Zynga, Inc. (NASDAQ:ZNGA)’s shares climbed 3.85% to $3.24. The company has appointed Regina Dugan, a vice president of engineering at Google, to its board, the online gaming company said on July 9. Dugan, 51, also leads the advanced technology and projects group at Google that works on new inventions like a tablet that uses 3D motion and depth sensing capabilities. Zynga has set in motion a business revival plan by overhauling top management, trimming staff and introducing titles that can be played on smartphones and tablets. Dugan becomes the second female director on Zynga’s board alongside former Yahoo executive Ellen Siminoff. The board has a total of nine directors.
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SandRidge Energy Inc. (NYSE:SD)’s shares declined 3.80% to $6.58. The company will release its 2014 second quarter shareholder update and financial results after the close of trading on the New York Stock Exchange on Wednesday, August 6, 2014.
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Additionally, the company on June 12 announced that its Board of Directors has declared a $3.00 per share semi-annual dividend on its shares of 6.0% Convertible Perpetual Preferred Stock that will be paid in cash on July 15, 2014 to holders of record on July 1, 2014. The company has 2,000,000 shares of 6.0% Convertible Perpetual Preferred Stock outstanding.
United States Steel Corporation (NYSE:X)’s shares gained 3.21% to $27.64. The company’s President and CEO Mario Longhi issued the following statement in response to the U.S. Department of Commerce’s final determination in a trade case on Oil Country Tubular Goods (OCTG) against nine countries including South Korea. The Company, the largest integrated producer of tubular products headquartered in the United States, was a petitioner in the case.
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Additionally, the company on July 9 announced that interested stockholders, investors and others may listen to the company’s second quarter 2014 conference call with securities analysts on Wednesday, July 30, 2014, at 8:30 a.m. EDT. The call, which will be available via the U. S. Steel website, will cover second quarter 2014 financial results and may include forward-looking information. The company plans to release its second quarter 2014 financial results following the close of trading on the New York Stock Exchange on Tuesday, July 29.