On Tuesday, Western Refining, Inc. (NYSE:WNR)’s shares declined -0.39% to $42.87.
Western Refining, Inc. (WNR) declared that it has filed a universal shelf registration statement on Form S-3 with the United States Securities and Exchange Commission (“SEC”). While WNRL has no immediate plans to issue securities under the registration statement, the registration statement is intended to provide the Company with flexibility to access the public capital markets in order to respond to business opportunities as they arise. Although the registration statement has been filed with the SEC, it has not yet become effective.
Following the effectiveness of the shelf registration statement, WNRL may periodically offer one or more of the registered securities in amounts, at prices, and on terms to be declared when, and if, the securities are offered. The terms of any securities offered under the registration statement, and the intended use of the net proceeds resulting therefrom, will be established at the times of the offerings and will be described in prospectus supplements filed with the SEC at the times of the offerings.
A registration statement regarding these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release is not an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in four segments: Refining, NTI, WNRL, and Retail. The Refining segment owns and operates two refineries that process crude oil and other feed stocks primarily into gasoline, diesel fuel, jet fuel, and asphalt; and markets refined products to various customers, counting wholesale distributors and retail chains.
FMC Corp (NYSE:FMC)’s shares dropped -0.30% to $56.43.
FMC Corp (FMC) released its fourth annual Sustainability Report, summarizing the specialty company’s ongoing efforts to address several major global challenges in 2014. The report, “Embracing Opportunities for Tomorrow,” focuses on FMC’s five sustainability priorities: fostering safety, empowering talent, growing innovation, minding our resources, and cultivating community.
FMC integrates sustainability into its businesses by continually seeking ways to apply our advanced technologies, innovative products and scientific capabilities to assist make the world a better place recently, tomorrow and in the future. Products comprise those designed to meet the food and nutrient needs of a growing world population and address climate change through energy storage and lighter weight materials for aircraft manufacturers.
FMC is working to positively influence the following global challenges:
- environmental consciousness for the growing desire for increasingly safe and environmentally benign materials;
- food and health expectations to address the growing population needs, counting accessible healthcare and more nutritious foods;
- land competition requiring raised agricultural efficiency to produce crops, biofuels, biotextiles, and bioplastics;
- climate change to cope with greenhouse gas and other emissions; and
- scarce resources for a growing population’s increasing demand for energy, water and other basic resources.
FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets in North America, Europe, the Middle East, Africa, Latin America, and the Asia Pacific. The company operates through three segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The FMC Agricultural Solutions segment develops, manufactures, and sells crop protection, professional pest control, and lawn and garden products, such as insecticides, herbicides, and fungicides.
At the end of Tuesday’s trade, Paragon Offshore PLC (NYSE:PGN)‘s shares surged 5.00% to $1.68.
Paragon Offshore PLC (PGN) declared that Alejandra Veltmann has joined the company as Vice President – Chief Accounting Officer reporting to Steven A. Manz, Paragon’s Senior Vice President and Chief Financial Officer. Ms. Veltmann will be responsible for overseeing corporate accounting and financial reporting.
Ms. Veltmann’s most recent role was Vice President and Chief Accounting Officer at Geokinetics, an independent international land and shallow water geophysical services firm. Prior to this, she founded an international financial consulting practice for clients in the oil and gas services industry. She also held various positions at Grey Wolf Drilling and Precision Drilling and has consulted in the role of Chief Financial Officer for a number of entrepreneurial companies. Ms. Veltmann has worked as a senior manager for KPMG LLP and began her career with Arthur Anderson LLP in 1992. She is a certified public accountant and holds a BBA degree in Accounting from The University of New Mexico.
Paragon Offshore plc, together with its auxiliaries, provides offshore drilling rigs. The company is involved in contracting its rigs, related equipment, and work crews to conduct oil and gas drilling and workover operations for its exploration and production customers on a day rate basis. Its drilling fleet comprises of 34 jackups and 6 floaters, counting 4 drillships and 2 semisubmersibles.
Navient Corp (NASDAQ:NAVI), ended its Tuesday’s trading session with 0.21% gain, and closed at $19.38.
Navient Corp (NAVI) declared that its board of directors approved a 2015 second quarter dividend of $0.16 per share on the company’s common stock.
The second quarter 2015 dividend will be paid on June 19, 2015, to shareholders of record at the close of business on June 5, 2015.
Navient Corporation provides financial products and services in the United States. The company operates in four segments: FFELP Loans, Private Education Loans, Business Services, and Other. It provides federal family education loan program (FFELP) loans and servicing for FFELP loan portfolio; and servicing and asset recovery services for loans on behalf of guarantors of FFELP loans, guaranty agencies, higher education institutions, the United States Department of Education, and other federal clients, in addition to states, courts, and municipalities.
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