HD Supply Holdings Inc (NASDAQ:HDS) one of the largest industrial distributors in North America, announced that HD Supply, Inc., its indirect wholly-owned subsidiary, had redeemed all of its outstanding $675 million 11% Senior Secured Second Priority Notes due 2020 using proceeds from the completion of the previously announced sale of its Power Solutions business. The redemption amount of $783.3 million included a make-whole premium of approximately $71.6 million and accrued interest of approximately $36.7 million. The reduction in future interest expense is expected to be approximately $75 million annually. The Company’s Net Debt to Adjusted EBITDA leverage ratio as of August 2, 2015 is 5.3x adjusted for this redemption of the Second Priority Notes.
HD Supply Holdings Inc (NASDAQ:HDS) reported the gain of 1.02% and closed at $29.65 with the total traded volume of 2.03 million shares. Its market capitalization is $5.84 billion. The stock has a 52-week high price of $36.81 and its 52-week low was recorded at $26.51.
Avnet, Inc. (NYSE:AVT) a leading global technology distributor, today announced that registration is now open in Asia for a series of SpeedWay Design Workshops featuring Avnet’s newly released ARTY Xilinx Artix-7 35T FPGA Evaluation Kit. Technical experts from Avnet will lead the full-day “Introduction to Vivado Design Suite” SpeedWay Design Workshops, providing attendees with hands-on product experience that will help them accelerate designs with Xilinx hardware description language (HDL). Utilizing Xilinx Artix-7 hardware, attendees will be introduced to techniques for entering, building and debugging designs in Verilog or very high speed integrated circuit HDL (VHDL). Attendees will also learn best practices in board planning, design creation, IP integration, design implementation and closure techniques, programming and hardware debug using the Xilinx UltraFast Design Methodology.
Avnet, Inc. (NYSE:AVT) declined -0.48% and ended at $44.83. The total traded volume was 1.47 million shares and market capitalization arrived at $5.99 billion. The stock has a 52-week high price of $47.27 and its 52-week low was recorded at $36.42, while during last trade its minimum price was $44.54 and it gained the highest price of $46.22.
Helmerich & Payne, Inc. (NYSE:HP) conference will be broadcast live over the Internet on Thursday, November 12, 2015, at 11:00 a.m. (ET) with John Lindsay, President and CEO, and Juan Pablo Tardio, Vice President and CFO. Helmerich & Payne, Inc. is primarily a contract drilling company. As of September 30, 2015, the Company’s existing fleet included 349 U.S. land rigs, 38 international land rigs and nine offshore platform rigs.
Helmerich & Payne, Inc. (NYSE:HP) reported the decrease of -1.25% to close at $55.26 with the overall traded volume of 1.99 million shares. Its market capitalization on last close reached to $6.03 billion. The company has the total of 107.75 million outstanding shares.
Flowserve Corp (NYSE:FLS) a leading provider of flow control products and services for the global infrastructure markets, reported Adjusted Earnings Per Share of $0.81 for the 2015 third quarter, which includes $0.06 per share of negative currency translation as compared to last year and $0.03 per share of bad debt expense. As previously disclosed, Flowserve’s 2015 Adjusted EPS calculation excludes the impact of the SIHI Group acquisition, which was completed on January 7, 2015, as well as below-the-line foreign currency effects and specific one-time events, such as the 2015 realignment initiatives. In the 2015 third quarter, Flowserve’s Adjusted EPS excluded $0.11 per share of these items.
Flowserve Corp (NYSE:FLS) increased 0.67% settle at $45.00. Its total traded volume during last trading session was 2.37 million shares. The overall market worth of this company is about 5.94 billion. The 52 week range of the stock remained $39.47 – $68.65, while its day’s lowest price was $44.29 and its hit its day’s highest price at $45.34.