On Friday, Shares of Sabre Corp (NASDAQ:SABR), gained 0.11% to $26.16.
Sabre Corporation (SABR) will host a live webcast of its 2015 Annual Meeting of Stockholders on May 28 at 9:30 a.m. Central Time. The webcast can be accessed via the Sabre Investor Relations website at investors.sabre.com. A recording of the call will be archived for replay following the conference call.
Sabre Corporation provides technology solutions to the travel and tourism industry worldwide. It operates in two segments: Travel Network, and Airline and Hospitality Solutions.
Shares of MagneGas Corporation (NASDAQ:MNGA), inclined 0.00% to $1.49, during its last trading session.
MagneGas Corporation, declared that it successfully accomplished a MagneGas2® presentation to a second top ten utility company in the United States. Formal demonstration and testing has been planned for June. In February, MagneGas2® was accepted by one of the nation’s top 5 utilities as a replacement for acetylene because of its improved productivity and safety features.
Officials for the company viewed a MagneGas presentation and indicated an interest in MagneGas® productivity and safety features. A formal demonstration and testing is planned for June, during which time the utility company indicated they would invite other local utility companies in the area to attend. They specified that they were interested in using MagneGas® for repairs and demolition projects.
MagneGas Corporation, an alternative energy company, creates and produces hydrogen based alternative fuel through the gasification of carbon-rich liquids in the United States and internationally. The company produces and distributes gas bottled in cylinders to the metalworking market as an alternative to acetylene.
At the end of Friday’s trade, Shares of Health Care REIT, Inc. (NYSE:HCN), lost -0.53% to $ 70.86.
Health Care REIT, Inc. (HCN) declared that it has priced $750 million in aggregate principal amount of 4.0% senior unsecured notes due June 1, 2025. The notes were priced at 99.926% of their face amount to yield 4.009%. Subject to customary closing conditions, the offering is predictable to close on May 26, 2015.
The company intends to use the net proceeds from this offering to repay advances under its primary unsecured credit facility and for general corporate purposes, counting investing in health care and seniors housing properties. Pending such use, the net proceeds may be invested in short-term, investment grade, interest-bearing securities, certificates of deposit or indirect or guaranteed obligations of the United States.
Health Care REIT, Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets.
Finally CNO Financial Group Inc (NYSE:CNO), ended its last trade with 0.33% lost, and closed at $ 18.30.
CNO Financial Group, Inc. (CNO) declared the completion of debt refinancing transactions to enhance its capital structure and financial flexibility. The recapitalization transactions comprised of entering into a new $150 million senior unsecured revolving credit facility, with $100 million drawn at closing, in addition to the formerly declared registered public offering of $825 million of new senior unsecured notes, comprising of $325 million of 4.500% senior unsecured notes due 2020 and $500 million of 5.250% senior unsecured notes due 2025.
CNO used a portion of the proceeds from the borrowings under the new revolving credit facility and the issuance of the Notes to:
- repay all $502 million outstanding under CNO’s existing senior secured credit agreement;
- redeem and satisfy and discharge $275 million aggregate principal amount outstanding of CNO’s 6.375% Senior Secured Notes due 2020 for estimated aggregate consideration of about $293 million; and
- pay fees and expenses related to the recapitalization transactions.
CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States.
DISCLAIMER:
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.
