Shares of Archer Daniels Midland Company (NYSE:ADM), ended its last trade with 1.54% gain, and closed at $44.31.
The stock, after recent close, is -0.66% below their SMA 50 and 3.76% from SMA20 and is -6.87% below than SMA200. 77.40% shares of the company were owned by institutional investors. The company has 0.37 value in price to sale ratio while price to book ratio was recorded as 1.49. It beta stands at 1.18.
Archer Daniels Midland Company (ADM), one of the world’s leading agricultural processors, has joined the Andean Family Farmers (AFF) partnership to support Bolivian quinoa smallholder farmers. Through ADM Cares, its social investment program, the company will provide funding to enable the extension of a greatly needed irrigation project in southern Bolivia.
Around the parched salt flats of the Salar de Uyuni, assured access to water at critical times makes a major difference to smallholder quinoa farmers. An irrigation system can double the yield of quinoa per hectare and its value to the farmer, with measurable returns to the community in terms of education, health and sanitation improvements. It offers protection against losses from drought.
Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The companys Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals.
Shares of C&J Energy Services, Ltd. (NYSE:CJES), surged 2.19% to $5.14, during its last trading session.
The stock saw its price movement on above -normal volume, as 3.82 million shares changed hands when contrast with its average daily volume of 3.05 million shares, with a year-to-date performance of -61.09%.
C&J Energy Services Ltd. (CJES) declared that it will issue its third quarter 2015 financial and operating results on Wednesday, November 4, 2015, after the market closes. In conjunction with this release, C&J Energy Services has planned a conference call for 10:00 a.m. E.T. (9:00 a.m. C.T.) on Thursday, November 5, 2015, which will be webcast live.
C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies.
Shares of Ocean Rig UDW Inc (NASDAQ:ORIG), gained 2.34% to $ 2.62. 3.85 shares of the company were exchanged.
The stock is down -81.53% in this year through last close, and the beta ratio has a value of 1.79. The stock, as of recent close, has shown weekly upbeat performance of 23.00% which was maintained at -14.10% in 1-month period.
Ocean Rig UDW Inc. ( ORIG) a global provider of offshore deepwater drilling services, declared recently the following fleet update:
- The Ocean Rig Olympia has successfully started its new contract in Angola as of August 15, 2015. The rig is predictable to move to the Ivory Coast for one well in the fourth quarter of 2015 and return to Angola to complete its remaining contract until June 2016. Presently, there are no prospects for further employment and if no employment is found the rig will be cold stacked and the respective SPS will be postponed.
- The Ocean Rig Skyros has successfully started its new six year contract in Angola as of October 1, 2015.
- The Eirik Raude is presently concluding its third well in a six-well program in the Falklands and is now predictable to remain employed in the Falkland Islands into January of 2016. Presently, there are no further prospects of employment for the rig in the Falkland Islands and if no employment is found the rig will be cold stacked and the Company will consider all its options counting disposing or scrapping the unit.
- The Leiv Eiriksson is in the process of concluding its current well in Norway. As of the date of this press release, there is no further program for the unit under its current contract which is predictable to expire in March 2016. Presently, there are few further prospects of employment for the rig and if no employment is found the rig will be cold stacked and the Company will consider all its options counting disposing or scrapping the unit.
- The Ocean Rig Mylos is in the process of concluding its current well in Brazil. On September 25, 2015 we received notice of material breach under the contract which entitles our client to terminate the contract if such breach is not remedied within 75 days. We believe that such notice is totally without merit and we intend to vigorously defend our rights under the contract.
Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry.
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