On Monday, NQ Mobile Inc (ADR) (NYSE:NQ)’s shares declined -2.91% to $3.67.
NQ Mobile Inc (ADR) (NQ) declared that Mr. Omar Khan, current Co-Chief Executive Officer of NQ Mobile, has decided to transition to an advisory role and step down in his capacity as Co-CEO and Director of the Company, effective as of May 1, 2015. At the same time, Mr. Khan will also resign from his position as the Chief Executive Officer of NQ Mobile US, Inc., a direct wholly owned partner of the Company, and from his other roles within the Company. To assist with a smooth transition, Mr. Khan will remain with the Company as an advisor through December 31, 2015.
NQ Mobile Inc. provides mobile Internet services in the People’s Republic of China and internationally. The company provides products and services in the areas of mobile security, privacy, productivity, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise.
Windstream Holdings, Inc. (NASDAQ:WIN)’s shares dropped -2.90% to $8.36.
Windstream Holdings, Inc. (WIN) declared the appointment of Jeffery Howe as Executive Vice President of Enterprise Sales. Howe succeeds John Leach who is leaving the company to pursue other career opportunities. The change was effective May 5.
Jeff, who joined Windstream in 2007, most recently served as president of the East Region and Central Sales Regions. He also was responsible for the company’s overall channel strategy, national accounts in addition to federal government sales and support.
Proceeding to joining Windstream, Jeff held leadership roles at One Communications, Veramark Technologies, Level 3 and Motorola. He holds a degree in business administration from the University of Wisconsin at Eau Clair.
Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets.
At the end of Monday’s trade, Penn West Petroleum Ltd (USA) (NYSE:PWE)‘s shares dipped -2.83% to $2.06.
Penn West Petroleum Ltd (USA) (PWE) declare that it has successfully closed its formerly declared sale of royalty production and mineral title lands for an aggregate cash consideration of about $318 million, after minor closing adjustments. Proceeds from this transaction will be used to reduce the Company’s senior debt.
Penn West Petroleum Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The company’s properties are located in Alberta, British Columbia, Saskatchewan, Manitoba, and the Northwest Territories, Canada; and Wyoming, the United States.
Rowan Companies PLC (NYSE:RDC), ended its Monday’s trading session with -2.79% loss, and closed at $22.64.
Rowan Companies PLC (RDC) declared that its Board of Directors has declared a quarterly cash dividend of $0.10 per Class A Ordinary Share payable on May 26, 2015 to the shareholders of record at the close of business on May 12, 2015.
Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships.
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