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Saturday 22 August 2015
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Active Stocks News Buzz: The Coca-Cola Co (NYSE:KO), Basic Energy Services, Inc (NYSE:BAS), Tableau Software Inc (NYSE:DATA)

On Wednesday, Shares of The Coca-Cola Co (NYSE:KO), lost -0.92% to $40.92.

The Coca-Cola Company recently declared that James Quincey, President and Chief Operating Officer, will present at 11:15 a.m. EDT, Wednesday, Sept. 9, 2015 during the Barclays Global Consumer Staples Conference being held in Boston.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.

Shares of Basic Energy Services, Inc (NYSE:BAS), declined -12.14% to $4.27, during its last trading session.

Oil prices fell to six-year lows recently after the Energy Information Administration (EIA) released data that showed U.S. crude stockpiles rose by 2.6 million barrels last week, contrast to analysts’ estimates of a supply decline of 777,000 barrels, according to Reuters.

The EIA report “got everybody by surprise,” Scott Shelton, broker at ICAP PLC, told The Wall Street Journal. “I don’t see anything good in this report.”

Crude oil (WTI) is falling 4.72% to $40.61 per barrel this afternoon, while Brent crude is down 3.97% to $46.87 per barrel, according to the CNBC.com index.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs.

Finally, Tableau Software Inc (NYSE:DATA), ended its last trade with -1.23% loss, and closed at $104.74.

Tableau Software Inc, declared the launch of its Shanghai operations (Tableau (China) Co., Ltd.) as the company expands in China to better serve customers and partners locally.

Tableau is on a mission to assist more people see and understand their data. The opening of its Shanghai office is a milestone in the company’s growth in China. JY Pook, APAC Vice President of Tableau Software said, “With 1.3 billion people, a quickly expanding urban economy, and exponential rates of Internet and smartphone penetration, China generates an immense amount of data annually. Tableau can assist bring that data to life with rapid-fire insights.”

China Eastern Airlines, China’s second-largest and the world’s ninth-largest carrier by planned passengers, uses Tableau to analyze market research, optimize its “Origin-to-Destination” routes, and enhance revenue. According to James Pu, senior executive of networking and revenue for the airlines, “In six months, we’ve developed nine dashboards for separate uses. So, now we have 500 people who use the dashboards to analyze marketing, our competition, the other carriers, and our flights-to-revenues… It’s easy for everyone who uses Tableau to drill down, past the peel of the orange and to the core.” On business returns about one year into using Tableau, the airlines stated a 2 percent enhance in revenue, which represented about US$200 million.

Tableau Software, Inc., together with its auxiliaries, provides business analytics software products in the United States, Canada, and internationally.

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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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