On Friday, Shares of 2U Inc (NASDAQ:TWOU), gained 1.29% to $35.21.
2U, Inc. declared the pricing of its formerly declared public offering of 3,500,000 shares of its common stock at a price to the public of $34.00 per share. A total of 3,100,000 shares are being offered by the Company and 400,000 shares are being offered by the selling stockholders named in the registration statement (the “selling stockholders”). The offering is predictable to close on or about September 30, 2015, subject to customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to 525,000 additional shares of common stock from the Company at the public offering price.
The Company anticipates to receive gross proceeds of about $105,400,000. The proceeds of the offering will be used by the Company for general corporate purposes, counting expenditures for program marketing, sales, technology, and content development, in connection with new program launches and growing existing programs. The Company will not receive any proceeds from shares of common stock to be sold by the selling stockholders.
2U, Inc. provides cloud-based software-as-a-service (SaaS) solutions for nonprofit colleges and universities to deliver education to qualified students. Its cloud-based SaaS platform solutions comprise online campus, an online learning platform that enables its clients to offer educational content together with instructor-led classes in a live, intimate, and engaging setting through proprietary Web-based and mobile applications; and content administration system, which enables its clients to author, review, and deploy asynchronous content into their online programs.
Shares of Crown Castle International Corp (NYSE:CCI), inclined 2.57% to $78.75, during its last trading session.
Crown Castle International Corp., declared that the quarterly dividend on its 4.50% Mandatory Convertible Preferred Stock (“Preferred Stock”) will be paid on November 2, 2015 to holders of record on October 15, 2015. The dividend will be paid in cash at a rate of $1.125 per share of Preferred Stock.
Crown Castle International Corp., together with its auxiliaries, owns, operates, and leases shared wireless infrastructure in the United States and Australia. The company provides towers and other structures, such as rooftops; and distributed antenna systems, a type of small cell network (small cells).
At the end of Friday’s trade, Shares of Columbia Pipeline Group Inc (NYSE:CPGX), lost -2.01% to $18.99.
Columbia Pipeline Group, Inc. and Columbia Pipeline Partners LP (together, “Columbia”) , declared that their partner, Columbia Gas Transmission, LLC received notification that its Mountaineer XPress Project (“MXP”) was accepted into pre-filing by the Federal Energy Regulatory Commission (“FERC”). (Docket number PF15-31)
Columbia plans to formally file its application with the FERC for MXP and Gulf XPress (“GXP”) in April 2016.
The approximate $2 billion MXP project will comprise the construction of roughly 165 miles of natural gas pipeline from Marshall County to Wayne County, West Virginia. It will create about 2.7 billion cubic feet per day of firm transportation capacity from existing and new points of receipt along or near Columbia Transmission’s system, providing producers in the Marcellus and Utica shale areas new transportation options to move gas out of the capacity-constrained supply basin and into the interstate market.
Columbia Pipeline Group, Inc., together with its auxiliaries, owns, operates, and develops a portfolio of pipelines, storage, and related midstream assets. It owns about 15,000 miles of interstate gas pipelines from New York to the Gulf of Mexico; and natural gas storage systems with about 300 million dekatherms (MMDth) of working gas capacity, in addition to related gathering and processing assets.
Finally, Discovery Communications Inc. (NASDAQ:DISCA), ended its last trade with 0.69% gain, and closed at $27.84.
The Healthy Weight Commitment Foundation awarded curriculum grants and training valued at $1,000 each to 23 Head Start programs across the country as part of its Smart from the Start program. Thanks to these grants, 18,000 at-risk children ages 3-5, will learn about the importance of a healthy diet and physical activity at school.
Each winner will receive 25 printed copies of the Healthy Weight Commitment Foundation’s Pre-K curriculum, created by Discovery Education, the leading provider of digital content and professional development for K-12 classrooms, and a set of story books aligned with the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC). The Smart from the Start curriculum, was launched in 2013 with a Commitment to Action to the Clinton Global Initiative to improve wellness among pre-K children across the country. This commitment will be renewed at the 2015 CGI Annual Meeting and is expanded to comprise new partners.
The winners will also take part in training through Penn State’s Better Kid Care online training system that will be available in early 2016. Teachers can earn professional development credit upon completion of the training. Penn State will also evaluate the efficacy of Smart from the Start.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. The company owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
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