During Monday’s current trade, Cloud Peak Energy Inc. (NYSE:CLD)’s shares incline 1.29% to $4.70.
Cloud Peak Energy Inc. (CLD) from larger companies in the coal-producing sector (KOL), counting Peabody Energy (BTU), Alpha Natural Resources (ANR), and Arch Coal (ACI). As of March 31, 2015, the company had debt of $498 million. Of this total, $298 million is maturing in 2019. The remaining debt will mature in 2024.
Being a pure-play Powder River Basin coal producer (KOL) gives the company a distinct advantage. The Powder River Basin is the lowest-cost coal producing region in the US. The Powder River Basin operations of major coal producers counting Alpha Natural Resources (ANR) and Peabody Energy (BTU) are actually generating cash.
Another reason for Cloud Peak Energy’s lower debt levels is that it didn’t aggressively acquire coal assets in 2011, when coal prices were high and the outlook for the industry appeared positive.
Cloud Peak Energy Inc., through its auxiliaries, produces coal in the Powder River Basin (PRB) and the United States. The company operates through Owned and Operated Mines, Logistics and Related Activities, and Corporate and Other segments. It produces and sells sub-bituminous thermal coal with low sulfur content primarily to electric utilities operating in the United States and internationally.
Yum! Brands, Inc. (NYSE:YUM)‘s shares gain 1.00% to $93.19, during the current trading session Monday’s, hitting its highest level.
Yum! Brands, Inc. (YUM) still has plenty of growth potential in China.
The Louisville-based restaurant company, which comprises KFC Corp., Taco Bell Corp. and Pizza Hut Inc., has hailed itself as the industry leader in China. KFC has twice as many stores in China as McDonald’s Corp., according to a presentation at Yum Brands’ (NYSE: YUM) 2015 China Investors Conference this weekend.
Despite this, the company has only five stores per million people in China, contrast with 57 restaurants per million residents in the United States, the presentation states.
YUM Brands has focused its growth on cities, and about 15 million Chinese people migrate to cities each year. The Chinese urban population is expect to grow by 60 percent by 2020.
To stay competitive, Yum Brands is revamping its menus in China. With KFC in particular, the company has emphasized health and is focused on fewer, but stronger menu items.
YUM! Brands, Inc., together with its auxiliaries, operates quick service restaurants. It operates in five segments: YUM China, YUM India, the KFC Division, the Pizza Hut Division, and the Taco Bell Division. The company develops, operates, franchises, and licenses a system of restaurants, which prepare, package, and sell various food items. As of February 4, 2015, it operated about 41,000 restaurants in about 120 countries and territories primarily under the KFC, Pizza Hut, and Taco Bell brands, which specialize in chicken, pizza, and Mexican-style food categories.
In an afternoon trade, Williams Partners LP (NYSE:WPZ)‘s shares plunge -8.09% to $48.84.
Williams Partners L.P. (WPZ) advised its unitholders to reference news issued recently by Williams (WMB), the owner of our general partner. Williams recently declared that its Board of Directors has authorized a process to explore a range of planned alternatives following receipt of an unsolicited proposal to acquire Williams in an all-equity transaction at a stated per share price of $64.00. The unsolicited proposal was contingent on the termination of Williams’ pending acquisition of Williams Partners.
With the assistance of its outside financial and legal advisors, the Williams Board carefully considered the unsolicited proposal and determined that it significantly undervalues Williams and would not deliver value commensurate with what Williams anticipates to achieve on a standalone basis and through other growth initiatives, counting the pending acquisition of Williams Partners.
Marsh & McLennan Companies, Inc. (NYSE:MMC), during its Monday’s current trading session 0.29% gain and closed at $59.60.
Mercer, a global consulting leader in advancing health, wealth and careers, and a wholly-owned subsidiary of Marsh & McLennan Companies (MMC), declared the launch of the Mercer Pension Risk ExchangeSM (the “exchange”).The exchange is a groundbreaking solution that helps plan sponsors execute group annuity buyouts in a shorter timeframe and in a more competitive pricing environment. As the first platform of its kind, the exchange increases liquidity and price transparency by enabling plan sponsors to continuously monitor pricing and contract terms available in the group annuity market. The exchange also provides sponsors with greater exposure to a wider array of insurers that could potentially act as transactional counterparts for a buyout.
The exchange provides real-time online annuity pricing and trigger monitoring, combining a suite of buyout advisory and execution services. These comprise:
- Deal readiness:streamlining the process by creating an industry standard for data preparation and document specification.
- Dynamic monitoring:monitoring prices and metrics in real time to identify when conditions are optimal to execute.
- Execution support:providing comprehensive support to sponsors and fiduciaries to assist navigate the complexities of the buyout execution – ranging from insurer due diligence and asset preparation through to contract negotiation.
Marsh & McLennan Companies, Inc., a professional services firm, provides advice and solutions primarily in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services; and Consulting. The Risk and Insurance Services segment offers risk administration services, such as risk advice, risk transfer, risk control, and mitigation solutions, in addition to insurance, reinsurance broking, catastrophe and financial modeling services, and related advisory services.
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