5:49 am European Markets : FTSE...6660.58...+79.00...+1.20%. DAX...11232.17...+235.80...+2.10%. 5:49 am Asian Markets : Nikkei...19779.83...-75.70...-0.40%. Hang Seng...24901.28...+508.50...+2.10%. 5:15 am Intercontinental Hotels Group sells InterContinental Hong Kong for $938 mln (IHG) : Co announces that it has agreed to sell IHG's ownership interest in InterContinental Hong Kong to Supreme Key, a consortium of investors advised and managed by Gaw Capital Partners, for a gross purchase price of $938m. The Buyer has paid a cash deposit to IHG of $94m, with the remaining proceeds payable in cash on completion. 4:48 am On The Wires (:WIRES) : - GOLDCORP (GG) announced that it has extended the deadline for former shareholders of Probe Mines to file tax election forms to August 31, 2015.
- North Atlantic Drilling (NADL) has been awarded a contract extension for the semi-submersible rig West Phoenix by Total E&P UK Limited, commencing mid-March 2016 and securing work for the unit through the end of August 2016. The total revenue potential for the contract extension is approximately $62 million.
- ZTE Corporation (ZTCOF) announced the company signed a memorandum of understanding with SoftBank Corp. to collaborate on research and development on Pre5G mobile communications networks technology.
4:43 am Greece update: Comments from an EU official indicates a decision may come as early as today (GREK) : 3:20 am Charter Comm prices $15.5 bln in Senior Secured Notes (CHTR) : Co announced that its subsidiary, CCO Safari, LLC, has priced $15.5 bln of senior secured notes due 2020, 2022, 2025, 2035, 2045 and 2055
- Charter intends to use the net proceeds from the sale of the Notes to partially finance Charter's previously announced transactions with Time Warner Cable (TWC) and Bright House Networks
2:35 am TrueCar to end partnership with AutoNation (AN) at the end of July (TRUE) : TrueCar (TRUE), the negotiation-free car buying and selling mobile marketplace, is ending its longstanding partnership with AutoNation Inc., effective at the end of July.
- AutoNation represented 3.1% of TrueCar's total revenue in the first quarter of 2015, down from 3.2% in Q1 2014.
- AutoNation had 279 active franchise dealers using the TrueCar platform at the end of the first quarter, or 3.1% of total active franchise dealers on the TrueCar platform on that date.
- Users of the TrueCar platform who purchased from an AutoNation dealer represented 4.2% of TrueCar's total units in the first quarter, down from 4.6% in the first quarter of 2014.
- TrueCar estimates that users of its platform were 7% of AutoNation's Q1 2015 new vehicle sales, up from 6% in the first quarter of 2014.
2:21 am TherapeuticsMD prices ~3.8 mln shares of its common stock at $7.80 per share (TXMD) : 1:11 am Atara Biotherapeutics prices offering of 3,461,538 shares of its common stock at $52.00 per share (ATRA) : 1:10 am Eco-Stim Energy prices offering of 5,500,000 shares of common stock at $4.75 per share (ESES) : 1:07 am Retail Properties of America provides update on 2015 goals (RPAI) : Co provided an investor update on the progress towards execution on its 2015 strategic goals.
- During the first half of 2015, the Company continued to aggressively refine its portfolio with total transaction activity of $545.6 million, consisting of $390.5 million of acquisitions and $155.1 million of dispositions.
- The Company also continued to expand its access to new forms of capital with the issuance of $250.0 million of its investment grade public unsecured notes, demonstrating the strength and flexibility of its balance sheet.
- Operationally, the Company continues to enhance the dominance of its shopping centers and resiliency of its cash flow stream through its remerchandising initiatives and robust, target market focused operating platform.
1:03 am Cameco provides an update on Saskatchewan forest fire situation; operations in the Athabasca Basin has not been interrupted (CCJ) : None of Cameco's operations are directly threatened by the fires which are concentrated in north central Saskatchewan. 1:00 am Ventas prices $500 mln aggregate principal amount of 4.125% Senior Notes due 2026 (VTR) :
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