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Saturday 12 September 2015
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Active Movers - Barnes & Noble, Inc. (NYSE:BKS), Terex Corporation (NYSE:TEX), AllianceBernstein Income Fund Inc. (NYSE:ACG), Hain Celestial Group Inc (NASDAQ:HAIN)

On Friday, Shares of Barnes & Noble, Inc. (NYSE:BKS), remained flat at $15.85.

Six Flags Entertainment Corporation, declared a new partnership, naming NOOK the presenting sponsor of Six Flags National Read a Book Day at participating parks across the country, and partner of Read to Succeed, a free educational program sponsored by Six Flags.

On Sunday, September 6, Six Flags will celebrate National Read a Book Day, in partnership with NOOK, and offer exclusive ride time benefits and in-park discounts to guests who download, register, and show the Free NOOK Reading App on their phones at any Six Flags domestic theme park. NOOK app users can also download a selection of two free books in the park that day. An additional admission discount will be available for the event date on specially marked receipts of Barnes & Noble purchases made through September 5, 2015.

Barnes & Noble, Inc. retails books, textbooks, magazines, newspapers, and other contents in the United States. It sells trade books, counting hardcover and paperback consumer titles; mass market paperbacks, such as mystery, romance, science fiction, and other fiction; children’s books; eBooks and other digital content; textbooks and course-related materials; NOOK and related accessories; bargain books; gifts; emblematic apparel and gifts; school and dorm supplies; café products and services; educational toys and games; and music and movies.

Shares of Terex Corporation (NYSE:TEX), declined -1.73% to $21.60, during its last trading session.

Terex Corporation, declared that it is soliciting consents from holders of its 6.00% Senior Notes due 2021 and 6.50% Senior Notes due 2020 to certain projected amendments to the indentures governing the Notes. The consent solicitation is being conducted in connection with the formerly declared merger of Terex with Konecranes Plc, a Finnish public company limited by shares.

Terex is offering cash fees of $17.50 for each $1,000 principal amount of 2021 Notes and $10.00 for each $1,000 principal amount of 2020 Notes to holders of such Notes who consent to the following projected amendments:

  • Amend the definition of “Change of Control” set forth in each indenture so that the Merger does not constitute a “Change of Control” under such indenture and to permit Konecranes to insert one or more holding companies below or above Konecranes without triggering a “Change of Control” if such holding companies do not affect Terex’s ultimate beneficial ownership.
  • Amend the reporting covenant under each indenture to permit Konecranes, instead of Terex (following the consummation of the Merger), to furnish the information required under each indenture and to provide that, if Konecranes qualifies as a foreign private issuer, then the reporting covenant will be satisfied if Konecranes furnishes, among other things, the information, documents and other reports applicable to foreign private issuers (offered that Konecranes will be required to provide quarterly reports).

The consent solicitation is subject to the terms and conditions set forth in the Notice of Consent Solicitation dated August 27,, 2015, which is being distributed to holders of the Notes.

Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, and light towers, in addition to related components and replacement parts under Terex and Genie names.

At the end of Friday’s trade, Shares of AllianceBernstein Income Fund Inc. (NYSE:ACG), gained 0.13% to $7.93.

Alliance Growers Corp., declared that Charles Carleton has decided to step down as President and Chief Executive Officer of the Company. Mr. Carleton will remain as a valuable member of the Company’s Board of Directors.

The Company is happy to declare that Paul Karroll has been designated as President and CEO in Mr. Carleton’s place. Mr. Karroll has been a Senior Business Analyst with Trichome Consulting Services since 2012, which specializes in MMPR manufacturing, technology, distributors and retail organizations. He is a forward thinking business strategist with a 20+ year track record of successes in key administration, training and operations. He has extensive knowledge in account development and new market penetration in highly competitive and volatile sectors. He is adept at anticipating and responding to market trends and identifying new ways to add value and profitability. With noteworthy knowledge and experience in the North American cannabis industry, developing marketing and sales programs, and analyzing industry trends for future business development, Mr. Karroll will play an integral role in the Company’s future.

AllianceBernstein Income Fund Inc. (the Fund), formerly ACM Income Fund Inc., is a diversified closed-end administration investment company. The Fund’s investment objective is to provide current income and long-term growth of capital.

Finally, Hain Celestial Group Inc (NASDAQ:HAIN), ended its last trade with -0.90% loss, and closed at $58.27.

The Hain Celestial Group, declared that the Company is planned to present at Barclays Global Consumer Staples Conference on Wednesday, September 9, 2015 at 3:00 PM Eastern Daylight Time.

The Hain Celestial Group, Inc. manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products comprise infant formula; infant, toddler, and kids foods; diapers and wipes; rice and grain-based products; flour and baking mixes; breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola bars, and cereal bars; canned, chilled fresh, aseptic, and instant soups; Greek-style yogurt; chilies and packaged grains; and chocolates and nut butters, in addition to plant-based beverages and frozen desserts, such as soy, rice, almond, and coconut.

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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.

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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.

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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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