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Saturday 19 September 2015
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Latest Update

Current Trade News Alert on: Scientific Games Corp (NASDAQ:SGMS), Sanderson Farms, Inc. (NASDAQ:SAFM), American Midstream Partners LP (NYSE:AMID), Outfront Media Inc (NYSE:OUT)

On Thursday, in the course of current trade, Shares of Scientific Games Corp (NASDAQ:SGMS), dropped -0.33%, and is now trading at $12.05.

Visitors to the Scientific Games Corporation, booth #1126 at the 2015 Global Gaming Expo (G2E) at the Las Vegas Sands Expo & Convention Center, Sept. 29-Oct. 1, will experience how the Company can power the gaming world as a leading supplier of the industry’s top gaming devices, table products, systems and interactive solutions, and lottery business products and solutions.

For the first time at G2E, Scientific Games will exhibit its Bally, Barcrest, Shuffle Master, Williams, and WMS branded products in the same booth. The 26,000-square-foot multi-level exhibit will feature products from the Company’s gaming, lottery, and interactive divisions, and highlight the end-to-end solutions for gaming and lottery customers around the world. The Company aims to showcase why it is better-equipped than any supplier to address the increasing convergence of land-based, online, social, and lottery entertainment solutions.

Scientific Games Corporation develops technology-based products and services, and associated content for the gaming and lottery industries worldwide. The company operates through three segments: Gaming, Lottery, and Interactive.

During an Afternoon trade, Shares of Sanderson Farms, Inc. (NASDAQ:SAFM), climbed 0.74%, and is now trading at $69.53.

Sanderson Farms, declared that its Board of Directors has declared a regular quarterly cash dividend of $0.22 (twenty-two cents) per share. The Board has also authorized a special cash dividend payment of $0.50 (fifty cents) per share. Both the regular quarterly cash dividend and the special cash dividend are payable on October 13, 2015, to stockholders of record on September 29, 2015. Payment of the regular quarterly cash dividend will remain subject to Board approval each quarter.

Commenting on the declarement, Joe F. Sanderson, Jr., chairman and chief executive officer of Sanderson Farms, Inc., said, “We are happy with the Board’s decision to approve these dividend payments and proud to share our financial success with our shareholders. Our solid operating performance and strong balance sheet have offered the opportunity to pay another special dividend for fiscal 2015. This action demonstrates our confidence in Sanderson Farms’ growth opportunities and reinforces our commitment to create value for our shareholders.”

Sanderson Farms, Inc., an integrated poultry processing company, produces, processes, markets, and distributes fresh, frozen, and prepared chicken products in the United States. The company sells ice pack, chill pack, bulk pack, and frozen chicken in whole, cut-up, and boneless form primarily under the Sanderson Farms brand name to retailers, distributors, and casual dining operators in the southeastern, southwestern, northeastern, and western United States, in addition to to customers who resell frozen chicken in the export markets.

Shares of American Midstream Partners LP (NYSE:AMID), dipped -0.10%, and is now trading at $10.47.

American Midstream Partners, declared that it priced an underwritten public offering of 7,500,000 common units representing limited partner interests at $11.31 per common unit. The offering is predictable to close on September 15, 2015. The Partnership also granted the underwriters a 30-day option to purchase up to 1,125,000 additional common units.

The Partnership intends to use the net proceeds from this offering to fund a portion of the purchase price of an equity interest in a Delaware limited liability company that will indirectly own a portion of the Delta House floating production system and related pipeline infrastructure (the “Delta House Acquisition”). In the event the Partnership does not consummate the Delta House Acquisition, the Partnership will use the net proceeds of this offering to repay a portion of the outstanding borrowings under its credit facility and for general partnership purposes. If the underwriters exercise their option to purchase additional common units, the Partnership intends to use all of the net proceeds from the sale of additional common units to repay a portion of the outstanding borrowings under its credit facility.

American Midstream Partners, LP engages in gathering, treating, processing, and transporting natural gas, fractionating natural gas liquids (NGLs), and storing specialty chemical products in the Gulf Coast and Southeast regions of the United States.

Finally, Outfront Media Inc (NYSE:OUT), gained 0.65% Thursday.

Outfront Media Inc, declared the launch of OUTFRONT PRIME, the new brand for its “super premium” outdoor assets comprised of the most highly-trafficked and iconic billboard locations across the US.

OUTFRONT has a noteworthyfocus on top markets with “best-in-class” inventory within those markets. PRIME assets represent the absolute top of the asset pyramid available in spectacular locations.

OUTFRONT PRIME enables advertisers to reach high-end consumers in precedingity markets like SoHo in New York, Sunset Boulevard in Los Angeles, Mag Mile in Chicago and Union Square in San Francisco. High-end consumers will have the opportunity to see PRIME advertisers everywhere they go out of their home – from shopping centers to major dining areas. In addition, OUTFRONT PRIME will have a dedicated concierge team, while PRIME customers will also benefit from a customizable suite of creative solutions and opportunities for public relations and social media amplification.

OUTFRONT Media Inc. provides advertising space on out-of-home advertising structures and sites in the United States, Canada, and Latin America. Its portfolio primarily comprises of billboard displays, which are principally located on the heavily traveled highways and roadways; and transit advertising displays with multi-year contracts with municipalities in various cities across the United States.

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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.




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