On Monday, Shares of Chesapeake Energy Corporation (NYSE:CHK), lost -0.33% to $12.21, as oil prices fell Monday for a third straight session as the market’s focus shifted back to the global oversupply of crude.
Light, sweet crude for July delivery, the U.S. benchmark, declined 44 cents, or 0.7%, to $59.52 a barrel on the New York Mercantile Exchange, WSJ Reports.
Expiring front-month July Brent fell $1.26 to settle and go off the board at $62.61 a barrel.
August Brent fell 69 cents to settle at $63.95, Reuters Reports.
Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas and natural gas liquids (NGL) from underground reservoirs in the United States.
Shares of Mondelez International, Inc. (NASDAQ:MDLZ), declined -0.89% to $40.11, during its last trading session.
Mondelez International, declared the appointment of Mohit Bhalla, 45, as Vice President, Corporate Development. In this role, Bhalla will lead the execution of the company’s global merger, acquisition and divestiture activities reporting to Brian Gladden, Executive Vice President and Chief Financial Officer.
“We couldn’t be more happy to have a seasoned M&A executive with Mohit’s credentials joining our team,” Gladden said. “As we continue to transform the company, M&A will be a key lever to assist us expand our global footprint and focus our snacking portfolio. I’m confident that Mohit brings all the skills and experience we need to succeed in this arena.”
Bhalla joins Mondelez International from Altria Group, where he served as Vice President, Strategy and Business Development. He has a broad global background with nearly 20 years of experience in both corporate development and investment banking, having held leadership positions with Eastman Chemical Company and Citigroup. Bhalla earned his bachelor’s degree in chemical engineering from the University of Texas at Austin and his MBA in finance and accounting from the University of Chicago Booth School of Business.
Mondelez International, Inc., through its auxiliaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, counting cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.
Finally, Juniper Networks, Inc. (NYSE:JNPR), ended its last trade with -0.77% loss, and closed at $27.18.
Juniper Networks, declared that it has captured top honors in two ‘Best of Show’ award categories at Interop Tokyo 2015, underscoring the company’s commitment to delivering innovative networking technology for enterprise and service provider customers.
The awards won this year were:
- Juniper Networks® QFX10000 High Performance Data Center Switches for the Best of Show Grand Prix Award in the Data Center Networking category
- Juniper Networks vMX 3D Universal Edge Router for the Best of Show Grand Prix Award in the NFV category
One of Asia’s largest network computing trade shows, Interop Tokyo recognizes the most innovative products, solutions and services among hundreds of nominated submissions. Juniper Networks has been an annual award recipient at Interop Tokyo since 2007.
This year, the event is predictable to attract more than 140,000 attendees and features keynote addresses, a conference program and an expo area for vendor showcases.
Juniper Networks, Inc. designs, develops, and sells high-performance network products and services worldwide. It provides various routing products, counting ACX series universal access routers to deploy new high-bandwidth services; MX series Ethernet routers that functions as a universal edge platform; M series edge routers; PTX series packet transport routers; and T series routers.
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