On Wednesday, Shares of Applied Materials, Inc. (NASDAQ:AMAT), gained 0.70% to $20.10.
Applied Materials, will hold its 2015 Analyst Meeting on Monday, July 13 in San Francisco, California. Presentations by Applied`s management team will begin at 2:00 p.m. PT (5:00 p.m. ET) and conclude at approximately 4:30 p.m. PT. The presentations will include discussions of Applied`s industry and business outlooks, strategies, opportunities, products and financial performance.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company’s Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
Shares of Noble Corporation plc (NYSE:NE), declined -1.17% to $15.26, during its last trading session, as oil futures settled lower on Wednesday after a weekly U.S. government report revealed an unpredictable climb in gasoline supplies and an enhance in oil production.
August crude lost 74 cents, or 1.2%, to settle at $60.27 a barrel on the New York Mercantile Exchange following a volatile session in the wake of supply data.
On Wednesday, the U.S. Energy Information Administration said that inventories fell by 4.9 million barrels in the week ending June 19. The decline was the eighth straight registered in as many weeks, and came in well above the predictable draw of 1.7 million barrels, according to an average of nine analyst estimates compiled by Bloomberg.
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units.
Gold fell for the fourth straight session to a two-week low on Wednesday as the dollar pared earlier losses as compared to the euro and traders awaited news on Greece’s negotiations with its international lenders to avoid default.
The precious metal has declined as the dollar strengthened and optimism over the prospects for a deal on Greece prompted investors to favor assets seen as higher risk, such as stocks.
Gold edged higher in earlier trade as both stocks and the dollar retreated, but failed to maintain momentum as those assets recovered from lows. Prices fell to their lowest since June 8 at $1,171.03. Reuters Reports.
Among Gold stocks, Kinross Gold Corporation (NYSE:KGC), ended its last trade with 1.75% gain, and closed at $2.32.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
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