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Wednesday 14 October 2015
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Active Stocks in the Spotlight: CONSOL Energy (NYSE:CNX), FireEye (NASDAQ:FEYE), GameStop (NYSE:GME), Validus Holdings, (NYSE:VR)

On Tuesday, Shares of CONSOL Energy Inc. (NYSE:CNX), gained 0.84% to $10.83.

CONSOL Energy, declared recently the closing of two separate asset sale transactions.

CONSOL Energy sold its 49% interest in the Western Allegheny Energy (WAE) joint venture to Rosebud Mining Company. The WAE transaction comprised the conveyance of 63 million tons of coal reserves. This transaction closed on September 30, 2015.

Separately, CONSOL Energy sold 6.7 million tons of lignite reserves located in South Texas to a private entity. This transaction closed on October 6, 2015.

Aggregate transaction-related proceeds of $101 million comprise: $95 million in cash, $2 million in the assumption of liabilities, and $4 million of advance minimum royalties paid under the terms of leases.

CONSOL Energy Inc. is an integrated energy company. The Company operates through two divisions: oil and gas exploration and production (E&P), and coal mining.

Shares of FireEye Inc (NASDAQ:FEYE), declined -2.20% to $31.18, during its last trading session.

FireEye, declared a global partnership to defend against the evolving security threats to the enterprise. Customers will benefit from comprehensive security solutions that integrate application delivery infrastructure from F5® and advanced threat protection from FireEye Network Security. The agreement also comprises a unified approach to worldwide sales, deployment and support, thereby assisting to ensure the best possible end-to-end experience for customers.

Enterprise IT departments are challenged with supporting cloud-based applications and mobile environments while maintaining network reliability, security, and speed. The partnership between FireEye and F5 will feature the integration of key application delivery technologies with advanced threat administration platforms to accelerate application deployment, performance, and security. Customers will also benefit from the following:

  • A comprehensive security solution that combines application delivery infrastructure with advanced content security, counting: network segmentation and policy administration, protocol conformance, DDoS mitigation, SSL inspection, advanced threat protection, intrusion prevention, threat intelligence, forensics, and analytics.
  • Performance, scale and high availability in heavy network traffic environments by using the health monitoring and load-balancing capabilities of the BIG-IP® platform. This enables customers to scale and protect against advanced threats in the most demanding application environments.
  • Integrated security architecture that drives advanced content security by enabling improved visibility into the growing stream of encrypted traffic. Also, industry-leading threat intelligence and aggregated events and alerts reduce security silos and provide faster insights into malicious activities and breaches across the enterprise.

FireEye, Inc. provides cybersecurity solution for detecting, preventing and resolving cyber-attacks. The Company’s cybersecurity solutions combine its virtual-machine technology, threat intelligence and security in a suite of products and services. Its virtual machine-based technology delivers detection and prevention, and to provide real-time protection to enterprises and governments across the world.

Shares of GameStop Corp. (NYSE:GME), inclined 2.05% to $43.35, during its last trading session.

The holidays are quickly approaching and GameStop, a global family of specialty retail brands that makes the most popular technologies affordable and simple, declared recently that it is launching its 2015 holiday layaway program with some of the most sought after products this holiday season.

Starting recently, and ongoing through December 20, customers will have the option to reserve and pay for many of this year’s top holiday products counting video game consoles, headsets, and hard drives through GameStop’s layaway program.

The holiday layaway program provides customers a simple and efficient gift-giving option this holiday season. A $25 minimum deposit is required to start a layaway contract, and all layaways must be paid-off and picked-up at the store location where the original deposit was made by the end of operating hours on December 24, 2015.

GameStop Corp. is a multichannel video game, consumer electronics and wireless services retailer. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and a Technology Brands segment.

Finally, Validus Holdings, Ltd. (NYSE:VR), ended its last trade with -2.85% loss, and closed at $43.60.

Validus Holdings, offered an initial estimate of losses regarding the August 12th explosion in the port of Tianjin, China and the September 16th earthquake in Chile. Validus anticipates to record losses from these events, net of reinstatement premiums and reinsurance, retrocessional and other recoveries in the amount of $63.9 million.

The net impact to Validus is based on the Company’s internal models, external reports and other information on the event, and loss reporting from influenced (re)insureds. The absence of noteworthy client loss reporting on these events has caused the loss estimates to be established primarily on the basis of exposure analysis and industry loss estimates. Due to limited stated losses, the complexity of the events and uncertainties inherent in this preliminary information, Validus’ actual ultimate losses from these events may vary materially from this initial estimate.

Validus Holdings, Ltd. is a holding company. The Company, through its subsidiaries, is engaged in the global insurance and reinsurance. The Company operates in four segments: Validus Re, AlphaCat, Talbot and Western World. Validus Re is a Bermuda-based reinsurance segment focused on short tail lines of reinsurance.

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