On Friday, Milacron Holdings Corp (NYSE:MCRN)’s shares declined -6.36% to $17.37.
Milacron Holdings Corp. (MCRN), a leading industrial technology company serving the plastics processing industry, declared recently that, in connection with its initial public offering of 14,285,714 shares of common stock (“the Offering”), which closed on June 30, 2015, the underwriters have partially exercised their over-allotment option to purchase an additional 415,600 shares (the “Greenshoe”). The issuance and sale of these additional Greenshoe shares closed on July 29, 2015.
The Greenshoe enhances the net proceeds to the Company from its initial public offering, after underwriting discounts and commissions and estimated offering expenses, from about $265 million to about $273 million. The Company intends to use the net proceeds from the Greenshoe for general corporate purposes.
Milacron Holdings Corp. manufactures, distributes, and services engineered and customized systems within the plastic technology and processing industry in North America, Europe, Asia, and internationally. The company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids). The APPT segment provides injection molding, blow molding, and extrusion equipment; aftermarket services, parts, and support; and spare parts and retrofit packages, in addition to complete rebuilds, machine calibration, maintenance and training, and contract machining services.
Sempra Energy (NYSE:SRE)’s shares gained 0.91% to $101.78.
Sempra Energy (SRE) awarded $1,000,000 in grants to over 87 regional safety partners as part of SAFE San Diego, a SDG&E philanthropic initiative aimed at supporting non-profit organizations dedicated to disaster preparedness, emergency response training, wildfire education, and defensible space assistance programs.
Sempra Energy operates as an energy services holding company worldwide. The company’s San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. As of February 23, 2015, this segment offered energy service about to 3.4 million consumers through 1.4 million electric meters and 878,000 natural gas meters in San Diego and southern Orange counties. Its Southern California Gas Company segment transmits, distributes, and stores natural gas. As of February 6, 2015, this segment served about to 21 million consumers through 5.8 million meters in 500 communities.
At the end of Friday’s trade, Aon Plc (NYSE:AON)‘s shares dipped -1.15% to $100.77.
Aon plc (AON) reported results for the three months ended June 30, 2015.
Net income attributable to Aon shareholders was $178 million, or $0.62 per share, compared to $304 million, or $1.01 per share, for the prior year quarter. Net income per share attributable to Aon shareholders, adjusted for certain items, increased 5% to $1.31, compared to $1.25 in the prior year quarter, including an $0.08 per share unfavorable impact on adjusted net income from continuing operations if the Company were to translate prior year quarter results at current quarter foreign exchange rates (“foreign currency translation”). Certain items that impacted second quarter results and comparisons with the prior year quarter are detailed in the “Reconciliation of Non-GAAP Measures - Operating Income and Diluted Earnings per Share” on page 12 of this press release.
Aon plc provides risk administration services, insurance and reinsurance brokerage, and human resource consulting and outsourcing services worldwide. It operates through two segments, Risk Solutions and HR Solutions. The Risk Solutions segment offers retail brokerage services, counting affinity products, managing general underwriting, placement, captive administration services, and data and analytics; risk administration solutions for property liability, general liability, professional liability, directors’ and officers’ liability, workers’ compensation, and various healthcare products; and health and benefits consulting services comprising structuring, funding, and administering employee benefit programs. This segment also provides advisory services to technology, financial services, agribusiness, aviation, construction, health care, energy, and other industries.
Koninklijke Philips NV (ADR) (NYSE:PHG), ended its Friday’s trading session with 0.58% gain, and closed at $27.81.
Royal Philips ( PHG) the global leader in lighting, and Frima Studio Inc. (“Frima”), Canada’s largest independent game developer, are proud to declare the integration of Phillips Hue connected lighting with the hit game Chariot. Frima is bringing immersive home entertainment to a whole new level by making Phillips Hue lighting interact in real time with the gameplay of its popular title. The improved Chariot game experience is now officially accessible exclusively on Microsoft’s Xbox One.
Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. It provides various integrated clinical solutions, counting radiation oncology and portfolio administration; computed tomography, magnetic resonance imaging, and molecular imaging products; digital X-ray and mammography products; interventional X-ray products in cardiology, radiology, surgery, and other areas; and ultrasound products.
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