Search
Monday 3 August 2015
  • :
  • :

Pre-Market Stocks Roundup: Popular (NASDAQ:BPOP), Assured Guaranty (NYSE:AGO), Reynolds American, (NYSE:RAI), Herbalife (NYSE:HLF)

On Tuesday, Popular Inc (NASDAQ:BPOP)’s shares declined -1.86% to $28.51.

Popular Inc (BPOP) declared that it anticipates to report its financial results for the second quarter ending June 30, 2015 before the market opens on Friday, July 24, 2015.

Popular will hold a conference call to talk about the financial results the same day at 10:00 a.m. Eastern Time. The call will be broadcast live over the Internet and can be accessed through the investor relations section of the Corporation’s website: www.popular.com.

Popular, Inc., through its auxiliaries, provides various retail and commercial banking products and services primarily to institutional and retail customers. The company accepts various deposit products. It also offers commercial and industrial loans; commercial real estate loans; construction loans; lease financing comprising automobile loans/leases; residential mortgage and construction loans; and consumer loans, counting personal loans, credit cards, home equity lines of credit, and other loans to individual borrowers.

Assured Guaranty Ltd. (NYSE:AGO)’s shares gained 2.42% to $24.51.

Assured Guaranty Ltd. (AGO) and its operating auxiliaries (collectively, Assured Guaranty), Standard & Poor’s Ratings Services (S&P) affirmed the AA Stable Outlook financial strength ratings of U.S. bond insurers Assured Guaranty Municipal Corp. (AGM), Municipal Assurance Corp. (MAC) and Assured Guaranty Corp. (AGC); European financial guarantor Assured Guaranty (Europe) Ltd. (AGE); and reinsurer Assured Guaranty Re Ltd. (AG Re). The AA rating is the highest S&P presently assigns to any financial guarantor.

In the report, S&P noted Assured Guaranty’s:

  • Very strong capital adequacy
  • Strong competitive position, built on a proven track record of credit discipline and market leadership
  • Strong operating performance as a result, in part, of the long-term earnings power of the U.S. public finance business
  • Strong liquidity, with conservative investment strategy
  • Strong, well-diversified underwriting strategy, with a global footprint and low country risk
  • Strong enterprise risk administration
  • Strong understanding of the various risks the company faces by an practiced administration team

Assured Guaranty Ltd., through its auxiliaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in planned payments. The company insures various debt obligations, counting bonds issued by the United States state or municipal governmental authorities; notes issued to finance infrastructure projects; and asset-backed securities issued by special purpose entities.

At the end of Tuesday’s trade, Reynolds American, Inc. (NYSE:RAI)‘s shares surged 2.09% to $76.76.

Reynolds American, Inc. (RAI) has issued the following release: “R.J. Reynolds Tobacco Company (as successor issuer to Lorillard Tobacco Company) to withdraw 8.125% Senior Notes due 2019 from listing on the NYSE.

RAI’s website, www.reynoldsamerican.com, is the primary source of publicly revealed news about RAI and its operating companies. We use the website as our primary means of distributing quarterly earnings and other company news. We encourage investors and others to register at http://www.reynoldsamerican.com/events.cfm to receive alerts when news about the company has been posted.

R.J. Reynolds Tobacco Company, an indirect partner of Reynolds American Inc. (RAI), is the second-largest tobacco company in the United States. To learn more about how Reynolds American and its operating companies are transforming the tobacco industry, visit TransformingTobacco.com.

Reynolds American Inc., through its auxiliaries, manufactures and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, American Snuff, and Santa Fe segments. The RJR Tobacco segment offers cigarettes under the brand names of CAMEL, PALL MALL, WINSTON, KOOL, DORAL, SALEM, MISTY, and CAPRI; and CAMEL Snus, a smoke-free tobacco product, in addition to manages various licensed brands, counting DUNHILL and STATE EXPRESS 555. The American Snuff segment provides smokeless tobacco products, such as moist snuff under GRIZZLY and KODIAK brand names.

Herbalife Ltd. (NYSE:HLF), ended its Tuesday’s trading session with -1.94% loss, and closed at $52.54.

Global nutrition company, Herbalife Ltd. (HLF), declared that it will release its financial results for the second quarter, ended June 30, 2015, after the close of trading on the NYSE on Wednesday, August 5, 2015. The same day, at 5:30 p.m. ET (2:30 p.m. PT), Herbalife’s senior administration team will host an investor conference call to talk about Herbalife’s recent financial results and provide an update on current business trends.

Herbalife Ltd., a nutrition company, develops and sells weight administration, healthy meals and snacks, sports and fitness, energy and targeted nutritional products, and personal care products. The company offers science-based products in four principal categories, counting weight administration; targeted nutrition; energy, sports, and fitness; and outer nutrition. The weight administration product portfolio comprises meal replacement, protein shakes, drink mixes, weight loss enhancers, and healthy snacks. The targeted nutrition products comprise dietary and nutritional supplements containing herbs, vitamins, minerals, and other natural ingredients.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *