On Monday, Microsoft Corporation (NASDAQ:MSFT)’s shares inclined 1.29% to $54.83. The market capitalization of Microsoft Corporation (NASDAQ:MSFT) is $432.39 billion with the total traded volume of the company is 37.25 million. Turning to market valuation, the Price-to-Earnings ratio is 36.80, the Price-to-Sales ratio is 4.83 and the Price-to-Book ratio is finally -5.66. The dividend yield amounts to 2.63 percent and the beta ratio has a value of 0.98.
Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system. Its Computing and Gaming Hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories.
Halcon Resources Corp (NYSE:HK)’s shares gained 0.04% to $0.270.
Halcón Resources Corporation (HK) declared the expiration and final results of its formerly declared exchange offer to certain eligible holders of its outstanding unsecured debt securities listed in the table below (the “Existing Notes”) for up to $150 million of a new issue of 12.0% Second Lien Senior Secured Notes due 2022 (the “New Notes”).
Floyd C. Wilson, Chairman and Chief Executive Officer, commented, “Once this exchange offer closes, and as a result of the steps we have taken this year to improve our balance sheet, we will have reduced our long-term debt by more than $1 billion and lowered our annual cash interest expense by more than $50 million. We plan to continue being proactive in our approach to strengthening the balance sheet by exploring additional ways to improve our leverage profile while at the same time ensuring we have adequate liquidity in this challenging environment.”
Reverse Stock Split Effective Date Change
The New York Stock Exchange has informed the Company that its rules allow the effective time of the formerly declared reverse stock split for trading purposes can be as early as the market opening on Monday, December 28, 2015, which is a week earlier than originally planned. As such, the one-for-five (1:5) reverse split of Halcón’s issued and outstanding common stock will be effective after the market closes on December 24, 2015 and the Company’s common stock will start trading on a split-adjusted basis when the market opens on December 28, 2015.
Halcón Resources Corporation, an independent energy company, is engaged in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States.
Nuance Communications Inc. (NASDAQ:NUAN)‘s shares dipped -0.88% to $20.18. Nuance Communications Inc. (NASDAQ:NUAN) is now worth about $6.33 billion. The share price has made a -0.1% loss in the past 5 days and has gained 41.42% since 2015 kicked off. Analysts are forecasting EPS growth of -0.36% for next fiscal year and 20.00% growth in the next 5 years. The stock trades with a beta of 0.93. The stock price is above by 18.37% as contrast to the average price over the last 200 days. The company has 57.00% gross margins.
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers worldwide. It operates through four segments: Healthcare, Mobile and Consumer, Enterprise, and Imaging.
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