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ORIG

Ocean Rig UDW

$0.17

0.002 (1.16%)

18:06
09/15/17
09/15
18:06
09/15/17
18:06

Ocean Rig UDW says Cayman Court has sanctioned schemes of arrangement

Ocean Rig UDW announced that the Grand Court of the Cayman Islands has sanctioned the schemes of arrangements of the Company and its subsidiaries, Drill Rigs Holdings, Drillships Financing Holding, and Drillships Ocean Ventures. The terms of the restructuring have therefore been approved by the Cayman Court. The Scheme Companies have filed the sanction orders with the Registrar. Therefore, in accordance with the requirements of the Schemes, the Lodgment Date has now occurred. A hearing has been scheduled for September 20 by the U.S. Bankruptcy Court to consider the JPLs' motion for entry of an order giving full force and effect to the Schemes in the United States. The deadline for filing objections to the Enforcement Motion was September 8. No objections to the Enforcement Motion are pending. The Schemes affect only financial indebtedness. Operations will continue unaffected. Trade creditors and vendors will continue to be paid in the ordinary course of business and will not be affected by any of the Schemes. Once the Restructuring Effective Date has occurred, the Scheme Companies will be substantially deleveraged through an exchange of approximately $3.7B principal amount of debt for (i) new equity of the company, (ii) approximately $288M of cash, and (iii) $450M of new secured debt.

TODAY'S FREE FLY STORIES

HUBS

HubSpot

$72.15

-1.75 (-2.37%)

17:47
09/26/17
09/26
17:47
09/26/17
17:47
Earnings
HubSpot raises Q3 EPS view to (4c)-(2c) from (10c)-(8c), consensus (9c) »

Raises Q3 revenue view to…

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    Oct

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CSCO

Cisco

$33.76

0.04 (0.12%)

17:46
09/26/17
09/26
17:46
09/26/17
17:46
Periodicals
Cisco to cut around 310 headquarters jobs, Bloomberg reports »

Cisco is cutting about…

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HUBS

HubSpot

$72.15

-1.75 (-2.37%)

17:45
09/26/17
09/26
17:45
09/26/17
17:45
Hot Stocks
Breaking Hot Stocks news story on HubSpot 

HubSpot raises Q3 outlook…

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  • 03

    Oct

  • 04

    Oct

NKE

Nike

$53.70

0.47 (0.88%)

17:42
09/26/17
09/26
17:42
09/26/17
17:42
Earnings
Nike sees FY18 revenue growth in mid-single digit range, consensus $36.01B »

Sees FY18 gross margin…

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NKE

Nike

17:41
09/26/17
09/26
17:41
09/26/17
17:41
Earnings
Nike sees Q2 revenue growth in low single digit range, consensus $8.48B »

Sees Q2 gross margin…

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LLNW

Limelight Networks

$3.80

0.01 (0.26%)

17:36
09/26/17
09/26
17:36
09/26/17
17:36
Conference/Events
Limelight Networks management to meet with JMP Securities »

Meeting to be held in…

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CTAS

Cintas

$136.10

-0.77 (-0.56%)

, MU

Micron

$34.18

-0.69 (-1.98%)

17:35
09/26/17
09/26
17:35
09/26/17
17:35
Hot Stocks
On The Fly: After Hours Movers »

UP AFTER EARNINGS: Cintas…

CTAS

Cintas

$136.10

-0.77 (-0.56%)

MU

Micron

$34.18

-0.69 (-1.98%)

EDIT

Editas Medicine

$20.30

-0.83 (-3.93%)

TWTR

Twitter

$16.59

-0.39 (-2.30%)

NKE

Nike

$53.70

0.47 (0.88%)

KRNT

Kornit Digital

$17.15

-0.15 (-0.87%)

WLKP

Westlake Chemical Partners

$24.10

0.15 (0.63%)

ITCI

Intra-Cellular

$19.23

-0.57 (-2.88%)

ASND

Ascendis Pharma

$37.10

0.97 (2.68%)

03/08/13
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    Sep

NKE

Nike

$53.70

0.47 (0.88%)

17:31
09/26/17
09/26
17:31
09/26/17
17:31
Hot Stocks
Nike: North America marketplace still undergoing 'significant' transformation »

Says seeing…

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    Sep

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BVXV

BiondVax

17:29
09/26/17
09/26
17:29
09/26/17
17:29
Hot Stocks
Breaking Hot Stocks news story on BiondVax »

Eastern Capital reports…

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NKE

Nike

$53.70

0.47 (0.88%)

17:23
09/26/17
09/26
17:23
09/26/17
17:23
Hot Stocks
Nike 'bullish' on long-term opportunity in North America. »

Says sportswear category…

03/08/13
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  • 26

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OIS

Oil States

$25.75

0.25 (0.98%)

, STL

Sterling Bancorp

$24.10

0.15 (0.63%)

