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Thursday 23 April 2015
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Downward Momentum Stocks: Continental Resources, Inc (NYSE:CLR), Noble Corp plc (NYSE:NE), Accenture Plc (NYSE:CAN)

On Wednesday, Continental Resources, Inc (NYSE:CLR)’s shares dwindled -1.33%, and closed at $48.13, after Continental Resources, Inc (CLR), declare first quarter 2015 earnings on Wednesday, May 6, 2015 following the close of trading on the New York Stock Exchange. The Corporation plans to host a conference call to talk about first quarter 2015 results on Thursday, May 7, 2015 at 12:00 p.m. ET (11:00 a.m. CT).

Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The corporation sells its crude oil production to end users, in addition to midstream marketing companies or crude oil refining companies at the lease.

Noble Corp plc (NYSE:NE)’s shares dropped -1.33%, and settled at $15.59, during the last trading session on Wednesday, as Noble Corp plc (NE), declared it plans to report financial results for the first quarter 2015 on Wednesday, April 29, 2015, after the close of trading on the New York Stock Exchange.

Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of December 31, 2014, the corporation operated a fleet of 15 jackups, 9 drillships, and 8 semisubmersibles, counting 1 high-specification, harsh environment jackup under construction. Noble Corporation plc was founded in 1921 and is headquartered in London, United Kingdom.

At the end of Wednesday’s trade, Accenture Plc (NYSE:ACN)’s shares dipped -0.26%, and closed at $95.12, after Intending to spark a billion imaginations, Star India, one of India’s leading entertainment broadcasters, selected Accenture (ACN) to assist develop, launch and deliver its over-the-air programming to India’s online, digitally-enabled consumers on almost any mobile device. Called hotstar, the innovative service debuted on January 7 through Star India’s wholly owned partner, and when fully deployed will be accessible to India’s entire population.

The innovative hotstar service, built on the Accenture Video Solution (AVS) software platform, will be funded primarily through advertising, using the platform’s new digital advertising functions. Taking advantage of a fully cloud-based infrastructure, hotstar will be able to serve the entire country with a catalogue of more than 45,000 movies and television series.

“With hotstar, our ambition is nothing less than the establishment of a whole new model for on demand video consumption in the world,” said Sanjay Gupta, Star India COO. “We will drive dramatic innovation on this platform with benefits for both users and advertisers. Accenture has been a valuable partner in this effort. They are walking side by side with us in creating this compelling platform, bringing the best of their product and technology expertise to the table. Together, we will establish compelling new benchmarks in the Over the Top space.”

Accenture plc provides administration consulting, technology, and business process outsourcing services worldwide. The corporation’s Communications, Media & Technology segment offers enterprise and industry-customized services in network engineering and integration, field force enablement, and IP network migration; provides online customer and enterprise relationship administration services; and assists customers in developing video-over-IP platforms, and transforming legacy broadcast platforms to digital.

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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.

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