On Monday, QEP Resources Inc (NYSE:QEP)’s shares inclined 1.73% to $18.78.
Baxalta Inc. will replace QEP Resources Inc. in the benchmark S&P 500 index, S&P Dow Jones Indices said.
That’s one of several changes the company declared to the S&P MidCap 400, S&P SmallCap 600 and the S&P 100 indices Friday.
Baxalta, a biopharmaceutical company based in Deerfield, Illinois, will join the index after the close of trading June 30. QEP, an oil and gas company, is being replaced because it’s near the bottom of the index, the company said.
Priceline Group Inc. will replace Baxter International Inc. in the S&P 100. Baxter, which is spinning off Baxalta later this month, will remain in the S&P 500.
QEP Resources, Inc., through its auxiliaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.
United Technologies Corporation (NYSE:UTX)’s shares gained 0.36% to $115.30.
Sikorsky Aircraft Corp. recently delivered six CH-148 Cyclone helicopters to the Canadian government during an acceptance celebration joined by Canada’s Defense Minister Jason Kenney, Public Works and Government Services Minister Diane Finley, Justice Minister Peter MacKay and Regional Ministers. Representing Sikorsky, a partner of United Technologies Corp. (UTX), was William Gostic, Vice President of the CH-148 Maritime Helicopter Program (MHP), who hailed the event as “a major milestone for the Canadian Armed Forces, our industry partners, Sikorsky and all of our employees committed to this unique and highly sophisticated aircraft.”
The six helicopters represent the first of 28 Cyclone aircraft that Sikorsky will deliver to the Canadian Armed Forces to perform a full range of anti-submarine and anti-surface warfare, search and rescue, and utility missions in various environments. Sikorsky will introduce raised capabilities that will be phased in while the Royal Canadian Air Force determines operational strategy and more personnel are trained to fly and maintain the aircraft. More than 40 military personnel have accomplished initial training already. Completion of all deliveries and capability upgrades will enable replacement of the venerable Sea King fleet, also offered by Sikorsky, starting in 2018.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.
At the end of Mondays trade, Packaging Corp Of America (NYSE:PKG)‘s shares dipped -3.29% to $66.92.
Packaging Corp Of America (PKG) declared recently that its Board has approved a regular quarterly dividend of $0.55 per share on its common stock. The quarterly dividend of $0.55 per share will be paid to shareholders of record as of June 15, 2015 with a payment date of July 15, 2015. Future declaration of quarterly dividends, and the establishment of future record and payment dates, are subject to the final determination by PCA’s Board of Directors.
Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. The company’s Packaging segment offers various corrugated packaging products, such as conventional shipping containers used to protect and transport manufactured goods; multi-color boxes and displays that assist to merchandise the packaged product in retail locations; and honeycomb protective packaging.
DIRECTV (NASDAQ:DTV), ended its Monday’s trading session with 0.09% gain, and closed at $92.86.
DIRECTV (DTV) DIRECTV is assisting parents breathe a sigh of relief with the launch of its new DIRECTV Kids App, an easy-to-use and safe online environment that offers DIRECTV customers age-appropriate content anywhere, anytime – at no extra charge. The new DIRECTV Kids App, designed for children ages 5-10, offers hundreds of popular children’s shows and kid-friendly movies, accessible to watch instantly from Nickelodeon, Cartoon Network, HBO, STARZ, Sprout and more, based on the customer’s DIRECTV programming package.
DIRECTV will also use its long-standing relationship with Common Sense Media, to incorporate age-based ratings and reviews through the App. Common Sense Media is a not-for-profit organization dedicated to providing independent, trustworthy information and education to kids, parents and educators, so they can be better equipped to succeed in a world of media and technology.
DIRECTV, a digital television entertainment company, engages in the direct-to-home (DTH) business in the United States and Latin America. It acquires, promotes, sells, and distributes digital entertainment programming primarily through satellite to residential and commercial subscribers.
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