17:22
09/26/17
09/26
17:22
09/26/17
17:22
Hot Stocks
Breaking Hot Stocks news story on Oil States, Sterling Bancorp »

Oil States to replace…

OIS

Oil States

$25.75

0.25 (0.98%)

STL

Sterling Bancorp

$24.10

0.15 (0.63%)

03/08/13
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TWTR

Twitter

$16.59

-0.39 (-2.30%)

17:21
09/26/17
09/26
17:21
09/26/17
17:21
Hot Stocks
Twitter to begin testing longer 280 character Tweets with small group »

Aliza Rosen, product…

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KEM

Kemet

, AF

Astoria Financial

$21.09

0.08 (0.38%)

17:21
09/26/17
09/26
17:21
09/26/17
17:21
Hot Stocks
Breaking Hot Stocks news story on Kemet, Astoria Financial »

Kemet to replace Astoria…

KEM

Kemet

AF

Astoria Financial

$21.09

0.08 (0.38%)

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  • 02

    Oct

STL

Sterling Bancorp

$24.10

0.15 (0.63%)

, OIS

Oil States

$25.75

0.25 (0.98%)

17:20
09/26/17
09/26
17:20
09/26/17
17:20
Hot Stocks
Sterling Bancorp to repalce Oil States in S&P 400 at open on 10/2 »

Sterling Bancorp (STL) …

STL

Sterling Bancorp

$24.10

0.15 (0.63%)

OIS

Oil States

$25.75

0.25 (0.98%)

AF

Astoria Financial

$21.09

0.08 (0.38%)

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TWTR

Twitter

$16.59

-0.39 (-2.30%)

17:20
09/26/17
09/26
17:20
09/26/17
17:20
Hot Stocks
Twitter jumps after announcing testing for longer Tweets »

Shares of Twitter are up…

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SIX

Six Flags

$58.02

0.25 (0.43%)

, PRXL

Parexel

$88.05

0.035 (0.04%)

17:18
09/26/17
09/26
17:18
09/26/17
17:18
Hot Stocks
Six Flags to replace Parexel in S&P 400 at open on 10/2 »

Pamplona Capital…

SIX

Six Flags

$58.02

0.25 (0.43%)

PRXL

Parexel

$88.05

0.035 (0.04%)

03/08/13
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  • 28

    Sep

NKE

Nike

17:16
09/26/17
09/26
17:16
09/26/17
17:16
Hot Stocks
Nike says Q1 online sales up 19% »

Says Q1…

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HOMB

Home Bancshares

$24.05

0.28 (1.18%)

, SGBK

Stonegate Bank

$51.62

0.59 (1.16%)

17:11
09/26/17
09/26
17:11
09/26/17
17:11
Hot Stocks
Home Bancshares announces completion of the acquisition of Stonegate Bank »

Home BancShares (HOMB)…

HOMB

Home Bancshares

$24.05

0.28 (1.18%)

SGBK

Stonegate Bank

$51.62

0.59 (1.16%)

03/08/13
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  • 19

    Oct

TWTR

Twitter

$16.59

-0.39 (-2.30%)

17:11
09/26/17
09/26
17:11
09/26/17
17:11
Hot Stocks
Twitter to begin testing longer 280 character tweets with small group »

Aliza Rosen, product…

03/08/13
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AMH

American Homes 4 Rent

$22.03

0.04 (0.18%)

17:08
09/26/17
09/26
17:08
09/26/17
17:08
Hot Stocks
American Homes 4 Rent estimates to pay $10M in damage from recent hurricanes »

American Homes 4 Rent…

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TMUS

T-Mobile

$63.03

0.14 (0.22%)

17:05
09/26/17
09/26
17:05
09/26/17
17:05
Hot Stocks
T-Mobile to acquire remaining interest of iWireless from Aureon »

T-Mobile US announced the…

03/08/13
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  • 02

    Oct

ZSAN

Zosano Pharma

$0.79

-0.0498 (-5.93%)

17:04
09/26/17
09/26
17:04
09/26/17
17:04
Hot Stocks
Zosano Pharma provides patent application update »

Zosano Pharma received…

03/08/13
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ELUXY

Electrolux AB

$69.63

-0.2675 (-0.38%)

17:02
09/26/17
09/26
17:02
09/26/17
17:02
Downgrade
Electrolux AB rating change  »

Electrolux AB downgraded…

03/08/13
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03/08/13
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03/06/13
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NOC

Northrop Grumman

$284.74

3.37 (1.20%)

17:01
09/26/17
09/26
17:01
09/26/17
17:01
Hot Stocks
Northrop Grumman COO Flach to retire, Warden named next COO »

Northrop Grumman…

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WBB

Westbury Bancorp

$20.05

-0.3508 (-1.72%)

17:00
09/26/17
09/26
17:00
09/26/17
17:00
Hot Stocks
Breaking Hot Stocks news story on Westbury Bancorp  »

Westbury Bancorp trading…

03/08/13
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