On Thursday, Endo International plc - Ordinary Shares (NASDAQ:ENDP)’s shares inclined 3.27% to $83.34.
Endo International plc - Ordinary Shares (ENDP) declared the closing of its formerly declared registered offering of ordinary shares (the “Offering”). Following the Offering, the Company issued 27,627,628 ordinary shares, counting 3,603,603 ordinary shares sold upon the exercise in full by the underwriters of their option to purchase additional ordinary shares from the Company, at a price of $83.25 per share, for aggregate gross proceeds of about $2.3 billion.
The Company anticipates to use the net proceeds of the Offering, together with the proceeds of additional indebtedness and cash on hand, to fund the formerly declared acquisition of Par Pharmaceutical Holdings, Inc. (“Par”), in addition to repayments of indebtedness of Par and certain transaction expenses. The Company intends to use any remaining proceeds for general corporate purposes, counting acquisitions and debt repayments. If the Par acquisition is not consummated, the Company plans to use the net proceeds of the Offering for general corporate purposes, counting acquisitions and debt repayments.
Endo International plc, a specialty healthcare company, focuses on branded and generic pharmaceuticals and devices worldwide. It operates through four segments: U.S. Branded Pharmaceuticals, U.S. Generic Pharmaceuticals, Devices, and International Pharmaceuticals. The U.S. Branded Pharmaceuticals segment provides various branded prescription products, counting Lidoderm, Opana ER, Voltaren Gel, Percocet, Frova, Fortesta Gel, Supprelin LA, Valstar, Vantas, Sumavel DosePro, Aveed, and Natesto to treat and manage pain and conditions in urology, endocrinology, and oncology.
CA, Inc. (NASDAQ:CA)’s shares gained 0.66% to $30.49.
CA, Inc. (CA) declared that it was named as a Red Hat Innovation Award winner for Application Development by Red Hat, Inc., the world’s leading provider of open source solutions. A key factor in the award was CA’s innovative efforts around OpenShift Enterprise by Red Hat, which enabled CA to get enterprise-class applications to market quickly and efficiently.
The award recognizes CA’s outstanding use of agile methodologies and Red Hat solutions to achieve superior overall performance, while creating, maintaining, and deploying successful mainframe to mobile business applications.
CA Technologies worked with OpenShift Enterprise by Red Hat in the development of a private Enterprise Platform as a Service (EPaaS). This platform enables CA to quickly build, deploy and run scalable and secure SaaS applications that the business demands to compete and succeed in the application economy.
CA, Inc. provides information technology (IT) administration software and solutions that assist organizations plan, develop, manage, and secure applications and IT infrastructure in the United States and internationally. The company operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segments products portfolio comprise systems and database administration, automation, application development, and security; and technologies comprise CA Application Lifecycle Conductor and vStorm Connect Data Streaming for big data.
At the end of Thursday’s trade, Manulife Financial Corporation (USA) (NYSE:MFC)‘s shares surged 0.15% to $19.44.
Manulife Financial Corporation (USA) (MFC) declared that it has designated Claude Chene as Global Head of Distribution, effective July 1, 2015. Based in London, England, Mr. Chene will report to Kai Sotorp, President and CEO of Manulife Asset Administration and Global Head of Wealth and Asset Administration for Manulife.
In this position, a new role for the organization, Mr. Chene will join the firm’s Executive Committee, and be responsible for creating the distribution vision and strategy, in addition to overseeing sales and relationship administration activity for Manulife Asset Administration on a global basis.
Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States. It offers various individual life and health insurance, and individual and group long-term care insurance products through insurance agents, brokers, banks, financial planners, and direct marketing.
Realty Income Corp (NYSE:O), ended its Thursday’s trading session with 1.57% gain, and closed at $46.64.
Realty Income Corporation (O), The Monthly Dividend Company®, recently declared its Board of Directors has declared an enhance in the company’s common stock monthly cash dividend to $0.19 per share from $0.1895 per share. The dividend is payable on July 15, 2015 to shareholders of record as of July 1, 2015. This is the 81st dividend enhance since Realty Income’s listing on the NYSE in 1994. The new monthly dividend amount represents an annualized dividend amount of $2.28 per share as contrast to the previous annualized dividend amount of $2.274 per share.
The Board of Directors also declared a dividend on the company’s Monthly Income Class F preferred stock. The monthly dividend amount of $0.138021 on the Class F preferred shares is payable on July 15, 2015 to shareholders of record as of July 1, 2015. The annualized dividend amount for the Class F preferred shares is $1.65625 per share.
Realty Income Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Income Corporation was founded in 1969 and is based in Escondido, California.
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