On Monday, Shares of Exxon Mobil Corporation (NYSE:XOM), lost -0.73% to $82.53, as WTI crude futures settled in the red amid the stronger dollar, according to Reuters.
Oil prices dropped sharply on Monday, as traders fret that a possible deal between Iran and the West over Iran’s nuclear program could pave the way for Iran to start exporting crude to an already glutted global market.
The August futures contract for West Texas Intermediate (WTI) crude plunged $4.40 US a barrel to close at just $52.53 on the New York Mercantile Exchange.
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. It also manufactures and markets commodity petrochemicals, counting olefins, aromatics, polyethylene and polypropylene plastics, and specialty products; and transports and sells crude oil, natural gas, and petroleum products.
Shares of Visa Inc. (NYSE:V), declined -0.18% to $68.12, during its last trading session.
Visa Inc., will report its fiscal third quarter 2015 financial results on Thursday, July 23, 2015. The results, together with accompanying financial information, will be released after market close and posted on the Visa Investor Relations website.
Visa’s executive administration team will then host a live audio webcast starting at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to talk about financial results and business highlights.
Visa Inc., a payments technology company, operates as a retail electronic payments network worldwide. The company facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
Finally, OmniVision Technologies, Inc. (NASDAQ:OVTI), ended its last trade with -2.61% loss, and closed at $25.04.
OmniVision Technologies, declared that it has rescheduled to July 23, 2015 the Special Meeting at which OmniVision shareholders will vote on matters in connection with the Agreement and Plan of Merger, dated April 30, 2015, by and among OmniVision, Seagull International Limited and Seagull Acquisition Corporation (as may be amended from time to time).
As formerly revealed, OmniVision is a party to a number of putative class action lawsuits related to the projected merger that have been filed in the Superior Court of the State of California, County of Santa Clara. Those actions were merged under the caption In re OmniVision Technologies, Inc. Shareholder Litigation, No. 15-CV-280161 (the “Litigation”) and are described in more detail in OmniVision’s definitive proxy statement related to the projected merger filed with the Securities and Exchange Commission on June 10, 2015. On July 1, 2015, Plaintiffs filed a motion seeking to enjoin the projected merger until the defendants in the Litigation take certain purported corrective actions. OmniVision is voluntarily postponing the Special Meeting in order to provide additional time for court resolution of that motion.
OmniVision Technologies, Inc. designs, develops, manufactures, and markets semiconductor image-sensor devices worldwide. Its principal products comprise CameraChip image sensors, which capture an image electronically and are used in various consumer and commercial mass-market applications; and CameraCubeChip imaging devices that are image sensors with integrated wafer-level optics.
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