On Thursday, Catamaran Corp (USA) (NASDAQ:CTRX)’s shares showed no change to $61.15.
Catamaran Corp. ( CTRX), a leading provider of pharmacy benefit administration (PBM) services and technology, and Health New England, Inc. (HNE), a health maintenance organization in Massachusetts, recently declared one-year results from Catamaran’s Hospital Transition Program, which dramatically reduced HNE’s hospital readmission rates and raised medication adherence.
Prior to implementing Catamaran’s Hospital Transition Program, HNE evaluated its commercial members that were re-admitted to a hospital within 30 days of discharge and found that 30 percent of those patients were taking more than six chronic medications simultaneously. This finding made implementing a program that promoted medication adherence critically important to assisting these members stay out of the hospital.
Catamaran Corporation provides pharmacy benefit administration (PBM) services and healthcare information technology (HCIT) solutions to the healthcare benefits administration industry in North America. The company operates in two segments, PBM and HCIT. The PBM services comprise electronic point-of-sale pharmacy claims administration, retail pharmacy network administration, mail and specialty pharmacy claims administration, Medicare Part D services, benefit design consultation, preferred drug administration programs, drug review and analysis, consulting services, data access, and reporting and information analysis. It owns and operates a network of mail and specialty pharmacies.
VAALCO Energy, Inc. (NYSE:EGY)’s shares gained 5.20% to $2.12.
VAALCO Energy, Inc. (EGY) declared that Cary Bounds will join VAALCO as Chief Operating Officer effective July 6, 2015.
Mr. Bounds is a petroleum engineer and has almost 25 years of domestic and international asset administration, business development, planning and technical engineering experience at large, multinational energy companies in addition to at mid-sized and larger independent E&P companies.
From 2010 until joining VAALCO, Mr. Bounds was employed with Noble Energy where he held upstream positions in international assets administration, counting Business Unit Manager, Equatorial Guinea Assets, and Country Manager, North Sea. Prior to Noble, he held a variety of administration and engineering positions with companies counting SM Energy where he was Engineering Manager for their Gulf Coast and Permian assets, and at Dominion Energy & Minerals where he was Manager of Business Analysis and Corporate Development, Planning Manager, and Reservoir Engineering Supervisor. He began his career at ConocoPhillips in 1991 as a production engineer.
Mr. Bounds holds a Bachelor of Science degree in Petroleum Engineering from Texas A&M University and is a resident of Houston.
VAALCO Energy, Inc., an independent energy company, acquires, explores for, develops, and produces crude oil and natural gas in the United States. The company owns producing properties and conducts exploration activities as an operator of consortiums internationally in Gabon and Angola, in addition to conducts exploration activities as a non-operator in Equatorial Guinea, West Africa. It also acts as the operator of unconventional resource properties in North Texas and a lease hold in Montana; and owns minor interests in conventional production activities as a non-operator.
At the end of Thursday’s trade, AerCap Holdings N.V. (NYSE:AER)‘s shares dipped -0.33% to $45.64.
AerCap Holdings N.V (AER) declared the completion of the secondary public offering of 71,184,686 of its ordinary shares by American International Group, Inc. (the “Selling Shareholder”) at a price to the public of $49.00 per ordinary share. In connection with the underwritten offering, the Selling Shareholder also granted the underwriters a 30-day option to purchase up to an additional 10,677,702 ordinary shares. AerCap will not receive any proceeds from the sale of the ordinary shares. AerCap also accomplished its formerly declared repurchase of 15,698,588 of its ordinary shares from the Selling Shareholder for $750 million.
Citigroup and Goldman, Sachs & Co. are serving as global coordinators and joint book running managers, and J.P. Morgan, Morgan Stanley & Co. LLC and UBS Investment Bank are serving as joint book running managers for the underwritten offering.
The Company has filed a registration statement (counting a prospectus) on Form F-3 with the SEC for the underwritten offering to which this communication relates. The registration statement automatically became effective upon filing on March 31, 2015. Investors should read the accompanying prospectus dated March 31, 2015, the prospectus supplement regarding the offering dated June 3, 2015 and other documents the Company has filed with the SEC for more complete information about the Company and this offering. These documents may be obtained for free by visiting EDGAR on the SEC`s website at www.sec.gov.
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews. Its aircraft asset administration services also comprise periodically inspecting the leased aircraft; coordinating technical modifications to aircraft to meet new lessee requirements; conducting restructurings negotiations in connection with lease defaults; repossessing aircraft; arranging and monitoring insurance coverage; registering and de-registering aircraft; arranging for aircraft and aircraft engine valuations; and providing market research services 0.08% gain, and closed at $94.29.
Omnicare, Inc. (OCR) (the “Company”) declared recently that, for the period from June 15, 2015 to September 14, 2015, its Series A and Series B Trust Preferred Income Equity Redeemable Securities (NYSE:OCR.PRA and OCR.PRB) (the “Trust PIERS”) will, subject to the terms of the Trust PIERS, accrue contingent interest at a rate of 0.125% of the average trading price of the Trust PIERS for the five trading days ended June 11, 2015, in addition to the continued accrual of regular cash interest. As formerly declared, the Trust PIERS have accrued and paid contingent interest (ranging from $0.07 to $0.11 per $50 stated liquidation amount of Trust PIERS) for each quarterly interest period since June 2013.
Contingent cash interest, which Omnicare has determined to be about $0.145 per $50 stated liquidation amount of Trust PIERS for the current interest period, will be payable to holders of the Trust PIERS as of the record date of September 14, 2015. The payment of contingent cash interest is predictable to be made on September 15, 2015.
Contingent cash interest, which Omnicare has determined to be about $0.145 per $50 stated liquidation amount of Trust PIERS for the current interest period, will be payable to holders of the Trust PIERS as of the record date of September 14, 2015. The payment of contingent cash interest is predictable to be made on September 15, 2015. Omnicare, Inc. operates as a healthcare services company that specializes in the administration of pharmaceutical care in the United States. The company’s Long-Term Care Group segment offers pharmaceuticals, and related pharmacy and ancillary services to long-term care facilities; and chronic care facilities and other settings.
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