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Thursday 20 August 2015
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Latest Update

Pre-Market News Alert on: Swift Energy Company (NYSE:SFY), VASCO Data Security International, (NASDAQ:VDSI), TransCanada (NYSE:TRP), Briggs & Stratton (NYSE:BGG)

On Tuesday, Swift Energy Company (NYSE:SFY)’s shares inclined 1.69% to $0.590.

Swift Energy Company (SFY) declared that on August 14, 2015, the New York Stock Exchange (the “NYSE”) notified the Company that it is not in compliance with the continued listing standards set forth in Sections 802.01B and 802.01C of the NYSE’s Listed Company Manual. Specifically, the NYSE notified the Company that the average closing price per share of the Company’s common stock over the preceding 30 trading-day period was $0.96 as of August 12, 2015 and, therefore, that the Company’s common stock had fallen below the required minimum average closing price of Section 802.01C of $1.00 per share over a successive 30 trading-day period. Additionally, the NYSE notified the Company that the Company’s average global market capitalization for the preceding 30 trading-day period is below $50 million, and the Company’s stockholders’ equity is less than $50 million, which are the NYSE minimum requirements under Section 802.01B. In compliance with NYSE procedures, the Company intends to notify the NYSE within ten business days of its intent to cure both deficiencies and return to compliance with the NYSE continued listing requirements.

Swift Energy Company, an independent oil and gas company, acquires, explores, develops, and operates oil and gas properties. The company focuses on the Eagle Ford trend of South Texas, in addition to the onshore and inland waters of Louisiana. As of December 31, 2014, it had estimated proved reserves of 193.8 million barrels of oil equivalent. Swift Energy Company was founded in 1979 and is headquartered in Houston, Texas.

VASCO Data Security International, Inc. (NASDAQ:VDSI)’s shares dropped -1.80% to $18.59.

VASCO Data Security International, Inc. (VDSI), a global leader in authentication, electronic signatures, and identity administration, declared that Jibun Bank Corporation has implemented VASCO’s DIGIPASS for Apps and VACMAN Controller to enhance security for online and mobile banking customers.

Jibun Bank was founded in 2008 as a joint venture between Japanese communications company KDDI Corporation and Bank of Tokyo-Mitsubishi UFJ. Jibun Bank is a direct-only bank with the aims of being a “personal bank for each individual customer,” and providing quality financial services with high convenience and security that take full advantage of mobile phones.

VASCO Data Security International, Inc., together with its auxiliaries, designs, develops, markets, and supports hardware and software security systems that manage and secure access to information assets worldwide. The company offers VACMAN Controller, a host system software authentication platform that combines technologies in one platform; IDENTIKEY Authentication Server that adds server functionality to the VACMAN core authentication platform; DIGIPASS as a Service, a cloud-based authentication service primarily for enterprise customers; and MYDIGIPASS solutions for end user authentication in the cloud.

At the end of Tuesday’s trade, TransCanada Corporation (USA) (NYSE:TRP)‘s shares surged 0.41% to $36.39.

TransCanada Corporation (TRP.TO) (TRP.TO) (TransCanada or the Company) recently declared that the Grand Rapids Pipeline Limited Partnership (Grand Rapids) has reached a contract to contribute the southernmost portion of the 20-inch diluent Grand Rapids Pipeline into a 50/50 joint venture with Keyera Corp. (KEY.TO). The 45-kilometre (28-mile) pipeline will be constructed by Grand Rapids and will extend from Keyera’s Edmonton Terminal to TransCanada’s Heartland Terminal near Fort Saskatchewan. Keyera will also contribute a new pump station at its Edmonton terminal.

Grand Rapids anticipates its total contribution to the joint venture will be about $140 million. Keyera will operate the pipeline once construction is complete and the facilities are in-service.

The predictable in-service date is in the second half of 2017 subject to regulatory approvals.

TransCanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Liquids Pipelines, and Energy. The Natural Gas Pipelines segment owns and operates natural gas pipelines and regulated natural gas storage facilities. This segment transports natural gas to local distribution companies, power generation facilities, and other businesses. The Liquids Pipelines segment owns and operates Keystone pipeline system comprising 4,247 kilometers transporting crude oil from Hardisty, Alberta to Wood River and Patoka in Illinois; Cushing, Oklahoma; and Port Arthur, Texas.

Briggs & Stratton Corporation (NYSE:BGG), ended its Tuesday’s trading session with -0.50% loss, and closed at $19.90.

The backup power experts at Briggs & Stratton Corporation (BGG) are offering assistful tips for homeowners researching the right-size standby generator system for their home’s electrical needs.

Symphony II Power Administration allows homeowners to select up to eight high-wattage appliances and manages the distribution of power from the generator to those appliances. This load administration ensures the generator won’t overload.

According to www.powernow.com from Briggs & Stratton, the steps a homeowner should take to determine the right-size generator for their home’s backup power needs comprise:

Determine What Needs Power

A homeowner should first make a list of all the household items they want to remain powered in the event of a power outage. Some appliances in a home, like a clothes dryer or air conditioner, take a large amount of power to function while other household electrical items, counting lights and televisions, take very little. The number of home electrical loads and their corresponding electrical wattage amounts will determine the size generator necessary for the homeowner’s needs.

Reference a Generator Size Calculator

Once a list of household items has been made, they can be reached the Briggs & Stratton Standby Generator Buying Guide & Size Calculator at www.powernow.com. This free online calculator takes the guesswork out of sizing a generator. Homeowners can select what needs to be powered during an outage from a list of electrical household items. The calculator then determines a suggested generator model that would provide enough power.

Briggs & Stratton Corporation designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment. It operates in two segments, Engines and Products. The Engines segment offers four-cycle aluminum alloy gasoline engines that are used primarily by the lawn and garden equipment industry.

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.




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