On Friday, Alibaba Group Holding Ltd (NYSE:BABA)’s shares declined -3.91% to $63.92.
Alibaba Group Holding Limited (BABA) recently declared that Ms. Jane Penner, Head of Investor Relations, will take part in a fireside chat at the Citi 2015 Global Technology Conference. The session is planned at 11:45 a.m. Eastern Time on September 8, 2015. The conference will be held at the Hilton New York Hotel in New York City.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the Peoples Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
Verizon Communications Inc. (NYSE:VZ)’s shares dropped -1.93% to $44.82.
The Board of Directors of Verizon Communications Inc. (VZ) declared a quarterly dividend of 56.5 cents per outstanding share, an enhance of 1.5 cents per share, or 2.7 percent, from the previous quarter. On an annual basis, this enhances Verizon’s dividend by 6 cents per share, from $2.20 to $2.26 per share.
The quarterly dividend is payable on Nov. 2, 2015, to Verizon Communications shareowners of record at the close of business on Oct. 9, 2015.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide. The company’s Wireless segment offers wireless voice and data services; messaging services; service that enables its customers to access the Internet on smartphones, basic phones, notebook computers, and tablets; customers and business-focused multimedia offerings; location-based services; global data services; LTE Internet, a high-speed Internet service; and network access and value added services to support telemetry-type applications.
At the end of Friday’s trade, WPX Energy Inc (NYSE:WPX)‘s shares dipped -5.22% to $7.27.
WPX Energy (WPX) has accomplished the purchase of another 14,300 net acres in the San Juan Basin’s Gallup oil window from an unrevealed seller for about $26 million.
The acreage purchase represents an estimated 100 gross drilling locations, boosting WPX’s tally in the San Juan Gallup to about 500.
WPX now owns or controls about 100,000 acres in the core of the Gallup oil window where it has spud more than 100 wells following a successful discovery in early 2013.
Since then, WPX has lowered its drilling times on Gallup wells by 75 percent. The company recently drilled two Gallup wells in less than eight days each. During the second quarter, WPX is averaging 9.8 days per well so far.
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. The company focuses on exploiting natural gas reserves base and related natural gas liquids in the Piceance Basin of the Rocky Mountain region, in addition to developing and growing oil positions in the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States.
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