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Thursday 30 July 2015
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Active Stocks on Trader’s Radar: PG&E Corporation (NYSE:PCG), Goodrich Petroleum Corporation (NYSE:GDP), Sony Corp (ADR) (NYSE:SNE), Wendys Co (NASDAQ:WEN)

On Monday, Shares of PG&E Corporation (NYSE:PCG), gained 2.94% to $51.83.

Pacific Gas and Electric Company, declared its $1 million commitment to support the installation of rooftop solar on 79 homes with 18 different Habitat for Humanity local associates throughout Northern and Central California. From the Mendocino Coast to Merced, PG&E’s Solar Habitat Program, in partnership with Habitat for Humanity, is making affordable housing and solar energy a reality for deserving families, particularly in neighborhoods that have been historically underserved and overlooked.

“PG&E is proud to support Habitat for Humanity’s mission of making homeownership a reality for deserving families. Our sustained partnershipon the Solar Habitat Program allows these homes to be both financially and environmentally sustainable. Together, we’re building a cleaner, brighter future for the people of California,” said PG&E Corporation Chairman, CEO and President Tony Earley.

PG&E Corporation, through its partner, Pacific Gas and Electric Company, transmits, delivers, and sells electricity and natural gas to residential, commercial, industrial, and agricultural customers primarily in northern and central California.

Shares of Goodrich Petroleum Corporation (NYSE:GDP), declined -9.00% to $0.855 , during its last trading session.

Goodrich Petroleum Corporation, declared that it has reached a definitive agreement to sell its proved reserves and associated leasehold in the Eagle Ford Shale in LaSalle and Frio Counties, Texas for $118 million, subject to purchase price adjustments as offered for in the Purchase and Sale Agreement. The effective date of the transaction is July 1, 2015 with an predictable closing date on or before September 4, 2015. The Company is retaining about fifty-eight percent (~ 17,000 net acres) of its undeveloped leasehold in the play for future development or sale. The asset being sold produced an average of about 2,850 barrels of oil equivalent (“Boe”) per day (~75% oil) during the first quarter of 2015.

The Company anticipates to book a gain of about $50-60 million on the sale at closing after factoring in customary closing adjustments. The Company plans to pay off its bank revolver and retain the difference in cash from the sales proceeds.

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. The company holds interest in the Tuscaloosa Marine Shale located in southwest Mississippi and southeast Louisiana; the Eagle Ford Shale Trend located in South Texas; and the Haynesville Shale Trend in Northwest Louisiana and East Texas.

At the end of Monday’s trade, Shares of Sony Corp (ADR) (NYSE:SNE), lost -1.37% to $28.87.

Filming began this week around Atlanta, Georgia, on Sony Pictures’ new film, MIRACLES FROM HEAVEN, starring Jennifer Garner, Martin Henderson (“Grey’s Anatomy”),John Carroll Lynch (Ted 2), Eugenio Derbez (Instructions Not Comprised of), and Queen Latifah. The film also introduces Kylie Rogers.

MIRACLES FROM HEAVEN is based on the amazing true story of the Beam family, whose 10-year-old daughter, Anna (Kylie Rogers), is diagnosed with a rare life-threatening disease that tests their family and everyone’s faith. As they meet with doctor after doctor to find a cure, or at least offer some respite from Anna’s severe symptoms, it is not until she has a near death experience that a miracle happens that changes their lives forever.

Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; Blu-ray disc players and recorders, home audio, headphones, and memory-based portable audio devices; compact digital, interchangeable single-lens, and video cameras; professional solutions, such as broadcast- and professional-use products; and personal computers.

Finally, Wendys Co (NASDAQ:WEN), ended its last trade with -0.89% loss, and closed at $ 10.06.

There are some things you just can’t get out of your head…a pop song, a line from a movie…a spicy chicken sandwich?

When it comes to crave-ability, Wendy’s Spicy Chicken Sandwich always hits the spot. Spicy chicken lovers take to social media to chatter about their sudden cravings for it. In fact, fans tell us the only way to get Wendy’s Spicy Chicken Sandwich out of their head is to get it in their hands—and mouths.

“Once people taste Wendy’s Spicy Chicken Sandwich, they fall under its hot and spicy spell,” said Liz Geraghty, Wendy’s vice president of brand marketing. “With its irresistible fiery blend of eight spices and peppers, this original classic has long been Wendy’s top selling chicken sandwich.”

The Wendy’s Company, through its auxiliaries, owns and franchises Wendy’s restaurant system. The company is involved in operating, developing, and franchising a system of quick-service restaurants. As of May 26, 2015, its restaurant system comprised of about 6,500 franchised and company-operated restaurants worldwide.

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