Halliburton (HAL) to Redeem $2.5B in Senior Notes May 6, 2016 04:31PM

Halliburton Company (NYSE: HAL) announced today that, in connection with the previously announced termination of the merger agreement between Halliburton and Baker Hughes Incorporated (NYSE: BHI), it will redeem the entire outstanding principal amount of its 2.700% Senior Notes due March 2020 and 3.375% Senior Notes due March 2022 (the “Notes”) pursuant to the special mandatory redemption procedures set forth in the indenture governing the terms of the Notes. The... (continue reading...)


Ashford Hospitality Prime (AHP) Signs LOI to Sell Marriott Courtyard Seattle, Seeks New CEO May 6, 2016 04:16PM

Ashford Hospitality Prime, Inc., (NYSE: AHP) today provided an update on initiatives previously announced at the time of the conclusion of the Company's strategic review process on April 8, 2016. The Ashford Prime Board of Directors (the "Board") is committed to maximizing long-term value for shareholders and continues to make progress on the previously announced initiatives designed to enhance value for its stockholders. Consistent with its announced strategy to... (continue reading...)


Charter (CHTR) Announces FCC Approval to Merge with Time Warner (TWC) and Acquire Bright House Networks May 6, 2016 03:55PM

Today, Charter Communications, Inc. (Nasdaq: CHTR) received approval from the Federal Communications Commission for its merger with Time Warner Cable Inc (NYSE: TWC). and acquisition of Bright House Networks. The California Public Utilities Commission vote is scheduled for May 12th, following last month's recommendation for approval from the California Administrative Law Judge.

"I want to thank Chairman Wheeler and Commissioners Clyburn, Rosenworcel, Pai and O'Rielly for... (continue reading...)


Pool Corp. (POOL) Raises Quarterly Dividend 19.2% to $0.31; 1.4% Yield May 6, 2016 03:30PM

Pool Corp. (NASDAQ: POOL) declared a quarterly dividend of $0.31 per share, or $1.24 annualized. This is a 19.2% increase from the prior dividend of $0.26.

The dividend will be payable on June 2, 2016, to stockholders of record on May 19, 2016, with an ex-dividend date of May 17, 2016.

The annual yield on the dividend is 1.4 percent.

At POOLCORP’s annual meeting of stockholders on May 4, 2016, stockholders elected Andrew W. Code, Timothy M. Graven, Manuel J. Perez de la... (continue reading...)


UPDATE: Charter (CHTR) Wins FCC Approval to Buy Time Warner Cable (TWC) May 6, 2016 03:13PM (Updated - May 6, 2016 3:13 PM EDT)

Charter Communications (NASDAQ: CHTR) wins FCC approval to buy Time Warner Cable (NYSE: TWC), according to Bloomberg.

UPDATE - The FCC posted the following to its website on Friday:

The Commission yesterday approved — with conditions — the Application filed by Charter Communications, Inc., Time Warner Cable Inc., and Advance/Newhouse Partnership approval to transfer control of certain licenses and authorizations from Time Warner ... (continue reading...)


More Corporate News

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May 6, 2016 02:47PM Delta Air Lines (DAL) in pact with TransAvia for 10 destinations
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May 6, 2016 09:55AM Microsoft (MSFT) Says Windows 10 Now on 300M Active Devices
May 6, 2016 09:01AM MagneGas (MNGA) Says Leading Industrial Gas Company to Distribute MagneGas2
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May 6, 2016 08:40AM NQ Mobile (NQ) Updates on FL Mobile Divestment; Sees Receiving 80% of Total Consideration Within 15 Days of Agreement
May 6, 2016 08:37AM JC Penney cuts employee hours after 'expense challenge': NY Post
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May 6, 2016 08:26AM Spring Bank Pharmaceuticals (SBPH) Prices 920k Common Stock IPO at $12/Share
May 6, 2016 08:05AM Alder BioPharma (ALDR) Announces Licensure of Clazakizumab Rights
May 6, 2016 07:30AM Evonik to Buy Performance Materials from Air Products (APD) in $3.8B Deal
May 6, 2016 07:28AM ImmunoCellular (IMUC) Announces Approval in Canada, UK and Netherlands to Initiate ICT-107 Phase 3 Trial
May 6, 2016 05:57AM Southern Co. (SO) Prices 18.3M Common Stock Offering for Proceeds of $900M
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May 5, 2016 05:18PM Lockheed wins $424 million contract for radar emitter simulation products: Pentagon
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May 5, 2016 04:42PM Google, Honeywell agree to resolve Nest Labs patent dispute
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