On Monday, Eclipse Resources Corp (NYSE:ECR)’s shares declined -2.56% to $3.81.
EnerCom, Inc. will host The Oil & Gas Conference® 20, August 16-20, 2015, in Denver at the Westin Denver Downtown. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals interested in attending the event can register through the conference website.
Eclipse Resources Corporation, an independent exploration and production company, acquires and develops oil and natural gas properties in the Appalachian Basin. The company owns interests in the Utica Shale and Marcellus Shale areas. As of December 31, 2014, it had an acreage position approximating 221,700 net acres in Eastern Ohio. The company’s estimated proved reserves comprised of 355.8 billion cubic feet of natural gas equivalent. Eclipse Resources Corporation was founded in 2011 and is headquartered in State College, Pennsylvania.
Nordstrom, Inc. (NYSE:JWN)’s shares gained 0.17% to $77.33.
Seattle-based Nordstrom, Inc. (JWN) declared plans to open Nordstrom Rack at Woodmore Towne Center in Glenarden, Md. The about 30,000-square-foot store is planned to open in spring 2017. The property is owned by Petrie Richardson Ventures, in a joint venture with Prudential Real Estate Investors.
Nordstrom Rack is a part of phase two of the project joining existing anchors Wegmans and Costco. Other retailers comprise Best Buy, Old Navy, JCPenney and several restaurants. Woodmore Towne Center is conveniently located just off the Capital Beltway (I-495) at Route 202 in Glenarden.
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, counting Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, counting Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance.
At the end of Monday’s trade, Honda Motor Co Ltd (ADR) (NYSE:HMC)‘s shares surged 0.19% to $31.15.
Honda Aircraft Company declared that it is expanding sales of the HondaJet for the first time to South America. Sales will start in Brazil with the HondaJet making its first appearance at the 2015 Latin America Business Aviation Convention and Exhibition (LABACE) in São Paulo, Brazil, Aug. 11 to 13.
Honda Motor Co., Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power product and Other Businesses. The Motorcycle Business segment produces sports models, counting trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and multi utility vehicles. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles, in addition to vehicles powered with alternative fuel, such as natural gas, ethanol, electric, and fuel cell vehicles.
Credit Suisse Group AG (ADR) (NYSE:CS), ended its Monday’s trading session with -1.92% loss, and closed at $28.65.
Credit Suisse Group AG (ADR) (CS) driven by supply fundamentals and macroeconomic factors, according to Credit Suisse Asset Management.
The Bloomberg Commodity Index Total Return performance was negative for the month, with 15 out of 22 Index constituents trading lower.
Credit Suisse Asset Administration observed the following:
- Industrial Metals was the worst performing sector, down 7.70%, as a continued weak economic growth outlook for China weighed on demand expectations.
- Agriculture declined 3.50%, led lower by softs, as a weaker Brazilian Real incentivized exports of sugar, coffee and soybeans. In addition, heavy rainfall improved the coffee harvest outlook in Brazil and Colombia, increasing supply expectations.
- Energy finished the month 2.13% lower, led by Natural Gas. Inventories rose more than predictable towards the end of the month, and forecasts for moderate weather across the U.S. reduced cooling demand expectations.
- Livestock gained the most, up 2.34%. In addition to Lean Hogs, Live Cattle also ended the month higher following raised wholesale beef demand. Furthermore, good pasture conditions incentivized producers to hold back cattle, shrinking near term supplies.
Credit Suisse Group AG, together with its auxiliaries, provides various financial services to private, corporate, institutional, government clients, and high-net-worth individuals, in addition to affluent and retail clients worldwide. The company operates through two segments, Private Banking & Wealth Administration and Investment Banking. The Private Banking & Wealth Administration segment offers a range of advice and financial solutions, counting structured advisory to high-net-worth clients; banking products, such as lending, cash and liquidity administration, trade finance, ship and aviation finance, corporate finance, investment solutions, custody, and asset and liability administration; and investment solutions and services to pension funds, governments, foundations and endowments, corporations, and individuals.
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