On Thursday, Shares of SandRidge Energy Inc. (NYSE:SD), gained 12.96% to $0.305.
SandRidge Energy, declared that its Board of Directors has decided to suspend payment of the $3.50 per share semi-annual dividend on shares of its 7.0% Convertible Perpetual Preferred Stock.
The Company has 3,000,000 shares of 7.0% Convertible Perpetual Preferred Stock outstanding and will continue to re-evaluate the dividend payment policy on a semi-annual basis.
The suspension of its dividend does not affect the Company’s business operations and does not cause an event of default under any of its debt agreements.
SandRidge Energy, Inc. is an oil and natural gas company. The Company operates in three business segments: exploration and production, drilling and oil field services, and midstream services. The exploration and production segment explores for, develops and produces oil and natural gas in the Mid-Continent. The drilling and oil field services segment performs services for third parties, counting third-party working interests in wells that it operates. The midstream services segment is engaged in gas marketing.
Shares of Comcast Corporation (NASDAQ:CMCSA), inclined 0.93% to $57.41, during its last trading session.
Comcast Cable declared that Michael Parker has been named Senior Vice President of the company’s Western New England Region, which is based in Berlin, Connecticut. In this role, Parker is the top executive responsible for operations, performance and customer experience for the region, which employs more than 1,700 people and encompasses 300 communities in Connecticut, western Massachusetts, Vermont, western New Hampshire and New York.
Parker kicks off his new role, which marks his return to Connecticut, by serving as the Honorary Chair of Gateway Community College’s 18th Annual Hall of Fame Event this evening in New Haven. He was also just named one of the “Most Influential Minorities” in the cable industry by Cablefax: The Magazine.
Parker has held a series of progressively larger administration positions at Comcast over the past 14 years. He most recently served as Vice President of Operations for Comcast’s Greater Chicago Region and also formerly held leadership roles for the company in New York and Connecticut, Baltimore City, and Detroit. Before joining Comcast, Parker worked for Tele-Communications, Inc. (TCI) and began his career serving as Illinois Assistant Attorney General.
Comcast Corporation is a media and technology company. The Company has two primary businesses, Comcast Cable and NBCUniversal. The Company’s business line comprises five segments: Cable Communications; Cable Networks; Broadcast Television; Filmed Entertainment, and Theme Parks. Cable Communications comprises of the operations of Comcast Cable, a provider of video, high-speed Internet and voice services under the XFINITY brand.
Shares of Staples, Inc. (NASDAQ:SPLS), inclined 1.79% to $11.94, during its last trading session.
Staples, makes more for less happen this holiday season with great deals in stores, online and via mobile. Staples.com will feature amazing deals on Thanksgiving Day, giving customers the convenience of shopping from home while stores are closed. Deals in stores start at 6 a.m. on Black Friday, and Staples.com deals continue through Cyber Monday.
Staples customers won’t have to wait until the week of Black Friday for great deals. Startning in early November, Staples will offer special holiday savings both in store and online on a huge assortment of the latest tech devices and other essential products that businesses need as well as easy-to-create, personalized gifts from Staples Copy and Print, many with same-day pick-up options.
In addition, Staples customers can get more for less everyday with the Staples Price Match Guarantee. Just show the customer service associate the lower price when you buy the item at Staples and we’ll match the price. For a price match on Staples.com, please call 800-333-3330. The Staples Price Match Guarantee allows for price match items sold and shipped by Amazon.com or any retailer who sells products in both retail stores and online under the same brand.
Staples, Inc. is a provider of products and services that serve the needs of business customers and consumers. The Company offers a selection of products, such as Websites and mobile platforms, retail and online shopping and a range of copy and print and technology services.
Finally, Reynolds American, Inc. (NYSE:RAI), ended its last trade with -1.45% loss, and closed at $43.63.
Reynolds American - Barclays Capital have a $48.00 target price per share on the stock. The target price per share means a potential upside of 9.44% from Reynolds American Inc (RAI)’s previous close. This rating was revealed in an analyst note on Wednesday, 30 September.
According to data compiled by Thomson Reuters, Reynolds American Inc (RAI)’s stock is covered by 7 equity analysts across the Street, with 0 analysts giving it a Sell rating, 8 a Buy rating, while 2 consider it a Hold. The 12-month consensus target price for the stock is $45.29, which reflects an upside potential of 3.00% over the current price.
Reynolds American Inc. (RAI) is a holding company. The Company operates through three segments: RJR Tobacco, American Snuff and Santa Fe. The RJR Tobacco segment comprises principally of the primary operations of R. J. Reynolds Tobacco Company.
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