Active Stocks in Review: General Electric Company (NYSE:GE), Continental Resources, Inc. (NYSE:CLR)

Active Stocks

On Monday, Shares of General Electric Company (NYSE:GE), increased 5.34% to $26.83.


General Electric Company (GE) is a differentiated framework and money related administrations organization. The items and administrations of the Company range from flying machine motors, power era, oil and gas generation hardware, and family unit apparatuses to therapeutic imaging, business and buyer financing and mechanical items.

General Electric Capital Corporation (“GECC”) as of late proclaimed the estimating terms of the once in the past pronounced private offers started by GE Capital International Funding Company (the “Backer”) to trade (the “Trade Offers”) the Issuer’s new senior unsecured notes (all in all, the “New Notes”) for certain exceptional obligation securities (all things considered, the “Old Notes”). The estimating terms were set up at 11:00 a.m. (New York City time) (4:00 p.m. (London time)) on October 5, 2015 (the “Value Determination Date”).

The Exchange Offers are being directed by the Issuer upon the terms and subject to the conditions put forward in a different offer to trade (which is accessible just to Eligible Holders), as adjusted by this presentation and the assertion in regards to the Exchange Offers dated October 3, 2015 (the “Offer to Exchange”). Promoted terms not generally characterized thus have the implications put forward in the affirmation with respect to the Exchange Offers dated September 21, 2015.

Shares of Continental Resources, Inc. (NYSE:CLR), slanted 6.26% to $34.14, amid its last exchanging session.

Continental Resources, Inc. is a free raw petroleum and common gas investigation and generation organization. The Company claims properties in the North, South and East locales of the United States. The North district comprises of properties north of Kansas and west of the Mississippi River and incorporates North Dakota Bakken, Montana Bakken and the Red River units.

Continental Resources, arrangements to pronounce second from last quarter 2015 income on Wednesday, November 4, 2015 after the end of exchanging on the New York Stock Exchange. The Company arrangements to host a telephone call to examine second from last quarter 2015 results on Thursday, November 5, 2015 at 12:00 p.m. ET (11:00 a.m. CT).

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About the Author

Kristen Rose
University graduate with a bachelor's degree in business administration. Kristen is the Finance Editor, overseeing markets, economics, wealth, fintech, banking, and regulation coverage, based in London. She like to keep things simple, enjoy life, & appreciate everything around me.♡