Seadrill Ltd(NYSE:SDRL) shares jumped 1.94% to $12.60. Levi & Korsinsky on Dec. 16 announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Seadrill Limited American Depository Receipts (“ADRs”) between July 10, 2014 and November 25, 2014. The complaint alleges that Seadrill issued materially false and misleading information to the investing public. In particular, the complaint alleges that the Company issued statements suggesting that the Company would maintain its dividend until at least the end of 2015, but then on November 26, 2014, the Company disclosed it would indefinitely suspend its dividend, citing Seadrill’s need to pay down its debt to strengthen its balance sheet.
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Frontier Communications Corp (NASDAQ:FTR)’s shares declined 0.30% to $6.72. The company on Dec. 18 announced the successful completion of the Metro Ethernet Forum (MEF) 2.0 certification for its Carrier Grade Ethernet portfolio “Frontier Ethernet Solutions.” Frontier’s professional staff includes 18 MEF-CECP (Carrier Ethernet Certified Professionals), 15 of whom are MEF-CECP 2.0 certified. MEF certification allows each provider to differentiate their level of service and offerings from one carrier to the next.
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Additionally, the company on Dec. 11 said it will raise its quarterly dividend by 5% to 10.5 cents a share in 2015. The company will announce the record and payment dates in February and expects to make the first payment in late March.
MGM Resorts International (NYSE:MGM)’s shares increased 4.79% to $20.33. Two top executives at MGM Resorts International (MGM) on Dec. 18 have been recognized for their contributions in diversity, philanthropy and sustainability.
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Phyllis A. James, Executive Vice President, Special Counsel-Litigation and Chief Diversity Officer for MGM Resorts International, has been named one of 2014’s most influential women in corporate America by Savoy Magazine.
Cindy Ortega, Chief Sustainability Officer and Senior Vice President for MGM Resorts International, was named one of the 10 most powerful women in sustainability by Green Building & Design.
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]]>Frontier Communications Corp (NASDAQ:FTR)’s shares gained 2.90% to $6.74. The company on Dec. 18 announced the successful completion of the Metro Ethernet Forum (MEF) 2.0 certification for its Carrier Grade Ethernet portfolio “Frontier Ethernet Solutions.” Frontier’s professional staff includes 18 MEF-CECP (Carrier Ethernet Certified Professionals), 15 of whom are MEF-CECP 2.0 certified. MEF certification allows each provider to differentiate their level of service and offerings from one carrier to the next.
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Additionally, the company on Dec. 11 said it will raise its quarterly dividend by 5% to 10.5 cents a share in 2015. The company will announce the record and payment dates in February and expects to make the first payment in late March.
Yamana Gold Inc. (USA)(NYSE:AUY)’s shares jumped 7.47% to $4.03. The company on Dec. 15 announced a new vein discovered at El Peñón and the best drill intersections in the history of Chapada, immediately west of the main pit. At El Peñón the new north-south vein, named Ventura, is expected to lead to expansion of the mineral resource base at what appears to be high grades. The results at Chapada, from the newly discovered mineralization named Sucupira, continue to support the potential of a much larger district of mineralization, which could also significantly expand mineral resources.
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SouFun Holdings Ltd. (NYSE:SFUN)’s shares gained 2.20% to $6.98. The company on Dec. 9 announced that the strategic cooperation agreements which the Company previously entered into with IFM Investments Limited (CTC) (“Century 21 China”) and certain other parties on October 7, 2014 have been terminated in accordance with their terms. Under the agreements, a condition to the Company’s obligations to consummate the transactions contemplated in the agreements was that Century 21 China should have obtained all third party consent within 60 days after the date of the agreements. As a third party consent was not obtained within the 60-day period, the Company decided to terminate the agreements.
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thenextbigtrade.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. thenextbigtrade.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed “informational edge” which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at Specialpennystockalert.com.
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The assembled information disseminated by thenextbigtrade.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. thenextbigtrade.com does expect that investors will buy and sell securities based on information assembled and presented in thenextbigtrade.com. PLEASE always do your own due diligence, and consult your financial advisor.
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Whiting Petroleum Corp (NYSE:WLL)’s shares climbed 3.99% to $26.04. Oppenheimer on Dec. 16 initiated coverage on shares of Whiting Petroleum Corp with an Outperform rating and $40 price target.
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Additionally, the company on Dec. 8 announced that it has completed its previously announced acquisition of Kodiak Oil & Gas Corp. (“Kodiak”), creating the largest Bakken/Three Forks producer. The closing of the transaction follows the issuance of a final order by the Supreme Court of British Columbia approving the Arrangement on December 5, 2014. The all-stock transaction was previously approved by Whiting stockholders and Kodiak securityholders at special meetings held on December 3, 2014.
