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Tuesday 20 October 2015
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Active Stocks News Analysis: Schlumberger, (NYSE:SLB), Radware (NASDAQ:RDWR), B/E Aerospace (NASDAQ:BEAV), Forum Energy Technologies (NYSE:FET)

Active Stocks News Analysis: Schlumberger, (NYSE:SLB), Radware (NASDAQ:RDWR), B/E Aerospace (NASDAQ:BEAV), Forum Energy Technologies (NYSE:FET)

On Tuesday, Shares of Schlumberger Limited. (NYSE:SLB), gained 2.54% to $73.92.

The Sugar Land City Council on Oct. 6 unanimously approved a tax abatement and performance agreement that will bring Schlumberger’s North American headquarters to Sugar Land, according to Business Journals.

Sugar Land Mayor James Thompson said a consultant working on behalf of the company reached out less than six months ago to talk about the possibility, and city and Fort Bend County officials worked quickly to make the deal happen.

Schlumberger Ltd. (NYSE: SLB) is already Sugar Land’s second-largest employer, and it owns a 200-acre campus there. The company has identified 32.48 acres for major improvements, counting the construction of a 250,000-square-foot Class A office building and a 100,000-square-foot amenities building. The company will also demolish obsolete buildings, repair site utilities and landscape the area. Construction is predictable to be complete by late 2017. Business Journals Reports

Schlumberger N.V. is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry.

Shares of Radware Ltd. (NASDAQ:RDWR), declined -19.11% to $14.01, during its last trading session.

Radware, declared that Convergys has selected Alteon® 5224 ADCs to support its Verint VoIP Call recording solution across all of its call centers globally. Convergys presently has 14 Alteon devices deployed across four of its six data centers to support more than 90 VoIP recorders in their call system. The company is in the process of standardizing on Alteon as its load balancing platform to support call recording for all of its 150 call centers.

In addition to its core functionality, the Alteon offers 24 Gigabit Ethernet connections and 2 10 Gigabit Ethernet uplinks for traffic processing, which enables the device to intelligently identify incoming calls and split them so they are simultaneously recording and available for the operator. In a call center environment any scenario where recordings are lost can result in customer dissatisfaction. Radware’s Alteon ADCs deliver application layer health checks with automatic failover capabilities that automatically detect when a server is down and reroute the recording to another server.

Radware Ltd. develops, manufactures and sells application delivery and application security solutions to provide end-to-end availability, performance and security of business-critical network applications.

Shares of B/E Aerospace Inc (NASDAQ:BEAV), inclined 2.26% to $46.51, during its last trading session.

B/E Aerospace, will issue its financial results for the quarter ended September 30, 2015, before the opening of the NASDAQ Stock Market on Tuesday, October 27, 2015, and will hold a conference call to discuss the results at 9:00 a.m. Eastern Time on Tuesday, October 27, 2015.

B/E Aerospace, Inc. is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services directly to various airlines and aerospace manufacturers across the world.

Finally, Forum Energy Technologies Inc (NYSE:FET), ended its last trade with 9.99% gain, and closed at $14.53.

Forum Energy Technologies, declared that it will host its third quarter 2015 earnings conference call at 8:00 AM CDT on Friday, October 23, 2015. Forum will issue a press release regarding its third quarter 2015 earnings before the conference call.

Forum Energy Technologies, Inc. is an oilfield products company. The Company designs, manufactures and distributes products and engages in aftermarket services, parts supply and related services.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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