Search
Thursday 15 October 2015
  • :
  • :

Trending Stocks General Scenario Under Consideration - Steelcase Inc. (NYSE:SCS), Cheetah Mobile Inc. (NYSE:CMCM), MarkWest Energy Partners, L.P. (NYSE:MWE), Breitburn Energy Partners L.P. (NASDAQ:BBEP)

On Monday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: Steelcase Inc. (NYSE:SCS), Cheetah Mobile Inc. (NYSE:CMCM), MarkWest Energy Partners, L.P. (NYSE:MWE), Breitburn Energy Partners L.P. (NASDAQ:BBEP)

Steelcase Inc. (NYSE:SCS), with shares inclined 3.61%, closed at $20.36.

Cheetah Mobile Inc. (NYSE:CMCM), with shares jumped 6.05%, settled at $18.59.

MarkWest Energy Partners, L.P. (NYSE:MWE), with shares climbed 5.98%, and closed at $65.

Breitburn Energy Partners L.P. (NASDAQ:BBEP), surged 3.49%, and closed at $6.22.

Latest NEWS regarding these Stocks are depicted underneath:

Steelcase Inc. (NYSE:SCS)

Steelcase Inc. (SCS), will webcast a discussion of its fourth quarter and fiscal year 2015 financial results on Wednesday, March 25, 2015 at 11:00 a.m. ET. Links to the webcast will be accessible at http://ir.steelcase.com and a replay of the webcast will be accessible shortly after the call concludes.

Steelcase Inc. designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products.

Cheetah Mobile Inc. (NYSE:CMCM)

Formerly on March 16, Cheetah Mobile Inc. (CMCM), a leading mobile Internet corporation that provides mission critical applications to assist make the Internet and mobile experience speedier, simpler, and safer for users worldwide, declared that it has reached a definitive contract to attain the entire equity interest in MobPartner, a global mobile advertising corporation, for a total consideration of about $58 million, subject to closing and other adjustments, payable in cash and stock. The transaction is subject to customary closing conditions.

MobPartner offers innovative performance-based mobile marketing products for advertisers and monetization solutions with higher eCPM for publishers. Working with more than 1,500 campaigns in 200 countries and more than 10,000 publishers worldwide, MobPartner has built a leading mobile marketing corporation, reaching more than 200 million mobile users and delivering more than 18 billion impressions per month.

Upon completion of the projected attainment, MobPartner will become a wholly owned partner of Cheetah Mobile, and Djamel Agaoua will continue to lead MobPartner as CEO and take on the role of Senior Vice President at Cheetah Mobile.

Cheetah Mobile Inc. operates a platform that offer mission critical applications for its users and global content distribution channels for its business partners in the People’s Republic of China. The corporation’s mission critical applications optimize Internet and mobile system performance and provide real time protection against known and unknown security threats.

MarkWest Energy Partners, L.P. (NYSE:MWE)

Formerly on March 3, MarkWest Energy Partners, L.P. (MWE), and its partner MarkWest Energy Finance Corporation declared the closing of a public offering of an additional $650 million of 4.875% senior unsecured notes due 2024.

The Partnership anticipates to receive net proceeds from the Additional Notes offering, after deducting underwriting discounts, commissions and offering expenses, of about $653.1 million. The Partnership intends to use a portion of such proceeds to repay borrowings under its revolving credit facility. The Partnership intends to use the remaining net proceeds to fund its capital expenditure program and to provide working capital for general partnership purposes.

On November 21, 2014, the Partnership and Finance Corp. accomplished a public offering of $500 million of 4.875% senior unsecured notes due 2024 (the “Initial Notes”). The Additional Notes and the Initial Notes will be treated as a single class of debt securities under the indenture reached in connection with the issuance of the Initial Notes.

MarkWest Energy Partners, L.P. engages in the gathering, processing, and transportation of natural gas. The corporation is also involved in the gathering, transportation, fractionation, storage, and marketing of natural gas liquids; and the gathering and transportation of crude oil.

Breitburn Energy Partners L.P. (NASDAQ:BBEP)

Breitburn Energy Partners L.P. (BBEP), declared that Breitburn’s 2014 Individual Tax Reporting Packages, counting Plan K-1, have been mailed and are also accessible to download from the corporation’s website at www.taxpackagesupport.com/breitburn. Unitholders who elected for electronic (paperless) delivery of their Individual Tax Reporting Packages must log-on to the website to download the tax packages. Tax Reporting Packages are accessible for: Breitburn Energy Partners LP Ordinary Units, QR Energy, LP Ordinary Units, and Breitburn Energy Partners LP Series A Cumulative Redeemable Perpetual Preferred Units (BBEPP).

BreitBurn Energy Partners LP, an independent oil and gas partnership, attains, exploits, and develops oil, natural gas liquids (NGLs), and natural gas properties in the United States. The corporation’s oil, NGL, and natural gas reserves are primarily located seven producing areas comprising the Arkansas, Louisiana, and East Texas; Michigan, Indiana, and Kentucky; Permian Basin in Texas and New Mexico; Mid-Continent covering Oklahoma, Kansas, and the Texas Panhandle; Rockies in Wyoming; Florida and Alabama; and 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 *