On Friday, Magnum Hunter Resources Corp (NYSE:MHR)’s shares declined -5.83% to $2.26.
Magnum Hunter Resources Corp (MHR) declared that it has declared a monthly cash dividend on the Company’s 10.25% Series C Cumulative Perpetual Preferred Stock, a monthly cash dividend on the Company’s 8.0% Series D Cumulative Preferred Stock and a monthly cash dividend on the Company’s 8.0% Series E Cumulative Convertible Preferred Stock (“Series E Preferred Stock”). The outstanding shares of Series E Preferred Stock are represented by depositary shares, each representing a 1/1,000th interest of a share of Series E Preferred Stock.
The dividend on the Series C Preferred Stock, which is for the month of April 2015, is payable on April 30, 2015, to holders of record at the close of business on April 15, 2015. The payment will be an annualized 10.25% per share, which is equivalent to about $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, attains, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States.
Speed Commerce Inc (NASDAQ:SPDC)’s shares dropped -5.67% to $0.311.
Speed Commerce Inc (SPDC) declared recently that it has closed the recently declared registered direct placement of 13,035,713 shares of its common stock, and warrants to purchase up to 9,776,784 shares of its common stock, at a combined public offering price of $0.56 per share and related warrants for total gross proceeds of $7.3 million.
Roth Capital Partners acted as the exclusive placement agent for the transaction.
Speed Commerce, Inc. provides e-commerce and fulfillment services to retailers and manufacturers in the United States and Canada. It offers Web platform development and hosting, order administration, fulfillment, logistics, and contact center services, which provide customers with transaction-based services and information administration tools.
At the end of Friday’s trade, Maxim Integrated Products Inc. (NASDAQ:MXIM)‘s shares dipped -5.64% to $32.78.
Maxim Integrated Products Inc. (MXIM) stated net revenue of $577 million for its third quarter of fiscal 2015 ended March 28, 2015, a 2% enhance from the $567 million revenue recorded in the preceding quarter, and a 5% decrease from the same quarter of last year.
Fiscal Year 2015 Third Quarter Results
Based on Generally Accepted Accounting Principles (GAAP), diluted earnings per share in the March quarter was $0.28. The results were affected by pre-tax special items which primarily comprised of $23 million in charges related to acquisitions and $17 million in charges related to restructuring activities. GAAP earnings per share, not taking into account special items was $0.40. An analysis of GAAP as compared to GAAP not taking into account special items is offered in the last table of this press release.
Maxim Integrated Products, Inc. designs, develops, manufactures, and markets various linear and mixed-signal integrated circuits worldwide. The company also provides a range of high-frequency process technologies and capabilities for use in custom designs. It primarily serves automotive, communications and data center, computing, consumer, and industrial markets.
Windstream Holdings Inc (NYSE:WIN), ended its Friday’s trading session with -5.55% loss, and closed at $7.83.
Windstream Holdings Inc (NYSE:WIN) declared recently that its wholly owned-auxiliaries, Windstream Services, LLC and PAETEC Holding, LLC (PAETEC), are calling for redemption certain of their outstanding notes on May 27, 2015.
Windstream is calling all of the about $400 million outstanding aggregate principal amount of its 8.125% Senior Notes due 2018 at a redemption price payable in cash that is equal to $1,040.63 per $1,000 principal amount of the WIN Notes, plus accrued and unpaid interest to, but not taking into account, the redemption date. A notice of redemption is being sent to all presently registered holders of the WIN Notes by U.S. Bank National Association, the trustee under the indenture governing the WIN Notes.
Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets. The company’s primary business service offerings comprise integrated voice and data services, multi-site networking, data center services, managed services, high-speed Internet, and voice services.
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