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Home » Business & Finance » Update On Bottom Decliners Of Tuesday Stocks: Western Digital, (WDC), VimpelCom, (VIP), UBS Group, (UBS), Compañía de Minas Buenaventura, (BVN)

Update On Bottom Decliners Of Tuesday Stocks: Western Digital, (WDC), VimpelCom, (VIP), UBS Group, (UBS), Compañía de Minas Buenaventura, (BVN)

April 1, 2015 11:48 am by: Category: Business & Finance Leave a comment A+ / A-

On Tuesday, Following Stocks were among the “Top Losers” of U.S. Stock Market: Western Digital, (NASDAQ:WDC), VimpelCom, (NASDAQ:VIP), UBS Group, (NYSE:UBS), Compañía de Minas Buenaventura, (NYSE:BVN)

Western Digital, (NASDAQ:WDC), with shares declined -2.07%, closed at $91.01.

VimpelCom, (NASDAQ:VIP), with shares dropped -2.06%, settled at $5.24.

UBS Group, (NYSE:UBS), with shares dipped -2.04%, and closed at $18.77.

Compañía de Minas Buenaventura, (NYSE:BVN), plummeted -2.03%, and closed at $10.13.

Latest NEWS regarding these Stocks are depicted underneath:

Western Digital Corporation (NASDAQ:WDC)

Western Digital Corporation (WDC), introduced the My Passport® X portable hard drive for gamers. When connected to Xbox One™ or a PC, the sleek 2 TB My Passport X drive provides much-needed storage capacity for gamers to store up to 50 extra game titles, eliminating the need to delete formerly purchased games from their Xbox One or PC hard drives and removing those “storage full” warning messages while allowing players to get back to their games. In addition to added storage, gamers can use My Passport X to take saved games to use on friends’ systems without having to download.

The power of the USB 3.0 lets users access and save files on the My Passport X portable hard drive in blazing-fast speed without a separate power supply. The My Passport X portable drive’s stylish and compact design is also built for durability and shock tolerance, in addition to long-term reliability for peace of mind. In addition, the drive offers gamers no-sweat set-up – they just plug it in, follow the easy on-screen instructions and enjoy expanded storage for backing up, protecting and storing games and content in just minutes.

Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content.

VimpelCom Ltd. (NASDAQ:VIP)

VimpelCom Ltd. (VIP), declared tender offer results on Tuesday.

Further to the declaration of the Offer on 2 March 2015 and the declaration of the early tender results and clearing prices for the Fourth Priority Notes on 16 March 2015, The Corporation hereby informs Noteholders that, as at the Expiration Time (being 4.00 pm London time (11.00 a.m. New York time) on 30 March 2015), the aggregate principal amount of each Series of Notes validly tendered and accepted for purchase by the Corporation is set out in the sixth column of the table below under the heading “Aggregate Principal Amount Accepted for Purchase”, representing U.S.$1,837,572,000 of principal amount of the Notes. The consideration payable (counting any Early Tender Payment (as defined in the Offer to Purchase) but not including Accrued Interest by the Corporation in respect of the Notes validly tendered and accepted for purchase, is set out in the eighth column of the table below under the heading “Consideration payable”, and amounts to U.S.$1,850,737,740 in aggregate. Accrued Interest payable in respect of Notes validly tendered and accepted for purchase is set out in the ninth column of the table below under the heading “Accrued Interest”, and amounts to U.S.$38,819,938.80 in aggregate. All Notes validly tendered in the Offer have been accepted in full and there will be no pro-ration.

VimpelCom Ltd. provides telecommunications services in Italy, Russia, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Armenia, Georgia, Kyrgyzstan, Laos, Algeria, Bangladesh, and Pakistan.

UBS Group AG (NYSE:UBS)

Today, UBS Group AG (UBS), published agenda for the first Annual General Meeting of UBS Group AG. Shareholders at this year’s UBS Group AG Annual General Meeting (AGM) in Basel will for the first time be able to decide on compensation for members of the Board of Directors (BoD) and Group Executive Board (GEB). In addition, Helmut Panke will step down from the BoD. Jes Staley will be nominated for election to the BoD.

Helmut Panke will be leaving the BoD at this year’s AGM due to regulatory provisions regarding the term of office. He has been a member of the UBS BoD since 2004 and a member of both the Human Resources and Compensation Committee (HRCC) and the Risk Committee since 2008. The BoD would like to thank him for his valuable contribution. As formerly declared, the BoD intends to nominate Jes Staley as a new member of the BoD for a one-year term. If elected, he will also stand for election to the HRCC, as is the case for all other members of this committee. In addition it is predictable that he will be nominated as a member of the Risk Committee.

