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Friday 17 July 2015
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Pre-Market News Report on: Celanese (NYSE:CE), Travelport Worldwide (NYSE:TVPT), WestRock (NYSE:WRK), Magellan Midstream Partners, L.P. (NYSE:MMP)

On Tuesday, Celanese Corporation (NYSE:CE)’s shares inclined 1.68% to $70.66.

Celanese Corporation (CE), a global technology and specialty materials company, declared that it will host a conference call to talk about its second quarter 2015 results on Friday, July 17, 2015, starting at 10:00 a.m. Eastern time. Commenting on results will be Mark Rohr, chairman and chief executive officer, and Chris Jensen, senior vice president, finance.

Celanese Corporation, a technology and specialty materials company, manufactures and sells value-added chemicals, thermoplastic polymers, and other chemical-based products worldwide.

Travelport Worldwide Ltd (NYSE:TVPT)’s shares dropped -0.59% to $13.53.

Travelport Worldwide Limited (TVPT) declared that it will host its second quarter 2015 earnings conference call at 8:00 a.m. (Eastern Time) on Tuesday, August 4, 2015. The Company’s earnings results will be released proceeding to the market opening.

Travelport Worldwide Limited offers travel commerce platform that provides distribution, technology, payment, and other solutions for the travel and tourism industry in the United States, the United Kingdom, and internationally. The company facilitates travel commerce by connecting the airlines and hotel chains with online and offline travel agencies and other travel buyers through its proprietary business to business travel commerce platform.

At the end of Tuesday’s trade, WestRock Co (NYSE:WRK)‘s shares surged 0.11% to $62.19.

WestRock Company (WRK) declared its initial shareholder return strategy as the newly formed company began operations following the completion earlier recently of the merger of MeadWestvaco and RockTenn.

Dividend

WestRock’s board of directors has set an initial quarterly dividend rate of $0.375 per share, which is equivalent to an annual rate of $1.50 per share. The annualized rate represents an initial yield of about 2.40 percent and a 17 percent enhance to the most recent combined dividend rates of MeadWestvaco and RockTenn. The shareholder record date and payment date for the quarterly dividend will be declared over the next several weeks.

WestRock Company manufactures and sells containerboard and paperboard products in the Unites States, Canada, Mexico, Chile, Argentina, and Puerto Rico. The company operates through four segments: Corrugated Packaging, Consumer Packaging, Merchandising Displays, and Recycling.

Magellan Midstream Partners, L.P. (NYSE:MMP), ended its Tuesday’s trading session with 0.47% gain, and closed at $74.41.

Magellan Midstream Partners, L.P. (MMP) plans to declare financial results for second quarter 2015 before the market opens on Thurs., Aug. 6. Administration will talk about second-quarter earnings, outlook for the remainder of 2015 and the status of noteworthyexpansion projects during a conference call with analysts at 1:30 p.m. Eastern the same day.

Magellan Midstream Partners, L.P. engages in the transportation, storage, and distribution of refined petroleum products and crude oil in the United States. It operates in three segments: Refined Products, Crude Oil, and Marine Storage. The company operates refined products pipeline that transports gasoline, distillates, aviation fuels, and liquefied petroleum gases for independent and integrated oil companies, wholesalers, retailers, traders, railroads, airlines, and regional farm cooperatives; leases pipeline and storage tank capacity to shippers; and provides services, counting terminalling, ethanol and biodiesel loading and unloading, additive injection, custom blending, laboratory testing, and data services.

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