On Tuesday, Shares of Cosi Inc (NASDAQ:COSI), subtract -24.56% and closed at $0.0430 in the last trading session. The last trading range of the stock ranges between $0.04 and $0.06. – Così, Inc. (COSI), the fast-casual restaurant company, recently declared that, on September 29, 2016, it received notice from the Listing Qualifications Department of The Nasdaq Stock Market indicating that, in accordance with Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq has determined that the Company’s securities will be delisted from The Nasdaq Stock Market. Given the continued listing requirements of The Nasdaq Stock Market and the Company’s pending Chapter 11 cases, the Company does not plan to appeal the Nasdaq determination to delist the Company’s common stock. Accordingly, trading of the Company’s common stock will be suspended at the opening of business on October 10, 2016, and a Form 25-NSA will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.
Genworth Financial Inc (NYSE:GNW), jumped 2.11% and closed at $5.07 in the last trading session. The last trading range of the stock ranges between $4.97 and $5.17. The company’s Market capitalization is $2.53 Billion with the total Outstanding Shares of 498.34 million. Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products mainly insure prime-based and individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance products and services that aid in the sale of mortgages to the capital markets, in addition to assists lenders manage capital and risk in Canada. The Australia Mortgage Insurance segment offers flow mortgage insurance, in addition to bulk mortgage insurance that aids in the sale of mortgages to the capital markets in Australia. The U.S. Life Insurance segment offers long-term care insurance products, in addition to service traditional life insurance and fixed annuity products in the United States. The Runoff segment covers non-planned products, which mainly include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products.
Vanguard Natural Resources, LLC (NASDAQ:VNR), lost -38.61% and closed at $0.517 in the last trading session. The last trading range of the stock ranges between $0.51 and $0.83. During the 52-week trading session the minimum price at which share price traded, registered at $0.51 and reached to max level of $9.53. Vanguard Natural Resources, LLC (VNR) (“Vanguard” or “the Company”) declared recently that it has elected not to make the about $15 million semi-annual interest payment due on October 3, 2016 on about $381.8 million in aggregate principal amount of 7.785% of Senior Notes due 2020 (the “Notes”).Vanguard made the decision to take advantage of the applicable grace period under the indenture governing the Notes following negotiations with Vanguard’s lenders (“First Lien Lenders”) under its first lien credit facility (the “Credit Facility”). The First Lien Lenders consented to the Company’s decision to preserve liquidity and flexibility pending the outcome of the fall borrowing base redetermination on the Credit Facility and as the Company continues to engage in constructive dialogue with new potential capital sources. In connection with this decision regarding the interest payment on the Notes, the Company and the First Lien Lenders reached a waiver under the Credit Facility which allowed the Company to use the grace period offered under the Notes without triggering an event of default under the Credit Agreement.