Penn West Petroleum Ltd (NYSE:PWE) may have trouble meeting cash flow covenants on C$2.1 billion ($1.7 billion) in bonds and is holding discussions with bondholders in an effort to keep doing business as usual, Chief Executive Officer David Roberts said on Thursday. Roberts said he expects the bondholders will want to work with the Western Canadian oil producer, as was reported on 22 January 2015. On Wednesday shares of Penn West Petroleum Ltd. (NYSE:PWE) closed at $1.46. Company’s sales growth for last 5 years was -12.70% and EPS growth for next 5 years is recorded as 9.30%.
Host Hotels & Resorts, Inc. (NYSE: HST) announced that its European joint ventures’ recently acquired 394-room Grand Hotel Esplanade Hotel in Berlin was converted to a Sheraton franchise in December 2014. EVENT Hotel Group, an established European operator, will continue to operate the hotel under a franchise agreement. Host Hotels & Resorts, Inc. (NYSE:HST) in last trading activity decreased -2.00% to close at $23.50. Company weekly performance is -0.47% while its quarterly performance stands at 4.26%. Host Hotels & Resorts, Inc. (NYSE:HST) is -3.29% away from its 52 week high.
Handy & Harman Ltd. (NASDAQ:HNH) (“HNH” or the “Company”) announced on 23 January 2015 that it has finalized the sale of its subsidiary Arlon, LLC to Rogers Corporation. HNH previously announced the signing of the definitive agreement on December 19, 2014. The total transaction value is $157,000,000 (subject to customary closing adjustments). “We appreciate the dedication and commitment of the Arlon team over the past seven years and wish them continued success under Rogers’ stewardship,” said Jack L. Howard, HNH’s Vice Chairman and Principal Executive Officer. On last trading day Handy & Harman Ltd. (NASDAQ:HNH) moved up 1.37% to close at $46.76. Its volatility for the week is 5.92% while volatility for the month is 7.21%. HNH’s sales growth for past 5 years was -0.80% and its EPS growth for past 5 years was -5.90%. Handy & Harman Ltd. (NASDAQ:HNH) monthly performance is 0.54%.
Plantronics Inc (NYSE:PLT) announced the earnings results for Fiscal Year 2015 and Quarter 3. The results came in during after-hours on January 26,2015. Company reported revenue of $238.78 Million, above the estimates of $225.84 Million. The revenues were $12.94 Million or 5.73% above the estimates. Earnings per share were $0.79.The reported EPS was below estimates by $0.02 or -2.47%. Analysts had estimated an EPS of $0.81. Plantronics, Inc. (NYSE:PLT) has 1.00% insider ownership while its institutional ownership stands at 91.70%. In last trading activity company’s stock closed at $47.02.
Dundee Securities upgraded shares of Vermilion Energy (NYSE:VET) from a neutral rating to a buy rating in a research note issued to investors on Monday. On last trading day Vermilion Energy Inc. (NYSE:VET) decreased -5.54% to close at $42.42. Its volatility for the week is 4.05% while volatility for the month is 4.79%. Vermilion Energy Inc. (NYSE:VET) monthly performance is -14.44%.