On Friday, Shares of Swift Transportation Co (NYSE:SWFT), subtract -0.80% and shut at $24.80 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $24.72 and $25.14 . Swift Transportation Company operates as a multi-faceted transportation services company in North America. The company operates through four segments: Truckload, Dedicated, Swift Refrigerated, and Intermodal. The Truckload segment provides services through one-way movements over irregular routes utilizing companys and owner-operator tractors with dry van, flatbed, and specialized trailing equipment in the United States, Mexico, and Canada. The Dedicated segment offers tailored solutions under long-term contracts utilizing refrigerated, dry van, flatbed, and other specialized trailing equipment. The Swift Refrigerated segment mainly offers shipments for customers who require temperature-controlled trailers. This segments shipments include one-way movements over irregular routes, in addition to dedicated truck operations. The Intermodal segment moves freight over the rail in containers and other trailing equipment; and provides drayage services to transport loads between the railheads and customer locations. The company also offers logistics and freight brokerage services, in addition to support services to its customers and owner-operators, counting repair and maintenance shop services, equipment leasing, and insurance. As of December 31, 2015, it operated a fleet of 15,211 company tractors and 4,653 owner-operator tractors; 65,233 trailers; and 9,150 intermodal containers from 40 terminals near key freight centers and traffic lanes.
Shares of Liberty Interactive Group (NASDAQ:QVCA), subtract -0.52% and shut at $21.07 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $21.00 and $21.34. The association’s commercial center capitalization is $13.80 Billion with the general uncommon loads of 466.95 million. Liberty Interactive LLC (“Liberty”), a partner of Liberty Interactive Corporation (Nasdaq: QVCA, QVCB, LVNTA, LVNTB), declares a semi-annual interest payment and additional distribution to the holders of its 4.0% Senior Exchangeable Debentures due 2029 (the “Debentures”). The amount of the semi-annual interest payment is $20.00 per $1,000 original principal amount of Debentures (a “Debenture”), and the amount of the additional distribution is $0.8489 per Debenture. Under the Indenture for the Debentures, the original principal amount of the Debentures is reduced by an amount equal to each extraordinary distribution made to holders of the Debentures. Thereafter, the adjusted principal amount is further reduced on each successive semi-annual interest payment date to the extent necessary to cause the semi-annual interest payment to represent the payment of an annualized yield of 4.0% of the adjusted principal amount. This latter adjustment, to the extent it is made by reason of a particular extraordinary distribution that results in an adjustment to the principal amount of the Debentures, takes effect on the second succeeding interest payment date after the payment of that extraordinary distribution.