JetBlue Airways Corporation(NASDAQ:JBLU)’s shares dropped 3.35% to $14.44. JetBlue Airways (JBLU), along with The Ocean Foundation (TOF) and A.T. Kearney, a leading global management consulting firm, on Dec. 15 announced the results of their unique partnership and research focusing on the long-term health of the Caribbean’s oceans and beaches, and a commitment to action developed with the Clinton Global Initiative (CGI). This collaboration marks the first time a commercial airline has started to quantify nature’s wellbeing in the Caribbean and correlated it to specific product revenue. The result, “EcoEarnings: A Shore Thing,” begins to quantify the value of conservation by Revenue per Available Seat Mile (RASM), the airline’s base measurement.
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Frontier Communications Corp (NASDAQ:FTR)’s shares gained 0.95% to $6.36. The company on Dec. 11 said it will raise its quarterly dividend by 5% to 10.5 cents a share in 2015. The company will announce the record and payment dates in February and expects to make the first payment in late March.
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Additionally, the company on Dec. 11 also said it will add 25 employees to its Connecticut call center to provide support for Frontier residential products and services, handling calls primarily from Spanish-speaking customers across the country as well as calls in English.
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thenextbigtrade.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. thenextbigtrade.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed “informational edge” which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at Specialpennystockalert.com.
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Radian Group Inc (NYSE:RDN)’s shares dropped 4.24% to $13.10. Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., on July 10 commented on the proposed Private Mortgage Insurer Eligibility Requirements (PMIERs) developed by Fannie Mae and Freddie Mac (GSEs) and issued by the Federal Housing Finance Agency (FHFA), which were released earlier today. The proposed PMIERs are intended to provide revised requirements that the GSEs will impose on private mortgage insurers (MIs), including Radian Guaranty, to remain eligible insurers of loans purchased by the GSEs.
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American Superconductor Corporation (NASDAQ:AMSC)’s shares soared 27.95% to $2.06. The company on July 16 announced that ComEd, a unit of Chicago-based Exelon Corporation (EXC) and one of the nation’s largest electric utilities, has agreed to develop a deployment plan for AMSC’s high temperature superconductor technology to build a superconducting cable system that will strengthen Chicago’s electric grid. The Resilient Electric Grid (REG) effort is part of the U.S. Department of Homeland Security (DHS) Science and Technology Directorate’s work to secure the nation’s electric power grids and improve resiliency against extreme weather, acts of terrorism, or other catastrophic events.
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Staples fully funded every DonorsChoose.org classroom project from schools located in Manhattan today. This $149,430.51 donation helped 103 teachers fulfill classroom needs and helped more than 11,000 students in Manhattan. For example, Jennifer Nelson at the Future Leaders Institute Charter School will receive funding for a three day field trip to Washington, D.C.; and Christine Fryer at the High School Law Advocacy/Community Justice will receive dictionaries, books and supplies for her Advanced Placement World History class.
International Game Technology (NYSE:IGT)’s shares gained 2.05% to $15.42. The company on June 30 has signed an agreement with DLV to install IGT systems in 50 slot halls connecting approximately 1,000 machines in locations throughout Latvia over the next two years. With first installations scheduled for July of this year, DLV plans to leverage IGT Casinolink, Medialink and EZ Pay systems to maximize efficiency and player engagement through improved accounting with jackpot and player management technologies. The agreement also marks the introduction of the IGT Xtra Credit systems module to the European market, which should enable easy deployment of promotional awards while increasing play time.
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Frontier Communications Corp (NASDAQ:FTR)’s shares declined 1.04% to $5.73. Crius Energy Trust on July 8 announced that Crius Energy LLC (“Crius Energy”) and Frontier Communications Corporation (“Frontier”) (FTR) have further expanded their strategic marketing partnership to offer natural gas to Frontier residential and commercial customers in California . The natural gas offering, through FTR Energy Services, one of Crius Energy’s best-in-class energy brands, extends its current energy offerings in California of solar energy products.
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New Gold Inc. (USA)(NYSEMKT:NGD)’s shares jumped 5.18% to $6.50. The company plans to release its second quarter 2014 financial results prior to the market opening on Thursday, July 31, 2014.
You won’t believe what we found out about NGD
Additionally, the company on July 7 announces a mid-year update of the New Afton C-zone mineral resource. The C-zone is a continuation of the New Afton block cave that extends along strike and below the B-zone reserve that is currently being mined. The mid-year update builds upon the 2013 year-end C-zone mineral resource estimate and includes the results of an additional 15,143 metres of drilling in 20 core holes. The updated resource estimate will be used to evaluate the optimum extraction level depth for a potential block cave mining plan for the C-zone that could extend New Afton’s mine life. The June 2014 C-zone Measured and Indicated contained gold resource has increased by 24% and the contained copper resource by 29% when compared to year-end 2013.
JetBlue Airways Corporation(NASDAQ:JBLU)’s shares increased 1.62% to $10.66. The company on July 9 announced the launch of automatic check-in, a technological enhancement that will allow customers to focus on their travel plans and not the need to get to a computer 24 hours before their flight departs to check-in. Automatic check-in is the most recent step in the airline’s continued focus on making the JetBlue Experience even more convenient. This initial technological innovation removes the need for customers to ever have to check-in for their flights.
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