On Monday, NiSource Inc. (NYSE:NI)’s shares inclined 0.85% to $46.35.
NiSource Inc. (NI) declared that its Board of Directors elected Deborah A. “Deb” Henretta to the Board, effective upon the separation of Columbia Pipeline Group (CPG) from NiSource, which is predictable to happen on July 1, 2015.
Ms. Henretta presently serves as Group President of Global e-Commerce at the Procter & Gamble Co., counting serving as Head of Global Beauty Care, a role she held since 2012. She has held various senior positions throughout several P&G sectors, counting Division President of Global Baby/Toddler & Adult Care and Division Vice President of Fabric Conditioners and Bleach.
NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. It operates through three segments: Gas Distribution Operations, Columbia Pipeline Group Operations, and Electric Operations. The Gas Distribution Operations segment offers natural gas service and transportation to residential, commercial, and industrial customers.
Pandora Media Inc (NYSE:P)’s shares dropped -2.03% to $16.86.
Pandora Media Inc (P) has joined with Ford F-Series Trucks to produce a first of its kind experience – Country Built http://pdora.co/countrybuilt. Like Ford Trucks, the genre of country music exemplifies the principles of toughness and being built to last. Through this relationship, Country Built pays respect to the grit and endurance that have shaped the sounds of country music. The experience celebrates its riveting history while highlighting select next-generation artists carrying the torch into the future through a series of custom-curated mixtapes, interviews, exclusive performances and behind-the-scenes videos.
Pandora Media, Inc. provides Internet radio services in the United States. The company allows listeners to create up to 100 personalized stations to access free music and comedy catalogs, as well as offers Pandora One, a paid subscription service to listeners. It also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. As of December 31, 2014, the company had approximately 250 million registered users; and 81.5 million active users. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.
At the end of Monday’s trade, H & R Block Inc (NYSE:HRB)‘s shares dipped -1.57% to $30.14.
H & R Block Inc (HRB) has signed the Memorandum of Understanding, together with other members of the industry. The MOU documents the agreements of the broad-based working group on detecting and mitigating identity theft tax refund fraud. I commend Commissioner Koskinen for his continued leadership of this unprecedented effort to build a public/private partnership to fight this evolving threat.
H&R Block, Inc., through its subsidiaries, provides tax preparation and related services to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees; and online tax services, such as tax advice, professional and do-it-yourself (DIY) tax return preparation, and electronic filing services through its Website hrblock.com.
Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP), ended its Monday’s trading session with -1.63% loss, and closed at $76.13.
Ctrip.com International, Ltd. (ADR) (CTRP) said it send a confidential, non-binding, preliminary proposal to Qunar’s board of directors in early May to indicate its interest in a potential transaction with the company. Qunar said it would not accept the proposal earlier this week, but said it would be open to further talk about.
The company said it will continue “to explore other partnership opportunities that will bring planned value in the Internet and e-commerce space,” though it will no longer pursue talk about with Qunar.
Ctrip.com International, Ltd., together with its subsidiaries, provides travel services for hotel accommodations, transportation ticketing services, packaged tours, and corporate travel management in the People’s Republic of China. It also offers independent leisure travelers bundled packaged-tour products, including group tours, semi-group tours, and private tours or packaged tours with various transportation arrangements, such as cruise, bus, or self-driving. In addition, the company provides integrated transportation and accommodation services; various value-added services, including transportation at destinations and tickets, insurance, visa services, and tour guides; supplier management and customer relationship management services; and car rental services.
On Monday, New Residential Investment Corp (NYSE:NRZ)’s shares inclined 0.37% to $16.07.
New Residential Investment Corp (NRZ) declared the commencement of a public offering of 31,486,146 shares of its common stock. Of the total number of shares being offered, 27,935,389 shares are being offered by the Company and the majority of the remainder is being offered by an associate of FIG LLC (our Manager), which will acquire the shares through the exercise of outstanding options. The underwriters may offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.
In connection with the offering, the Company intends to grant the underwriters an option for 30 days to purchase up to an additional 4,722,921 shares of common stock.
The Company intends to use its portion of the net proceeds from this offering for general corporate purposes, counting to make a variety of investments, which may comprise, but are not limited to, investments in Excess MSRs, servicer advances, real estate securities and real estate related loans. The Company will not receive any proceeds from the sale of the shares by the selling stockholders.
New Residential Investment Corp., a real estate investment trust (REIT), focuses on investing in and managing residential mortgage related assets. It operates through Servicing Related Assets, Residential Securities and Loans, and Other Investments segments. The company invests in excess mortgage servicing rights (MSRs) on residential mortgage loans; and in servicer advances, counting the basic fee component of the related MSRs.
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