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Thursday 20 August 2015
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Pre-Market Stocks Roundup: Viavi Solutions (NASDAQ:VIAV), California Resources (NYSE:CRC), Medtronic (NYSE:MDT), ENSCO (NYSE:ESV)

On Tuesday, Viavi Solutions Inc (NASDAQ:VIAV)’s shares declined -0.18% to $5.64.

Viavi Solutions Inc. (NASDAQ: VIAV) a Delaware corporation (“Viavi”) is hereby providing notice following that certain Indenture, dated as of August 21, 2013, pertaining to Viavi’s 0.625% Senior Convertible Debentures due 2033 (as amended or supplemented, the “Indenture”) of an adjustment of the Conversion Rate under the Indenture. This notice is being delivered following Section 10.06(k) of the Indenture. Capitalized terms not defined herein shall have the meanings ascribed to them in the Indenture.

Viavi Solutions Inc. engages in the network enablement, service enablement, and optical security and performance products businesses. Its software and hardware platforms and instruments deliver end-to-end visibility across physical, virtual, and hybrid netoperates. The company offers network and service enablement solutions that enable the design, development, deployment, and maintenance of communication equipment and netoperates. Its product portfolio comprises of test tools, platforms, microprobes, software, and services for wireless and fixed netoperates.

California Resources Corp (NYSE:CRC)’s shares gained 0.52% to $3.86.

California Resources Corporation (CRC) declared that its Board of Directors has approved a quarterly dividend of 1 cent per share, payable October 15, 2015 to stockholders of record at the close of business on September 10, 2015. The current annualized rate would be $0.04 per share.

California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in about 2.4 million net acres. It also gathers, processes, and markets oil and gas products, in addition to produces and sells power. The company is headquartered in Los Angeles, California.

At the end of Tuesday’s trade, Medtronic PLC (NYSE:MDT)‘s shares dipped -0.83% to $78.09.

Medtronic plc (MDT) declared the launch of its Entrust(TM) delivery system in the United States. The new Entrust delivery system enables physicians to place Medtronic`s EverFlex(TM) self-expanding peripheral stent, while maintaining a low profile and providing the ease of a one-handed device.

The Entrust delivery system provides control and precision with its 5 F triaxial delivery system and its distinctive combination of features, counting 0.035″ guidewire compatibility, longer catheter lengths, and a broad stent matrix. The Entrust delivery system uses the EverFlex stent, which has been clinically proven to be safe and effective in treating long, complex and highly calcified lesions.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators, implantable cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, and peripheral vascular intervention products.

ENSCO PLC (NYSE:ESV), ended its Tuesday’s trading session with 0.48% gain, and closed at $16.83.

Ensco plc (ESV) declared that its Board of Directors has declared a regular quarterly cash dividend of US$0.15 per Class A ordinary share payable on 18 September 2015. The ex-dividend date for this payment is predictable to be 2 September 2015, with a record date of 4 September 2015.

Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jackups, and Other. The company owns and operates offshore drilling rig fleet of 70 rigs, counting 10 drillships, 13 semisubmersible rigs, 5 moored semisubmersible rigs, and 42 jackup rigs located in North and South America, the Middle East and Africa, the Asia Pacific rim, Europe and the Mediterranean, and Brazil. It also offers administration services on rigs owned by third-parties.

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