On Wednesday, Patterson-UTI Energy, Inc. (NASDAQ:PTEN)’s shares inclined 3.72% to $18.11.
PATTERSON-UTI ENERGY, INC. (PTEN) stated that for the month of July 2015, the Company had an average of 111 drilling rigs operating in the United States and four rigs in Canada.
Average drilling rigs operating stated in the Company’s monthly declarements represent the average number of the Company’s drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company’s operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company’s financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
Patterson-UTI Energy, Inc., through its auxiliaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Contract Drilling segment markets its contract drilling services primarily in Texas, New Mexico, Louisiana, Oklahoma, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, Ohio, West Virginia, and western and northern Canada.
Lowe’s Companies, Inc. (NYSE:LOW)’s shares dropped -0.65% to $68.97.
Lowe’s Companies, Inc. ( LOW) and Hitachi Power Tools declared recently the introduction of the industry leading line of professional grade Hitachi pneumatic nailers and fasteners exclusively at Lowe’s stores nationwide and online at Lowes.com. Lowe’s now offers the broadest selection of Hitachi power tools, with a lineup of tools the pros prefer most with the latest innovations that deliver lighter, faster and more durable products. The new Hitachi Power Tool displays are joining the existing lineup of Hitachi tools at Lowe’s and are rolling out to stores this month.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. It provides home improvement products under the categories of kitchens and appliances; lumber and building materials; tools and hardware; fashion fixtures; rough plumbing and electrical; lawn and garden; seasonal living; paint; home fashions; storage and cleaning; flooring; millwork; and outdoor power equipment.
At the end of Wednesday’s trade, MGIC Investment Corp. (NYSE:MTG)‘s shares dipped -0.82% to $10.82.
MGIC Investment Corp. (MTG) continued its streak of strong operating statistics, seen over several months, in May 2015. The trend reflects a decline in the delinquency level and an improvement in new business written.
Primary new insurance written for May 2015 was $3.7 billion, up 32% year over year and 2.8% sequentially.
Delinquency loans (loans that failed to pay back) at MGIC Investment witnessed an improvement on a year-over-year basis. Delinquent inventory for the month under review was 68,224, down 21% year over year and 2% sequentially.
Established in 1957, MGIC Investment is the nation’s oldest private mortgage insurer, with insurance in force of $164.9 billion.
The company which was devastated by the 2008 financial crisis is crawling back. Its fortunes have been shored up by declining delinquencies and improving cure rates on claims from its legacy business. The prospects of the company also look bright on its growing book of high-credit-quality business written since 2009.
MGIC Investment Corporation, through its auxiliaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the United States. The company offers primary mortgage insurance that provides mortgage default protection on individual loans, in addition to covers unpaid loan principal, delinquent interest, and various expenses associated with the default and subsequent foreclosure; and pool insurance coverage, which covers the excess of the loss on a defaulted mortgage loan that exceeds the claim payment under the primary coverage.
Hologic, Inc. (NASDAQ:HOLX), ended its Wednesday’s trading session with 1.60% gain, and closed at $41.90.
Hologic, Inc. (HOLX) declared that the Company will present at the Canaccord Genuity Growth Conference in Boston on Wednesday, August 12 at 3:30 p.m. Eastern Time (ET) and the Morgan Stanley Global Healthcare Conference in New York on Wednesday, September 16, 2015 at 11:40 a.m. ET.
Hologic, Inc. develops, manufactures, and supplies diagnostics products, medical imaging systems, and surgical products for women in the United States and internationally. The company operates in four segments: Diagnostics, Breast Health, GYN Surgical, and Skeletal Health. The Diagnostics segment provides Aptima family of assays, target capture/nucleic acid extraction technology, transcription-mediated amplification technology, hybridization protection and dual kinetic assays, instrumentation, Invader chemistry platform, ThinPrep system, fetal fibronectin tests, Procleix family of assays, and virology and infectious disease products.
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