During Monday’s Current trade, Shares of FMC Technologies, Inc. (NYSE:FTI), gained 3.09% to $31.70.
FMC Technologies, Inc. has received an award from Shell Offshore, Inc. (Shell) for its Appomattox deepwater development in the Gulf of Mexico.
FMC Technologies will provide Improved Vertical Deepwater Trees, subsea manifolds, topside controls, a control system, and a distribution system for the field, which lies in the Mississippi Canyon area of the eastern Gulf of Mexico in 7,200 feet of water, 140 nautical miles southeast of New Orleans.
“FMC Technologies has supported Shell’s subsea requirements for more than two decades, and this project represents the continued strength of that relationship,” said Tore Halvorsen, Senior Vice President, Subsea Technologies.
On other hand, In a research note shared with investors on Monday morning, Seaport Global Securities stated it was upgrading FMC Tech (NYSE:FTI) stock from a “Accumulate” to a “Buy”. The firm has $38 TP on FTI’s stock.
FMC Technologies, Inc. provides technology solutions for the energy industry worldwide. The company operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments.
Shares of Amgen, Inc. (NASDAQ:AMGN), inclined 0.89% to $143.73, during its current trading session.
Amgen (AMGN) will present at the Barclays Biosimilars Symposium at 8 a.m. ET on Wednesday, Oct. 7, 2015, in New York City. Scott Foraker, vice president and general manager of Biosimilars at Amgen, will present at the conference. Live audio of the presentation can be accessed from the Events Calendar on Amgen’s website, www.amgen.com, under Investors. A replay of the webcast will also be accessible on Amgen’s website for at least 90 days following the event.
On other hand, Amgen Inc., has been given a top momentum style rating by Zacks Research. This rating is an indicator of when a stock might be favorable to enter a position to take advantage of the equity movement in either an upward or downward direction. Momentum traders look at the trends of a stock price and believe that the stock will continue to move in the same direction, leading to timely and profitable trades. This strategy focuses on short-term movements in the stock price instead of fundamental research and is typically used only by practiced traders.
Amgen Inc., a biotechnology company, discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses for the treatment of illness in the areas of oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine.
WPX Energy Inc (NYSE:WPX), during its Monday’s current trading session gained 5.71% to $7.78.
WPX Energy’s (WPX) board of directors has approved a quarterly dividend of $0.85938 per share to holders of the company’s 6.25 percent Series A Mandatory Convertible Preferred Stock.
The dividend is payable on Nov. 2, 2015, to holders of record of the company’s preferred stock at the close of business on Oct. 15, 2015.
WPX issued the preferred stock in July to support its acquisition of privately held RKI Exploration & Production, LLC. In the merger, WPX gained a substantial presence in the core of the Permian’s Delaware Basin.
WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States.
Finally, Baidu Inc (ADR) (NASDAQ:BIDU), gained 0.28%, to $148.92.
The Net Income (ttm) of the company is $2.07 billion. The company generates revenue of $8.95 billion. Its 52-Week low range is $100.00 and 52-week high range is $251.99. Its price to earnings (P/E) ratio stands at 28.43. The price range of the company is from $136.31 to $149.09 with the earning per share (EPS) is $5.22.
Baidu, Inc. (BIDU) the leading Chinese language Internet search provider, declared changes to its board composition. Mr. Brent Callinicos has been designated as a director and a member of the audit committee of the board of directors of the Company. Mr. Yuanqing Yang has been designated as a director and a member of the compensation committee of the board of directors of the Company. Mr. Nobuyuki Idei and Mr. Dejian Liu will step down from the board, having fulfilled their term as a board member since June 2007 and October 2013, respectively.
Mr. Brent Callinicos mostly served as CFO of Uber Technologies from 2013 to 2015, where he remains an advisor. Proceeding to Uber, Mr. Callinicos served as Vice President, Treasurer and Chief Accountant at Google from 2007 to 2013. From 1992 to 2007, he served in a variety of increasingly senior roles at Microsoft; his last role was as Corporate Vice-President, Divisional CFO for the Platforms and Services Division. Mr. Callinicos is a CPA. He presently serves on the Board of PVH and several private companies.
Mr. Yuanqing Yang is Chairman and Chief Executive Officer of Lenovo Group. Mr. Yang joined Lenovo Group in 1989, leading the company from its roots as a China-based PC maker to a diversified global technology leader with $46 billion in revenue last year. In 2011, Finance Asia voted Mr. Yang the Best CEO in China. In 2004 and 2012, Mr. Yang was named “CCTV China Annual Economic Figure”. He was in Barron’s Best CEOs list in 2013, 2014 and 2015. In 2014, Mr. Yang won the Edison Achievement Award for Innovation.
Baidu, Inc. provides Internet search services in China and internationally. It offers Chinese language search platform on its Baidu.com Website that enables users to find relevant information online, counting Web pages, news, images, documents, and multimedia files through links offered on its Website; and international products and services to users in other countries.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
