On Tuesday, Cowen Group Inc (NASDAQ:COWN)’s shares inclined 1.74% to $6.44.
Cowen Group, Inc. (COWN) declared that George Mihalos has joined Cowen and Company’s Equity Research department as a Director to cover payments and financial information stocks. Mr. Mihalos is based in New York and reports to Robert Fagin, Cowen’s Director of Research.
Mr. Mihalos has nine years of equity research experience in the payments and financial information sector. He joins Cowen from Credit Suisse where he was a research analyst, and formerly held similar roles at Bank of America Merrill Lynch and Bear Stearns.
Mr. Mihalos holds a Bachelor in Business Administration degree from Hofstra University.
Cowen’s technology, media and telecommunications equity research team comprises 13 senior analysts whose coverage spans Computer Services & IT Consulting, Digital Media, Internet, Media, Payments & Financial Information, Semiconductor Capital Equipment, Semiconductors, Software, Telecom & Networking Equipment, and Telecom Services.
Cowen Group, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides alternative investment administration, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its auxiliaries.
Lumber Liquidators Holdings Inc (NYSE:LL)’s shares dropped -0.14% to $20.71.
Lumber Liquidators (LL), the largest specialty retailer of hardwood flooring in North America, has extended its long-term relationship with No Barriers USA through a $50,000 sponsorship of the organization’s 2015 Summit.
The No Barriers Summit – which wrapped yesterday after a four-day run in Park City, Utah – brings people together through activities designed to intellectually, emotionally and physically challenge attendees with various disabilities. Scientists, inventors, academics and practitioners facilitate four days of enriching activity at the Summit, counting hands-on clinics, outdoor excursions, films, art, music, leadership exercises and more.
Lumber Liquidators has been a major sponsor of the No Barriers Summit since the inaugural event in 2007. The Company’s roots with No Barriers USA reach to 2001, when Lumber Liquidators Founder Tom Sullivan was inspired by blind adventurer Erik Weihenmayer’s quest to climb Mount Everest. After becoming the first blind climber to scale the world’s tallest mountain, Weihenmayer co-founded No Barriers USA in 2005 to inspire disabled individuals to live fuller lives.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories. It primarily offers solid and engineered hardwood products; laminate floorings; bamboo floor products, cork floorings, and vinyl plank flooring; wood flooring moldings; butcher block kitchen countertops, and staircase treads and risers; and accessories, such as sealers, adhesives, and underlayments, in addition to flooring tools and floor cleaning supplies.
At the end of Tuesday’s trade, Dicks Sporting Goods Inc (NYSE:DKS)‘s shares dipped -0.04% to $51.80.
DICK’S Sporting Goods (DKS), the largest U.S.-based, full-line omni-channel sporting goods retailer, will be opening its first All-American Sports Center on Thursday, July 23rd at McGowin Park in Mobile, Alabama (1390 Tingle Circle West).
The All-American Sports Center features a DICK’S Sporting Goods and a Field & Stream store in one location under the same roof. Customers benefit from an expanded assortment and the ability to move between the two stores once inside, creating a unique, exciting shopping experience.
Dick’s Sporting Goods, Inc. operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, counting sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear products and accessories.
Stone Energy Corporation (NYSE:SGY), ended its Tuesday’s trading session with 4.67% gain, and closed at $11.43.
Stone Energy Corporation (SGY) provided a drilling and production update. In the Gulf of Mexico deepwater, operations at the Cardona #6 development well, located in Mississippi Canyon block 29, have been proceeding ahead of schedule and below budget, and drilling has been completed through the targeted zones. The well encountered approximately 288 feet of net pay in two intervals, similar to the Cardona #5 net pay of 275 feet. Analysis of logging and pressure data confirmed the existence of oil in the pay zones. The well has been successfully cased and cemented across all productive zones, the subsea tree has been installed and completion operations have begun. The well will be tied into our existing Cardona subsea infrastructure, which flows into Stone’s Pompano platform. It is expected that gross production from Cardona #6 will reach approximately 5,000 Boe per day (65% working interest) from the lower completion by late September. The upper completion is expected to have a similar production rate and will be accessed in the future by hydraulically shifting sleeves between the upper and lower completions.
Upon completion of the Cardona #6 well, the ENSCO 8503 deepwater drilling rig will be released for about 60 days to receive planned maintenance and to be outfitted with mooring capabilities. The rig will then be mobilized to Mississippi Canyon block 26 to finish the completion of the Amethyst discovery (100% working interest). Amethyst will also be tied back to the Pompano platform, where first production is predictable early in the first quarter of 2016. Following the Amethyst completion, the rig is presently projected to drill the Cardona #7 development well and the Lamprey deep water exploration prospect.
Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico and the Appalachia region. As of December 31, 2014, it had estimated proved oil and natural gas reserves of about 915 billion cubic feet of gas equivalent. The company was founded in 1993 and is headquartered in Lafayette, Louisiana.
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