On Monday, CenterPoint Energy, Inc. (NYSE:CNP)’s shares declined -0.67% to $19.13.
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.
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.
American Capital Agency Corp. (NASDAQ:AGNC)’s shares dropped -1.29% to $19.85.
American Capital Agency Corp. (AGNC) declared that its Board of Directors has declared a cash dividend on its 8.000% Series A Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) (AGNCP) of $0.50 per share for the second quarter 2015. The dividend is payable on July 15, 2015 to preferred shareholders of record as of July 1, 2015, with an ex-dividend date of June 29, 2015.
In addition, AGNC’s Board of Directors has declared a cash dividend on its 7.750% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) underlying its outstanding depositary shares (AGNCB), equivalent to $0.484375 per depositary share for the second quarter 2015. Each depositary share represents a 1/1,000th interest in a share of the Series B Preferred Stock. The dividend is payable on July 15, 2015 to preferred shareholders of record as of July 1, 2015, with an ex-dividend date of June 29, 2015.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency. It funds its investments primarily through short-term borrowings structured as repurchase agreements.
At the end of Monday’s trade, LendingClub Corp (NYSE:LC)‘s shares dipped -1.22% to $17.07.
At CGI America, President Bill Clinton declared a Commitment to Action between Lending Club (LC), the world’s largest online marketplace connecting borrowers and investors, and Opportunity Fund, a national leader in community-based lending to small businesses.
This pilot program is intended to provide up to $10 million in loans to small businesses in underserved areas of California, assisting an estimated 400 businesses create 1,000 jobs, based on historical impact data collected by Opportunity Fund. The partnership was developed as part of the Community Investment Working Group.
Access to capital for entrepreneurs plays a key role in economic mobility, job creation, and the health of the middle-class, but bank lending to small businesses has failed to recover from the 2008 recession. According to FDIC data[1], while bank commercial loans of $1 million or more have raised by 47% from 2007 to 2014, loans of $100,000 or less have actually fallen by 9%. According to Opportunity Fund, minority communities and women entrepreneurs are particularly underserved, exacerbating disparities in wealth and opportunity.
LendingClub Corporation operates as an online marketplace for connecting borrowers and investors in the United States. Its marketplace facilitates various types of loan products for consumers and small businesses, counting unsecured personal loans, super prime consumer loans, unsecured education and patient finance loans, and unsecured small business loans.
Xilinx, Inc. (NASDAQ:XLNX), ended its Monday’s trading session with -0.73% loss, and closed at $46.31.
Xilinx, Inc. (XLNX) will be demonstrating its ‘Any Media over Any Network’ solutions optimized for the Pro A/V industry at InfoComm 2015. Xilinx will showcase its All Programmable IP for video processing, video connectivity and Codecs that support 4K and beyond at InfoComm 2015, June 17-19, at the Orlando Convention Center.
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.
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