On Tuesday, WEC Energy Group Inc (NYSE:WEC)’s shares declined -1.18% to $52.13.
Integrys Holding, Inc., successor by merger to Integrys Energy Group, Inc. and wholly owned subsidiary of WEC Energy Group, Inc., announced today that it has notified the New York Stock Exchange (NYSE) of its intention to voluntarily delist its 6.00% Junior Subordinated Notes due 2073 (Notes) from the NYSE. Following the delisting, Integrys intends to deregister the Notes from registration with the U.S. Securities and Exchange Commission.
On June 29, 2015, Integrys became the successor obligor under the Notes as a result of its merger with Integrys Energy Group, Inc., the original issuer of the Notes. In connection with the acquisition, the common stock of Integrys Energy Group was delisted from the NYSE, and as a result the Notes are the only securities of Integrys presently listed on the NYSE. Taking into account the small number of holders and low trading volume of the Notes, Integrys determined to delist the Notes because the administrative costs and burdens associated with maintaining the listing exceed the benefits.
On June 29, 2015, Integrys became the successor obligor under the Notes as a result of its merger with Integrys Energy Group, Inc., the original issuer of the Notes. In connection with the acquisition, the common stock of Integrys Energy Group was delisted from the NYSE, and as a result the Notes are the only securities of Integrys presently listed on the NYSE. Taking into account the small number of holders and low trading volume of the Notes, Integrys determined to delist the Notes because the administrative costs and burdens associated with maintaining the listing exceed the benefits.
After the delisting, holders of the Notes will continue to deal with and receive their interest payments through the trustee, U.S. Bank National Association. Integrys has not arranged for the listing and/or registration of the Notes on another national securities exchange or quotation system.
WEC Energy Group, Inc., through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.
Dynegy Inc. (NYSE:DYN)’s shares dropped -0.09% to $23.01.
Dynegy Inc. (DYN) declared that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on November 2, 2015 to stockholders of record of the Mandatory Convertible Preferred Stock on October 15, 2015. The dividend is for the dividend period startning on August 1, 2015 and ending on October 31, 2015.
Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas.
At the end of Tuesday’s trade, Manulife Financial Corporation (USA) (NYSE:MFC)‘s shares surged 1.25% to $16.14.
The John Hancock Investor Sentiment Index® fell in the third quarter of 2015 to a level not seen in a year, after reaching its highest point since inception in the second quarter of this year. Worries about a possible Fed hike in interest rates and China’s devaluation of its currency coincided with investors’ responding to the survey, assisting drive down their optimism regarding stocks, bonds and balanced mutual funds contrast to the previous three quarters.
The John Hancock Investor Sentiment Index score is now at +23. Confidence in investing in stocks declined to 51 percent from 60 percent in Q2 of 2015, in balanced mutual funds to 53 percent from 63 percent, and in bonds to 19 percent from 25 percent. However, investors remain positive about owning their own homes (70 percent) and also are positive on real estate investments (56 percent).
The John Hancock Investor Sentiment Index reflects the percentage of investors who say they believe it is a “good” or “very good” time to invest, minus those who feel the opposite. The second quarter 2015 survey was conducted during the middle two weeks of August.
John Hancock Financial is a division of Manulife.
Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States.
Sequenom, Inc. (NASDAQ:SQNM), ended its Tuesday’s trading session with -0.52% decreased, and closed at $1.93.
Sequenom, Inc. (SQNM), a life sciences company committed to enabling healthier lives through the development of innovative products and services, declared that it has reached a clinical partnership with Seoul National University Hospital (SNUH). SNUH and Sequenom will collaborate to profile circulating cell-free tumor DNA in blood in a series of research studies targeting several hundred patients across a wide variety of cancer types.
Sequenom is presently developing a Research Use Only (RUO) assay with an initial focus on the detection and molecular profiling of late stage non-hematologic malignancies in settings where tissue biopsies are not accessible or are too risky to obtain. The assay will cover a breadth of cancer types by analyzing over 100 cancer-related genes that are comprised of in professional society guidelines, linked to targeted therapies presently in clinical trials, or part of well-documented cancer pathways. This clinical research study will aim to enroll several hundred patients across 10 different cancer types.
Sequenom, Inc., a life sciences company, develops and commercializes molecular diagnostics testing services for the women’s health and oncology markets in the United States and internationally.
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