On Tuesday, Home Depot Inc (NYSE:HD)’s shares declined -0.39% to $109.50.
Home Depot Inc (HD) declared that Kevin Hofmann, senior vice president, Online will speak at the Goldman Sachs Sixth Annual dotCommerce Day in New York, NY. The presentation will start at 8:55 a.m. ET on June 18, 2015.
The speech will be webcast live over the internet at http://ir.homedepot.com. A link will be displayed under “Events and Presentations.” The webcast will be archived about four hours after the live event and will be accessible until September 16, 2015.
The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, and lawn and garden products, in addition to provide installation, home maintenance, and professional service programs to do-it-yourself, do-it-for-me, and professional customers. The company offers installation programs that comprise flooring, cabinets, countertops, water heaters, and sheds; and professional installation in various categories sold through its in-home sales programs, such as roofing, siding, windows, kitchen and bath refacing, furnaces, and central air systems, in addition to act as a contractor to provide installation services to its do-it-for-me customers through third-party installers.
CenterPoint Energy, Inc. (NYSE:CNP)’s shares gained 0.57% to $19.29.
CenterPoint Energy, Inc. (CNP) has elected to make a Reference Share Offer Adjustment and distribute Additional Interest, if any, in accordance with the terms of CenterPoint Energy’s 2.0 percent Zero-Premium Exchangeable Subordinated Notes due 2029 (ZENS) rather than electing to enhance the Early Exchange Ratio to 100 percent during the pendency of Verizon Communications Inc.’s (NYSE, Nasdaq: VZ) tender offer.
According to the terms of Verizon’s tender offer offered in Plan TO filed with the Securities and Exchange Commission on May 26, 2015, (a) the tender offer is being made solely for cash and expires at 11:59 p.m. (New York City time) on June 22, 2015, unless the offer is extended or earlier terminated; and (b) Verizon anticipates to acquire all remaining shares of AOL for the same cash price in the subsequent merger of AOL with a partner of Verizon, if it consummates its tender offer.
Distributions of Additional Interest on the ZENS are therefore predictable to be made by CenterPoint Energy in connection with the consummation of Verizon’s tender offer and the subsequent merger of AOL with a partner of Verizon. CenterPoint Energy’s distribution of Additional Interest in connection with the Reference Share Offer is predictable to be proportionate to the percentage of eligible shares that are validly tendered by AOL stockholders in Verizon’s tender offer.
Capitalized terms not otherwise defined in this press release have the meanings given to such terms in the indenture governing the ZENS.
CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company’s Electric Transmission & Distribution segment offers electric transmission and distribution services to retail electric providers, municipalities, electric cooperatives, and other distribution companies. As of December 31, 2014, this segment owned 28,282 pole miles of overhead distribution lines and 3,719 circuit miles of overhead transmission lines; 22,435 circuit miles of underground distribution lines and 26 circuit miles of underground transmission lines; and 236 substations with a capacity of 57,477 megavolt amperes.
At the end of Tuesday’s trade, Patterson-UTI Energy, Inc. (NASDAQ:PTEN)‘s shares dipped -0.33% to $20.85.
Patterson-UTI Energy, Inc. (PTEN) stated that for the month of May 2015, the Company had an average of 122 drilling rigs operating in the United States and one rig in Canada. For the two months ended May 31, 2015, the Company had an average of 126 drilling rigs operating in the United States and two rigs in Canada.
Average drilling rigs operating stated in the Company’s monthly declarements represent the average number of the Company’s drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company’s operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company’s financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
Patterson-UTI Energy, Inc., through its auxiliaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas.
Horizon Pharma PLC (NASDAQ:HZNP), ended its Tuesday’s trading session with -2.66% loss, and closed at $31.46.
Horizon Pharma PLC (HZNP) declared that it has initiated STEADFAST (safety, tolerability and efficacy of Actimmune dose escalation in friedreich’s ataxia study), a phase III study, on Actimmune for the treatment of patients suffering from Friedreich’s ataxia.
The randomized, multi-center, double-blind, placebo-controlled study will enroll about 90 patients in the U.S. The primary endpoint for the study will measure the change in neurological outcome and evaluate the effect of Actimmune as compared to placebo in these patients.
Actimmune is already approved in the U.S. for the treatment of patients suffering from two rare diseases – chronic granulomatous disease and severe, malignant osteopetrosis. Presently, Horizon Pharma is working toward expanding the product’s label in additional indications.
Horizon Pharma plc, a specialty biopharmaceutical company, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.
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