Why Theses Stocks in the News? Yahoo! (NASDAQ:YHOO), Chesapeake Energy Corporation (NYSE:CHK), Forest City Enterprises (NYSE:FCE-A), Ingersoll-Rand (NYSE:IR) | BNinvestors
On Thursday, Shares of Yahoo! Inc. (NASDAQ:YHOO), lost -1.50% to $30.93.
Yahoo declared the launch date of SuperFan Live, exclusive aftershow specials on Yahoo TV for today’s most loved television series, set to premiere on September 23, 2015. Additionally, the company will be premiering new programs within Yahoo’s Digital Magazine properties while ongoing to bring viewers some of the fall’s best live events.
SuperFan Live, which was declared as part of the 2015 NewFront, is premiering on September 23 at 10 p.m. PT with an episode dedicated to FOX’s smash hit, Empire, right away following its second season premiere. Then on September 29 at 7 a.m. PT SuperFan Live will partner with broadcast television’s highest-rated Sunday night drama, ABC’s Once Upon a Time and on September 30 at 7 a.m. PT with their highly acclaimed series Marvel’s Agents of S.H.I.E.L.D.
Each episode will feature experts, influencers and industry insiders as they discuss everything from guest stars to major plot shockers. Fans will also be encouraged to submit questions, fan art and chime into the conversation via Skype.
In addition, Yahoo will rebrand the company’s beloved entertainment video programming TV in No Time and The Yahoo Movies Show to Yahoo SuperFan. The rebrand will take place on September 16, reiterating the company’s commitment to bringing fans their daily fix of the best moments of daytime, primetime, late night television and movie recaps.
Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.
Shares of Chesapeake Energy Corporation (NYSE:CHK), declined -4.33% to $8.61, during its last trading session, as oil prices retreat after Wednesday’s gains.
Oil prices were higher Wednesday after data from the Energy Information Administration showed that U.S. crude stockpiles declined by significantly more than estimated last week.
However, other data from the EIA report showed that production of petroleum products raised to bring the total amount of crude oil and refined products to a record high of 1.3 billion barrels, The Wall Street Journal reports.
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas.
Shares of Forest City Enterprises Inc. (NYSE:FCE-A), inclined 1.20% to $21.02, during its last trading session.
Forest City Enterprises, declared that it has accomplished the sale of its ownership interest in the Skylight Office Tower in downtown Cleveland to Hertz Acquisition Group. The gross purchase price, counting tenant inducements and reimbursement of seller costs, was $35.4 million. The transaction is predictable to generate net proceeds after commissions and closing costs of about $34.2 million.
Were happy to complete this disposition and we remain focused on closing other targeted non-core asset dispositions, said David J. LaRue, Forest City president and chief executive officer. As we sell non-core assets, we use proceeds to continue the noteworthy progress to date on improving our balance sheet and debt metrics. Non-core dispositions also focus our portfolio on core products in the strongest urban markets.
The 321,000-square-foot Skylight Office Tower was developed by Forest City and opened in 1991 as part of the Tower City Center mixed-use complex in downtown Cleveland.
Forest City Enterprises, Inc. acquires, owns, develops, and manages commercial and residential real estate and land in the United States. The company’s Commercial group acquires, owns, develops, and operates regional malls, specialty/urban retail centers, office and life science buildings, and mixed-use projects, in addition to operates Barclays Center, a sports and entertainment arena located in Brooklyn, New York.
Finally, Shares of Ingersoll-Rand Plc (NYSE:IR), ended its last trade with -1.72% loss, and closed at $56.12.
Trane, a leading global provider of indoor comfort systems and services and a brand of Ingersoll Rand (IR), showcased its leadership in home heating and cooling products and technology at Comfortech, the national HVACR, Hydronics and Plumbing Conference and Expo in St. Louis, Sept. 16-17.
“Contractors and homeowners rightfully expect a lot from their heating and cooling systems – easy and fast installation, reliable and energy efficient comfort, and innovative features and technology that are simple to use and service,” said Gary Michel, senior vice president and president, Residential HVAC, Ingersoll Rand. “With our latest line-up, Trane is delivering on all of these expectations and more. Every Trane offering is designed with the unique needs of our customers and homeowners in mind.”
Trane showcased several residential comfort solutions at its Comfortech booth, #665, counting its award-winning variable speed technology, the latest in connected controls and home automation, new ductless and system diagnostics offerings, in addition to a new dealer-designed furnace.
Ingersoll-Rand plc, together with its auxiliaries, designs, manufactures, sells, and services a portfolio of industrial and commercial products. It operates through Climate and Industrial segments.
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