2 Active Stocks in the News: Magnum Hunter Resources Corp (NYSE:MHR), Facebook Inc (NASDAQ:FB)

Active Stocks

Shares of Magnum Hunter Resources Corp (NYSE:MHR), slanted 32.47% to $0.490, amid its last exchanging session.


Magnum Hunter Resources Corporation (Magnum Hunter), an autonomous oil and gas organization, is locked in fundamentally in the investigation for and the misuse, securing, advancement and creation of regular gas and characteristic gas fluids (NGLs) assets in the United States.

Magnum Hunter Resources, announced that the Board of Directors has assigned Chris Hewitt as Vice President – Finance and Capital Markets successful September 15, 2015. Mr. Hewitt, age 45, will report straightforwardly to Gary C. Evans, Chairman and Chief Executive Officer of Magnum Hunter.

Mr. Hewitt brings over 14 years of venture managing an account experience, checking 12 years giving value and obligation capital markets and mergers and securing consultative administrations for substantial autonomous oil and gas investigation and creation organizations. Mr. Hewitt has broad involvement in executing capital business sector exchanges, checking beginning open and take after on value offerings notwithstanding speculation level and high return obligation offerings. Prior to his arrangement at Magnum Hunter, Mr. Hewitt served as Director of vitality venture keeping money at Wells Fargo Securities since 2010. Amid his 9 year residency at Wells Fargo Securities (once in the past Wachovia Capital Markets) he additionally served as Vice President of vitality speculation managing an account. Before joining Wells Fargo/Wachovia, Mr. Hewitt served in different venture keeping money parts at both Lehman Brothers and Bear Stearns & Company. Mr. Hewitt earned a Bachelor of Arts degree in International Relations from the University of Notre Dame. Furthermore, Mr. Hewitt holds a Juris Doctorate from the University of Texas School of Law and a Masters of Business Administration from the Fuqua School of Business at Duke University.

On Friday, Shares of Facebook Inc (NASDAQ:FB), increased 1.23% to $92.07.

Facebook, Inc. is a long range interpersonal communication organization. The Company is occupied with creating items that empowers clients to join and share through cell phones and PCs.

Facebook, scope was begun with a “Beat” rating and $115.00 value focus at Wedbush. Wedbush’s objective value per offer would recommend upside of 26.44% from the organization’s last stock close.

On other hand, Facebook, Inc. (FB) announced as of late that the organization’s second from last quarter 2015 money related results will be discharged secondary selling close on Wednesday, November 4, 2015.

Facebook will have a telephone call to talk about its outcomes at 2 p.m. PT/5 p.m. ET that day.

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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.♡