On Wednesday, California Resources Corp (NYSE:CRC)’s shares inclined 0.97% to $7.83.
California Resources Corp (CRC) declared that its executives will be participating in the following forthcoming conferences: Bank of America Merrill Lynch Global Energy and Power Leveraged Finance Conference on June 3rd in New York City; Tudor, Pickering and Holt Energy Conference on June 17th in Houston and the GHS 100 Energy Conference on June 23rd in Chicago.
California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in about 2.4 million net acres. It also gathers, processes, and markets oil and gas products, in addition to produces and sells power. The company is headquartered in Los Angeles, California.
Invesco Ltd. (NYSE:IVZ)’s shares gained 0.31% to $39.12.
Invesco Ltd. (IVZ) stated preliminary month-end assets under administration (AUM) of $812.4 billion, an enhance of 0.1% month over month. The enhance was driven by favorable market returns which were largely offset by slight long-term net outflows and foreign exchange. FX reduced AUM by $2.4 billion during the month. Preliminary average total AUM for the quarter through May 31 were $813.1 billion, and preliminary average active AUM for the quarter through May 31 were $668.4 billion.
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, and high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client focused equity, balanced and fixed income portfolios.
At the end of Wednesday’s trade, Lightinthebox Holding Co Ltd-ADR (NYSE:LITB)‘s shares surged 2.72% to $5.28.
Lightinthebox Holding Co Ltd-ADR (LITB) declared that Zhejiang Aokang Shoes Co., Ltd. (603001.SS) (“Aokang”) has attained a planned equity interest in the Company. Both companies will leverage the planned investment from Aokang to jointly-develop a global ‘Internet-Plus’ strategy.
Under the terms of the share purchase agreement reached between Aokang and certain shareholders of LightInTheBox, Aokang has agreed to acquire a total of about 25.66% equity interest in LightInTheBox from such shareholders at $6.30 per American Depositary Share, each representing two ordinary shares of the Company. The transaction is subject to customary closing conditions.
China’s national ‘Internet-Plus’ strategy was unveiled by Premier Li Keqiang in March 2015 and is aimed at transforming traditional manufacturing in China into an innovative world leading high-tech industry by integrating Internet technologies such as mobile Internet, big data analytics, cloud computing and the Internet of Things.
LightInTheBox Holding Co., Ltd., through its auxiliaries, operates as an online retail company. The company provides apparel products, counting customized, special occasion, and fast fashion apparel products; and other general merchandise products, such as accessories and gadgets, home and garden products, electronics and communication devices, and other products.
American Capital Agency Corp. (NASDAQ:AGNC), ended its Wednesday’s trading session with 0.21% gain, and closed at $19.49.
American Capital Agency Corp. (AGNC) declared that its Board of Directors has declared a cash dividend of $0.20 per share of common stock for June 2015. The dividend is payable on July 8, 2015 to common shareholders of record as of June 30, 2015, with an ex-dividend date of June 26, 2015.
The Company also declared recently its estimated net book value of $24.94 per share of common stock as of May 31, 2015. The estimated net book value per common share is the Company’s total estimated stockholders’ equity after deducting the Company’s common stock dividend declared on April 27, 2015 and paid on June 5, 2015, less the preferred stock liquidation preference, divided by the number of common shares outstanding as of period end. The estimated net book value is unaudited and has not been verified or reviewed by any third party. The Company’s current net book value may also be materially different from its estimated net book value as of May 31, 2015. The Company undertakes no obligation to update or revise its estimated net book value.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency. It funds its investments primarily through short-term borrowings structured as repurchase agreements.
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