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Wednesday 14 October 2015
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Active Stocks News Recap: United Continental Holdings (NYSE:UAL), Nabors Industries (NYSE:NBR), ORBCOMM (NASDAQ:ORBC), Cytec Industries (NYSE:CYT)

On Tuesday, Shares of United Continental Holdings Inc (NYSE:UAL), lost -4.88% to $50.73.

A United Airlines flight from Houston to San Francisco was rerouted to Albuquerque, New Mexico, on Tuesday when a crew member became ill, the airline said.

United said in a statement that the crew member was unable to continue on the flight and received assistance. CNN stated that the crew member was the co-pilot, who was able to walk off the plane, according to Reuters.

After stopping in Albuquerque, the plane continued on to San Francisco, United said. The incident came one day after an American Airlines pilot died in the cockpit during a flight. Reuters Reports

United Airlines is part of United Continental Holdings Inc .

United Continental Holdings, Inc. (UAL) is a holding company and its principal wholly owned subsidiary is United Air Lines, Inc. (United). The Company transports people and cargo through its mainline operations, which use jet aircraft with at least 118 seats, and its regional operations. It has global air rights in North America, Asia-Pacific, Europe, Middle East, Africa and Latin America.

Shares of Nabors Industries Ltd. (NYSE:NBR), inclined 12.63% to $11.68, during its last trading session.

Nabors Industries, invites to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo , Chief Financial Officer, Wednesday, October 28, 2015 at 10:00 a.m. Central Time for a negotiation of operating results for the third quarter 2015. Nabors will release earnings after the market closes on October 27, 2015 .

Nabors Industries Ltd. owns and operates a land-based drilling rig fleet in North America. The Company provides of offshore platform work over and drilling rigs. Its business is conducted through two business lines: Drilling & Rig Services and Completion & Production Services.

Shares of ORBCOMM Inc (NASDAQ:ORBC), inclined 0.52% to $5.79, during its last trading session.

ORBCOMM, declared that it has reached a definitive agreement to acquire substantially all the assets of WAM Technologies LLC (WAM), an associate of Mark-It Services, Inc. Based in Skillman, NJ, WAM is a leading provider by market share of remote wireless administration and control solutions for ocean transport refrigerated containers and related intermodal equipment on a global basis.

WAM’s product offering is uniquely suited to monitor the temperature and location of refrigerated containers for global shipping companies and international produce companies. WAM’s solution has already been deployed globally by AT&T in order to serve one of the largest shipping companies in the world.

The acquisition of WAM expands and strengthens ORBCOMM’s industry-leading cold chain monitoring solutions, which comprise trailers, rail cars, gensets and now sea containers. With the addition of WAM’s installed base, ORBCOMM becomes the clear leader in monitoring cargo shipments. By leveraging WAM’s incremental technology and capabilities, ORBCOMM’s potential market reach in cold chain transportation expands by more than one million additional assets worldwide as stated by World Cargo News in November of 2014.

ORBCOMM Inc. is a provider of machine-to-machine (M2M) solutions, including network connectivity, devices and web reporting applications.

Finally, Cytec Industries Inc (NYSE:CYT), ended its last trade with -0.38% loss, and closed at $73.68.

Cytec Industries, declared that the waiting period for the Hart-Scott-Rodino Antitrust Improvement Act of 1976, as amended (the “HSR Act”), has expired in connection with the formerly declared merger with Solvay SA. Accordingly, the condition with respect to the expiration of the applicable waiting periods under the HSR Act has been satisfied.

Cytec Industries Inc. is a global specialty materials and chemicals company focused on developing, manufacturing and selling value-added products. The Company offers aerospace and industrial materials, mining and plastics industries.

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