On Monday, Shares of Twitter, Inc. (NYSE:TWTR), lost -5.61% to $29.27, hitting its lowest level, since the company’s November 2013 initial public offering. The move pushed Twitter below $20 billion in market value, making it more attractive to potential acquirers like Google Inc., investors said, according to Bloomberg.
Last week, Jack Dorsey, Twitter’s interim chief executive officer and co-founder, and Chief Financial Officer Anthony Noto warned that it will be a while before the social media company stems a slowdown in user growth. They also noted that demand from advertisers missed their expectations. Meanwhile, Twitter is conducting a search to replace former CEO Dick Costolo. Bloomberg added.
Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. It offers various products and services for users, counting Twitter that allows users to create, distribute, and discover content; and Vine and video, a mobile application that enables users to create and distribute short looping videos.
Shares of Oracle Corporation (NYSE:ORCL), declined -0.58% to $39.71, during its last trading session.
Oracle Corporation is making noteworthy moves to drive Oracle Solaris into cloud environments. After counting a full distribution of OpenStack in Oracle Solaris 11.2 last year, the company recently declared plans to integrate Docker into Oracle Solaris. The integration will allow enterprise customers to use the Docker open platform to easily distribute applications built and deployed in Oracle Solaris Zones, Oracle Solaris’ built-in virtualization technology. Oracle also plans to make software counting Oracle WebLogic Server available for development and testing as Docker images.
Solaris pioneered container technology more than 10 years ago as Solaris Containers. Now known as Oracle Solaris Zones, a majority of Oracle Solaris customers use the technology for its industry-leading scalability and efficiency, in addition to comprehensive resource and security isolation, which is critical for enterprise class environments. Oracle Solaris Zones are also widely recognized as license boundaries for most enterprise applications, allowing customers to significantly lower costs.
Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.
Finally, CONSOL Energy Inc. (NYSE:CNX), ended its last trade with -7.63% loss, and closed at $15.26, hitting its lowest level, after the White House declared tighter regulations for the Clean Power Plan that will limit emissions from coal plants.
The Clean Power Plan will set a limit to carbon pollution from power plants to reduce greenhouse gases.
The restrictions would reduce carbon emissions by 32% from 2005 levels by 2030, 9% more than the draft had projected.
The plan will set individual performance rates for each coal plant depending on the energy usage by state.
The Clean Power Plan will be challenged in courts by industry groups who fear a hike in energy prices and lawmakers from states who rely on coal-based energy, Reuters reports.
CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers.
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