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Friday 7 August 2015
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Active Movers to Watch: Ericsson (ADR) (NASDAQ:ERIC), Honeywell International (NYSE:HON), Pan American Silver (NASDAQ:PAAS), Atwood Oceanics, (NYSE:ATW)

On Tuesday, Shares of Ericsson (ADR) (NASDAQ:ERIC), lost -1.04% to $10.45.

Airtel Gabon has selected Ericsson as its sole supplier for the deployment of a new LTE network. The agreement also comprises transformation of the existing mobile radio access and core network infrastructure. LTE 4G technology offers the capacity and the speed to handle a rapid enhance in data traffic. The new network will enable Airtel to deliver a superior mobile broadband experience to their customers.

Christian de Faria, Chief Executive Officer at Bharti Airtel Africa, says: “Mobile broadband data is a key driver for economic growth in Gabon. The LTE launch will ensure our customers have the highest speeds and best experience accessible.”

Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.

Shares of Honeywell International Inc. (NYSE:HON), declined -0.08% to $104.62, during its last trading session.

Honeywell International declared that Carl Esposito, Vice President, Marketing & Product Administration, Honeywell Aerospace, will be presenting at the Jefferies Industrials Conference in New York City on Wednesday, August 12, 2015 from 8:00 – 8:35 a.m. EDT.

Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.

At the end of Tuesday’s trade, Shares of Pan American Silver Corp. (USA) (NASDAQ:PAAS), gained 1.31% to $ 5.81.

Pan American Silver Corp., will declare its unaudited 2015 second quarter results on Thursday, August 13th after market close. A conference call and live audio webcast with a presentation to talk about the results will be held on Friday, August 14th at 1:00 pm ET (10:00 am PT).

Pan American Silver Corp., together with its auxiliaries, operates and develops, and explores for silver producing properties and assets in Mexico, Peru, Argentina, and Bolivia. The company also produces and sells gold, zinc, lead, and copper.

Finally, Atwood Oceanics, Inc. (NYSE:ATW), ended its last trade with -3.59% loss, and closed at $19.07.

Atwood Oceanics declared that it had earned net income of $113.0 million or $1.73 per diluted share, on revenues of $330.6 million for the quarter ended June 30, 2015 contrast to net income of $122.7 million or $1.89 per diluted share on revenues of $350.4 million for the quarter ended March 31, 2015 and contrast to net income of $71.9 million or $1.11 per diluted share, on revenues of $292.8 million for the quarter ended June 30, 2014. For the nine months ended June 30, 2015, the Company earned net income of $281.9 million or $4.33 per diluted share, on revenues of $1.03 billion contrast to net income of $228.6 million or $3.52 per diluted share, on revenues of $850.6 million for the nine months ended June 30, 2014.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide. As of November 10, 2014, it owned a fleet of 13 mobile offshore drilling units, in addition to 3 ultra-deepwater drill ships under construction.

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