On Wednesday, Tribune Media Co (NYSE:TRCO)’s shares declined -1.30% to $50.00.
CareerBuilder declared that it has attained a majority stake in Textkernel, a leading-edge software company providing semantic recruitment technology to the global market. The acquisition further supports CareerBuilder’s evolution into an HR software as a service provider and enables Textkernel to accelerate its global growth.
Based in Amsterdam, Textkernel is leading innovation in the field of AI, machine learning and natural language processing in the HR domain. At the core of what Textkernel does is semantic search, which studies the intent and contextual meaning behind words. Employers and job seekers often use different words or phrases to describe the same thing when they type in a search box, write job descriptions or build their resumes/CVs. Textkernel’s advanced technology takes into account language patterns to pinpoint what the user really means in order to provide the best search results.
CareerBuilder works with the world’s top employers, providing job distribution, sourcing, workflow, CRM, data and analytics in one pre-hire platform. Owned by TEGNA Inc. (TGNA), Tribune Media (TRCO) and The McClatchy Company (MNI), CareerBuilder and its auxiliaries operate in the United States, Europe, South America, Canada and Asia. For more information, visit www.careerbuilder.com.
Tribune Media Company, through its auxiliaries, operates as a media and entertainment company in the United States. The company operates through two segments, Television and Entertainment, and Digital and Data. The Television and Entertainment segment provides news, entertainment, and sports programming through Tribune Broadcasting local television stations, counting FOX television associates, CW television associates, CBS television associates, ABC television associates, NBC television associates, and independent television stations; and television series and movies on WGN America, a national general entertainment network.
Rackspace Hosting, Inc. (NYSE:RAX)’s shares dropped -1.91% to $35.90.
Rackspace® (RAX), the #1 managed cloud company, will declare its second quarter 2015 financial results on Monday, August 10, 2015 starting at 4:30 p.m. ET, 3:30 p.m. CT, 1:30 p.m. PT.
Taylor Rhodes, president and chief executive officer, and Karl Pichler, chief financial officer, will host the call.
Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet.
At the end of Wednesday’s trade, Hexcel Corporation (NYSE:HXL)‘s shares surged 2.20% to $51.03.
Hexcel Corporation (HXL)(HXL), declared that the Company’s Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on the common stock of Hexcel, payable on August 17, 2015 to shareholders of record as of August 3, 2015.
Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). It operates through four segments: Crude Oil Pipelines, Crude Oil Acquisition and Marketing, Terminal Facilities, and Products Pipelines. The Crude Oil Pipelines segment transports crude oil primarily in Oklahoma and Texas. It contains about 5,300 miles of crude oil trunk pipelines, in addition to about 500 miles of crude oil gathering lines. The Crude Oil Acquisition and Marketing segment gathers, purchases, markets, and sells crude oil principally in the mid-continent United States. It utilizes the company’s proprietary fleet of about 335 crude oil transport trucks, and about 135 crude oil truck unloading facilities, in addition to third-party assets.
Sunoco Logistics Partners L.P. (NYSE:SXL), ended its Wednesday’s trading session with -3.85% loss, and closed at $34.26.
ETP also owns the general partner, 100% of the incentive distribution rights, and about 67.1 million common units in Sunoco Logistics Partners L.P. (SXL), which operates a geographically diverse portfolio of crude oil and refined products pipelines, terminalling and crude oil acquisition and marketing assets. Energy Transfer Equity, L.P. stated that despite recent turmoil in the world energy and financial markets, it is confirming its merger proposal, under which ETE would acquire all of the outstanding common stock of The Williams Companies, Inc. (WMB) (“Williams” or “WMB”) at a fixed exchange ratio of 0.9358 ETE Corp shares for each Williams share, representing a 32.4% premium to the Williams common share closing price as of June 19, 2015, based on ETE’s unit price on the same date.
Despite comments made by Williams administration to research analysts and WMB stockholders, ETE continues to be open to engaging in the planned alternatives process declared by Williams, but only if it is fair and evenhanded and is not designed to disadvantage ETE (and ultimately WMB shareholders) or unduly restrict ETE’s ability to pursue the projected transaction.
Regardless of whether ETE take parts in the Williams process, ETE is ready to provide confidential information to WMB without material restrictions so that WMB and its Board can understand what ETE believes to be the truly unique and compelling investment and return characteristics accessible to the Williams stockholder from this combination.
Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). It operates through four segments: Crude Oil Pipelines, Crude Oil Acquisition and Marketing, Terminal Facilities, and Products Pipelines. The Crude Oil Pipelines segment transports crude oil primarily in Oklahoma and Texas. It contains about 5,300 miles of crude oil trunk pipelines, in addition to about 500 miles of crude oil gathering lines.
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