News: New CEO at Pep Boys $PBY
Pep Boys Inc.,has appointed Scott Sider its new CEO, a former Top Executive at Hertz Global. Interim CEO John Sweetwood moves back to the board. View the full release here.
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Market Sectors
News: Shell Midstream Common Offering $SHLX
Shell Midstream Partners, L.P., has files for Common units offering of 7.60 Million Units for the gross proceeds of $361 million. Goldman Sachs MLP Energy Infrastructure Fund, the Prudential Utility Fund, and a retirement fund for Pennsylvania employees. No proceeds will go to the firm in resale. View the full release here.
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News: Schlumberger’s Eurasia Deal Delayed $SLB
Schlumberger a leading Oil and Gas Firm in US., has announced that its Eurasia deal in Russian stake will take more time. Stating some reasons from head of Russia’s Federal Antimonopoly Service needs more time to review the deal of $1.7 Billion. View the full release here.
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News: AirMedia Down Prior to Businees Sold $AMCN
AirMedia Group., was 13% up a few minutes ago but now downs by -1.7%, prior tp the confirmation of selling its Ad Business for $338 Million. The deal presents the 75% Equity of the Ads business, payments will be done in two phases. View the full release here.
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Earnings: Comverse Revenues Down $CNSI
Comverse Inc., has announced its first quarter results for FY-2015. The results hsows 29.8% fall in revenues to $45.7 Million whereas EPS has fallen from $0.18 to -$1.83. View the full earnings release here.
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