On Tuesday, Centurylink Inc (NYSE:CTL)’s shares inclined 0.36% to $28.22.
CenturyLink, Inc. (CTL) declared its plans for a multi-city tour featuring industry analysts and select CenturyLink customers and executives to share technology insights and lessons learned with enterprise IT leaders about big data, cloud, security and customer-centric IT.
The Elevate events provide an opportunity for CenturyLink customers, prospects and partners to learn from industry experts about topics important to the disruption taking place in IT recently. The series is co-sponsored by Alcatel Lucent and features CIO Magazine as a media partner.
The series kicks off in Boston on July 15 and continues in key North American and global markets through October 2015. The roundtable forums feature keynotes from leading industry experts, counting CIO Magazine contributing editor Julia King, “Cloudonomics” author Joe Weinman and CenturyLink executives Shirish Lal, David Shacochis, David Mahon and Gary Gauba.
CenturyLink, Inc. provides various communications services to residential, business, governmental, and wholesale customers in the United States. It operates through two segments, Business and Consumer. The company offers broadband services, which allow customers to connect to the Internet through their existing telephone lines or fiber-optic cables; private line services for transmission of large amounts of data between sites; and multi-protocol label switching, a data networking technology to support real-time voice and video.
STMicroelectronics NV (ADR) (NYSE:STM)’s shares showed no change to $7.68.
Building on many years of close partnership and numerous joint research programs, STMicroelectronics (STM), a global semiconductor leader serving customers across the spectrum of electronics applications, and the French Institute of Materials, Microelectronics and Nanosciences in Provence (IM2NP - CNRS / Aix-Marseille University / University of Toulon / ISEN engineering school), member of the Carnot STAR (Science and Technology for Research Applications) Institute, have declared the official launch of a new joint research laboratory to develop the next generations of high-reliability, ultra-miniaturized electronic components.
The Radiation Effects and Electrical Reliability (REER) Joint Laboratory is a multi-site research establishment that will bring together teams from the IM2NP Institute, based in Marseille and Toulon, and specialist engineers from the ST facility in Crolles, near Grenoble.
STMicroelectronics N.V. designs, develops, manufactures, and markets various semiconductor integrated circuits and discrete devices worldwide. The company offers a range of semiconductor products, counting discrete and standard commodity components, application-specific integrated circuits, full-custom devices and semi-custom devices, micro-electro-mechanical systems, microcontrollers, sensors, digital consumer products, imaging products, memory products, media application processors, and application-specific standard products for analog, digital, and mixed-signal applications, in addition to silicon chips and smartcards.
At the end of Tuesday’s trade, Nucor Corporation (NYSE:NUE)‘s shares surged 1.60% to $44.50.
Nucor Corporation (NUE) declared the regular quarterly cash dividend of $0.3725 per share on Nucor’s common stock. This cash dividend is payable on August 11, 2015 to stockholders of record on June 30, 2015, and is Nucor’s 169th successive quarterly cash dividend.
Nucor and associates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Products produced comprise: carbon and alloy steel — in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating and expanded metal; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products.
Penn Virginia Corporation (NYSE:PVA), ended its Tuesdays trading session with -2.05% loss, and closed at $-2.05.
Penn Virginia Corporation (PVA) which has witnessed a noteworthy price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in PVA.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 4 estimates moving down in the past 30 days, contrast with no upward revisions. This trend has caused the consensus estimate to trend lower, going from a loss of $1.48 a share a month ago to its current level of a loss of $2.10.
Also, for the current quarter, Penn Virginia has seen 2 downward estimate revisions as compared to no revisions in the opposite direction, dragging the consensus estimate down to a loss of 51 cents a share from a loss of 32 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 21.9% in the past month.
Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.
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