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Saturday 26 September 2015
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Worth Watching Stocks News Buzz: FMC Corp (NYSE:FMC), People’s United Financial, Inc. (NASDAQ:PBCT), Magna International Inc. (USA) (NYSE:MGA), Hatteras Financial Corp. (NYSE:HTS)

On Wednesday, FMC Corp (NYSE:FMC)’s shares declined -1.89% to $36.35.

FMC Corporation (FMC) declared that effective October 1, 2015, or as contracts permit, it will enhance prices for its lithium products in all global regions. All products counting lithium carbonate, lithium chloride, lithium hydroxide and all other products except Specialty Organics will enhance by 15 percent. Specialty Organics products, which comprise all grades of butyllithium, will enhance by $3.50 per kilogram on a contained basis. The enhances apply to all standard and non-standard pricing.

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.

People’s United Financial, Inc. (NASDAQ:PBCT)’s shares gained 0.65% to $15.46.

People’s United Financial, Inc. (PBCT) declared it will release its third quarter financial results on Thursday, October 15 at about 4 p.m. Eastern Time. The company will host a conference call the same day at 5:00 p.m. to talk about its third quarter 2015 earnings declaration.

The call will be broadcast live through the company’s Internet site, peoples.com. It is accessible by selecting “Investor Relations” in the “About Us” section on the home page, and then selecting “Conference Call” in the “News and Events” section.

People’s United Financial, Inc. operates as the bank holding company for People’s United Bank that provides commercial banking, retail banking, and wealth administration services to individual, corporate, and municipal customers.

At the end of Wednesday’s trade, Magna International Inc. (USA) (NYSE:MGA)‘s shares dipped -1.62% to $46.26.

Magna International Inc. (MGA) declared that it has reached an underwriting agreement providing for the issuance of U.S. $650 million aggregate principal amount of its senior unsecured notes following an effective shelf registration statement formerly filed with the Securities and Exchange Commission.

The notes will bear interest at an annual rate of 4.150% and will mature on October 1, 2025 . The offering is predictable to close on September 23, 2015 , subject to customary closing conditions.

Magna intends to use the net proceeds from the offering for general corporate purposes, counting capital expenditures and the formerly declared acquisition of the Getrag Group of Companies.

Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.

The notes are not being qualified for distribution in Canada but will be offered in Canada on a private placement basis.

Magna International Inc. develops, manufactures, engineers, supplies, and sells automotive products. It operates through North America, Europe, Asia, and Rest of World segments. The company offers body and chassis systems, and related engineering services; seating systems, counting complete seating systems, seat structures and mechanisms, and foam and trim products; interior components and systems, such as garnish and hard trim, soft trim, instrument panels and consoles, overhead systems, and door panels, in addition to powertrain systems, such as driveline systems, fluid pressure and controls, metal forming solutions, and engineering services and system integration solutions.

Hatteras Financial Corp. (NYSE:HTS), ended its Wednesday’s trading session with -2.81% loss, and closed at $15.91.

The Board of Directors of Hatteras Financial Corp. (HTS) declared cash dividends on shares of both its common and preferred stock for the third quarter of 2015.

Common Stock Dividend

The Company’s Board of Directors recently declared a quarterly dividend of $0.45 per common share for the third quarter of 2015. The dividend will be paid on October 23, 2015, to stockholders of record on September 25, 2015, with an ex-dividend date of September 23, 2015.

Hatteras Financial Corp. operates as an externally-managed mortgage real estate investment trust (REIT) in the United States. It invests primarily in single-family residential mortgage real estate assets, such as mortgage-backed securities, which are pass-through securities guaranteed or issued by the United States Government agency or the United States Government-sponsored enterprises; and other financial assets.

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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.

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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.




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