On Tuesday, CMS Energy Corporation (NYSE:CMS)’s shares inclined 0.28% to $31.79.
CMS Energy Corporation (CMS) has presented a $1,000 check to each of the two 2015 Michigan Senior Citizens of the Year.
The presentation took place on the Capitol lawn during Older Michiganians Day, which drew nearly 1,000 seniors June 2 to the Capitol from across Michigan. The energy provider is a longtime sponsor of the annual gathering.
Jackson resident Joe Evans, 76, accepted the award in the category of Community Leadership at the Older Michiganians Day event on the Capitol lawn.
Evans was nominated by the Jackson County Advisory Council for his many years of volunteering in his community, counting serving as a member of the Jackson County Advisory Council, for being a member of the Jackson County Traffic Safety Commission and volunteering at the Jackson Department on Aging.
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula.
Deutsche Bank AG (USA) (NYSE:DB)’s shares dropped -2.86% to $31.23.
Deutsche Bank AG (USA) (DB) declare the appointment of Blake Hallinan as Head of Global Retail Investment Banking Coverage. Hallinan will join Deutsche Bank later this summer after over 15 years at Bank of America Merrill Lynch, where he was a Managing Director in the firm’s Consumer and Retail investment banking group.
Hallinan has an impressive record of accomplishment in the retail sector, having recently led deals for Susser Holdings, Zale, Party City and Men’s Wearhouse. He will be based in New York and will report to Jeff Rose who has been named Global Co-Head of Consumer, Retail and Services Investment Banking Coverage, and to Scott Bell, also co-head of the team and Co-Head of UK Corporate Finance. Rose joined Deutsche Bank last year to lead Consumer Banking in the Americas and has meaningfully improved the Bank’s planned positioning in the region.
Deutsche Bank further declares that Keith Wargo has been designated Vice Chairman for global Consumer, Retail and Services IBC. Wargo, who had been global Co-Head of Consumer, Retail and Services, will focus on deepening planned corporate relationships in the sector. He will also assume primary coverage of select consumer-dedicated financial sponsor accounts. Wargo and Rose will report to Paul Stefanick, Head of Global Investment Banking Coverage & Advisory and Co-Head of Corporate Finance Americas.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, as well as various financial services to public sector.
At the end of Tuesday’s trade, bebe stores, inc. (NASDAQ:BEBE)‘s shares dipped -24.25% to $1.89.
, bebe stores, inc. (BEBE) declared that it has filed a registration statement with the U.S. Securities and Exchange Commission (the “SEC”) regarding projected secondary offering from time to time of 46,914,055 shares of its common stock held by certain selling shareholders (the “Selling Shareholders”) associated with the Company’s chairman, Manny Mashouf. Following effectiveness of the registration statement with the SEC, the Selling Shareholders would intend to sell their shares in the Company over a reasonable period of time in a series of underwritten public offerings or otherwise. bebe is not offering any shares of common stock pursuant of the registration statement and will not receive any proceeds from the sale of any shares there under.
No decision has been made to engage in a transaction or transactions, and there can be no assurance that any transaction will occur or, if undertaken, the terms or timing thereof.
Bebe Stores, Inc., together with its auxiliaries, designs, develops, and produces a range of women’s apparel and accessories under the bebe, BEBE SPORT, and bbsp brand names. Its product line comprises fashion separates, tops, dresses, active wear, and outerwear across various wardrobe occasions, in addition to accessories, such as jewelry, sunglasses, fragrances, cosmetics, shoes, and handbag assortments.
Iron Mountain Inc (NYSE:IRM), ended its Tuesday’s trading session with -1.08% loss, and closed at $31.95.
Iron Mountain Inc (IRM) the storage and information administration company, and Recall Holdings Limited (REC.AX), a global leader in information administration, recently declared that they have reached a binding Scheme Implementation Deed for Iron Mountain to acquire Recall by way of a recommended court-approved Scheme of Arrangement for an enterprise value of about A$3.4 billion (US$2.6 billion) at the current Iron Mountain stock price. The transaction is contingent upon certain customary shareholder and regulatory approvals and other customary conditions, and is predictable to close in early 2016.
Under the terms of the transaction, Recall shareholders will receive 0.1722 of an Iron Mountain common share and US$0.50 in cash for each Recall share, with Iron Mountain to establish a secondary listing on the Australian Securities Exchange (ASX) to allow Recall Shareholders to trade Iron Mountain shares via CHESS Depository Interests (CDIs) on the ASX. Alternatively, Recall shareholders may elect to receive A$8.50 in cash for each Recall share. The total amount of cash consideration to be paid following this all-cash alternative is subject to a cap of A$225 million, with preferential access to the cash pool predictable for the first 5,000 shares for each current Recall shareholder1.
Iron Mountain Incorporated, together with its auxiliaries, provides storage and information administration services in North America, Europe, Latin America, and the Asia Pacific. It operates through North American Records and Information Administration Business, North American Data Administration Business, and International Business segments.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
