On Wednesday, Shares of SunEdison, Inc. (NYSE:SUNE), gained 3.19% to $28.49.
SunEdison, declared the pricing of its offering of $375 million aggregate principal amount of 2.625% convertible senior notes due 2023 and $375 million aggregate principal amount of 3.375% convertible senior notes due 2025 in a private placement. The notes will be offered by the initial purchasers only to qualified institutional buyers following Rule 144A of the Securities Act of 1933, as amended. The offering is predictable to close on May 20, 2015, subject to customary closing conditions. The Company has also granted the initial purchasers a 30-day option to purchase up to an additional $75 million aggregate principal amount of the 2023 notes and up to an additional $75 million aggregate principal amount of the 2025 notes, on the same terms and conditions.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials. The Solar Energy segment provides solar energy services that integrate the design, installation, financing, monitoring, operations, and maintenance portions of the downstream solar market. It also manufactures polysilicon, silicon wafers, and solar modules.
Shares of ONEOK Partners, L.P. (NYSE:OKS), inclined 4.97% to $39.91, during its last trading session.
ONEOK Partners, declared first-quarter 2015 net income attributable to ONEOK of $60.8 million, or 29 cents per diluted share.
First-quarter 2014 net income attributable to ONEOK was $93.5 million, or 45 cents per diluted share, which comprises income from suspended operations of $1.8 million, or 1 cent per diluted share.
Income from ongoing operations attributable to ONEOK was $60.9 million in the first quarter 2015, contrast with $91.7 million in the first quarter 2014.
Distributions declared from ONEOK’s general and limited partner interests in ONEOK Partners (OKS) were $169.1 million in the first quarter 2015, a 16 percent enhance contrast with the first quarter 2014.
ONEOK Partners, L.P. engages in the gathering, processing, storage, and transportation of natural gas in the United States. It operates in three segments: Natural Gas Gathering and Processing; Natural Gas Liquids; and Natural Gas Pipelines.
At the end of Wednesday’s trade, Shares of The Bank of New York Mellon Corporation (NYSE:BK), gained 0.21% to $43.27.
In a new white paper, The Bank of New York Mellon Corporation, global leader in investment administration and investment services, explores what might happen if four of the world’s largest economies all stopped floundering and started flourishing at the same time. Although the world seems resigned to an era of subdued growth, four giant economies – Japan, America, China and India – are in the midst of recovery, reform, or both.
Under Shinzo Abe, Japan now has its most stable government in almost a decade and a central bank that has twice surprised the markets with its determination to defeat deflation. In America unemployment has dropped surprisingly quickly as firms have added jobs at the fastest pace since the dot-com boom. China’s President, Xi Jinping, has merged power faster than his predecessor with his anti-corruption campaign and staked his personal authority on economic reform. And in India’s 2014 election, Narendra Modi won the first single-party majority in thirty years, promising to restore the country’s economic momentum.
The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Administration and Investment Services.
Finally, Texas Instruments Inc. (NASDAQ:TXN), ended its last trade with 0.97% gain, and closed at $54.69.
Texas Instruments Incorporated, declared DesignDRIVE — a single hardware and software platform that makes it easier for engineers to develop and evaluate solutions for many industrial drive and servo topologies. The DesignDRIVE kit and example software offer an easy path to start exploring a wide variety of motor types, sensing technologies, encoder standards and communications networks, in addition to easy expansion to develop with real-time Ethernet communications and functional safety topologies, enabling more comprehensive, integrated system solutions. Based on the real-time control architecture of TI’s C2000™ microcontrollers (MCUs), DesignDRIVE is ideal for the development of industrial inverter and servo drives used in robotics, computer numerical control machinery (CNC), elevators, materials conveyance and other industrial manufacturing applications.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.
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