On Monday, SM Energy Co (NYSE:SM)’s shares declined -3.29% to $50.60.
SM Energy Co (SM) declares that it has closed the sale of its formerly declared divestiture of Arkoma Basin properties. The Company received net proceeds of about $270 million, subject to post-closing adjustments, which the Company anticipates to be accomplished within 120 days. The effective date of the divestiture was March 1, 2015. The Company anticipates the formerly declared pending separate divestiture of its assets in the ArkLaTex area to close by the end of the second quarter of 2015. As formerly declared, lenders under the Company’s credit agreement have agreed not to reduce the Company’s $2.4 billion borrowing base due to these divestitures.
RBC Richardson Barr served as an advisor to SM Energy in these transactions.
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken/Three Forks formations in the North Dakota portion of the Williston Basin; Permian region covering western Texas and southeastern New Mexico; and Mid-Continent region, which manages Haynesville and Woodford shale assets.
Gannett Co., Inc. (NYSE:GCI)’s shares gained 1.34% to $36.27.
Gannett Co., Inc. (GCI) declared that it has accomplished the acquisition of the remaining 59.36% interest in the Texas-New Mexico Newspapers Partnership that it did not own from Digital First Media. The deal was accomplished through the assignment of Gannett’s 19.49% interest in the California Newspapers Partnership and additional cash consideration. As a result, Gannett will own 100% of the Texas-New Mexico Newspapers Partnership and will no longer have any ownership interest in California Newspapers Partnership.
The news organizations attained and the three states in which they reside comprise:
- Texas — El Paso Times;
- New Mexico — Alamogordo Daily News; Carlsbad Current-Argus; The Daily Times in Farmington; Deming Headlight; Las Cruces Sun-News; Silver City Sun-News;
- Pennsylvania- Chambersburg Public Opinion; Hanover Evening Sun; Lebanon Daily News; and the York Daily Record.
Gannett Co., Inc. operates as a media and marketing solutions company. It operates through three segments: Broadcasting, Publishing, and Digital. The Broadcasting segment owns and operates 46 television stations that produce local programming, such as news, sports, and entertainment; and associated online sites.
At the end of Monday’s trade, Carnival Corp (NYSE:CCL)‘s shares surged 0.97% to $46.78.
Carnival Corp (CCL) Cruise Line’s motto of Fun For All, All For Fun, the new Carnival Vista will offer family members of all ages the ultimate vacation experience, debuting a variety of amazing, one-of-a-kind on-board features when it enters service next spring.
From a unique suspended cycling experience called SkyRide and the innovative Family Harbor staterooms and suites featuring a “family concierge” to cruising’s first IMAX Theater, Carnival Vista promises fun for the whole family.
Spectacular Outdoor Spaces
Carnival Vista will take cruising to new heights – literally – with SkyRide, a first-of-its-kind aerial attraction. Here, adventure seekers pedal hanging recumbent-like cycles at speeds of up to 18 miles an hour across an elevated 800-foot-long track, while enjoying panoramic views to the sea 150 feet below. There will be no charge for Sky Ride .
Adjacent to SkyRide is SportSquare, a fun-tastic all-ages open-air recreation area with a 270-foot-long suspended ropes course, a two-level miniature golf course, a 700-foot-long jogging track, a variety of outdoor fitness equipment, and the new Clubhouse, a modern indoor sports hangout with mini-bowling, ping-pong, sports-themed video games, arcade-style sports games and more.
Carnival Corporation operates as a cruise company worldwide. It provides vacations to various cruise destinations. The company offers cruise services under the Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn brand names in North America; and AIDA Cruises, Costa Cruises, Cunard, and P&O Cruises names in Europe, Australia, and Asia. It operates 100 cruise ships.
Ascena Retail Group Inc (NASDAQ:ASNA), ended its Monday’s trading session with -0.74% loss, and closed at $14.67.
Ascena Retail Group Inc (ASNA) declared the grand opening of its newest location in Miami. The new retail store brings amazing spring styles, exclusive designer collaborations and smart style solutions to community shoppers, who can also consult expert associates for personalized wardrobe advice. To celebrate, the store located at Fontainbleau Square is offering customers a free gift with every purchase (while supplies last).
dressbarn, known for its exceptional customer experience, offers versatile, on-trend pieces in sizes 4-24 so that women can get their style fix while staying on budget. dressbarn’s style ambassadors have a wealth of product knowledge and great ideas on how to pull looks together. Plus, in honor of the grand opening, shoppers at the Miami dressbarn will receive a complimentary tote bag with their purchase (while supplies last).
Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of apparel for women, and tween girls and boys. It operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines segments. The company offers apparel, accessories, footwear, intimates, wear-to-work, and casual sportswear; and lifestyle products, such as bedroom furnishings and electronics, in addition to social occasion apparel, career wear, dressy apparel, and active wear.
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