On Friday, KB Home (NYSE:KBH)’s shares declined -1.22% to $16.16.
The board of directors of KB Home (KBH) has declared a quarterly cash dividend of $.025 per share on the Company’s common stock, payable on August 20, 2015 to stockholders of record on August 6, 2015.
KB Home operates as a homebuilding company in the United States. It constructs and sells various homes, counting attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, move-up, and active adult homebuyers under the name KB Home.
Workday Inc (NYSE:WDAY)’s shares gained 0.30% to $84.70.
Workday, Inc. (WDAY), a leader in enterprise cloud applications for finance and human resources, recently declared plans to deliver a new application, Workday Inventory, in addition to new features for Workday Procurement — designed to meet the supply chain administration needs of healthcare providers. Combined with Workday Financial Administration and Workday Human Capital Administration (HCM), this new supply chain administration functionality will equip healthcare providers with one system that offers visibility into talent needs, the flexibility to quickly adapt to new regulations and industry standards, and the ability to manage inventory and supplier interactions. Workday plans to design the expanded suite based on feedback from charter members of the Workday Healthcare Advisory Council, counting Christiana Care Health System and Community Health Services of Georgia.
Workday, Inc. provides enterprise cloud applications for finance and human resources in the United States and internationally. It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources.
At the end of Friday’s trade, NetScout Systems, Inc. (NASDAQ:NTCT)‘s shares surged dipped -0.47% to $39.87.
Danaher Corporation (DHR) declared the final exchange ratio for its split-off exchange offer for Danaher common stock in connection with the formerly declared separation of Danaher’s Communications business and merger of Potomac Holding LLC, the Danaher partner holding its Communications business, with a partner of NetScout Systems, Inc. (NTCT) will be 2.4000 common units of Potomac Holding LLC for each share of Danaher common stock validly tendered and not properly withdrawn and accepted by Danaher following the terms of the exchange offer. After Danaher’s acceptance of shares in the exchange offer, a partner of NetScout will merge with and into Potomac Holding LLC, with Potomac Holding LLC surviving the merger and each Potomac Holding LLC common unit will automatically convert into the right to receive one share of NetScout common stock.
The final calculated per-share value of Danaher common shares and the final calculated per-unit value of Potomac Holding LLC common units, in each case determined in the manner described in the Prospectus-Offer to Exchange, dated May 14, 2015 (the “Prospectus”), would have resulted in an exchange ratio of more than the upper limit of 2.4000. Accordingly, the final exchange ratio has been set at 2.4000 Potomac Holding LLC common units for each Danaher common share accepted in the exchange offer. Because the upper limit is in effect, the exchange offer has been automatically extended until 12:00 midnight, New York City time, on July 13, 2015.
NetScout Systems, Inc., together with its auxiliaries, designs, develops, manufactures, markets, licenses, sells, and supports network, application, and service assurance solutions in the United States, Europe, Asia, and internationally. It offers performance analytics and operational intelligence solutions that facilitate the evolution toward new computing paradigms, such as virtualization, mobility, and cloud.
Cloud Peak Energy Inc. (NYSE:CLD), ended its Friday’s trading session with -9.82% loss, and closed at $3.58.
Cloud Peak Energy Inc. (CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, today announced second quarter 2015 shipments and updated its annual Adjusted EBITDA guidance. Results for the second quarter and first six months of 2015 are expected to be announced on July 29, 2015. Conference call details are set forth below.
Second quarter 2015 shipments from the Company’s three mines were 16.0 million tons compared to 20.6 million tons in the second quarter of 2014. For the full year 2015, the Company now expects shipments to be between 74 and 78 million tons.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments. It produces and sells sub-bituminous thermal coal with low sulfur content primarily to electric utilities operating in the United States and internationally.
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