During Thursday’s current trade, General Electric Corporation (NYSE:GE)’s shares gained 0.26%, and is now trading at $25.08, after GE Antares, a unit of GE Capital, declared it is serving as administrative agent on a $138 million senior secured credit facility to support the attainment of Bendon, Inc. by Irving Place Capital (IPC). GE Capital Markets served as joint lead arranger and joint book runner on this facility.
“GE Antares’ willingness to underwrite the full commitment and their large hold position made them an excellent financing partner on this transaction,” said John Howard, CEO at IPC. “We continue to benefit from our relationships with the GE Antares team.”
“A proven market leader, Bendon is a welcome addition to the GE Antares portfolio,“ said Gina Provenzale, senior vice president of GE Antares. “Bendon’s longstanding relationships with their customers and product innovation position them for continued growth, organically and through attainments. We look forward to supporting administration and IPC going forward.”
General Electric Corporation (GE) operates as an infrastructure and financial services corporation worldwide. The corporation’s Power and Water segment offers gas, steam and aero derivative turbines, nuclear reactors, generators, combined cycle systems, controls, and related services; wind turbines; and water treatment services and equipment. It’s Oil and Gas segment provides surface and subsea drilling and production systems, equipment for floating production platforms, compressors, turbines, turbo expanders, reactors, industrial power generation, and auxiliary equipment.
Twitter Inc (NYSE:TWTR)’s shares declined -0.85% during the current trading session Thursday’s, and is now trading at $51.86, as Twitter wants users to discover the best content. On Wednesday, the corporation said the namesake tool built to do just that is being stepped down.
In its place, the corporation is rolling out a new feature for its mobile app that highlights trending topics, part of Twitter’s ongoing effort to assist users find timely and interesting tweets.
On the other hand, Twitter faces Google buyout rumors once again.
According to Los Angeles Times, Every few months or so, Twitter becomes the subject of a fresh round of takeover speculation. This time, Google is once again said to be trying to buy the Microblogging Corporation. Neither corporation has commented.
The latest chatter began when Briefing.com, a live market analysis firm, indicated that Twitter had hired Goldman Sachs to fend off two possible takeover attempts, one of them from Google.
Years ago, Twitter turned down takeover offers from Google and Facebook, intending to compete with them for users and advertising dollars. A couple years ago, unsubstantiated rumors swirled around Apple’s interest.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos. The corporation also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends that enable its advertisers to promote their brands, products, and services; and subscription access to its data feed for data partners.
In an morning trade, Talisman Energy Inc. (USA) (NYSE:TLM)’s shares climbed 1.48%, and is now trading at $7.89, as Talisman Energy Inc. (USA) (TLM), stated that the corporation has declared a dividend on the corporation’s ordinary shares of US$0.1125 per share. The dividend will be paid on April 29, 2015 to shareholders of record at the close of business on April 20, 2015.
This is the dividend which was formerly anticipated to be declared proceeding to completion of the corporation’s arrangement transaction with Repsol S.A. The completion of the arrangement remains subject to the receipt of required regulatory approvals and other customary closing conditions. The completion of the arrangement is still anticipated to occur in the second quarter of 2015.
Talisman Energy Inc., an upstream oil and gas corporation, engages in the exploration, development, production, transportation, and marketing of crude oil, natural gas, and natural gas liquids. It holds interests in various oil and gas properties located in Canada, the United States, Indonesia, Malaysia, Vietnam, Papua New Guinea, the United Kingdom, Norway, Algeria, Colombia, and the Kurdistan Region of Iraq, in addition to in Australia/Timor-Leste.
Microsoft Corporation (NASDAQ:MSFT), during its Thursday’s current trading session picked up 0.24%, and is now trading at $41.52, after the following news that Microsoft Corporation (MSFT), will publish fiscal year 2015 third-quarter financial results after the close of the market on Thursday, April 23, 2015 on the Microsoft Investor Relations website at http://www.microsoft.com/investor.
The corporation will also host the following event for the financial community:
- Microsoft Financial Analyst Briefing 2015
- Wednesday, April 29, 2015
- 2:00 p.m. Pacific Time
- Microsoft senior administration
Microsoft Corporation develops, licenses, markets, and supports software, services, and devices worldwide. The corporation’s Devices and Consumer (D&C) Licensing segment licenses Windows operating system and related software; Microsoft Office for consumers; and Windows Phone operating system. Its Computing and Gaming Hardware segment provides Xbox gaming and entertainment consoles and accessories, second-party and third-party video games, and Xbox Live subscriptions; surface devices and accessories; and Microsoft PC accessories.
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