On Monday, 3D Systems Corporation (NYSE:DDD)’s shares declined -1.21% to $21.60.
3D Systems Corporation (DDD) declared that it plans to present at the Stephens 2015 Spring Investment Conference on Wednesday, June 3 at 10:00 AM ET at the New York Palace Hotel.
3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries. The company’s 3D printers transform data input from the format generated by 3D design software, CAD software, or 3D scanning and sculpting devices to printed parts using integrated, engineered plastic, metal, nylon, rubber, wax, and composite print materials.
Hologic, Inc. (NASDAQ:HOLX)’s shares gained 1.03% to $36.14.
Hologic, Inc. (HOLX) declared that the Company has reached a new, five-year secured credit agreement comprising of a $1.5 billion senior Term Loan and a $1 billion revolving credit facility.
Hologic has borrowed $0.175 billion against the new revolver initially, and used these proceeds and the Term Loan to pay off the Company’s previous senior secured term loans, which had an aggregate principal amount outstanding of $1.69 billion as of March 28, 2015. As a result, the Company’s total indebtedness remains substantially unchanged.
The new loan facilities mature on May 29, 2020. Current borrowings bear interest at an annual rate of LIBOR + 1.75% based on Hologic’s current leverage ratio. Over the next five years and on a quarterly basis prior to maturity, the Company will be required to make minimum principal payments on the new Term Loan in annualized amounts of $75 million, $75 million, $112.5 million, $150 million and $150 million, respectively.
The new revolving credit facility carries an initial unused fee of 0.35% annually based on Hologic’s current leverage ratio. In connection with the refinancing, Hologic eliminated its previous $300 million revolving credit facility.
Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States and internationally. The company operates in four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. The Diagnostics segment provides Aptima family of assays, target capture/nucleic acid extraction technology, transcription-mediated amplification technology, hybridization protection and dual kinetic assays, instrumentation, Invader chemistry platform, ThinPrep system, fetal fibronectin tests, Procleix family of assays, and virology and infectious disease products.
At the end of Monday’s trade, Dominion Resources, Inc. (NYSE:D)‘s shares dipped -0.03% to $70.50.
Dominion Resources, Inc. (D) has declared that, subject to the planned close of recently’s sale of about $200 million of its common stock through a registered underwritten public offering to UBS Securities LLC, it has accomplished its presently planned market issuances of equity for calendar year 2015. With recently’s offering and the formerly accomplished “at the market” issuances of common stock during this year of about $300 million, the company has accomplished $500 million in market issuances of new equity in 2015. The company has no current plans to issue to the market any additional shares of its common stock or other equity-linked securities this year.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of, or any solicitation of an offer to buy, these 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.
Dominion is one of the nation’s largest producers and transporters of energy, with a portfolio of about 24,600 megawatts of generation, 12,200 miles of natural gas transmission, gathering and storage pipeline, and 6,455 miles of electric transmission lines. Dominion operates one of the nation’s largest natural gas storage systems with 928 billion cubic feet of storage capacity and serves utility and retail energy customers in 13 states.
Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.
CMS Energy Corporation (NYSE:CMS), ended its Monday’s trading session with -0.09% loss, and closed at $34.11.
CMS Energy Corporation (CMS) is committing nearly $200 million this year to upgrade its natural gas system throughout Michigan, and has raised its workforce to assist perform this work.
Palkovich noted that Consumers Energy has hired almost 600 new employees since 2012. This team of employees is dedicated to gas main installation projects and service requests, allowing the company to respond more quickly to raised requests in all sectors: residential, municipal, commercial and industrial. “We are proud that these efforts involve putting more Michiganders to work, and welcome these new employees who bring the skills and experience to perform this work,” Palkovich said.
Key enhancement projects for 2015 comprise:
- 19 projects in cities in Oakland, Macomb, Wayne and Livingston counties.
- Eight projects in Genesee and Shiawassee counties (Flint and Vernon).
- Eight projects in Kalamazoo and Van Buren counties (Kalamazoo, Paw Paw, Hartford, Bangor).
- Five projects in Ingham County (Lansing).
- Three projects in Bay and Saginaw counties (Saginaw, Bay City).
- Three projects in Gratiot County (Alma, Ithaca).
- Two projects in Lenawee County (Tecumseh).
- Two projects in Barry County (Hastings).
- Two projects in Osceola County (Marion).
CMS Energy Corporation operates as an energy company primarily in Michigan, the United States. The company’s Electric Utility segment engages in the generation, purchase, distribution, and sale of electricity to residential, commercial, and various industrial customers in Michigan’s Lower Peninsula. It operates a network of coal, gas, hydroelectric, oil, and wind generation plants.
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