On Friday, Seventy Seven Energy Inc (NYSE:SSE)’s shares declined -1.72% to $5.73.
Seventy Seven Energy Inc (SSE) declared the execution of a definitive agreement to sell Hodges Trucking Company, L.L.C. to a wholly-owned partner of Aveda Transportation and Energy Services Inc. (AVE.V). Hodges presently operates and owns about 900 pieces of rig moving and heavy haul equipment, counting about 200 haul trucks, 400 trailers, 70 bed/pole trucks, 35 cranes, 40 forklifts/loaders and 160 service vehicles.
The transaction, which is predictable to close on June 15, 2015, is subject to a number of standard conditions precedent to closing.
Seventy Seven Energy Inc. provides oilfield services in the United States. The company operates in four segments: Drilling, Hydraulic Fracturing, Oilfield Rentals, and Oilfield Trucking. The Drilling segment offers land drilling and drilling-related services, counting directional drilling for the oil and natural gas exploration and development activities. The Hydraulic Fracturing segment provides hydraulic fracturing and other well stimulation services.
Principal Financial Group Inc (NYSE:PFG)’s shares gained 0.19% to $51.88.
Principal Financial Group Inc (PFG) Chairman Blair Pickerell to the life insurer’s board.
Pickerell becomes a director effective Aug. 17, Des Moines, Iowa-based Principal said in a statement.
Principal joins insurers adding asset managers to their boards as near-record-low interest rates pressure investment income. Aflac Inc. named Thomas Kenny, a former fund manager at Goldman Sachs Group Inc., as a director in February. Unum Group designated former Fidelity Investments head of asset administration Ronald O’Hanley to its board the same month.
Blair brings a valuable perspective to the board with his work in asset administration in large, global organizations,” Larry Zimpleman, Principal’s chairman and chief executive officer, said in the statement.
Principal Financial Group, Inc. provides retirement, asset administration, and insurance products and services. It operates through Retirement and Investor Services, Principal Global Investors, Principal International, and U.S. Insurance Solutions segments. The Retirement and Investor Services segment provides a portfolio of asset accumulation products and services for retirement savings and investment to businesses, institutional clients, and employees of business and other individuals. It offers products and services for defined contribution pension plans, counting 401(k) and 403(b) plans, defined benefit pension plans, nonqualified executive benefit plans, and employee stock ownership plans; investment-only products; and annuities, mutual funds, and bank products. The Principal Global Investors segment provides equity, fixed income, real estate, and other alternative investments, in addition to asset allocation, stable value administration, and other structured investment strategies.
At the end of Friday’s trade, HomeAway, Inc. (NASDAQ:AWAY)‘s shares surged 3.85% to $31.28.
Two online travel leaders, HomeAway, Inc. (AWAY) and KAYAK, an operating business of The Priceline Group [PCLN], recently declare a contract to display HomeAway(R) vacation rentals on KAYAK. Integration is predictable to be live by the end of the year with nearly 200,000 property listings worldwide — giving KAYAK a more diverse set of lodging options for users to search.
The HomeAway listings on KAYAK will be from owners and property managers who take part in the HomeAway Expanded Distribution Network. Travelers will be able to search and find vacation rentals on KAYAK just as they would a hotel and complete their reservation on the HomeAway site where the property is listed.
KAYAK presently displays more than 700,000 hotels counting a limited selection of rental properties and millions of verified hotel reviews. This industry-leading partnership will give travelers a more comprehensive set of options and information as they plan a trip.
HomeAway, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers. The company’s portfolio comprises vacation rental Websites, such as HomeAway.com, VRBO.com, and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.com in Spain; AlugueTemporada.com.br in Brazil; HomeAway.com.au and Stayz.com.au in Australia; and Bookabach.co.nz in New Zealand.
Plug Power Inc (NASDAQ:PLUG), ended its Friday’s trading session with 0.18% gain, and closed at $2.74.
Plug Power Inc (PLUG) a leader in providing clean, reliable energy solutions celebrates the last stop on its milestone Plug POWERTrip, a six-city road show intended to present the Company’s success to its investment community. Plug Power will host guests at the Willard InterContinental for presentations delivered by CEO Andy Marsh and General Counsel Gerry Conway. The Plug POWERTrip also welcomes remarks from special guest US Congressman Chris Gibson.
Congressman Chris Gibson represents the people of New York’s 19th Congressional District, counting many employees at Plug Power. Throughout his Congressional career, Congressman Gibson has been a fervent supporter of fuel cells and hydrogen technologies. Through bi-partisan leadership as a member of Congress, Gibson demonstrates his understanding of what it takes to make a clean energy business successful in upstate New York.
Plug Power Inc., an alternative energy technology provider, engages in the design, development, manufacture, and commercialization of fuel cell systems for the industrial off-road markets worldwide. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies.
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