Pre- Market News Review: Oceaneering International (NYSE:OII), Textron (NYSE:TXT), Dynegy (NYSE:DYN)

Pre- Market News Review: Oceaneering International (NYSE:OII), Textron (NYSE:TXT), Dynegy (NYSE:DYN)

- in Business & Finance
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On Tuesday, Oceaneering International (NYSE:OII)’s shares inclined 0.31% to $44.92.

Oceaneering International, Inc. (OII) declared the appointment of Steve Barrett as Senior Vice President, Subsea Products, with worldwide responsibility for Oceaneering’s Subsea Products segment.

Mr. Barrett started his career in the oil and gas industry in 1980. In 1982 he joined FMC Technologies, Inc., where he progressed from Design Engineer to his most recent role as Global Subsea Services Director. Steve holds a B.S. in Mechanical Engineering from Texas A&M University and an M.B.A., Finance and Entrepreneurship, from Rice University.

Oceaneering International, Inc. provides engineered services and products primarily to the offshore oil and gas industry worldwide. The company’s Remotely Operated Vehicles (ROVs) segment offers submersible vehicles for drilling support in the oil and gas industry; and subsea hardware installation, construction, pipeline inspection, survey and facilities inspection, maintenance, and repair services.

Textron Inc. (NYSE:TXT)’s shares gained 0.18% to $44.33.

Textron Systems Unmanned Systems, a Textron Inc. (TXT) business, declared that the Lynchburg, Virginia-based Liberty University School of Aeronautics has implemented Aerosonde™ Small Unmanned Aircraft System (SUAS) training as part of its offered coursework for students pursuing a bachelor of science degree in aeronautics, focusing on unmanned systems. The first courses kicked off this month with 12 students, who will complete Aerosonde operations certification over three semesters.

Liberty University selected the Aerosonde system for student training based on its capability, reliability and maturity. The system is delivering thousands of monthly flight hours for U.S. Department of Defense and commercial customers in some of the world’s most challenging environments. The majority of these flight hours are offered by Textron Systems’ own practiced operators and maintainers.

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures business jets, turboprop aircraft, piston aircraft, military trainer and defense aircraft, and parts, in addition to provides maintenance, inspection, and repair services.

At the end of Tuesday’s trade, Dynegy Inc. (NYSE:DYN)‘s shares dipped -0.03% to $29.49.

Dynegy Inc. (DYN) declared that its Board of Directors declared a dividend of $1.34375 per share on the outstanding 5.375% Series A Mandatory Convertible Preferred Stock that will be paid on August 3, 2015 to stockholders of record of the Mandatory Convertible Preferred Stock on July 15, 2015. The dividend is for the dividend period starting on May 1, 2015 and ending on July 31, 2015.

Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity.

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