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Sunday 9 August 2015
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Latest Update

Pre-Market News Report on: Calpine (NYSE:CPN), Electronic Art (NASDAQ:EA), Invesco (NYSE:IVZ), Range Resources (NYSE:RRC)

On Monday, Calpine Corporation (NYSE:CPN)’s shares inclined 0.98% to $17.54.

Calpine Corporation (CPN) declared that it plans to release second quarter 2015 financial results on Thursday, July 30, 2015, before the opening of the New York Stock Exchange. Administration will present the results during an investor call planned for 10 a.m. Eastern Time / 9 a.m. Central Time on July 30.

Calpine Corporation, a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. The company sells wholesale power, steam, capacity, renewable energy credits, and ancillary services to utilities, independent electric system operators, industrial and agricultural companies, retail power providers, municipalities, power marketers, and others.

Electronic Arts Inc. (NASDAQ:EA)’s shares gained 2.04% to $73.54.

Electronic Arts Inc. (EA) will release its financial results for the first quarter fiscal year 2016 after the close of market on Thursday, July 30, 2015. In conjunction with this release, EA will host a conference call to review its financial results for the first quarter, talk about its outlook for the future and may disclose other material developments affecting its business and/or financial performance. Listeners may access the conference call live via a dial-in number or audio webcast.

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and online services for video game consoles, Internet-connected consoles, personal computers, mobile phones, and tablets worldwide. The company operates through EA Studios, EA Mobile, and Maxis divisions. It develops and publishes digital interactive entertainment games primarily under the The Sims, Madden NFL, EA SPORTS FIFA, Battlefield, FIFA Soccer, Need for Speed, Dragon Age, and Plants vs. Zombies brand names.

At the end of Monday’s trade, Invesco Ltd. (NYSE:IVZ)‘s shares surged 1.52% to $37.49.

Invesco Ltd. (IVZ) declared the closing of a commercial real estate loan investment. IVR offered an about $21 million mezzanine loan secured by a pledge of the equity interests in a luxury Florida hotel asset which will facilitate the recapitalization of the property. The transaction is structured with a floating interest rate and a term of three years, with two one-year extension options.

Commenting on the transaction, Kevin Collins, managing director and head of commercial mortgage credit, said: “This marks IVR’s ninth direct floating rate financing. We look forward to ongoing our search for attractive risk-adjusted unlevered returns in this sector of mortgage market.”

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced and fixed income portfolios.

Range Resources Corp. (NYSE:RRC), ended its Monday’s trading session with 1.90% gain, and closed at $46.13.

Invesco Ltd. (IVZ) stated preliminary month-end assets under administration (AUM) of $803.6 billion, a decrease of 1.1% month over month. The decrease was driven by unfavorable market returns and net outflows in money market. These declines were partially offset by positive foreign exchange, long-term net inflows and inflows into the PowerShares QQQ. FX raised AUM by $3.9 billion. Preliminary average total AUM for the quarter through June 30 were $810.9 billion, and preliminary average active AUM for the quarter through June 30 were $666.7 billion.

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced, and fixed income portfolios.

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