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Tuesday 21 July 2015
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Active Stock’s Buzzers: AT&T, Inc. (NYSE:T), Xerox Corporation (NYSE:XRX), Sanchez Energy Corporation (NYSE:SN)

On Wednesday, Shares of AT&T, Inc. (NYSE:T), lost -1.11% to $34.73.

This Saturday, July 18th, AT&T, United Farm Workers (UFW), CORO Northern California, and Udacity will launch the “AdelanTECH Leadership Program” – a unique, new program to empower emerging rural leaders to succeed and lead in California’s innovation economy.

The AdelanTECH Leadership Program will launch in Salinas with an inaugural class of 12 fellows – farmworkers and the adult children of farmworkers. The fellows will take part in a rigorous, year-long program developed by AT&T, UFW, CORO Nothern California and Udacity. During the program, AdelanTECH fellows will develop leadership skills based on CORO’s nationally-recognized leadership curriculum and earn a front-end web development Nanodegree credential from Udacity – a degree recognized for entry-level software development employment at AT&T.

AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.

Shares of Xerox Corporation (NYSE:XRX), declined -0.85% to $10.44, during its last trading session.

Nearly three-quarters of small and medium-sized businesses (SMBs) do not have a managed print service (MPS) in place - a substantial opportunity for channel partners to assist clients reduce cost by up to 30 percent annually and improve predictability while generating new, recurring revenue for their business.

Xerox (XRX) has unveiled four new tools within its Xerox Partner Print Services (XPPS) offering to assist partners capitalize on the market opportunity – whether they are selling MPS for the first time or building on an established program. Channel partners can take advantage of Xerox’s three-stage MPS strategy – assess and optimize, secure and integrate, and automate and simplify – to deliver valuable solutions that address their clients’ evolving needs.

The new tools comprise:

  • Improved Managed Supplies Service is an easy way for partners to provide proactive, automatic supplies replenishment for printers and multifunction printers that are not under a cost-per-page price plan to save customers time and money. Leading channel partners that sell managed supplies services average 25 percent margin on managed ink and supplies revenue2, which delivers an additional predictable, recurring revenue stream.
  • The NewField IT e-Commerce Storefront makes it easy for partners to order and renew assessment tools and services to analyze a company’s IT infrastructure in order to develop and sell a smart MPS program.
  • MPS Application Programming Interface (API) is a software development kit that integrates with a partner’s front or back office system to reduce administrative costs such as client billing and improve assist desk and incident administration metrics.
  • Xerox Digital Alternatives is a simple desktop and mobile assistant technology that automates paper-based workflows that is now accessible to the channel. Users can easily sign, annotate, share, save and read documents in one interface and don’t need to print documents, convert files or toggle between different programs and digital versions; a time-saving and efficiency gain.

Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.

Finally, Sanchez Energy Corporation (NYSE:SN), ended its last trade with -4.76% loss, and closed at $7.80.

Sanchez Energy Corporation, declared operating results for the second quarter 2015. Highlights from operations comprise:

  • Record production of 4,907 thousand barrels of oil equivalent (“MBOE”) during the second quarter 2015 for average production of 53,920 barrels of oil equivalent per day (“BOE/D”) driven by shorter drilling times and strong production from recent wells put on production at Catarina. Average daily production exceeded the high end of the Company’s second quarter guidance range of 42,000 to 46,000 BOE/D. Current production is about 53,000 BOE/D.
  • The two most recent two-well pads at South-Central Catarina have averaged 24-hour initial production (“IP”) rates between 1,400 and 1,800 BOE/D and are trending in line with the strongest wells in Western Catarina.
  • Based on recent operating results in the first half of 2015, the Company is increasing its full year 2015 production guidance range to 44,000 to 48,000 BOE/D.
  • The Company has met all Catarina drilling commitments for the annual term, which ended June 30, 2015, by drilling 68 wells towards the 50-well annual commitment. The Company enters the next well-commitment year with a bank of 18 wells that reduces the number of remaining wells in the next 50-well annual commitment to 32 wells required to be drilled before June 30, 2016.
  • Well costs in Catarina have reduced from about $6.5 million per well that was budgeted at the start of 2015, to below $4.5 million presently.

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast. It has about 226,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale in South Texas; and about 69,000 net leasehold acres in the Tuscaloosa Marine Shale in Mississippi and Louisiana.

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