News Recap: Twenty-First Century Fox Inc (NASDAQ:FOXA), Penn West Petroleum Ltd (USA)(NYSE:PWE), Royal Bank of Scotland Group PLC(NYSE:RBS)

On Thursday, Shares of Twenty-First Century Fox Inc (NASDAQ:FOXA), added 0.04% and closed at $24.56 in the last trading session. The last trading range of the stock ranges between $24.22 and $24.66. Twenty-First Century Fox, Inc., together with its auxiliaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution mainly through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, counting 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, in addition to produces and licenses television programming worldwide. Further, it offers video advertising services, counting consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation.

Penn West Petroleum Ltd (USA)(NYSE:PWE), jumped 2.17% and closed at $1.88 in the last trading session. The last trading range of the stock ranges between $1.77 and $1.89. The company’s Market capitalization is $925.97 million with the total outstanding Shares of 502.30 million. (“Penn West”, “we”, “us” or “our”) is happy to declare that David French will be joining the company as President and Chief Executive Officer and will join the Board of Directors with effect from October 24, 2016 succeeding Dave Roberts who has been in the role since June, 2013.

Mr. French, 47, most recently served as President and CEO of Bankers Petroleum Ltd., a Calgary-based publicly-traded oil and gas company with operations in Southeastern Europe.  Mr. French successfully led the operational and commercial growth of the enterprise over his tenure.  He has worked a wide range of reservoir rock types, and primary, secondary and tertiary development throughout Canada, the lower 48 United States and Europe.  Before joining Bankers in 2013, Mr. French held several executive roles at Apache Corporation counting Regional Production Manager for the western Canadian business, and Global Vice President of Business Development.  Earlier in his career Mr. French worked for McKinsey & Co. in energy consulting and built his career in the Permian Basin for Amoco Production Company (now BP). Mr. French holds a Bachelor’s degree in mechanical engineering from Rice University and an MBA from Harvard Business School.

Royal Bank of Scotland Group PLC (NYSE:RBS), dropped -2.75% and closed at $4.25 in the last trading session. The last trading range of the stock ranges between $4.18 and $4.25. During the 52-week trading session the minimum price at which share price traded, registered at $3.91 and reached to max level of $10.19. The Royal Bank of Scotland Group plc, together with its auxiliaries, provides banking and financial products and services to personal, commercial, corporate, and institutional customers worldwide. The company operates through Personal & Business Banking (PBB), Commercial & Private Banking (CPB), Corporate & Institutional Banking (CIB), Capital Resolution, Williams & Glyn, and Central Items & Other segments. It offers various traditional retail banking products, counting current and savings accounts, residential mortgages, credit cards, loan products, and investment services.

Leave a Reply

Your email address will not be published. Required fields are marked *