On Tuesday, Shares of Chesapeake Energy Corporation (NYSE:CHK), added 2.88 % and closed at $9.52 in the last trading session. CHK stock opened its last trade at $6.51 and after floating in a range of $6.32 to $6.60. The company’s Market capitalization is $4.90 Billion with the total Outstanding Shares of 776.96 million. During the 52-week trading session the minimum price at which share price traded, registered at $1.50 and reached to max level of $8.33. The Earnings per Share of the company stands at $-14.37. Chesapeake Energy Corporation (CHK) recently declared that it will host its 2016 Analyst Day on Thursday, October 20 at Chesapeake’s corporate headquarters in Oklahoma City, Oklahoma. A live audio webcast of the event will begin at 10:00 am EDT and can be accessed by visiting the “Shareholders” section of the Chesapeake website.
In addition, Chesapeake has planned to release its 2016 third quarter financial results before market open on Thursday, November 3, 2016. A conference call to discuss the results has been planned for the same day at 9:00 am EDT. The telephone number to access the conference call is 913-312-6668 or toll-free 888-609-5667. The passcode for the call is 2510197. The number to access the conference call replay is 719-457-0820 or toll-free 888-203-1112 and the passcode for the replay is 2510197.
Shares of McDonald’s Corporation (NYSE:MCD), lost -1.03% and closed at $111.25 in the last trading session. MCD stock opened its last trade at $112.89 and after floating in a range of $111.23to $113.09. The company’s Market capitalization is $93.54 Billion with the total Outstanding Shares of 853.30 million. During the 52-week trading session the minimum price at which share price traded, registered at $102.08 and reached to max level of $131.96. The Earnings per Share of the company stands at $5.25. Recently, McDonald’s declared that for the quarter ended September 30, 2016, the Company anticipates to incur about $130 million in pretax charges, or about $0.12 per share on an after-tax basis, consisting of restructuring and non-cash impairment charges related to its global G&A and refranchising programs. These programs were outlined in November 2015, counting plans to refranchise 4,000 restaurants by the end of 2018 and a net G&A savings target of $500 million, the vast majority of which is expected to be realized by the end of 2017. Going forward, the Company anticipates to incur additional planned charges in connection with these ongoing programs.
Further details regarding the charges for the third quarter and an update on our refranchising activities will be offered during the Company’s regularly planned earnings conference call later this month.