On Thursday, Cowen Group Inc(NASDAQ:COWN)’s shares declined -1.95% to $5.03.
Cowen Group, Inc. (COWN) declared that George Mihalos has joined Cowen and Company’s Equity Research department as a Director to cover payments and financial information stocks. Mr. Mihalos is based in New York and reports to Robert Fagin, Cowen’s Director of Research.
Mr. Mihalos has nine years of equity research experience in the payments and financial information sector. He joins Cowen from Credit Suisse where he was a research analyst, and formerly held similar roles at Bank of America Merrill Lynch and Bear Stearns.
Mr. Mihalos holds a Bachelor in Business Administration degree from Hofstra University.
Cowen’s technology, media and telecommunications equity research team comprises 13 senior analysts whose coverage spans Computer Services & IT Consulting, Digital Media, Internet, Media, Payments & Financial Information, Semiconductor Capital Equipment, Semiconductors, Software, Telecom & Networking Equipment, and Telecom Services.
Cowen Group, Inc. is a publicly owned asset administration holding company. Through its auxiliaries, the firm provides alternative investment administration, investment banking, research, and sales and trading services for its clients. It manages separate client focused portfolio through its auxiliaries.
Axalta Coating Systems Ltd (NYSE:AXTA)’s shares dropped -0.21% to $28.72.
Axalta Coating Systems Ltd. (AXTA) has priced a secondary offering of 30,000,000 of its common shares at $29.75 per share. All of the shares are being offered by certain associates of The Carlyle Group (the “selling shareholders”). The selling shareholders have also granted the underwriters a 30-day option to purchase up to an additional 4,500,000 common shares. Axalta will not receive any proceeds from the offering, counting from any exercise by the underwriters of their option to purchase additional common shares.
Citigroup, Goldman, Sachs & Co., Deutsche Bank Securities and J.P. Morgan are lead book-running managers for the offering. Additional book-running managers are BofA Merrill Lynch, Barclays, Credit Suisse, Jefferies and UBS Investment Bank. Co-managers are Morgan Stanley, BB&T Capital Markets, Nomura, SMBC Nikko and Academy Securities.
Axalta Coating Systems Ltd., through its auxiliaries, manufactures, markets, and distributes high performance coatings products primarily for the transportation industry. It operates through two segments, Performance Coatings and Transportation Coatings. The Performance Coatings segment offers various waterborne and solventborne products and systems that are used to refinish damaged vehicles for independent body shops, multi-shop operators, and original equipment manufacturer (OEM) dealership body shops.
At the end of Thursday’s trade, SPX Corporation( NYSE:SPW)‘s shares dipped -1.13% to $55.01.
SPX Corporation (SPW) declared David A. Roberts and Dr. Ruth G. Shaw as new members of the Board of Directors for SPX Corporation, effective upon the formerly declared spin-off of SPX FLOW, Inc. which is predictable to be accomplished near the end of the third quarter.
In addition, Mr. Roberts has been elected to serve as Chair of the Compensation Committee and Dr. Shaw has been elected to serve as Chair of the Nominating and Governance Committee.
SPX Corporation provides specialized engineered solutions worldwide. The company operates through two segments, Flow Technology, and Thermal Equipment and Services. The Flow Technology segment designs, engineers, manufactures, and markets products and solutions used to process, blend, filter, dry, meter, and transport fluids with a focus on original equipment installation, counting turnkey and skidded systems, and components, in addition to aftermarket components and support services.
Sinclair Broadcast Group Inc (NASDAQ:SBGI), ended its Thursday’s trading session showed no change, and closed at $25.97.
Sinclair Broadcast Group Inc. (SBGI) declare that its Washington, D.C. news station, WJLA, and its cable news network, News Channel 8, received 13 regional Emmy Awards this year, more than the station has won in the last ten years. The Emmy® Award is the premier television production award presented in the areas of entertainment, news, documentary, and sports programming.
WJLA won awards for best newscast for Daytime, Evening, and Weekend coverage. More importantly, the WJLA news staff was honored with the prestigious ‘Overall Excellence’ Award for their superb reporting and dedication in the newsroom.
Sinclair Broadcast Group, Inc., a diversified television broadcasting company, owns and operates, programs, or provides sales services to television stations in the United States. It broadcasts free over-the-air programming, such as network offered programs, news produced locally, local sporting events, programming from program service arrangements, syndicated entertainment programs, and other locally produced programs.
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