On Thursday, Hershey Co (NYSE:HSY)’s shares inclined 1.83% to $90.24.
The Hershey Company (HSY) declared the pricing of its offering of $300 million of 1.600% notes due 2018 and $300 million of 3.200% notes due 2025 (the “Notes Offering”) in a public offering. The Hershey Company intends to use the net proceeds of the Notes Offering to repay at maturity its $250 million aggregate principal amount of 4.85% Notes due 2015, to fund its cash tender offer for up to $100 million aggregate purchase price of its $100 million aggregate principal amount of 8.80% Debentures due 2021 and its $250 million aggregate principal amount of 7.20% Debentures due 2027 and for general corporate purposes.
A registration statement regarding the Notes Offering has been filed with the U.S. Securities and Exchange Commission and is effective. This press release shall not constitute an offer to sell or an offer to buy any securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Notes Offering may be made only by means of a prospectus supplement and the accompanying prospectus.
The Hershey Company manufactures, imports, markets, distributes, and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings, sundae syrups, and beverages; snack items, counting spreads; and gum and mint refreshment products comprising chewing gums and bubble gums.
Crestwood Equity Partners LP (NYSE:CEQP)’s shares gained 1.08% to $2.82.
Crestwood Equity Partners LP (CEQP) and Crestwood Midstream Partners LP (CMLP) (“Crestwood Midstream”) declared recently that Crestwood Equity’s Registration Statement on Form S-4 has been declared effective by the Securities and Exchange Commission (“SEC”), and that Crestwood Midstream has filed a proxy statement with the SEC. Crestwood Midstream will hold a special meeting for its unitholders to vote on proposals related to the merger on September 30, 2015 at 10:00 a.m. Central Time, at 700 Louisiana Street, Suite 2550, Houston, TX 77002.
Crestwood Equity Partners LP provides midstream solutions to customers in the crude oil, natural gas liquids (NGLs), and natural gas sectors of the energy industry in the United States. It operates through three segments: Gathering and Processing; Storage and Transportation; and NGL and Crude Services. The Gathering and Processing segment engages in the gathering, processing, treating, compression, transportation, and sale of natural gas; and the delivery of natural gas liquids to producers in unconventional shale plays and tight-gas plays in West Virginia, Wyoming, Texas, Arkansas, New Mexico, and Louisiana.
At the end of Thursday’s trade, Alamos Gold Inc. Class A (NYSE:AGI)‘s shares dipped -2.70% to $4.32.
Alamos Gold Inc. (AGI) stated financial results for the quarter ended June 30, 2015 and reviewed its operating, exploration and development activities.
Subsequent to the end of the second quarter, on July 2, 2015, Alamos Gold Inc. (“Former Alamos”) and AuRico Gold Inc. (“AuRico”) accomplished the formerly declared agreement to merge the two companies (the “Merger”). Accordingly, the financial statements and associated Administration’s Talk aboution and Analysis of both AuRico and Former Alamos for the three and six-month periods ended June 30, 2015 have been stated separately. For the purposes of this press release, the merged company, which retained the Alamos name, has comprised of the operating and financial results of both Former Alamos and AuRico. The first, second, third and fourth quarters of the Company’s fiscal year are referred to as “Q1”, “Q2”, “Q3” and “Q4”, respectively.
Alamos Gold, Inc. operates as an intermediate gold producer primarily in North America. The company primarily holds a 100% interest in the Young-Davidson gold mine, which comprises mineral leases and claims totaling 11,000 acres in Northern Ontario, Canada.
Old Republic International Corporation (NYSE:ORI), ended its Thursday’s trading session with 1.05% gain, and closed at $15.41.
Republic International Corporation (ORI) stated that its Employees Savings & Stock Ownership Plan (“ESSOP”) planned to acquire up to 2,200,000 Old Republic common shares in open market purchases, as market conditions may warrant. As of June 30, 2015 the ESSOP held about 12.9 million ORI common shares or about 4.9% of all shares then outstanding. Assuming all 2.2 million shares are ultimately attained, the ESSOP would own about 15.1 million ORI common shares or about 5.8% of all presently outstanding common shares.
Old Republic International Corporation, through its auxiliaries, engages in the insurance underwriting and related services business primarily in the United States and Canada. The companys General Insurance Group segment offers automobile extended warranty, aviation, commercial automobile, commercial multi-peril, general liability, home warranty, inland marine, travel accident, and workers’ compensation insurance products; and financial indemnity products for specialty coverages, counting errors and omissions, directors and officers, fidelity, guaranteed asset protection, and surety.
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.
