On Thursday, Shares of SunEdison, Inc. (NYSE:SUNE), lost -0.78% to $8.91.
SunEdison, declared financial results for the 2015 first quarter.
“During the first quarter, the team continued our exceptional record of balancing operational execution while accomplishing our planned initiatives. On the operations front, the team delivered 273 MW, a first quarter record, while also achieving new records in our pipeline, backlog, and projects under construction,” said Ahmad Chatila, Chief Executive Officer. “Our asset ownership platform, TerraForm Power, raised its CAFD and dividend guidance as it reached 1.7 GW of operating assets. In addition, we closed the First Wind acquisition, while making noteworthy progress on our planned emerging market initiatives.”
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
Shares of Forest City Enterprises Inc. (NYSE:FCE-A), declined -0.66% to $22.70, during its last trading session.
Forest City Enterprises, declared the pricing of its formerly declared public offering of 32.5 million shares of Class A common stock at $22.50 per share. The company has granted the underwriters a 30-day option to purchase up to an additional 4.875 million shares. Subject to customary closing conditions, the offering is predictable to close on May 12, 2015.
The joint book-running managers for this offering are BofA Merrill Lynch, Goldman, Sachs & Co., Citigroup, Barclays and Morgan Stanley.
Forest City Enterprises, Inc. acquires, owns, develops, and manages commercial and residential real estate and land in the United States. The company’s Commercial group acquires, owns, develops, and operates regional malls, specialty/urban retail centers, office and life science buildings, and mixed-use projects, in addition to operates Barclays Center, a sports and entertainment arena located in Brooklyn, New York.
At the end of Thursday’s trade, Shares of PHH Corporation (NYSE:PHH), gained 5.40% to $26.15, hitting its highest level.
PHH Corporation, declared the commencement of an exchange offer for any and all of its 6.00% Convertible Senior Notes Due 2017.
The Notes, which are convertible into shares of PHH’s common stock, have an outstanding aggregate principal amount of $245.0 million. Holders who elect to exchange their Notes in the Offer will receive, for each $1,000 principal amount of Notes validly tendered and accepted, $1,125.00 in cash, plus accrued and unpaid interest on such Note from June 15, 2015 up to, but not taking into account, the settlement date for the Offer, and a number of shares of PHH common stock which will be fixed by 4:30 p.m., New York City time, on the expiration date of the Offer and will equal the sum of the daily settlement amounts for each trading day during the twenty five trading days ending on, and counting, the Expiration Date. The daily settlement amount for each trading day will be the quotient of: (a) 1/25 multiplied by (b) (i) 78.2014 shares of PHH common stock multiplied by the weighted average trading price of PHH common stock on such trading day, minus (ii) 1,000, divided by (c) such weighted average trading price of PHH common stock.
The Offer is planned to expire at 11:59 p.m., New York City time, on Monday, June 15, 2015, unless extended or earlier terminated, and is predictable to settle on or about Thursday, June 18, 2015. Notes must be tendered preceding to the expiration of the Offer, and tendered Notes may be withdrawn at any time preceding to the expiration of the Offer.
PHH Corporation, through its auxiliaries, provides outsourced mortgage banking services to financial institutions and real estate brokers in the United States. The company operates through two segments, Mortgage Production and Mortgage Servicing.
Finally, Sirius XM Holdings Inc.(NASDAQ:SIRI), ended its last trade with 0.52% gain, and closed at $3.85.
SiriusXM Canada (XSR.TO), the country’s leading audio entertainment company, declared the new weekly tech show The Feed with hosts and leading Canadian tech personalities Amber Mac and Michael B. The Feed will air on SiriusXM’s Canada Talks (channel 167) every Saturday and Sunday, starting Saturday, May 9 at 11 am EST .
Amber Mac and Michael B will showcase the latest in the world of tech and social media each week, counting security and safety online, start-up tips from entrepreneurs, the latest downloads, plus they’ll review what’s hot in hardware and software recently. They’ll also welcome a regular lineup of special guests, counting online celebrities such as Vine funny man @Brittlestar and GeeksLife guru Luria Petrucci .
Amber Mac is an entrepreneur, television host, professional speaker, and bestselling author of the social media business book Power Friending (The Globe & Mail national bestseller). She has hosted shows for Fast Company, G4TechTV, AOL and CTV, in addition to appeared regularly as a tech expert on CNN and CBS. Mac will be joined on The Feed by TV host, executive producer, tech and business news journalist, Michael Bancroft who has worked for some of the leading broadcasters, counting CBS, CNBC, ABC, Network Ten, BNN and CTV.
Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.