On Monday, Shares of Rice Energy Inc (NYSE:RICE), subtract -0.07% and closed at $27.36 in the last trading session. The last trading range of the stock ranges between $27.34 and $27.75. The company’s Market capitalization is $5.45 Billion with the total Outstanding Shares of 196.57 million. Rice Energy Inc. (RICE) (“Rice Energy”) recently declared the full exercise of the underwriters’ option to purchase 6,000,000 additional shares of its common stock. The option was granted by Rice Energy to the underwriters in connection with the formerly consummated public offering of 40,000,000 shares of common stock. Settlement of the sale of the additional shares is expected to occur on October 11, 2016, subject to customary closing conditions.
Rice Energy intends to use a portion of the net proceeds from the sale of the additional shares of common stock to fund the formerly declared acquisition of Vantage Energy, LLC and Vantage Energy II, LLC (the “Acquisition”). The remaining net proceeds will be used for general corporate purposes. The offering is not conditioned on the consummation of the Acquisition, and there can be no assurance the Acquisition will be accomplished.
Masco Corp (NYSE: MAS), jumped 1.10% and closed at $33.88 in the last trading session. The last trading range of the stock ranges between $33.65 and $34.05. The company’s Market capitalization is $10.73 Billion with the total Outstanding Shares of 326.20 million. During the 52-week trading session the minimum price at which share price traded, registered at $23.10 and reached to max level of $37.38. Masco Corporation (MAS) declared recently that it will hold a conference call regarding 2016 third quarter results on Tuesday, October 25, 2016 at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten minutes before the planned start time by dialing (855) 226-2726 (855-22MASCO) and from outside the U.S. at (706) 679-3614. Please use the conference identification number 86755759.
The 2016 third quarter results and supplemental material will be distributed at 7:00 a.m. ET on October 25, 2016 and will be available on the Company’s website.
The conference call will be webcast simultaneously and in its entirety through the Masco Corporation website. Shareholders, media representatives and others interested in Masco may take part in the webcast by registering through the Shareholder Relations section on the Company’s website.
A replay of the call will be available on Masco’s website or by phone by dialing (855) 859-2056 and from outside the U.S. at (404) 537-3406. Please use the conference identification number 86755759. The telephone replay will be available about two hours after the end of the call and continue through November 25, 2016.
On the otherhand Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC), jumped 0.98% and closed at $7.19 in the last trading session. The last trading range of the stock ranges between $7.09 and $7.21. The company’s Market capitalization is $23.88 Billion with the total Outstanding Shares of 3.00 billion. During the 52-week trading session the minimum price at which share price traded, registered at $6.68 and reached to max level of $10.58. Ericsson`s (ERIC) financial report for the third quarter of 2016 will be published at about 0730 CEST on October 21, 2016.
The company will issue a press release with the complete financial report attached, counting tables, in PDF format.