On Friday, DryShips Inc. (NASDAQ:DRYS)’s shares declined -10.39% to $0.228.
DryShips Inc. ( DRYS) a global provider of marine transportation services for drybulk cargoes, and through its associate, Ocean Rig UDW Inc., of off-shore contract drilling oil services, declared recently that it has reached firm sales agreements with entities controlled by the Company’s Chairman and Chief Executive Officer, George Economou, to sell 17 vessels.
The 17 vessels, comprised of 13 Capesize and 4 Panamax bulk carriers, are being sold for an aggregate price of $377.0 million, counting their existing employment agreements and the assumption of $236.7 million of debt as of September 10, 2015, associated with some of the vessels. All of the individual transactions are predictable to close in the fourth quarter of 2015 and certain transactions remain subject to the approval of the applicable lending banks. These transactions were approved by the independent directors of the Company.
DryShips Inc. provides ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Drilling segment offers ultra deep water drilling services.
Boston Scientific Corporation (NYSE:BSX)’s shares gained 0.72% to $16.89.
Boston Scientific (BSX) has received CE Mark for the Vercise™ Primary Cell (PC) Deep Brain Stimulation (DBS) System. The Vercise PC System is intended to provide precise neural targeting to address the varying needs of patients suffering from Parkinson’s disease (PD), primary and secondary dystonia, and essential tremor. The System is a non-rechargeable treatment option that also powers the Vercise DBS Directional Lead, the first commercially accessible eight-contact segmented lead with current steering.
The Vercise platform is the only DBS solution that finely controls the size and shape of stimulation with multiple independent current control technology (MICC). The new Directional Lead with MICC produces multi-directional stimulation which enhances target efficiency. The system comprises unique software solutions with a Clinical Effects Map (CEM) that captures data over time, visually summarizes the progress of individualized patient therapy, and enables physicians to monitor and modify treatment as needed. These novel features allow for programming flexibility, designed to enable better outcomes with fewer side effects.
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg. It offers interventional cardiology products, counting coronary stent systems used in the treatment of coronary artery disease; coronary technology products to treat atherosclerosis; intraluminal catheter-directed ultrasound imaging catheters and systems for use in coronary arteries and heart chambers, in addition to peripheral vessels; and structural heart therapy systems. The company also provides stents, balloon catheters, wires, peripheral embolization devices, and vena cava filters to diagnose and treat peripheral disease; and biliary stents, drainage catheters, and micro-puncture sets to treat, diagnose, and ease benign and malignant tumors.
At the end of Friday’s trade, Newmont Mining Corp (NYSE:NEM)‘s shares surged 4.44% to $16.24.
Newmont Mining Corporation (NEM) was ranked by the Dow Jones Sustainability World Index (DJSI World) as the mining industry’s leader in overall sustainability, marking the ninth successive year the company has been comprised of on the index. This year, the DJSI World – one of the most highly regarded sustainability indices – comprises 317 global companies identified as leaders in the areas of sustainable economic, environmental and social performance. Newmont was the first gold company named to the index in 2007, and has been comprised of on the DJSI North America Index every year since 2006.
In addition to being ranked the overall industry leader in the mining sector, Newmont received the highest score in a number of areas counting climate strategy; environmental policy/administration systems; corporate citizenship and philanthropy; and labor practices and human rights.
Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand. As of December 31, 2014, it had proven and probable gold reserves of 82.2 million ounces and an aggregate land position of about 20,000 square miles. The company was founded in 1916 and is headquartered in Greenwood Village, Colorado.
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