Latest Torch Energy Royalty Trust (TRU) Headlines
Post# of 20
Maxim Integrated to Present at Upcoming Investor Conferences
PR Newswire - Wed Jan 29, 3:00PM CST
Maxim Integrated Products, Inc. (NASDAQ: MXIM) announced today that Chief Financial Officer Bruce Kiddoo will be presenting at the Stifel Technology, Internet & Media Conference in San Francisco, California. The presentation is scheduled to begin at 1:30 pm Pacific Time on February 11, 2014. Interested parties unable to attend the conference can listen to a live audio webcast at http://www.maximintegrated.com/stifel2014. A replay of the audio webcast will be available for 30 days at the same location.
Torch Energy Royalty Trust Revises Distribution Amount
PR Newswire - Fri Dec 13, 4:21PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced with respect to its recently declared cash distribution that the total amount of the distribution is being adjusted down $360,000 due to additional expenses forecasted in the wind down and liquidation of the Trust. As a result, the previously announced applicable record date and the distribution date are being adjusted accordingly. Specifically, the distribution is $3,031,349 or 35.2482 cents per unit, payable on December 30, 2013 to unitholders of record on December 23, 2013. The current expected cash reserve is approximately $510,000.
Torch Energy Royalty Trust Declares Fourth Quarter 2013 Cash Distribution
PR Newswire - Wed Dec 04, 3:15PM CST
Torch Energy Royalty Trust ("Trust") (OTC PINK Sheets: TRRU) (www.torchroyalty.com) today announced a cash distribution of $3,390,639.72 or .394260 cents per unit, payable on December 23, 2013 to unitholders of record on December 13, 2013. This distribution mainly relates to the proceeds from the sale of the Trust's remaining assets, net of certain Trust's cost and expenses pertaining to its liquidation. As previously reported in the Trust's Form 8-K as filed with the Securities and Exchange Commission on August 30, 2013, the Trust simultaneously signed and closed a purchase and sale agreement on August 30, 2013 by and among the Trust, Torch Royalty Company, Torch E&P Company, N.M.L. Inc. (the "Buying Parties") and Torch Energy Advisors Incorporated, pursuant to which the Trust and the Torch Energy Louisiana Royalty Trust sold its remaining assets in certain net profits interests attributable to the underlying working interests in certain fields that produce from the Cotton Valley and Austin Chalk formations located in the State of Texas and the Chalkley field located in the State of Louisiana for a purchase price of $3,258,330. The Buying Parties were the successful bidder in the public auction of such assets.
NYSE stocks posting largest volume increases
AP - Mon Jan 28, 5:08PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:
Torch Energy Royalty Trust Announces Pending Delisting from the New York Stock Exchange
PR Newswire - Thu Jan 24, 4:38PM CST
Torch Energy Royalty Trust (the "Trust") (NYSE: TRU) (www.torchroyalty.com) today announced that it received notice from NYSE Regulation, Inc. that NYSE Regulation has determined to delist the Trust's units from the New York Stock Exchange (the "NYSE"), with trading of the units to be suspended prior to the opening of NYSE trading on Wednesday, January 30, 2013. The Trust expects to commence trading on the Pink Sheets on that same day, under a symbol yet to be determined.