On Thursday, Baidu Inc (ADR) (NASDAQ:BIDU)’s shares declined -0.85% to $197.03.
Baidu Inc (ADR) (BIDU) declared the pricing of its public offering of US$1.25 billion aggregate principal amount of its notes. The public offering comprises of US$750 million of 3.000% notes due 2020 and US$500 million of 4.125% notes due 2025. The notes have been registered under the U.S. Securities Act of 1933, as amended, and are predictable to be listed on the Singapore Exchange Securities Trading Limited.
The Company anticipates to receive net proceeds from the offering of about US$1.24 billion, after deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes.
The joint bookrunners of the offering are Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities LLC.
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries. \
Skyworks Solutions Inc (NASDAQ:SWKS)’s shares gained 0.90% to $104.85.
Skyworks Solutions Inc (SWKS) declared that its Board of Directors has declared a cash dividend of $0.26 per share of the Company’s common stock, representing a 100 percent enhance from the prior quarterly dividend of $0.13 per share. Based on the closing price of Skyworks’ stock on June 17, 2015, the raised dividend represents roughly a one percent yield, or $1.04 per share on an annualized basis. The dividend is payable on August 27, 2015, to stockholders of record as of the close of business on August 6, 2015.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.
At the end of Thursday’s trade, NextEra Energy Inc (NYSE:NEE)‘s shares surged 1.82% to $100.23.
Silagy has been with FPL and its parent company NextEra Energy Inc (NEE), Florida Power & Light Company (FPL) declared that its President and Chief Executive Officer Eric Silagy has been designated to the U.S. Chamber of Commerce Board of Directors for a two-year term. Silagy joins an influential group of 100 business leaders who champion the interests of more than 3 million businesses of all sizes, sectors and regions.
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
Family Dollar Stores, Inc. (NYSE:FDO), ended its Thursday’s trading session with 0.21% gain, and closed at $79.35.
Family Dollar Stores, Inc. (FDO) declared in connection with its projected acquisition by Dollar Tree, Inc. (“Dollar Tree”) that Family Dollar and Dollar Tree signed a contract Containing Consent Orders projected by the staff of the U.S. Federal Trade Commission (“FTC”). The agreement comprises a draft Decision and Order, which remains subject to acceptance and final approval by the FTC Commissioners, and would permit Dollar Tree to acquire Family Dollar subject to an obligation to complete the divestiture of 330 Family Dollar stores within a specified period following the closing of the acquisition of Family Dollar. As formerly declared by Dollar Tree, Dollar Tree has reached an agreement to divest these 330 Family Dollar stores to Sycamore Partners. Dollar Tree has informed Family Dollar that Dollar Tree intends to close its acquisition of Family Dollar shortly after the FTC accepts the Decision & Order for public comment and continues to expect the closing to occur in early July 2015.
Family Dollar Stores, Inc. operates a chain of general merchandise retail discount stores primarily for low- and middle-income consumers in the United States. Its merchandise assortment comprises consumables, such as batteries, diapers, food products, hardware and automotive supplies, health and beauty aids, household chemicals, paper products, pet food and supplies, and tobacco; and home products, counting blankets, sheets, towels, giftware home décor products, and housewares.
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