Sunday 31 January 2016
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Pre-Market Stocks Highlights: Magnum Hunter Resources (NYSE:MHR), Cobalt International Energy,(NYSE:CIE), Citrix Systems,(NASDAQ:CTXS), HCA Holdings (NYSE:HCA)

On Friday, Magnum Hunter Resources Corp (NYSE:MHR)’s shares inclined 1.9% to $1.00.

Magnum Hunter Resources Corporation ( MHR) declared that it has received and accepted a firm commitment (the “Commitment”) from Bank of Montreal, which is the administrative agent and lead lender under the Company’s senior secured revolving credit facility (the “Facility”), to (i) consent to certain amendments and waivers with respect to the Facility (the “Amendments”) and (ii) assume the interests under the Facility of each other current member of the Facility’s lending syndicate that may not choose to consent to the Amendments contemplated by the new Commitment.

Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The company operates through the U.S. Upstream, Midstream, and Oilfield Services segments.

Cobalt International Energy, Inc. (NYSE:CIE)’s shares dropped -2.25% to $8.26.

Cobalt International Energy, Inc. (CIE) declared a net loss of $66.8 million, or $0.16 per basic and diluted share for the second quarter of 2015, contrast to a net loss of $94.8 million, or $0.23 per basic and diluted share, for the second quarter of 2014. The current quarter comprised of $4.4 million of impairment charges for the formerly declared abandonment of the North Platte #2 appraisal well.

Capital and operating expenditures (not taking into account changes in working capital) for the quarter ending June 30, 2015 were about $205 million, in line with Cobalt’s planned capital and operating expenditures of about $800-900 million in 2015. Cash, cash equivalents, investments, and undrawn amounts under the Heidelberg Facility Agreement at the end of the second quarter were about $1.9 billion. This comprises about $82 million held for future operations in collateralizing letters of credit.

Cobalt International Energy, Inc., through its auxiliaries, engages in the exploration and production of oil-focused, below-salt exploration prospects. Its project portfolio comprises North Platte, Heidelberg, Shenandoah, and Anchor discovery in the U.S. Gulf of Mexico; Cameia, Lontra, Mavinga, Bicuar, and Orca in the offshore Angola; and Diaman in the offshore Gabon.

At the end of Friday’s trade, Citrix Systems, Inc.(NASDAQ:CTXS)‘s shares surged 0.98% to $77.55.

Citrix recently declared that Gartner, Inc. has positioned Citrix in the leaders’ quadrant of the 2015 Magic Quadrant for Enterprise File Synchronization and Sharing (EFSS) report1 for the second year in a row for its EFSS ShareFile® product solution. ShareFile’s integration with other products in the Citrix portfolio, provides flexibility and security via Restricted StorageZones, in addition to extensive support for back-end integration which enables a hybrid EFSS architecture.

According to Gartner, “leaders provide mature offerings that meet market demand. They have demonstrated the vision necessary to sustain their market positions as requirements evolve. The hallmark of Leaders is that they focus and invest in their offerings to lead the market and affect its overall direction. Leaders can be the vendors to watch as you try to understand how new offerings might evolve. Leaders typically possess a significant, satisfied customer base and enjoy high visibility in the market. Their size and maturity enable them to remain viable under changing market conditions. Leaders typically respond to a wide market audience by supporting broad market requirements. However, they may fail to meet the specific needs of vertical markets or other more specialized segments.”

Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data; XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; Citrix XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients; and Citrix Operatespace Suite, a business mobility solution that delivers the user experience for any app or desktop.

HCA Holdings Inc (NYSE:HCA), ended its Friday’s trading session with 0.65% gain, and closed at $91.40.

HCA (HCA) presented the 2014 HCA Awards of Distinction to five recipients at a ceremony in Nashville.

The HCA Awards of Distinction comprise the Frist Humanitarian Awards, which annually honor an employee, physician and volunteer, each of whom embody HCA co-founder Dr. Thomas Frist Sr.’s volunteer spirit and compassion. The HCA Awards of Distinction also comprise the HCA Excellence in Nursing Awards, a new honor that celebrates HCA nurses who promote professional mentorship and compassionate care.

HCA Holdings, Inc., through its auxiliaries, provides health care services in the United States. It operates general, acute care hospitals that offer medical and surgical services, counting inpatient care, intensive care, cardiac care, diagnostic, and emergency services; and outpatient services, such as outpatient surgery, laboratory, radiology, respiratory therapy, cardiology, and physical therapy services.


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