On Monday, Valeant Pharmaceuticals International, Inc. (NYSE:VRX)’s shares surged 0.94% to $209.46, hitting its highest level, as Valeant Pharmaceuticals declared that it will host a conference call and a live Internet webcast together with a slide presentation on Wednesday, April 29, 2015 at 8:00 a.m. ET (5:00 a.m. PT) to talk about results for the 2015 first quarter.
Valeant Pharmaceuticals International, Inc. develops, manufactures, and markets pharmaceuticals, over-the-counter products, and medical devices worldwide. The company offers Solodyn to treat red and pus-filled pimples of acne in patients, in addition to Ziana, Acanya, Atralin, Retin- A Micro, and ONEXTON gel; Wellbutrin XL for major depressive disorder in adults; Jublia for onychomycosis of the toenails; Xenazine for chorea; Targretin for Cutaneous T-Cell Lymphoma; Arestin, a subgingival sustained-release antibiotic; and PROVENGE for the treatment of prostate cancer.
News Corporation (NASDAQ:NWSA)’s shares gained 0.94% to $16.07, during the last trading session on Monday, as a media and information services company, will release its third quarter Fiscal 2015 results on Tuesday, May 5, 2015. News Corp Chief Executive Robert Thomson and Chief Financial Officer Bedi A. Singh will host a call with analysts and media to talk about the results at 4:30 p.m. EDT (Sydney: Wednesday, May 6, at 6:30 a.m. AEST). Reporters are invited to join the call on a listen-only basis.
News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. The company operates through News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Digital Education segments.
At the end of Monday’s trade, Barclays PLC (NYSE:BCS)’s shares gained 0.92% to $15.28, as Barclays and OFI Global Asset administration declared changes to the Barclays OFI SteelPath Midstream MLP Index.
Formerly on April 2, Barclays Bank PLC declared recently that following the close of business on Friday, April 9, 2015, the following two index constituents will be added to the Atlantic Trust Select MLP Index:
- MPLX LP (MPLX);
- Phillips 66 Partners LP (PSXP).
The Barclays ETN+ Select MLP ETNs are linked to the performance of the Volume-Weighted Average Price (“VWAP”) of the Index. The ETNs were listed on the NYSE Arca stock exchange in March 2013 under the ticker symbol ATMP. An investment in the ETNs involves noteworthy risks, counting possible loss of principal, and may not be suitable for all investors. The ETNs are riskier than ordinary unsecured debt securities and have no principal protection. The ETNs are speculative and may exhibit high volatility. The ETNs are also subject to certain investor fees, which will have a negative effect on the value of the ETNs. You are not guaranteed to receive coupon payments on the ETNs. You will receive a coupon payment on a coupon payment date only to the extent that the accrued dividend exceeds the accrued investor fee on the relevant coupon valuation date.
In accordance with the Index methodology as described in the prospectus regarding the ETNs, the Index is rebalanced quarterly. The 29 index constituents will be rebalanced on a capped, float-adjusted, capitalization-weighted basis across four index business days starting on Friday, April 9, 2015. Constituent additions to and deletions from the Index do not reflect an opinion by Barclays Bank PLC on the investment merits of the respective securities.
Barclays PLC, through its auxiliaries, provides various financial products and services worldwide. It offers personal and corporate banking, mortgage, and wealth and investment administration services to individuals and businesses; consumer payments products and services to consumers and merchants; and retail and business banking, corporate and investment banking, and wealth administration and insurance services.
Finally, Matador Resources Company (NYSE:MTDR), ended its Monday’s trading session with 0.92% gain, and closed at $27.50, after an independent energy company, declared that it has priced a private offering of $400 million of 6.875% senior unsecured notes due 2023. The notes will be issued at par. Matador raised the size of the offering from the formerly declared $350 million to $400 million. The offering was predictable to close on April 14, 2015, subject to customary closing conditions.
Matador intends to use the net proceeds from the offering primarily to repay a portion of the outstanding borrowings under its revolving credit facility and the debt assumed in connection with the merger of Harvey E. Yates Company with and into Matador’s wholly-owned partner, to fund a portion of its future capital expenditures and for other general working capital needs.
Matador Resources Company, an independent energy company, engages in the exploration, development, production, and attainment of oil and natural gas resources in the United States. The company primarily holds interests in the Eagle Ford shale play in South Texas; the Wolfcamp and Bone Spring plays in the Permian Basin in Southeast New Mexico and West Texas; and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas.
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