After the introduction of iOS and Android operating system, BlackBerry’s which was known for its very secure interface went down. Due to growing completion in the market, the company slowly lost its popularity in the multi-billion smartphone market. It later shifted its focus and business to development of software. A...
Spirit Realty Capital, Inc (New)(NYSE:SRC) reported that its Board has approved a new stock repurchase plan for up to $250 million of its common stock to be executed within 18 months from the authorization date. The details Jackson Hsieh, the CEO and President of Spirit, reported that having rebought $200 million...
Oasis Petroleum Inc. (NYSE:OAS) reported the launch of the Oasis Midstream Partners LP initial public offering of 7.5 million common units showcasing limited partner interests, at an expected IPO price between $19 and $21 per common unit, following a registration statement on Form S-1 earlier filed with the "SEC". The...
Centurylink Inc (NYSE:CTL) recently won a spot on the GSA's 15-year, Enterprise Infrastructure Solutions program worth $50 billion. It is a multiple-award deal vehicle for federal government agencies to buy information technology as well as telecommunications infrastructure services. The details EIS is an IDIQ plan that works as the follow on...
ENSCO PLC (NYSE:ESV) reported that ultra-deepwater drillship “ENSCO DS-7” received a contract by Noble Energy to complete four production wells and drill two wells at the Leviathan field work in the Mediterranean Sea. This deal is anticipated to start in March 2018 and be closed in December 2018. The...
In the last trading session, the stock price of Encana Corp (USA)(NYSE:ECA) declined almost 1% to close the day at $9.33. The market cap of firm was recorded at around $9 billion. Earlier in July, the company reported that its performance in the second quarter of the year has...
Annaly Capital Management, Inc. (NYSE:NLY) posted its financial report for the quarter closed June 30, 2017. GAAP net income came at $14.5 million, while core earnings excluding PAA stood at $332.6 million. Core return on average equity excluding PAA came at 10.54% while GAAP return on average equity came...
Energy Transfer Partners LP (NYSE:ETP) posted it has priced its previously reported underwritten public offering of 54 million common units showcasing limited partner interests at $18.65/common unit. Net proceeds from the public will be used by company to repay amounts due as per its revolving credit facilities, for general...
Oclaro Inc (NASDAQ:OCLR) released the financial report for its fourth quarter and FY2017, which closed July 1, 2017. For Q4 2017, revenue came at $149.4 million as compared to revenue of $162.2 million in the Q3 FY2017, and revenue of $125.2 million in the Q4 2016. GAAP gross margin...
ENSCO PLC (NYSE:ESV) reported that independent proxy advisory entity Egan-Jones Rating Company has joined Glass Lewis in recommending that company shareholders vote in favor of the pending all-stock deal of Atwood Oceanics, Inc. at the firm’s imminent general meeting of shareholders in this week. The Egan-Jones recommendation validates the...