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Monday 20 July 2015
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Active Stocks News Review: Alibaba Group Holding Ltd (NYSE:BABA), Mueller Water Products, Inc. (NYSE:MWA), TCF Financial Corporation (NYSE:TCB)

On Wednesday, Shares of Alibaba Group Holding Ltd (NYSE:BABA), lost -0.94% to $80.73.

EnterpriseDB (EDB), declared a contract with Aliyun, the cloud computing arm of Alibaba Group (NYSE:BABA) to provide a new generation of cloud database service in China.

Through the agreement, EDB’s Postgres Plus Advanced Server database will be accessible as a relational database-as-a-service on the Aliyun cloud computing platform. Aliyun offers a full suite of enterprise applications and, by partnering with EDB to add Postgres Plus, Aliyun customers can now enjoy a more diversified relational database suite.

Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

Shares of Mueller Water Products, Inc. (NYSE:MWA), declined -2.12% to $8.76, during its last trading session.

Mueller Water Products, declared that it has filed a universal shelf registration statement on Form S-3 with the Securities and Exchange Commission (“SEC”). The shelf registration statement became effective upon filing. The new shelf registration statement replaces the Company’s expiring shelf registration statement and will permit the Company to offer and sell, from time to time, equity, debt or other types of securities described in the shelf registration statement, or any combination thereof, in one or more future public offerings.

The filing was made in order to continue to provide the Company with financial flexibility. The Company does not have any current plans to sell securities under the new registration statement. If and when the Company offers any securities under the new registration statement, the Company will prepare and make accessible a prospectus supplement that comprises the specific terms of the securities being offered, the use of proceeds and other terms of the offering.

Mueller Water Products, Inc. manufactures and markets products and services for the use in transmission, distribution, and measurement of water in the United States, Canada, and internationally.

Finally, TCF Financial Corporation (NYSE:TCB), ended its last trade with 0.73% gain, and closed at $16.60.

TCF Financial Corporation, declared TCF Bank customers and employees donated nearly $14,000 to Junior Achievement Rocky Mountain. During 2015, donations were collected at 35 TCF Bank branches in Denver and Colorado Springs, Colorado to support Junior Achievement educational programs that prepare young people to lead in the 21st century workplace through free enterprise, entrepreneurship, and personal financial literacy. During the past four years, TCF Bank customers and employees donated nearly $50,000 to Junior Achievement Rocky Mountain.

“Supporting financial education is important to TCF, as we believe financially literate persons are stronger contributors to their families, communities and the global economy,” said Kent Engler, director of retail banking at TCF Bank. “We are grateful to TCF Bank customers and employees for their continued support of Junior Achievement Rocky Mountain and its educational programs that develop young people in our communities into fiscally responsible leaders.”

TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various retail and commercial banking products and services. The company’s Lending segment offers retail lending services, counting consumer loans for personal, family, and household purposes, such as home purchases, debt consolidation, and financing of home improvements.

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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.

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