Pre-Market News Report on: Sanchez Energy (NYSE:SN), Planned Hotels and ... - wsnewspublishers
On Thursday, Sanchez Energy Corp (NYSE:SN )’s shares inclined 7. 14% to $6. 60. Sanchez Energy Corporation (SN) declared that its Board of Directors (the “Board”) has adopted a net operating loss carryforwards (“NOLs”) rights plan (the “Rights... The Company had federal NOLs totaling about $645. 1 million as of March 31, 2015. The Company’s use of its NOLs could be substantially limited if the Company experiences an “ownership change” (as defined in Section 382 of the Internal Revenue Code). The Company noted that the Rights Plan is designed to serve the interests of all stockholders by preserving the availability of its NOLs and is similar to plans adopted by other companies with noteworthyNOLs. Planned Hotels and Resorts Inc (NYSE:BEE )’s shares gained 0. 83% to $13. 34. Planned Hotels and Resorts Inc (BEE) declared that it has closed a new $750. 0 million unsecured. Source: www.wsnewspublishers.com
