On Friday, Golar LNG Limited (USA) (NASDAQ:GLNG)’s shares declined -5.71% to $37.97.
Golar LNG Limited declared that it has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (“GoFLNG”). As with the GoFLNG Hilli and Gimi conversions, the primary contract for the GoFLNG Gandria was reached with Singapore’s Keppel Shipyard Limited (“Keppel”). The Gandria conversion contract marks the exercise of the second of two options that formed part of the initial 2014 Hilli conversion contract. Black & Veatch will provide its licensed PRICO(R) technology, perform detailed engineering and process design, specify and procure topside equipment, and provide commissioning support for the GoFLNG topsides and liquefaction process.
The decision to go ahead with the third conversion project was taken following a thorough review of the growing portfolio of business development opportunities for GoFLNG. This has shown potential demand from several possible customers for delivery of floating liquefaction facilities as early as 2018. In order to respond to this potential, the Gandria conversion will now be dedicated to satisfy the commitments to Ophir in Equatorial Guinea, covered by the agreement declared in May this year, requiring delivery of GoFLNG facilities in 2019. In parallel with this decision to commit Gandria to the Ophir project, Keppel and Black & Veatch will now update their FEED study, accommodating the deep water operation in Equatorial Guinea on the basis of Gandria. This move will release the Gimi to cover the potential emerging demand for a 2018 GoFLNG project. Provisions in the Gimi and Gandria contracts provide Golar the flexibility to adjust project timing and to limit expenditure to front-end engineering activities and long-lead equipment cancellation charges should timing and scope of predictable or potential projects change.
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG.
Dynegy Inc. (NYSE:DYN)’s shares gained 2.74% to $25.52.
Dynegy Inc. (DYN) has commenced registered exchange offers (the Exchange Offers) of:
- $2,100,000,000 in aggregate principal amount of its 6.75% Senior Notes due 2019 (the 2019 Exchange Notes), registered under the Securities Act of 1933, as amended (the Securities Act), for all of its outstanding unregistered 6.75% Senior Notes due 2019 (the 2019 Notes);
- $1,750,000,000 in aggregate principal amount of its 7.375% Senior Notes due 2022 (the 2022 Exchange Notes), registered under the Securities Act, for all of its outstanding unregistered 7.375% Senior Notes due 2022 (the 2022 Notes); and
- $1,250,000,000 in aggregate principal amount of its 7.625% Senior Notes due 2024 (the 2024 Exchange Notes and, together with the 2019 Exchange Notes and the 2022 Exchange Notes, the Exchange Notes), registered under the Securities Act, for any and all of its outstanding unregistered 7.625% Senior Notes due 2024 (the 2024 Notes and, together with the 2019 Notes and the 2022 Notes, the Notes).
Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity.
At the end of Friday’s trade, Activision Blizzard, Inc. (NASDAQ:ATVI)‘s shares dipped -0.59% to $28.68.
Recently Sierra™, part of Activision Publishing, Inc., a wholly owned partner of Activision Blizzard, Inc. ( ATVI), released the first chapter in its new reimagining of one of adventure gaming’s most treasured franchises, King’s Quest™. Titled King’s Quest: A Knight to Remember, this debut chapter is now accessible as a digital download in North America for $9.99 on Windows PC via Steam. It will be accessible later recently for the same price on the PlayStation®4 and PlayStation®3 computer entertainment systems through the PlayStation®Store, in addition to for Xbox One and Xbox 360 on the Xbox Games Store. It is rated E10+ (Everyone 10 and Up) by the ESRB.
Players may also purchase King’s Quest: The Complete Collection, a bundle containing all five chapters of the new King’s Quest together with an exclusive bonus playable story epilogue*, for $39.99 on the PlayStation®Store, Xbox Games Store and Steam. Alternately, those who buy King’s Quest: A Knight to Remember individually at launch can choose to purchase the King’s Quest Season Pass, securing their access to the remaining four chapters of the game once accessible, but not the bonus epilogue, for $29.99.
Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games worldwide. The company develops and publishes interactive entertainment software products through retail channels or digital downloads; and downloadable content to a range of gamers.
Monsanto Company (NYSE:MON), ended its Friday’s trading session with -0.15% loss, and closed at $103.17.
The Climate Corporation, a division of Monsanto Company (MON), declared that farmers have mapped more than 75 million row crop acres in their digital agriculture platform, up from 50 million acres in 2014. This noteworthyacre adoption represents nearly 45 percent of all corn and soybean acres planted in the U.S. The company’s digital agriculture platform comprises Climate Basic™, Climate Pro™ and FieldView® from Precision Planting. The company also declared Climate Pro, their premium web and mobile product offering, has grown considerably from its initial launch from 1 million acres last year to more than 5 million acres this year across the U.S.
Together these tools provide one account with multiple product offerings and access points. The farmer can log in on a tablet from his tractor, on a mobile phone as he scouts his fields, or on his desktop computer.
The company emphasized the importance of farmer adoption to the future success of this emerging platform. “The interest we’ve seen from farmers this year in our digital platform reinforces the impact these tools ultimately can have on our industry,” said Mike Stern, President and Chief Operating Officer for The Climate Corporation. “We want to be the digital platform of choice for farmers, and our growth this year is evidence that we’re well on that path,” said Stern.
Monsanto Company, together with its auxiliaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, counting corn, soybean, cotton, and canola seeds principally under the DEKALB, Channel, Asgrow, and Deltapine brands; and vegetable seeds comprising of tomato, pepper, melon, cucumber, pumpkin, squash, beans, broccoli, onions, lettuce, and other seeds under the Seminis and De Ruiter brands.
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