Search
Friday 1 May 2015
  • :
  • :

Stocks That Dipped Yesterday: Scorpio Tankers (NYSE:STNG), Amedica Corporation (NASDAQ:AMDA), The Western Union (NYSE:WU), Realty Revenue (NYSE:O)

On Monday, Scorpio Tankers Inc (NYSE:STNG)’s shares dwindled -3.26%, and closed at $9.21, as Scorpio Tankers Inc (NYSE:STNG), declared that it has taken delivery of three new building vessels.

The Corporation took delivery of the following vessels:

  • STI Pontiac, an MR product tanker, was delivered from Hyundai Mipo Dockyard of South Korea in March 2015. Upon delivery, this vessel began a time charter for up to 120 days at about $18,200 per day.
  • STI Manhattan, an MR product tanker, was delivered from SPP Shipbuilding of South Korea in March 2015. Upon delivery, this vessel began a time charter for up to 120 days at about $19,600 per day.
  • STI Winnie, an LR2 product tanker, was delivered from Daewoo Shipbuilding and Marine Engineering in March 2015. Upon delivery, this vessel began a voyage for 55 days at about $33,500 per day.

Scorpio Tankers Inc., together with its auxiliaries, engages in the seaborne transportation of refined petroleum products and crude oil worldwide. As of March 31, 2015, it owned 67 tankers comprising 11 LR2 tanker, 2 LR1 tankers, 15 Handymax tankers, 39 MR tankers with an average age of 1.1 years; and time charters-in 20 product tankers, counting 5 LR2, 5 LR1, 3 MR, and 7 Handymax tankers.

Amedica Corporation (NASDAQ:AMDA)’s shares dropped -3.23%, and settled at $0.30, during the last trading session on Monday, as Amedica Corporation (NASDAQ:AMDA), declared its predictable participation in the following investor conference:

14th Annual Needham Healthcare Conference

Tuesday, April 14, 2015

9:20 AM Eastern Time

New York, NY

Dr. Sonny Bal, Chairman and CEO, will conduct a formal presentation and take part in one-on-one meetings.

Amedica Corporation, a commercial-stage biomaterial company, develops, manufactures, and sells a range of medical devices based on its silicon nitride technology platform in the United States, Europe, and South America.

At the end of Monday’s trade, The Western Union Corporation (NYSE:WU)’s shares dipped -3.20%, and closed at $20.24, formerly on March 23, Western Union Business Solutions (WUBS), a division of The Western Union Corporation (WU), in conjunction with Hyperwallet, recently declared the launch of a new global mass payments product. This new product integrates key strengths of each corporation that come together to assist change the way large volumes of business-to-consumer payments are made.

“Western Union has one of the most comprehensive payments ecosystems in the world, connecting businesses and consumers with financial choice. Whether they want to send one or a million payments to a bank account or cash location, we have a solution,” said Kerry Agiasotis, president, Western Union Business Solutions. “By integrating our payments ecosystem with Hyperwallet’s platform, we have enabled a mass payment product that will assist change how global payments are made recently, while assisting meets the rigorous compliance demands faced when making global payments.”

The Western Union Business Solutions mass payments product delivers on Western Union’s and Hyperwallet’s shared vision for providing a platform where payors and recipients have full visibility and certainty of their payments, while providing a best-in-class end-user experience.

The Western Union Corporation provides money movement and payment services worldwide. The corporation operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-Consumer segment offers cash money transfer services involving walk-in agent locations.

Realty Revenue Corp (NYSE:O), ended its Monday’s trading session with -2.86% loss, and closed at $50.56, as Realty Revenue Corp (NYSE:O), The Monthly Dividend Corporation®, declared that a public offering of 5,500,000 shares of the corporation’s ordinary stock has been priced at a public offering price of $50.51 per share, and is predictable to close April 10, 2015. Net proceeds from the offering, after underwriting discounts, will be about $276.7 million. The offering was upsized from an original amount of 5,000,000 shares to the final offering size of 5,500,000 shares.

The corporation anticipates to use the net proceeds from the offering to repay borrowings under its $1.5 billion attainment credit facility which is generally used to fund real estate attainments.

Realty Revenue Corporation is a publicly traded real estate investment trust. It invests in the real estate markets of the United States. The firm makes investments in commercial real estate. Realty Revenue Corporation was founded in 1969 and is based in Escondido, California.

DISCLAIMER:

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.




Leave a Reply

Your email address will not be published. Required fields are marked *