On Friday, Shares of Mobileye N.V. (NYSE:MBLY), gained 3.28% to $46.03.
Mobileye declared that Ziv Aviram, the Company’s co-founder, President and CEO, presented at the Citi 2015 Global Technology Conference in New York City on Tuesday, September 8, 2015 at 11:45 a.m. EDT.
Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market.
Shares of Teck Resources Limited (NYSE:TCK), declined -2.53% to $6.54, during its last trading session.
Teck Resources Limited has been named to the Dow Jones Sustainability World Index (DJSI) for the sixth straight year, indicating that Teck’s sustainability practices rank in the top 10 percent of the 2,500 largest companies in the S&P Global Broad Market Index (BMI).
“We know that the success of our business is dependent on our ability to develop resources in a way that is responsible and sustainable for communities and the environment,” said Don Lindsay, President and CEO. “That is why we continue to integrate social, economic and environmental performance into every decision we make, even during current challenging market conditions.”
Teck was named to the World Index based on an in-depth analysis of economic, social and environmental performance. Teck received the highest possible score in areas counting biodiversity and asset closure administration, and scored the highest in the industry in talent attraction and retention and operational eco-efficiency.
Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.
Finally, Ensco plc (NYSE:ESV), ended its last trade with -2.40% loss, and closed at $15.48.
Ensco declared that it has taken additional proactive steps to improve efficiencies and reduce expenses:
- streamline global operations reporting structure from five to three business units
- reduce onshore support positions by an additional 14% to achieve an incremental $30 million of annualized savings (full run rate to start fourth quarter 2015); total annualized run-rate savings from onshore rightsizing improvements to $57 million given formerly declared savings of $27 million annually stated in February 2015
- improvement offshore unit labor cost savings to 15% (full run rate to start first quarter 2016) from previous estimate of nine percent stated in February 2015
- further reduce average warm-stack costs per day for marketed rigs: $40,000 for drillships, $32,000 for semisubmersibles and $20,000 for jackups.
Based on these actions, the expense outlook has improved. Not Taking Into Account severance costs and related expenses of about $5 million, third quarter 2015 contract drilling expense is estimated to be $450 million - $455 million.
The initial contract drilling expense outlook for fourth quarter 2015 is about $435 million - $440 million. The projected quarter-to-quarter sequential decrease in contract drilling expense is due to proactive expense administration that more than offsets an estimated improvement in rig operating days. Fourth quarter 2015 stated fleet utilization is estimated to improvement from third quarter 2015 to the high-60% range and will benefit from ENSCO DS-8 commencing its initial contract in mid-November 2015.
Ensco plc provides offshore contract drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jackups, and Other. The company owns and operates offshore drilling rig fleet of 70 rigs, counting 10 drillships, 13 semisubmersible rigs, 5 moored semisubmersible rigs, and 42 jackup rigs located in North and South America, the Middle East and Africa, the Asia Pacific rim, Europe and the Mediterranean, and Brazil.
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