On Thursday, Shares of Aetna Inc. (NYSE:AET), surged 3.16% to $109.43.
Aetna, declared a partnership to create an oncology medical home that is designed to improve the care experience for cancer patients. Within an oncology medical home model, teams of cancer specialists collectively provide for a patient’s health care when he or she has a cancer diagnosis. The model will give Moffitt the responsibility to arrange for appropriate care that is continuous and proactive.
The model is part of a planned direction to transition from fee-for-service medicine to value-based payment. Value-based arrangements are emerging as a solution to address rising health care costs, clinical inefficiency and duplication of services, and to make it easier for people to get the care they need. In value-based models, doctors and hospitals are paid for assisting keep people healthy and for improving the health of those who have chronic conditions in an evidence-based, cost-effective way.
Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit administration services, dental, behavioral health, and vision plans on an insured basis, and an employer-funded or administrative basis.
Shares of Coach, Inc. (NYSE:COH), gained 2.99% to $43.01, during the last trading session on Thursday.
Crocs, Inc. (CROX), declared that Ian Bickley, president of Coach’s (COH) (6388.HK) International Group, has been designated to its board of directors. The company also declared that its longest-standing director, Ray Croghan, retired from the company’s board. Both changes are effective April 14, 2015.
Bickley brings more than 25 years of global retail and brand building experience to Crocs’ board. Since joining Coach in 1993, he has been an important architect in the development and execution of the company’s international businesses, both through direct retail, wholesale and distributor-run businesses. He has also overseen the development of all new and emerging markets globally for the brand. Preceding to his current position, Bickley was president of Coach International from 2007 to 2013. From 2001 to 2006, He served as president of Coach Japan, Inc.
Since joining the Crocs board of directors in 2004, Croghan has supported the company’s evolution as an innovative global casual footwear leader. To-date, Crocs has sold more than 300 million pairs of shoes in more than 90 countries. Croghan’s leadership and insights were integral to the brand’s growth, counting assisting it reach more than $1 billion in sales in 2011.
Coach, Inc. provides luxury accessories and lifestyle collections for women and men in the United States and internationally. It offers handbags, money pieces, wristlets, rings, charms, and cosmetic cases for women; and business cases, computer bags, messenger-style bags, totes, wallets, card cases, and belts, in addition to time administration and electronic accessories for men.
At the end of Thursday’s trade, Shares of Gulfport Energy Corp. (NASDAQ:GPOR), gained 2.81% to $51.50.
Gulfport Energy, declared that it has priced at par an offering of $350 million aggregate principal amount of its 6.625% Senior Notes due 2023. This represents a $50 million raise in the size of the offering from $300 million principal amount declared at the launch on April 15, 2015. The Notes are being sold to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will be issued under a new indenture and will rank equally with Gulfport’s formerly issued senior notes and other senior indebtedness. The Notes offering is predictable to close on April 21, 2015, subject to customary closing conditions. Net proceeds to Gulfport from the sale of the Notes will be about $343.6 million. Gulfport anticipates to use the net proceeds of the Notes offering, together with the net proceeds from its concurrent equity offering, (i) to fund its formerly declared pending acquisition of Paloma Partners III, LLC, (ii) to repay the current outstanding borrowings under its secured revolving credit facility and (iii) for general corporate purposes, counting the funding of a portion of its 2015 capital development plans.
The Notes will be general unsecured senior obligations of Gulfport, will be guaranteed on a senior unsecured basis by certain of Gulfport’s auxiliaries and will pay interest semi-annually.
The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.
Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale primarily in Eastern Ohio; Louisiana Gulf Coast in the West Cote Blanche Bay; and Hackberry fields.
Finally, Endurance International Group Holdings, Inc. (NASDAQ:EIGI), ended its Thursday’s trading session with 2.65% gain, and closed at $22.86, hitting its highest level.
Endurance International Group Holdings, declared that it will release its 2015 first quarter financial results on Tuesday, May 5, 2015 at 7:00 a.m. Administration will hold a conference call and webcast on that day at 8:00 a.m. EDT to talk about the Company’s financial results. A prepared presentation to accompany the conference call will be posted on the investor relations web site preceding to the call.
Endurance International Group Holdings, Inc., together with its auxiliaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide.
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