On Wednesday, Shares of Twitter, Inc. (NYE:TWTR), lost -2.44% to $27.61.
Twitter has its eyes set on expanding in the Asia Pacific and Middle East, according to San Jose Mercury News.
The San Francisco tech firm said Tuesday it was making a stronger push to partner with media in those regions and was promoting Rishi Jaitly — Twitter’s Market Director for India & Southeast Asia — to a new role. San Jose Mercury News Reports
Jaitly is now the Vice President of Media for Asia Pacific and Middle East and will lead efforts to expand into new markets counting in Greater China and Southeast Asia, according to a press release from the company. San Jose Mercury News added
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
Shares of American International Group, Inc. (NYSE:AIG), declined -1.24% to $62.92, during its last trading session.
American International Group declared that it has priced the sale of 10,677,702 ordinary shares of AerCap Holdings N.V. (AER) by means of an underwritten public offering. Closing of this transaction is planned for August 24, 2015 and is subject to customary closing conditions. AIG will receive net cash proceeds of about $500 million. After the closing of the sale, AIG will not own any ordinary shares of AerCap.
“The sale of our remaining ordinary shares of AerCap marks a further step in our efforts to enhance intrinsic value,” said Peter D. Hancock, President and Chief Executive Officer, AIG. “It adds to AIG’s financial flexibility and provides us with an opportunity to maximize shareholder value – whether through continued balance sheet optimization and capital administration, organic growth investment, or inorganic acquisitions that assist us meet our customers’ needs.”
American International Group, Inc. provides insurance products and services for commercial, institutional, and individual customers in the United States, the Asia Pacific, and internationally.
Finally, Alliant Energy Corporation (NYSE:LNT), ended its last trade with 0.26% gain, and closed at $62.49.
Interstate Power and Light Company (IPL), a wholly-owned partner of Alliant Energy Corporation (LNT), declared the pricing of a public offering of $250,000,000 aggregate principal amount of senior debentures. The senior debentures have an interest rate of 3.4% and will be due on August 15, 2025.
IPL intends to apply the about $247.7 million in net proceeds, before expenses, from this offering to reduce commercial paper classified as long-term debt, reduce outstanding capital under its receivables purchase and sale program, and/or for general corporate purposes.
The offering was marketed through a group of underwriters comprising of Mitsubishi UFJ Securities (USA), Inc., Mizuho Securities USA Inc., and Wells Fargo Securities, LLC, as joint book-running managers, and Barclays Capital Inc., KeyBanc Capital Markets Inc., and The Williams Capital Group, L.P. as co-managers.
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale customers in the Midwest region of the United States. It operates through three segments: Electric, Gas, and Other.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
