On Wednesday, Shares of Synchrony Financial (NYSE:SYF), added 2.23% and closed at $27.94 in the last trading session. The last trading range of the stock ranges between $27.29 and $28.02. The company’s Market capitalization is $23.09 Billion with the total Outstanding Shares of 833.93 Million. Synchrony Financial (NYSE: SYF) is one of the nation’s premier consumer financial services companies. Our roots in consumer finance trace back to 1932, and recently we are the leading provider of private label credit cards in the United States based on purchase volume and receivables.* We provide a range of credit products through programs we have established with a diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers to assist generate growth for our partners and offer financial flexibility to our customers. Through our partners’ over 350,000 locations across the United States and Canada, and their websites and mobile applications, we offer our customers various credit products to finance the purchase of goods and services. Synchrony Financial offers private label and co-branded Dual Card™ credit cards, promotional financing and installment lending, loyalty programs and FDIC-insured savings products through Synchrony Bank.
Callon Petroleum Company (NYSE:CPE), jumped 1.95% and closed at $15.67 in the last trading session. The last trading range of the stock ranges between $15.52 and $15.83. The company’s Market capitalization is $2.42 Billion with the total Outstanding Shares of 157.14 Million. – Callon Petroleum Company (CPE) (“Callon” or the “Company”) recently declared the closing of its offering of $400 million aggregate principal amount of 6.125% senior unsecured notes due 2024 (the “Notes”) at an issue price of 100% of the aggregate principal amount of the Notes. The Notes will mature on October 1, 2024, unless redeemed in accordance with their terms before such date. The Notes were offered to qualified institutional buyers following Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to certain non-U.S. persons in accordance with Regulations S under the Securities Act.
The net proceeds of the offering, after deducting initial purchasers’ discounts and estimated offering expenses, were about $391 million. The Company intends to use the net proceeds of the offering to repay amounts borrowed under its second lien term loan and for general corporate purposes, counting for a potential increase in drilling activity. The Notes are guaranteed on a senior unsecured basis by the Company’s wholly-owned partner, Callon Petroleum Operating Company, and may be guaranteed by certain future auxiliaries. Interest on the Notes is payable semi-annually.
Western Refining, Inc. (NYSE:WNR), jumped 1.90% and closed at $28.37 in the last trading session. The last trading range of the stock ranges between $28.02 and $28.80. During the 52-week trading session the minimum price at which share price traded, registered at $18.14 and reached to max level of $47.55. Western Refining, Inc. (WNR) recently declared that Company administration will take part in the Deutsche Bank 24th Annual Leveraged Finance Conference in Scottsdale, Arizona on Wednesday, September 28, 2016. The presentation is presently planned for 2:55 p.m. EDT and will be webcast live. A link to the live webcast and the presentation will be available on the Shareholder Relations section of Western Refining’s website starting September 28, 2016, and will remain available in accordance with the Company’s shareholder presentation archive policy.