On Friday, TCF Financial Corporation (NYSE:TCB)’s shares inclined 3.32% to $16.51.
TCF Financial Corporation (TCB) declared a comprehensive rebranding of the financial services company, including a new logo, branded materials and advertising. The rebrand aligns TCF’s businesses in retail and commercial banking, commercial leasing, equipment finance, auto finance and inventory finance around an integrated brand package and messaging. The rebrand is backed by an investment in new technology-driven banking experiences, new and enhanced products, and a renewed commitment to customer satisfaction.
TCF will debut its new logo and brand image to the public starting June 1 through an integrated “In Rhythm with” campaign for TCF Bank, featuring relatable, memorable stories that bring to life TCF’s renewed commitment to the customer. The advertising campaign encompasses a series of relatable situations with iconic songs that personify TCF’s new brand and connect with consumers on an emotional level.
TCF’s new brand and TCF Bank’s new “In Rhythm with” advertising campaign were created by agency-of-record Periscope. The “In Rhythm” TV ads were directed by Christian Sorensen Hansen at Society in Los Angeles and edited by Channel Z in Minneapolis.
TCF Financial Corporation operates as the bank holding company for TCF National Bank that provides various retail and commercial banking products and services. The companys Lending segment offers retail lending services, counting consumer loans for personal, family, and household purposes, such as home purchases, debt consolidation, and financing of home improvements.
PBF Energy Inc (NYSE:PBF)’s shares gained 3.85% to $26.96.
PBF Energy Inc (PBF) declared that its Toledo refinery has practiced an unplanned shutdown of its Fluid Catalytic Cracking Unit (“FCC”) due to a compressor malfunction. We expect the FCC to be out of service for about two to three weeks. We are ongoing to monitor the situation in order to properly assess the economic impact of the unplanned downtime. The refinery continues to operate its unaffected units at reduced rates and anticipates total throughput for the second quarter to be about 130,000 to 140,000 barrels per day. Full-year throughput for the Toledo refinery is predictable to be 145,000 to 155,000 barrels per day.
PBF Energy Inc., together with its auxiliaries, engages in the refining and supply of petroleum products. It produces gasoline, ultra-low-sulfur diesel, heating oil, jet fuel, lubricants, petrochemicals, and asphalt, in addition to unbranded transportation fuels, heating oil, petrochemical feedstocks, and other petroleum products.
At the end of Friday’s trade, Midway Gold Corp (USA) (NYSEMKT:MDW)‘s shares dipped -12.83% to $0.0700.
Midway Gold Corp (USA) (MDW) associate MDW Pan LLP, as borrower reached a credit agreement (the “Credit Agreement”) with Commonwealth Bank of Australia (“CBA”), as administrative agent, collateral agent and the initial lender for the purpose of establishing an aggregate U.S.$55 million senior secured credit facility comprising of, (i) a U.S.$45 million project finance facility (“Project Finance Facility”) and (ii) a U.S.$10 million cost overrun facility (the “Overrun Facility” together with the Project Finance Facility is collectively referred to herein as, the “Debt Facility”). The Debt Facility (which was reduced to U.S.$53 million as a result of a Credit Agreement amendment to reduce the Project Finance Facility to U.S.$43 million in December 2014) is secured by substantially all of the assets of the borrower (MDW Pan LLP, a wholly-owned partner of the Company, and the owner of the Pan project and related assets) and all other entities of the merged group. MDW PAN LLP has drawn U.S.$47.5 million under the Debt Facility. MDW PAN LLP also terminated its forward gold sales, interest rate swaps and fuel hedges that were part of the Risk Administration Program under the Debt Facilities. The termination of these programs resulted in a obligation of about U.S.$1.1 million due by June 30, 2015.
Midway Gold Corp. engages in the acquisition, exploration, and development of gold and silver mineral properties in North America. The company holds interest in the Pan and Gold Rock Projects located along the prolific Battle Mountain/Eureka gold trend; the Spring Valley property, which is located in the Spring Valley Mining District, Pershing County, Nevada.
News Corp (NASDAQ:NWSA), ended its Friday’s trading session with 0.03% gain, and closed at $15.00.
Harlequin is a division of HarperCollins Publishers, itself a partner of News Corp (NWSA). Harlequin and HarperCollins Publishers recently declared the launch of Harlequin Audio, a new imprint that will produce audio versions of Harlequin titles. The imprint will release its first titles on June 30, 2015.
Harlequin Audio, in conjunction with HarperAudio, will work directly with digital audio distributors to provide full distribution to the retail and library markets. Furthermore, Harlequin Audio will distribute physical CD versions of all titles through relationships with Blackstone Audio and Midwest Tape.
In its first year, Harlequin Audio plans to release 200 titles, counting audios from bestselling authors Robyn Carr, Debbie Macomber, Shannon Stacey, Marie Force, Pam Jenoff and Maisey Yates. All titles will be accessible in the retail and library space.
News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. The company operates through News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Digital Education segments.
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