On Thursday, CYS Investments Inc (NYSE:CYS)’s shares inclined 1.04% to $7.80.
CYS Investments, Inc. (CYS) declared that Kevin E. Grant, CFA, the Company’s CEO and President, will deliver a presentation at the JMP Financial Services & Real Estate Conference at the St. Regis Hotel in New York City on Monday, September 21, 2015 at about 9:00 a.m. (ET).
CYS Investments, Inc., a specialty finance company, invests in residential mortgage pass-through securities in the United States. It also focuses on investing in residential mortgage-backed securities that are issued and the principal and interest of which are guaranteed by a federally chartered corporation (Agency RMBS); debt securities issued by the United States Department of Treasury or a government sponsored entity; and collateralized mortgage obligations issued by a government agency or government-sponsored entity that are collateralized by Agency RMBS.
SFX Entertainment Inc (NASDAQ:SFXE)’s shares gained 31.98% to $0.620.
SFX Entertainment, Inc. (SFXE) declared that it has secured $60 million in new financing and refinanced its existing $30 million revolving credit facility, securing capital for new initiatives and operating and working capital needs.
The $90 million comes from both new and existing investors, with $60 million in private placement financing and $30 million in a revolving credit facility.
Additionally, the Company’s special committee and its advisors continue to accept proposals for the entire company, in addition to assets not central to its core business, with a deadline of October 2, 2015.
SFX Entertainment, Inc. engages in the production of live events and digital entertainment content that focuses on the electronic music culture (EMC) and other festivals. The company produces and promotes live EMC festivals and events; produces music tours; and sells event tickets through a ticketing platform, in addition to provides merchandising and related services.
At the end of Thursday’s trade, Lear Corporation (NYSE:LEA)‘s shares surged 1.29% to $111.38.
Lear Corporation [ LEA] will hold a conference call to review the company’s third quarter 2015 financial results and related matters on October 23, 2015 at 9:00 a.m. EDT .
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. It operates through two segments, Seating and Electrical.
Turquoise Hill Resources Ltd (NYSE:TRQ), ended its Thursday’s trading session with -0.33% loss, and closed at $3.01.
Turquoise Hill Resources declared the resignation of Stewart Beckman, Senior Vice President, Operations and Technical Development, effective October 1, 2015. Mr. Beckman has accepted a new position within Rio Tinto.
The Company is presently conducting a search for Mr. Beckman’s replacement, which will be declared in due course. Mr. Beckman will provide support in the interim to ensure a smooth transition.
Turquoise Hill Resources Ltd., together with its auxiliaries, operates as a mining company. Its principal material mineral resource property is the Oyu Tolgoi copper-gold mine located in the southern Mongolia.
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.
