On Monday, VASCO Data Security International, Inc. (NASDAQ:VDSI)’s shares declined -6.55% to $17.41.
VASCO Data Security International, Inc. (VDSI), a global leader in authentication, electronic signatures, and identity administration, declared recently that KBC has integrated the VASCO DIGIPASS for Apps security solution into its mobile banking application. The move allows KBC Bank Ireland customers to use the TouchID functionality of their iPhones instead of a PIN code for transparent security and improved convenience.
DIGIPASS for Apps is a software development kit (SDK) that allows mobile application developers to easily integrate advanced security solutions into their mobile applications. The solution comprises two-factor authentication, electronic transaction signing, one-time passwords, device binding and many other features that strengthen security while improving user convenience.
KBC is an established customer of VASCO and uses VACMAN Controller, an API-based authentication platform that serves as the backend for all DIGIPASS authenticators. KBC has formerly deployed DIGIPASS 275 hardware authenticators to their banking customers. The bank’s implementation of DIGIPASS for Apps protects KBC’s mobile banking transactions and also allows users of web-based banking applications to generate a one-time password on their phone for secure online banking.
VASCO Data Security International, Inc., together with its auxiliaries, designs, develops, markets, and supports hardware and software security systems that manage and secure access to information assets worldwide.
Cimarex Energy Co (NYSE:XEC)’s shares dropped -0.37% to $103.59.
Cimarex Energy Co. (XEC) declared that its Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.16 per share. The dividend is payable on December 1, 2015, to stockholders of record on November 13, 2015.
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. The company owns interests in 3,240 net productive oil and gas wells.
At the end of Monday’s trade, TerraForm Global Inc (NASDAQ:GLBL)‘s shares dipped -3.99% to $8.67.
TerraForm Global (GLBL), a globally diversified owner and operator of clean energy projects, recently declared that it closed on the acquisition from Renova Energia of two operating wind energy projects that are part of the original TerraForm Global IPO portfolio.
The Salvador and Bahia wind energy projects are located in Brazil and generate 294 megawatts (MW) AC of capacity in aggregate. The projects were purchased with a combination of TerraForm Global Class A common stock and cash that was allocated from the TerraForm Global IPO proceeds.
TerraForm Global, Inc. owns and operates renewable energy generation assets worldwide. It generates electricity through solar, wind, and hydro-electric projects with a total combined capacity of 987.8 megawatts. The company serves utility, commercial, industrial, and governmental customers.
Gulfport Energy Corporation (NASDAQ:GPOR), ended its Monday’s trading session with -0.34% loss, and closed at $32.12.
Gulfport Energy Corporation (GPOR) declared a projected enhance to the Company’s borrowing base and the completion of its formerly declared acquisition of Paloma Partners III, LLC.
Fall Bank Redetermination
The Bank of Nova Scotia, as Sole Lead Arranger and Administrative Agent of our credit facility, as part of the regular fall 2015 borrowing base redetermination process, will be recommending to the lending syndicate an enhance of the borrowing base from $575 million to $700 million. Gulfport anticipates final approval of the borrowing base enhance by the bank syndicate to be accomplished within the next 30 days. On June 30, 2015, Gulfport’s revolving credit facility was undrawn with outstanding letters of credit totaling $92.7 million. Pro forma for the projected enhance to the Company’s borrowing base, Gulfport would have about $607.3 million of availability under its revolving credit facility.
Completion of Paloma Acquisition
On August 31, 2015, Gulfport accomplished its formerly declared acquisition of Paloma for a total purchase price of about $301.9 million, counting certain closing adjustments. Paloma holds about 24,000 net nonproducing acres in the core of the dry gas window of the Utica Shale, located in Belmont and Jefferson Counties, Ohio. The acreage comprised of in the acquisition overlaps with a number of Gulfport’s presently planned units and is located in the vicinity of existing interstate pipelines with gathering and compression infrastructure already under development. Gulfport presently intends to move one rig to operate on this acreage starting in the fourth quarter of 2015. Gulfport funded the Paloma Acquisition with a portion of the net proceeds from its formerly accomplished securities offerings.
Gulfport Energy Corporation engages in the acquisition, exploration, exploitation, and production of natural gas, natural gas liquids (NGLs), and crude oil in the United States. The company’s principal properties are located in the Utica Shale primarily in Eastern Ohio; Louisiana Gulf Coast in the West Cote Blanche Bay; and Hackberry fields.
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