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Friday 18 September 2015
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Active Stocks Roundup: Allscripts Healthcare Solutions (NASDAQ:MDRX), Ecolab (NYSE:ECL), W&T Offshore Inc. (NYSE:WTI), Quiksilver Inc. (NYSE:ZQK)

On Tuesday, Shares of Allscripts Healthcare Solutions Inc (NASDAQ:MDRX), lost -3.49% to $13.29.

Villa Medical Clinic in Newburg, Ore., selected Allscripts (MDRX) Chronic Care Administration (CCM) Program to establish ongoing monthly outreach to hundreds of patients who suffer from two or more chronic conditions without adding staff or increasing workloads for current employees.

Villa Medical Center has served its community for more than 50 years and presently provides care services with one physician, three physician assistants, and a team of nurses and support staff. The practice sought a way to simplify the rollout of care for patients with chronic conditions through the Centers for Medicare & Medicaid services (CMS) reimbursement program. The practice is in the process of transitioning to Allscripts Professional EHR(TM) from which it will be able to identify Medicare and Medicaid patients with chronic conditions who could benefit from raised care.

The Allscripts CCM program features services from Allscripts Professional Physicians business unit to assist care providers in reducing the complexity of caring for chronic patients, counting advisory services, patient outreach, practice and claims administration.

Allscripts Healthcare Solutions, Inc. provides clinical, financial, electronic health records (EHR), connectivity, hosting, outsourcing, analytics, patient engagement, and population health products and services in the United States and Canada.

Shares of Ecolab Inc. (NYSE:ECL), declined -3.41% to $105.42, during its last trading session.

Ecolab Inc., will host a live webcast of its biennial meeting for professional investors on Thursday, Sept. 10, 2015, at 9:00 a.m. – 4:00 p.m. Eastern Time, in St. Paul, Minn.

Ecolab Inc. provides water, hygiene, and energy technologies and services for customers worldwide. The company operates in four segments: Global Industrial, Global Institutional, Global Energy, and Other.

At the end of Tuesday’s trade, Shares of W&T Offshore Inc. (NYSE:WTI), lost -0.84% to $3.54.

W&T Offshore declared that it has reached a definitive agreement with Ajax Resources, LLC for the sale of all of its interest in its Yellow Rose field in the Permian Basin. Gross pre-tax proceeds from the transaction are predictable to be about $376,100,000, subject to customary closing adjustments. W&T also reserved a one to four percent sliding scale overriding royalty interest in the field. The transaction is predictable to close during the third quarter of 2015, with an effective date of January 1, 2015.

W&T’s interest in its Yellow Rose field comprises about 25,800 net acres in Andrews, Martin, Gaines, and Dawson counties in West Texas. For the month of July 2015, net production from the Yellow Rose field averaged about 3,000 barrels of oil equivalent (“Boe”) per day.

We will use the proceeds from the transaction to pay down the outstanding balance under our secured revolving credit facility and provide additional liquidity for future operations and acquisitions.

Tracy W. Krohn, W&T Offshore’s Chairman and Chief Executive Officer, stated, “We are happy to be monetizing our highly valued Permian Basin acreage. This sale will allow us to strengthen our balance sheet and improve our financial flexibility to pursue the acquisition of Gulf of Mexico assets while valuations are favorable. We believe that current conditions are good for W&T to identify quality offshore producing assets that offer upside exploration and development opportunity. ”

W&T Offshore, Inc., an independent oil and natural gas producer, together with its auxiliaries, engages in the acquisition, exploration, and development of oil and natural gas properties primarily in the Gulf of Mexico and onshore in the Permian Basin of West Texas.

Finally, Quiksilver Inc. (NYSE:ZQK), ended its last trade with -3.02% loss, and closed at $0.4171.

Quiksilver, declared that it plans to issue a press release reporting its fiscal 2015 third quarter financial results after the market closes on Wednesday, September 9, 2015, and will conduct a conference call the same day at 4:30 p.m. Eastern Time to review its results.

Quiksilver, Inc. designs, develops, and distributes branded apparel, footwear, accessories, and related products primarily for men, women, and children. The company provides its products for various activities, counting casual and outdoor lifestyle associated with surfing, skateboarding, snowboarding, BMX and motocross, rally car, and other activities.

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