On Thursday, Baidu Inc (ADR) (NASDAQ:BIDU)’s shares declined -0.85% to $197.03.
Baidu Inc (ADR) (BIDU) declared the pricing of its public offering of US$1.25 billion aggregate principal amount of its notes. The public offering comprises of US$750 million of 3.000% notes due 2020 and US$500 million of 4.125% notes due 2025. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are predictable to be listed on the Singapore Exchange Securities Trading Limited.
The Company anticipates to receive net proceeds from the offering of about US$1.24 billion, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes.
The joint bookrunners of the offering are Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC.
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.
Skyworks Solutions Inc (NASDAQ:SWKS)’s shares gained 0.90% to $104.85.
Skyworks Solutions Inc (SWKS) declared that its Board of Directors has declared a cash dividend of $0.26 per share of the Company’s common stock, representing a 100 percent enhance from the prior quarterly dividend of $0.13 per share. Based on the closing price of Skyworks’ stock on June 17, 2015, the raised dividend represents roughly a one percent yield, or $1.04 per share on an annualized basis. The dividend is payable on August 27, 2015, to stockholders of record as of the close of business on August 6, 2015.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.
At the end of Thursday’s trade, T-Mobile US Inc (NYSE:TMUS)‘s shares surged 0.88% to $38.97.
T-Mobile US Inc (TMUS) promised to take on a wireless industry that’d grown too fat to give a damn about its customers. Since then, the Un-carrier™ has eliminated the worst of the carrier abuses with an aggressive drumbeat of industry-rocking moves—and Americans have responded by making T-Mobile America’s fastest growing wireless company. But the company isn’t stopping there. T-Mobile is rolling out a series of epic updates to some of its wildly popular Un-carrier moves this summer and calling it ‘Un-carrier Amped!’ So today, the company kicked things off in a big way by amping up Un-carrier 2.0, its groundbreaking JUMP!® program, and introducing the industry’s lowest monthly cost to get an iPhone 6 when you trade-in your smartphone.
T-Mobile US, Inc., together with its auxiliaries, provides mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, such as smartphones, tablets, and other mobile communication devices, in addition to accessories, which are manufactured by various suppliers. It offers services, devices, and accessories through its owned and operated retail stores, in addition to through its Websites.
Santander Consumer USA Holdings Inc (NYSE:SC), ended its Thursday’s trading session with -1.06% loss, and closed at $26.20.
Santander Consumer USA Holdings Inc (SC) declared a broad reorganization of its Board of Directors, counting the appointment of four new independent SHUSA directors and the creation of the position of Lead Independent Director.
The new independent SHUSA directors will be Alan Fishman, Chairman of Ladder Capital; Thomas S. Johnson, former Chairman and CEO of GreenPoint Capital; Catherine Keating, CEO of Commonfund; and Richard Spillenkothen, former head of banking supervision at the Federal Reserve Board and former director of Deloitte & Touche LLP.
The new independent SHUSA directors will be Alan Fishman, Chairman of Ladder Capital; Thomas S. Johnson, former Chairman and CEO of GreenPoint Capital; Catherine Keating, CEO of Commonfund; and Richard Spillenkothen, former head of banking supervision at the Federal Reserve Board and former director of Deloitte & Touche LLP.
Santander Consumer USA Holdings Inc., a specialized consumer finance company, provides vehicle finance and unsecured consumer lending products in the United States. The company’s vehicle finance products and services comprise retail installment contracts, vehicle leases, and dealer loans.
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