On Thursday, Pioneer Energy Services Corp. (NYSE:PES)’s shares gained 6.48%, closed at $5.42.
Pioneer Energy Services Corp., will release its first quarter 2015 financial results before the market opens on Thursday, April 30. In conjunction with the release, Pioneer has planned a conference call that will be broadcast live over the Internet the same day starting at 11:00 a.m. Eastern Time (10:00 a.m. Central Time). Investors may take part in the call either by phone or audio webcast.
Pioneer Energy Services Corp., through its auxiliaries, provides drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.
Northwest Biotherapeutics, Inc. (NASDAQ:NWBO)’s shares jumped 6.30%, and settled at $7.76, during the last trading session on Thursday, following the news that the Corporation reached contract with Woodford Investment Administration LLP, as agent for the CF Woodford Equity Revenue Fund and other clients, for financing of $40 million.
Woodford will purchase $40 million of the Corporation’s ordinary stock at $7.40 per share, for a total of 5,405,405 shares. The purchase will take place in two closings, with $11.5 million closing on or before April 8, and the remaining $28.5 million closing on or before April 30. There are no warrants, pre-emptive rights, or other rights or preferences. There was no investment banker involved in the transaction.
Woodford formerly purchased $25 million of the Corporation’s ordinary stock in November 2014, in addition to substantial purchases of the Corporation’s stock in the market.
Northwest Biotherapeutics, Inc., a biotechnology corporation, discovers and develops immunotherapy products to treat cancer in the United States and internationally. It is involved in the development of DCVax, a platform technology that uses activated dendritic cells to mobilize a patient’s own immune system to attack cancer.
At the end of Thursday’s trade, McDermott International Inc. (NYSE:MDR)’s shares climbed 6.09%, and closed at $4.18.
McDermott International, Inc., has been awarded a sizeable contract to transport and install subsea umbilicals, manifolds, jumpers and flying leads for Chevron U.S.A. Inc. to support the brownfield expansion of the Jack and St. Malo fields in the U.S. Gulf of Mexico. The value of the award is comprised of in McDermott’s first quarter 2015 backlog.
“This will be the second subsea project in the Jack and St. Malo fields that McDermott has carried out for Chevron, which demonstrates confidence in our ability to install subsea facilities in such challenging deepwater environments,” said Scott Munro, Vice President, Americas, Europe & Africa. “McDermott successfully installed some of the industry’s largest and most complex umbilical end terminations in 7,200 feet of water, as part of the fields’ original development last year.”
McDermott’s subsea construction vessel, North Ocean 102, is predictable to transport and install 30 miles of umbilicals and associated flying leads. The final jumper assembly is planned to be accomplished at McDermott’s Gulfport Spoolbase in Mississippi preceding to installation by McDermott’s Derrick Barge 50 utilizing its deepwater lowering system.
The installation campaign is predictable to commence in the second quarter of 2016.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation corporation worldwide. The corporation operates through three segments: Asia Pacific, Americas, and the Middle East.
Campus Crest Communities, Inc. (NYSE:CCG), ended its Thursday’s trading session with 6.04% gain, and closed at $6.85, as Clinton Group, Inc., a stockholder of Campus Crest Communities, Inc. and Campus Evolution Villages, LLC, a leading private owner and operator of student housing assets, sent an open letter to the stockholders of Campus Crest.
“We maintain our belief that student housing is a unique asset class that requires very hands on administration and expertise. We have assembled a very attractive portfolio of assets and have driven bottom line performance for our investors by managing day to day and dollar by dollar. We believe bringing the same administration philosophy to Campus Crest will enable us to right the ship and create shareholder value,” stated Andrew Stark, CEO of Campus Evolution Villages.
Campus Crest Communities, Inc., a real estate investment trust (REIT), engages in the ownership, development, building, and administration of student housing properties under the Grove brand name in the United States.
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