On Wednesday, Basic Energy Services, Inc (NYSE:BAS)’s shares declined -4.92% to $8.50.
Basic Energy Services, Inc (BAS) approved the Sixth Amended and Restated Basic Energy Services, Inc. 2003 Incentive Plan, counting amendments to enhance the number of shares of common stock authorized for issuance there under by 1,000,000 shares from 10,350,000 shares to 11,350,000 shares, and a related extension of the term of the Incentive Plan to March 18, 2025, the tenth anniversary of the date the Board of Directors initially adopted the Incentive Plan, subject to approval by the stockholders of the Company.
A summary of the key terms of the Incentive Plan is comprised of in the Company’s Definitive Proxy Statement on Plan 14A for the Annual Meeting (as defined under Item 5.07 below) filed on April 20, 2015. A copy of the Incentive Plan is being filed as Exhibit 10.1 hereto and is incorporated herein by reference. The above description of the Incentive Plan is qualified in its entirety by the full text of such exhibit.
Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs.
Juniper Networks, Inc. (NYSE:JNPR)’s shares gained 0.48% to $27.38.
Juniper Networks, Inc. (JNPR) declared Juniper Design Training and Certification curriculum, a new offering that teaches best practices and new techniques across network design, counting software-defined networking (SDN) and network functions virtualization (NFV).
Networks are in a constant state of change. The emergence of automation has fundamentally changed how networks can and will be designed. Network designers and administrators are now facing myriad complicated considerations and options when designing a network, many that did not exist just a few years ago. Further, the benefits that can be realized from SDN and NFV have raised the stakes in ensuring a well-designed network.
Juniper’s Design Curriculum comprises a portfolio of trainings and a set of level-specific design certifications on the latest approaches, resources and tools that enable companies to build, expand, secure and automate their networks. The trainings range in topic from the fundamentals of network design to specific design requirements of data center and WAN networks. Together with its network engineering and support-focused courses, Juniper is offering training on the full network lifecycle – from initial design all the way through ongoing maintenance.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
At the end of Wednesday’s trade, Time Warner Inc (NYSE:TWX)‘s shares surged 1.48% to $85.97.
Time Warner Inc (TWX) declared that it has priced a $1.5 billion underwritten public offering of 3.60% senior notes due 2025 at a price equal to 99.760% of their face amount and a $600 million underwritten public offering of 4.85% debentures due 2045 at a price equal to 99.929% of their face amount. The net proceeds from the issuance of the notes and debentures will be used for general corporate purposes, counting share repurchases and the retirement at maturity of Time Warner’s outstanding 3.15% Notes due 2015.
The notes and debentures will be issued by Time Warner and guaranteed by Historic TW Inc. In addition, Home Box Office, Inc. and Turner Broadcasting System, Inc. will guarantee the obligations of Historic TW Inc. under its guarantee. The guarantee structure for the notes and debentures will be the same as the structure for the notes and debentures Time Warner has issued since 2010.
The offering is being made following an effective registration statement on Form S-3 filed with the Securities and Exchange Commission (“SEC”). Interested parties should read the prospectus comprised of in such registration statement and the prospectus supplement for the offering and other documents that Time Warner has filed with the SEC for more complete information about Time Warner and the offering.
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates through three segments: Turner, Home Box Office, and Warner Bros. The Turner segment owns and operates a portfolio of cable television networks and related properties that offer entertainment, sports, kids, and news programming on television and digital platforms for consumers. It operates about 165 channels in 200 countries.
Windstream Holdings, Inc. (NASDAQ:WIN), ended its Wednesday’s trading session with 0.50% gain, and closed at $8.05.
Bob Gunderman, chief financial officer of Windstream (WIN), will speak at 4:25 p.m. CDT on Thursday, June 11, at the Barclays High Yield Bond & Syndicated Loan Conference in Colorado.
Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets. The company’s primary business service offerings comprise integrated voice and data services, multi-site networking, data center services, managed services, high-speed Internet, and voice services.
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