On Friday, Seadrill Ltd (NYSE:SDRL)’s shares declined -7.90% to $6.88.
Seadrill Limited has notified Hyundai Heavy Industries Co Ltd. (“the Shipyard”) that it has exercised its right to cancel the contract for the construction of the West Mira, a sixth generation ultra-deepwater harsh environment semisubmersible drilling unit (“Wst Mira” or “the Unit”).
The Unit was ordered during the second quarter of 2012 and the delivery date stated in the construction contract was by December 31, 2014. Due to the Shipyard`s inability to deliver the Unit within the timeframe required under the contract, the Company has exercised its cancellation rights.
Under the contract terms, Seadrill has the ability to recoup the $168 million in pre-delivery instalments to the Shipyard, plus accrued interest.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells. Its drilling contracts regardingsemi-submersible rigs and drillships for harsh and benign environments in mid, deep, and ultra-deep waters.
UnitedHealth Group Inc (NYSE:UNH)’s shares dropped -0.66% to $122.45.
UnitedHealthcare presented a $50,000 grant to Health Care for the Homeless recently as part of an initiative aimed at supporting community-based solutions that integrate social and health care services for low-income residents.
Mike Jones, CEO of UnitedHealthcare of Maryland, presented the grant to Health Care for the Homeless at the agency’s headquarters clinic downtown. Guests and community leaders, counting supportive-housing clients attended the event to see first-hand the program’s impact in the community through presentations and a facility tour.
The funding will be used to collect data on supportive-housing clients, counting hospitalization and incarceration rates, together with clients’ engagement with medical, mental health and addiction treatment plans. These metrics will be used to assist inform future program direction and improvements. The program presents a unique opportunity to track the effect of supportive-housing care on quality of life.
UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s United Healthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services.
At the end of Friday’s trade, Sprint Corp (NYSE:S)‘s shares dipped -5.12% to $4.45.
Whether you are island-hopping through the Caribbean, escaping to Fiji or touring France, your world just expanded with Sprint. Thirty-three destinations have been added to the free Sprint Open World add-on service, giving customers unlimited free texting and great rates on calls and high-speed data.
Sprint Open World
- For customers traveling frequently to Mexico, Canada and 12 countries across Latin America, Sprint Open World comprises free calling and text, plus 1GB of free data. The Latin American countries are Dominican Republic, Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Paraguay. Sprint offers free calling in more international destinations than any other carrier. T-Mobile offers free calling in two countries. AT&T and Verizon do not offer free international calling.
- In more than 50 other destinations, counting those just added to the Sprint Open World plan, texting is free, calls are just $0.20/minute, and high-speed data is only $30/GB.
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands. The company’s Wireless segment offers wireless data communication services, counting mobile productivity applications, such as Internet access, messaging, and email services; wireless photo and video offerings; location-based capabilities comprising asset and fleet administration, dispatch services, and navigation tools; and mobile entertainment applications.
Xerox Corp (NYSE:XRX), ended its Friday’s trading session with -2.36% loss, and closed at $10.33.
To assist businesses and government better secure products as they are distributed, Xerox (XRX) recently introduced two printed electronic labels (also known as “printed memory”) that can collect and store information about the authenticity and condition of products.
Xerox Printed Memory is a highly secure, printed label containing up to 36 bits of rewritable memory which can store up to 68 billion points of data. The labels, for example, can be used to determine if a product is genuine and to track how it’s been handled during distribution.
The second product, Xerox Printed Memory with Cryptographic Security comprises a unique, encrypted printed code (such as a QR bar code) to the memory. It can only be read by authorized personnel using a reader which interfaces with a secure smartphone application. This combination of printed memory with an encrypted printed code, creates one of the most secure anti-counterfeit solutions on the market. It is ideal for use in applications as wide ranging as tracking and ensuring the safety of pharmaceutical products to securing tax or duty stamps for government agencies. The cryptographic security feature was developed at PARC, A Xerox company, and is an added feature in the printed memory labels.
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.
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