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Friday 2 October 2015
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Hot Stocks to Track: Sprint (NYSE:S), Halliburton Company (NYSE:HAL), Chevron (NYSE:CVX), SURGERY PARTNERS COM USD0.01 (NASDAQ:SGRY)

On Thursday, Shares of Sprint Corp (NYSE:S), gained 5.60% to $4.05.

Sprint Corporation - Boost Mobile is rewarding customers with what they want most, more high-speed data without paying more. That’s right! Boost Mobile offers the only data plans that grow without spending a single cent more.

Boost Mobile customers can earn up to 3GB more high-speed data for their monthly plan by making on-time payments. Every third on-time payment earns an extra 500MB of high-speed data. Customers can earn up to 3GB of high-speed data after 18 on-time payments. After 18 on-time payments customers will get a $35 plan with 5GB of high-speed data or a $45 plan with 8GB of high-speed.

Growing data is available on the $30 Unlimited with Auto-Re-Boost, $35 Unlimited and $45 Unlimited plans. Boost Mobile also launched a $60 Unlimited 3G/4G LTE plan that comprises unlimited 3G/4G LTE high-speed data.

Established in 2002, Boost Mobile, part of the Sprint Prepaid Group, redefines value for wireless consumers with more data for less and no long-term commitment to a subscription contract. Operating on the Nationwide Sprint 3G Network for data and the Nationwide Sprint Network for voice services, both reaching more than 281 million people respectively, in addition to the nationwide Sprint 4G LTE Network, which reaches more than 280 million people.

Sprint Corporation offers a range of wireless and wireline communications services to consumers, businesses and government users. The Company develops, engineers and deploys technologies, counting the first wireless fourth generation (4G) service from a national carrier in the United States; offering mobile data services, prepaid brands counting Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities, and a global Tier 1 Internet Service.

Shares of Halliburton Company (NYSE:HAL), declined -1.19% to $34.93, during its last trading session, as falling crude prices negatively affect the oil sector.

Industry standard Brent crude for November delivery fell into negative territory after starting the day in the green, while West Texas crude remains up despite paring earlier gains.

Russian airstrikes against insurgents in Syria assisted rally crude prices earlier recently, as supply uncertainty causes crude prices to rise amid a global supply glut that caused oil futures to decline 24% in the third quarter.

Brent crude futures were down 0.6% to $48.08 per barrel while West Texas crude is up 0.69% to $45.40 per barrel after starting the day up over 1%.

On other hand, Halliburton Company (HAL) and Baker Hughes Incorporated (BHI) recently declared that the companies will market for sale additional businesses in connection with Halliburton’s pending acquisition of Baker Hughes. Following the Merger Agreement, and in order to permit completion of Halliburton’s acquisition of Baker Hughes, the following additional businesses are intended to be divested: Halliburton’s expandable liner hangers business, which is part of the company’s Completion & Production Division; Baker Hughes’ core completions business, which comprises: packers, flow control tools, subsurface safety systems, intelligent well systems, permanent monitoring, sand control tools and sand control screens; the Baker Hughes sand control business in the Gulf of Mexico, counting two pressure pumping vessels; and Baker Hughes’ offshore cementing businesses in Australia, Brazil, the Gulf of Mexico, Norway, and the United Kingdom.

The divestitures process for the formerly declared divestitures of Halliburton’s Fixed Cutter and Roller Cone Drill Bits, Directional Drilling and Logging-While-Drilling (LWD)/Measurement-While-Drilling (MWD) businesses is ongoing, and Halliburton is happy that last Friday it received proposals from multiple interested parties for each business.

The combined 2013 revenue associated with all of the businesses intended to be divested was about $5.2 billion. The sale of these businesses will be subject to the negotiation of acceptable terms and conditions for the divestitures, the approval of the divesting company’s Board of Directors, and final approval of the Baker Hughes acquisition by competition enforcement authorities. Halliburton anticipates that the companies will complete the sales of these businesses in the same timeframe as, and the closing of the divestitures would be conditioned on, the closing of the pending Baker Hughes acquisition.

Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment.

Shares of Chevron Corporation (NYSE:CVX), declined -0.61% to $78.40, during its last trading session.

Chevron Corporation one of the world’s leading energy companies, will hold its quarterly earnings conference call on Friday, October 30, 2015, at 11:00 a.m. ET (8:00 a.m. PT).

On other hand, Chevron (CVX) has earned an “AA-” credit rating from Morningstar. The research firm’s “AA-” rating suggests that the company is a very-low default risk. They also gave their stock a four star rating.

Chevron Corporation (Chevron) manages its investments in auxiliaries and associates. The Company operates through two segments: Upstream and Downstream. Upstream operations comprise primarily of exploring for, developing and producing crude oil and natural gas; processing, liquefaction, transportation and regasification associated with liquefied natural gas (LNG); transporting crude oil through international oil export pipelines; transporting, storing and marketing natural gas, and operating a gas-to-liquids plant.

Finally, SURGERY PARTNERS (NASDAQ:SGRY), ended its last trade with -4.68% loss, and closed at $18.11.

Nasdaq (NDAQ) declared that trading of shares of common stock of Surgery Partners, Inc. (SGRY) commenced on The Nasdaq Stock Market on October 1, 2015.

Surgery Partners is a leading healthcare services company with a differentiated outpatient delivery model focused on providing high quality, cost effective solutions for surgical and related ancillary care in support of both patients and physicians. Founded in 2004, Surgery Partners is one of the largest and fastest growing surgical services businesses in the country, with a portfolio of 99 surgical facilities comprised of 94 ambulatory surgery centers and 5 surgical hospitals across 28 states.

“Surgery Partners is dedicated to providing exceptional value, innovative solutions and personal attention to its patients in the healthcare industry,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “We are proud to welcome Surgery Partners to the Nasdaq family, and are excited to work with the company as it continues to grow.”

By listing on Nasdaq, Surgery Partners joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice for 78 percent of healthcare companies that have listed on the U.S. markets year-to-date.

Surgery Partners, Inc., together with its auxiliaries, operates surgical facilities in the United States. The company operates through Surgical Facility Services, Ancillary Services, and Optical Services segments.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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