Chairman Axel Weber and the other members of the BoD will stand for re-election for a further one-year term.

Agenda for the Annual General Meeting of UBS Group AG:

  1. Annual report, UBS Group AG merged and standalone financial statements for the financial year 2014,

1.1. Approval of annual report and UBS Group AG merged and standalone financial statements

1.2. Advisory vote on the UBS Group AG Compensation Report 2014

  1. Appropriation of results and distribution of dividend

2.1. Appropriation of results and distribution of ordinary dividend out of capital contribution reserve

2.2. Supplementary distribution of a dividend out of capital contribution reserve upon the completion of the attainment of all shares in UBS AG

 

  1. Discharge of the members of the Board of Directors and the Group Executive Board for the financial year 2014
  2. Approval of the aggregate amount of variable compensation for the members of the Group Executive Board for the financial year 2014
  3. Approval of the maximum aggregate amount of fixed compensation for the members of the Group Executive Board for the financial year 2016
  4. Elections

6.1. Re-election of members of the Board of Directors

6.1.1. Axel A. Weber as Chairman of the Board of Directors

6.1.2. Michel Demaré

6.1.3. David Sidwell

6.1.4. Reto Francioni

6.1.5. Ann F. Godbehere

6.1.6. Axel P. Lehmann

6.1.7. William G. Parrett

6.1.8. Isabelle Romy

6.1.9. Beatrice Weder di Mauro

6.1.10. Joseph Yam

6.2. Election of a new member to the Board of Directors: Jes Staley

6.3. Election of members of the Human Resources and Compensation Committee

6.3.1. Ann F. Godbehere

6.3.2. Michel Demaré

6.3.3. Reto Francioni

6.3.4. Jes Staley

  1. Approval of the maximum aggregate amount of compensation for the members of the Board of Directors from the 2015 Annual General Meeting to the 2016 Annual General Meeting
  2. Re-elections

8.1. Re-election of the independent proxy, ADB Altorfer Duss & Beilstein AG, Zurich

8.2. Re-election of the auditors, Ernst & Young Ltd, Basel

8.3. Re-election of the special auditors, BDO AG, Zurich

The UBS Group AG AGM will take place at the Messe Basel on 7 May 2015 at 14.00.

UBS Group AG, together with its auxiliaries, provides wealth administration, retail and corporate, asset administration, and investment banking products and services worldwide. The corporation’s Wealth Administration division provides financial services to wealthy private clients.

Compañía de Minas Buenaventura S.A.A. (NYSE:BVN)

Compañía de Minas Buenaventura S.A.A. (BVN), declared the resolutions of the Corporation’s Annual General Shareholders’ Meeting held March 27, 2015. The following resolutions were passed:

  1. Approval of the 2014 Annual Report.
  2. Approval of the Financial Statements as of December 31, 2014.
  3. Appointment of Ernst and Young (Paredes, Zaldivar, Burga y Asociados) as External Auditors for fiscal year 2015.
  4. Approval of a financing operation up to US$ 500 million, counting but not limited to the placement and issuance of obligations; and, in the case of the issuance of obligations, the delegation of power to the Board for the approval of all of the contracts deemed necessary or convenient to determine or approve each and every one of the terms, characteristics and conditions of the Corporation’s financing activities.

Compañía de Minas Buenaventura S.A.A., a precious metals corporation, is engaged in the exploration, mining, and processing of gold and silver. It also explores for other metals, counting lead, zinc, and copper.

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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.

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Update On Bottom Decliners Of Tuesday Stocks: Western Digital, (WDC), VimpelCom, (VIP), UBS Group, (UBS), Compañía de Minas Buenaventura, (BVN) Reviewed by on . On Tuesday, Following Stocks were among the "Top Losers" of U.S. Stock Market: Western Digital, (NASDAQ:WDC), VimpelCom, (NASDAQ:VIP), UBS Group, (NYSE:UBS), Co On Tuesday, Following Stocks were among the "Top Losers" of U.S. Stock Market: Western Digital, (NASDAQ:WDC), VimpelCom, (NASDAQ:VIP), UBS Group, (NYSE:UBS), Co Rating: 0

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