
At CGI America, President Bill Clinton declared a Commitment to Action between Lending Club (LC), the world’s largest online marketplace connecting borrowers and investors, and Opportunity Fund, a national leader in community-based lending to small businesses.
This pilot program is intended to provide up to $10 million in loans to small businesses in underserved areas of California, assisting an estimated 400 businesses create 1,000 jobs, based on historical impact data collected by Opportunity Fund. The partnership was developed as part of the Community Investment Working Group.
Access to capital for entrepreneurs plays a key role in economic mobility, job creation, and the health of the middle-class, but bank lending to small businesses has failed to recover from the 2008 recession. According to FDIC data[1], while bank commercial loans of $1 million or more have raised by 47% from 2007 to 2014, loans of $100,000 or less have actually fallen by 9%. According to Opportunity Fund, minority communities and women entrepreneurs are particularly underserved, exacerbating disparities in wealth and opportunity.
LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
