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Saturday 11 April 2015
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Yesterday’s Worst Performers: Gannett Co., (NYSE:GCI), Southwest Airlines (NYSE:LUV), Zillow Group (NASDAQ:Z), Magnum Hunter Resources (NYSE:MHR)

On Monday, Gannett Co., Inc (NYSE:GCI)’s shares dwindled -4.97%, and closed at $35.53, as Gannett Co., Inc (NYSE:GCI), stated that its first-quarter 2015 earnings conference call with financial analysts will be held on Tuesday, April 21 at 10:00 a.m. (ET). The call will be accessible live to the media and general public via webcast and through a limited number of listen-only, dial-in conference lines. The corporation’s earnings declaration will be released to news outlets and wire services before the market opens on April 21.

Gannett Co., Inc. (GCI) is an international media and marketing solutions corporation that informs and engages more than 115 million people every month through its powerful network of broadcast, digital, mobile and publishing properties. Our portfolio of trusted brands offers marketers unmatched local-to-national reach and customizable, innovative marketing solutions across any platform.

Southwest Airlines Co (NYSE:LUV)’s shares dropped -4.13%, and settled at $41.09, during the last trading session on Monday, after Southwest Airlines Co (NYSE:LUV), is stepping up to the plate and ready to play ball this season as the Official Airline of five Major League Baseball Teams. With the excitement of Opening Day, the carrier is proud to declare its latest sponsorship as the Official Airline of the LA Dodgers. Dodgers fans will get a taste of the airline’s bold new look on Opening Day with the new addition of an outfield wall sign prominently displayed in Dodger Stadium. Southwest will extend its brand presence and engage with ballpark fans further into the baseball season.

In addition to the carriers’ sponsorship of the LA Dodgers, Southwest Airlines is the Official Airline of the Baltimore Orioles, Milwaukee Brewers, Texas Rangers, and recently welcomed the San Diego Padres to the lineup this season.

Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft. The corporation served 93 destinations in 40 states, the District of Columbia, and the Ordinary wealth of Puerto Rico, in addition to 5 near-international countries, counting Mexico, Jamaica, The Bahamas, Aruba, and the Dominican Republic.

At the end of Monday’s trade, Zillow Group Inc (NASDAQ:Z)’s shares dipped -3.66%, and closed at $97.17, as Zillow Group Inc (NASDAQ:Z), declared that Zillow® and Trulia® have signed 14 new contracts with multiple listing services in the past two days, counting Chicago-based Midwest Real Estate Data (MRED).

“For every new joint venture we build with an MLS, the experience on Zillow and Trulia gets better for everyone – from brokers and agents to home sellers and buyers,” said Errol Samuelson, Zillow Group chief industry development officer. “It’s a very exciting time for Zillow Group as we are assisting more brokers and agents than ever. We appreciate the support of the MLSs who are joining us to work for the benefit of their members.”

New partners comprise:

  • Aiken Board of REALTORS® – Aiken, S.C.
  • Ann Arbor Area Board of REALTORS – Ann Arbor, Mich.
  • Bagnell Dam Association of REALTORS Multiple Listing Service, Inc. – Lake Ozark, Mo.
  • Berkshire County Multiple Listing Service, Inc. – Pittsfield, Mass.
  • California Desert Association of REALTORS – Palm Desert, Calif.
  • Chesapeake Bay & Rivers Association of REALTORS – Hartfield, Va.
  • Lake of the Ozarks Board of REALTORS – Sunrise Beach, Mo.
  • Middlesex County Multiple Listing System, Inc. – Ford, N.J.
  • Midwest Real Estate Data, LLC – Lisle, Ill.
  • Multiple Listing Service of Long Island – West Babylon, N.Y.
  • Realcomp II Ltd. – Farmington Hills, Mich.
  • Realtor Association of Martin County, Inc. – Stuart, Fla.
  • Teton County Board of REALTORS, Inc. – Jackson, Wyo.
  • White Mountain Association of REALTORS – Lakeside, Ariz.

Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to assist people find vital information about homes, and connect with local professionals. The corporation product portfolio comprises Zillow, a real estate and rental marketplace dedicated to consumers with data, inspiration, and knowledge around the place they call home, and connecting them with the local professionals who can assist; and Trulia, a home shopping marketplace, focused on giving home buyers, sellers, and renters the information they need to make better decisions about where to live.

Magnum Hunter Resources Corp (NYSE:MHR), ended its Monday’s trading session with -3.57% loss, and closed at $2.70, as Magnum Hunter Resources Corp (NYSE:MHR), stated that it has declared a monthly cash dividend on the Corporation’s 10.25% Series C Cumulative Perpetual Preferred Stock (“Series C Preferred Stock”), a monthly cash dividend on the Corporation’s 8.0% Series D Cumulative Preferred Stock (“Series D Preferred Stock”) and a monthly cash dividend on the Corporation’s 8.0% Series E Cumulative Convertible Preferred Stock (“Series E Preferred Stock”). The outstanding shares of Series E Preferred Stock are represented by depositary shares (the “Depositary Shares”), each representing a 1/1,000th interest of a share of Series E Preferred Stock.

The dividend on the Series C Preferred Stock, which is for the month of April 2015, is payable on April 30, 2015, to holders of record at the close of business on April 15, 2015. The payment will be an annualized 10.25% per share, which is equivalent to about $0.2135 per share, based on the $25.00 per share liquidation preference of the Series C Preferred Stock. The Series C Preferred Stock is presently listed on the NYSE MKT and trades under the ticker symbol “MHR.PRC”.

Magnum Hunter Resources Corporation, an independent oil and gas corporation, explores for, exploits, attains, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The corporation operates through the U.S. Upstream, Midstream, and Oilfield Services segments.

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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.

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