On Tuesday, Hindustan Construction Company Ltd (NSE:HCC)’s shares declined -1.91% to $18.00.
HCC Insurance Holdings, Inc. (HCC) recently declared its 78th successive quarterly cash dividend.
HCC’s Board of Directors has declared a regular cash dividend of $0.295 per share on the Company’s shares of $1.00 par value common stock. The dividend is payable to stockholders of record on October 1, 2015 and will be paid on or about October 15, 2015.
HCC Insurance Holdings, Inc. underwrites non-correlated specialty insurance products worldwide. The company operates in five segments: U.S. Property & Casualty, Professional Liability, Accident & Health, U.S. Surety & Credit, and International. The U.S. Property & Casualty segment provides aviation, primary and excess casualty, small account errors and omissions (E&O) liability, employment practices liability (EPLI), disability, contingency, public risk, technical and construction property, title and mortgage reinsurance, residual value, and brown water marine products in the United States. The Professional Liability segment offers directors and officers (D&O) liability, large account E&O liability, fiduciary liability, fidelity and bankers blanket bonds, EPLI, transactional insurance, and cyber liability in the United States and internationally.
Enterprise Products Partners L.P. (NYSE:EPD)’s shares gained 0.19% to $26.22.
Enterprise Products Partners L.P. (“Enterprise”) (EPD) announced its financial results for the three and six months ended June 30, 2015.
Second Quarter 2015 Highlights
- Enterprise raised its cash distribution with respect to the second quarter of 2015 by 5.6 percent to $0.38 per unit contrast to the second quarter of 2014;
- Enterprise stated distributable cash flow of $988 million for the second quarter of 2015, which offered 1.3 times coverage of the $0.38 per unit cash distribution and resulted in $238 million of retained distributable cash flow; and
- Associates of privately held Enterprise Products Company (“EPCO”), which collectively own our general partner and about 34 percent of our outstanding limited partner interests, purchased $50 million of common units from Enterprise in May 2015 through the distribution reinvestment plan. Counting this purchase, EPCO associates have purchased $150 million of Enterprise common units in 2015.
Enterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products in the United States and internationally. Its NGL Pipelines & Services segment provides natural gas processing and related NGL marketing services, in addition to import and export terminal services.
At the end of Tuesday’s trade, FMC Corp (NYSE:FMC)‘s shares dipped 40.24% to $-0.05.
FMC Corporation (FMC) declared that it will establish a European regional headquarters and research facility in Horsholm, a suburb of Copenhagen, Denmark. The new FMC European Innovation Center (EIC), predictable to open in 2016, will serve as a central hub for research and development, regional corporate functions and regional commercial teams.
The new center will be located at the Scion DTU Science and Technology Park in Horsholm, about 25 kilometers north of Copenhagen. It will bring together employees who presently work at sites throughout Europe and the U.S., counting employees in research, sales, marketing, regional administration, finance, supply chain, human resources and related functions.
FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, and sells crop protection, professional pest control, and lawn and garden products, such as insecticides, herbicides, and fungicides.
Ascena Retail Group Inc (NASDAQ:ASNA), ended its Tuesday’s trading session with 10.73% loss, and closed at $-1.65.
Aascena retail group, inc. (ASNA) declared that it has accomplished its acquisition of ANN INC. for a combination of cash and ascena stock in an accretive transaction.
With the completion of the merger, ANN INC. shares will be delisted from the NYSE and trading will cease at the close of business on Friday, August 21st. ANN INC. will continue to operate as a wholly-owned partner of ascena.
With the addition of the Ann Taylor, LOFT, and Lou & Grey brands, ascena is now one of North America’s largest and most diversified specialty apparel retailers, with $7.4 billion in trailing twelve month sales, a combined fleet of over 4,900 stores, and over 70,000 associates.
Ascena Retail Group, Inc., through its auxiliaries, operates as a specialty retailer of apparel for women, and tween girls and boys. It operates through five segments: Justice, Lane Bryant, maurices, dressbarn, and Catherines segments. The company offers apparel, accessories, footwear, intimates, wear-to-work, and casual sportswear; and lifestyle products, such as bedroom furnishings and electronics, in addition to social occasion apparel, career wear, dressy apparel, and active wear. Its principal retail brands comprise Justice, Brothers, Lane Bryant, Cacique, Right Fit, Maurices, Studio Y, Dressbarn, Catherines, Maggie Barnes, Liz&Me, and Serenada. As of September 22, 2014, the company operated about 3,900 stores in the United States and Canada. It also sells its products online.
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