Antero Resources Corporation (NYSE:AR) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.04% to $26.55. Antero Resources Corporation (AR) released that, subject to market conditions, it intends to offer $550 million in aggregate principal amount of senior unsecured notes due 2025 in a private placement to eligible purchasers.Antero intends to use a portion of the net proceeds of the offering to finance the redemption of its $525 million of outstanding 6.0% Senior Notes due 2020 and intends to use the remaining net proceeds for general corporate purposes.
The securities to be offered have not been registered under the Securities Act of 1933, as amended, or any state securities laws; and unless so registered, the securities may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The notes are expected to be eligible for trading by qualified institutional buyers under Rule 144A and outside the United States pursuant to Regulation S. The share price of AR attracts active investors, as stock price of week volatility recorded 2.53%. The stock is going forward to its 52-week low with 43.51% and lagging behind from its 52-week high price with -13.41%.
Staples, Inc. (NASDAQ:SPLS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.61% to close at $9.95 with the total traded volume of 10.77 Million shares. Staples, Inc. (SPLS) along with Cerberus Capital Management, L.P. released that they have entered into an agreement in relation to the sale of a controlling interest in Staples’ European operations to a Cerberus affiliate. Staples said the company is retaining a 15 percent equity interest in the business and will be represented on its board following the closing of the transaction.
The agreement follows Staples’ recent announcement of the sale of its UK retail business to Hilco Capital Limited, which also aligned with Staples’ new strategic direction of right-sizing its international business.”One of our top strategic priorities has been to narrow our geographic focus on North America, and this is an important step toward simplifying our operations and better positioning Staples for sustainable long-term growth,” said Shira Goodman, CEO and President, Staples, Inc. The firm has institutional ownership of 92.10%, while insider ownership included 0.10%. Its price to sales ratio ended at 0.32. SPLS attains analyst recommendation of 2.90 with week performance of 2.90%.