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Tuesday 23 June 2015
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Pre-Market Stocks Recap: Rex Energy (NASDAQ:REXX), Time Warner Cable (NYSE:TWC), Kroger (NYSE:KR), TECO Energy, (NYSE:T)

On Thursday, Rex Energy Corporation (NASDAQ:REXX)’s shares declined -6.00% to $4.78.

Rex Energy Corporation (REXX) declared that it has accomplished its offer to exchange up to $325 million aggregate principal amount of its 6.250% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”), for up to $325 million of its outstanding 6.250% Senior Notes due 2022, which were formerly issued in private placements (the “Private Notes”).

The Company received and accepted tenders of 100% of the Private Notes that were outstanding. The Exchange Notes contain substantially identical terms to the Private Notes.

Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins .

Time Warner Cable Inc (NYSE:TWC)’s shares gained 0.07% to $179.23.

Time Warner Cable Inc (TWC) declared that Michelle Kadlacek and Laurie Harvey have been named to the CRN 2014 Women of the Channel list, recognized as two of this year’s Power 100. The annual Women of the Channel list highlights the accomplishments of female executives within vendor, distribution, and solution provider organizations, and the impact they are having on the advancement of the IT Reseller industry. This year, the Power 100 spotlights those female executives at vendor and distributor organizations whose insight and influence in their respective companies assist drive channel success.

As Senior Director, Partner Channel, Michelle Kadlacek has been instrumental in the company’s strategy to develop deeper relationships with TWCBC’s selling partners and retooling its channel administration team to give more specialized focus by partner type. As a result, the company achieved an enhance in sales production and overall partner satisfaction.

Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. The Residential Services segment offers video services, counting video on demand, digital video recorder, and start over and look back services; high-speed data services that comprise communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise unlimited calling in the United States, Canada, Puerto Rico, and Mexico; and IntelligentHome, a security and home administration service.

At the end of Thursday’s trade, Kroger Co (NYSE:c)‘s shares surged 0.69% to $71.78.

Kroger Co (KR) the largest public company in Ohio, named Fred Morganthall a senior vice president of retail divisions for the grocer.

Morganthall, 63, is presently president of Harris Teeter Supermarkets Inc., the wholly owned partner of Kroger (NYSE: KR) that is headquartered in Matthews, N.C. He has been president of Harris Teeter since 1997.

In 1978, Morganthall began his career in grocery retail at Spartan Stores in Grand Rapids, Mich. He joined Harris Teeter in 1986 as director of grocery merchandising, going on to serve in several key leadership positions.

With Morganthall’s move, Rod Antolock, presently Harris Teeter’s executive vice president, has been named president of Harris Teeter. Antolock, 56, has served as executive vice president since 2012, and has been responsible for merchandising, operations, marketing, human resources, loss prevention, store development, quality assurance, distribution and manufacturing.

The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores.

TECO Energy, Inc. (NYSE:T), ended its Thursday’s trading session with 0.56% gain, and closed at $17.97.

TECO Energy, Inc. (T)’s* new Plano store will be some of the first to experience a shopping transformation. The new store at 3300 Dallas Parkway is designed so they can explore and interact with the latest technology.

Customers can check out solutions, devices and accessories across three unique “zones” – the Connected Experience Zone, the Community Zone, and the Explore Zone.

  • Connected Experience Zone:“lifestyle vignettes” show how products can be used everyday. It highlights music, home security, entertainment and more.
  • Community Zone:visitors can shop and play at interactive “community tables.” It displays apps, accessories and devices so customers can see how they can work together.
  • Explore Zone: “explore walls” show a variety of AT&T’s devices and accessories next to digital monitors explaining how they work.

AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

 




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