hornbeck in A Sentence
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Hornbeck Offshore Services.
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Todd Hornbeck, on his company's Q2 conference call, brought the high level focus down to specifics, describing fresh activity“.
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The second story is about Shawn Hornbeck who was kidnapped at age 11 and kept for 4 years by his abuser.
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The NYSE announced that Hornbeck stock was was suspended from trading because the company did not maintain an average global market capitalization of at least $15 million over a consecutive 30-trading-day period, as required by NYSE continued listing standards.
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Hornbeck, which operates offshore service vessels primarily in the Gulf of Mexico and Latin America, said it intends to appeal the NYSE's decision and will request a review of its appeal by a Committee of the Board of Directors of the Exchange.
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Interestingly, in announcing its 2017 re-financing, Hornbeck said,“The New Credit Facility may be used for working capital and general corporate purposes, including the acquisition of distressed assets and/or the refinancing of existing debt, subject to, among other things, compliance with certain minimum liquidity(cash and credit availability) requirements.”.
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