During Thursday’s current trade, Sigma-Aldrich Corporation (NASDAQ:SIAL)’s shares incline 0.01% to $139.33.
Sigma-Aldrich Corporation (SIAL) declared that the European Commission (the “EC”) has conditionally cleared the planned acquisition of the Company by Merck KGaA, Darmstadt, Germany (the “Transaction”). Sigma-Aldrich also declared it has obtained full clearance of the Transaction from the Chinese Ministry of Commerce.
These latest jurisdictions to clear the Transaction follow clearance in May by Japanese authorities. Antitrust clearance has also been obtained in the United States, Russia, Serbia, Ukraine, South Africa and Taiwan.
Sigma-Aldrich Corporation, a life science and high technology company, develops, manufactures, purchases, and distributes various chemicals, biochemicals, and equipment products worldwide.
Sunoco Logistics Partners L.P. (NYSE:SXL)‘s shares drop -0.28% to $38.54, during the current trading session Thursday’s, hitting its highest level.
Sunoco Logistics Partners L.P. (SXL) is willing to construct a second pipeline as a part of its Mariner East II development.
Hence, the partnership is predictable to build two pipelines co presently to carry natural gas liquids (NGL) which contain propane, butane and ethane to the Marcus Hook Industrial Complex from the Marcellus Shale area. Both pipelines will spread over 350 miles.
Sunoco Logistics already got a shipper’s commitment before for the first new pipeline which will likely have a 20-inch diameter and an estimated transportation capacity of 275,000 barrels per day. The first pipeline will be operational by 2016 end.
It is to be noted, that through Nov 2016, the dayrate for one rig is $71,000. For the remaining period of the rig’s charter, the dayrate is anticipated to come down to $42,000 each day. Moreover, the other jackup’s initial day rate per day will likely be $71,000 through Feb 2018. After that, the rate will decrease to $42,000 for the remaining period.
Last month, Paragon Offshore stated first-quarter 2015 results. Earnings per share came at 47 cents, surpassing the Zacks Consensus Estimate of 28 cents. However, the bottom line slipped from the year-ago comparable quarter figure of $1.47.
Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). It operates through four segments: Crude Oil Pipelines, Crude Oil Acquisition and Marketing, Terminal Facilities, and Products Pipelines. The Crude Oil Pipelines segment transports crude oil primarily in Oklahoma and Texas. It contains about 5,300 miles of crude oil trunk pipelines, in addition to about 500 miles of crude oil gathering lines.
In an afternoon trade, Red Hat Inc (NYSE:RHT)‘s shares surge 0.88% to $78.21.
Red Hat, Inc. (RHT), the world’s leading provider of open source solutions, recently declared that Frank Calderoni will join the company as executive vice president, operations and chief financial officer, bringing more than 30 years of financial expertise, business thought leadership, and operational excellence, in publicly traded companies and technology industry leaders. Calderoni will be responsible for leading the company’s global finance organization and the leadership and administration of IT and operations teams, reporting to Red Hat president and chief executive officer, Jim Whitehurst.
Calderoni served as executive vice president and CFO at Cisco Systems for seven years and most recently served as an executive advisor. From 2004 through 2014, he managed the financial strategy and operations of a company with more than 72,000 employees and total revenue for fiscal year 2014 of $47 billion. During his tenure at Cisco, the company went from $22 billion in revenue to $47 billion, and grew annual profits from $0.62 per share to $1.49 per share. With more than 30 years of experience, he has led high-performing finance organizations at global software and technology companies counting Cisco, QLogic Corp., SanDisk Corp., and IBM.
Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies. The company’s products comprise Red Hat Enterprise Linux, an operating system platform that runs on hardware for use in physical, virtual, container, and cloud environments; Red Hat Enterprise Virtualization, which comprises standalone virtualization functionality and administration tools for server and desktop deployments; and Red Hat JBoss Middleware that offers middleware for developing, deploying, and managing applications, in addition to integrating applications, data and devices, and automating business processes.
Jacobs Engineering Group Inc (NYSE:JEC), during its Thursday’s current trading session -0.98% loss and closed at $42.61.
Jacobs Engineering Group Inc (JEC) ) declared that, after a competitive process, its Consultancy business was awarded a contract by the Department of Energy and Climate Change (DECC), a department of the United Kingdom Government, to provide technical advisory services to DECC’s Office of Carbon Capture & Storage (OCCS). DECC has developed one of the most comprehensive programs in the world to support creation of a new carbon capture and storage (CCS) industry to assist mitigate climate change.
Company officials did not disclose the contract value, but noted that the two-year contract is being delivered from its London operations.
Under the terms of the contract, Jacobs is providing an assessment of the agreed deliverables from two developers of full chain CCS projects as technical advisor to support the delivery of the CCS Commercialization Program. The scope involves review of key technical aspects of the projects, counting design deliverables, project risks and their mitigation, methodology for quantification of clean energy production, in addition to advice on the development of the project contracts with the developers, preparation of the bid evaluation criteria and technical support for evaluation of the bids. The two projects comprise the Peterhead Project in Aberdeenshire and the White Rose Project in Yorkshire. Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.
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