On Tuesday, Shares of Chesapeake Energy Corporation (NYSE:CHK), gained 4.40% to $11.38, as oil prices edged higher despite a tentative nuclear energy accord with Iran that could pave the way for it to resume oil exports to already glutted world markets.
Benchmark Brent crude futures LCOc1 settled up 66 cents, or 1.1 percent, at $58.51 a barrel. Prices had fallen almost $2 earlier, weighed by news of the Iran nuclear deal.
Chesapeake Energy Corporation produces oil and natural gas through acquisition, exploration, and development of from underground reservoirs in the United States. It holds interests in natural gas resource plays, counting the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin of West Virginia and Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas.
Shares of Masco Corporation (NYSE:MAS), inclined 0.51% to $23.64, during its last trading session.
Masco Corporation, declared that it will hold a conference call regarding 2015 second quarter results on Tuesday, July 28, 2015 at 8:00 a.m. ET. The conference call will be hosted by Masco President and Chief Executive Officer Keith Allman. Participants in the call are asked to register five to ten minutes preceding to the planned start time by dialing (855) 226-2726 (855-22MASCO) and from outside the U.S. at (706) 679-3614. Please use the conference identification number 74579395.
Masco Corporation manufactures, distributes, and installs home improvement and building products worldwide. The company’s Cabinets and Related Products segment provides cabinetry for kitchen, bath, storage, home office, and home entertainment applications; and kitchen countertops, and integrated bathroom vanity and countertop solutions.
Finally, Navistar International Corporation (NYSE:NAV), ended its last trade with 0.85% gain, and closed at $20.14.
International Truck declared that it has started production of its first International® WorkStar® vocational trucks powered by the Cummins® ISB6.7 engine. Both the WorkStar and the International DuraStar® medium-duty truck are accessible with the ISB6.7 as an engine option.
“Production of the WorkStar with Cummins ISB6.7 is an important milestone in meeting the needs of vocational customers by providing a comprehensive offering of proven components,” said Jeff Sass, Navistar senior vice president, North America Truck Sales and Marketing. “The WorkStar with Cummins ISB6.7 gives customers a winning combination of performance and strength.”
The WorkStar boasts multiple-frame rail options, a double-sided galvanized steel cab protected by an extensive five-step corrosion protection process, and comes standard with the Diamond Logic® electrical system—the most advanced multiplexing architecture accessible in commercial trucks.
The addition of the Cummins ISB 6.7-liter engine expands the WorkStar model’s extensive powertrain options, which comprise Navistar’s proprietary 9.3-liter and 13-liter offerings.
WorkStar is also accessible with a suite of traditional manual and automated-manual transmission offerings from Eaton and fully-automatic offerings from Allison. The Cummins ISB6.7, rated up to 325 horsepower and 750lb.-ft. torque, features flexible horsepower and torque ratings, with higher ratings specifically for fire and emergency applications.
Navistar International Corporation manufactures and sells commercial and military trucks, diesel engines, and school and commercial buses; and provides service parts for trucks and diesel engines worldwide. It operates through four segments: North America Truck, North America Parts, Global Operations, and Financial Services.
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