Shares of IMS Health Holdings, Inc. (NYSE:IMS) [Trend Analysis] swings enthusiastically in regular trading session, it an advance of 0.57% to close at $30.03. IMS Health Holdings, Inc. (IMS) reported that it is pricing of its offering of $1.75 billion equivalent in gross proceeds of senior notes, consisting of $1.05 billion of U.S. Dollar notes and €625 million of Euro notes to be issued by its wholly owned subsidiary, IMS Health Incorporated.
The offering was upsized from the before reported $1.5 billion equivalent aggregate principal amount. The net proceeds from the notes offering (together with proceeds from additional term loans and other accessible cash) will primarily be used to extinguish certain of the issuer’s and Quintiles’ existing indebtedness in connection with the before reported proposed merger among IMS Health and Quintiles. The $1.05 billion U.S. Dollar notes will bear interest at a rate of 5.0% and will pay interest semi-yearlyly in arrears on April 15 and October 15 of each year startning on April 15, 2017. The U.S. Dollar notes will mature on October 15, 2026. Moving forward to saw long-term intention, the experts calculate Return on Investment of 9.80%. The stock is going forward its fifty-two week low with 34.30% and lagging behind from its 52-week high price with -6.45%. IMS last month stock price volatility remained 1.53%.
United Technologies Corporation (NYSE:UTX) [Trend Analysis] retains strong position in active trade, as shares scoring -0.65% to $101.66 in a active trade session, while looking at the shares volume, about 4.08 Million shares have changed hands in this session. United Technologies Corp.’s (UTX) board elected CEO Greg Hayes as chairman. The 55-year-old executive succeeds Edward Kangas, who will serve as independent lead director, the Farmington, Connecticut-based firm stated Wednesday in a statement.
Kangas before served in that role from 2013 to 2014. Hayes, CEO since November 2014, “has streamlined our business portfolio, optimized our organization and positioned the firm for sustained long-term growth,” Kangas stated in the statement. Hayes has been with United Technologies for 27 years, comprising six as chief financial officer. The firm has institutional ownership of 82.40%, while insider ownership included 0.13%. UTX attains analyst recommendation of 2.30 with week’s performance of -3.96%. Investors looking additional ahead will note that the Price to next year’s EPS is 4.84%.
Fidelity National Information Services, Inc. (NYSE:FIS) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -0.48% to 76.06 with about 2.74 Million shares have changed hands in this session. The stock is going forward its fifty-two week low with 39.08% and lagging behind from its 52-week high price with -6.87%. Same, the positive performance for the quarter recorded as 3.67% and for the year was 10.54%, while the YTD performance remained at 26.91%. FIS has Average True Range for 14 days of 0.96.