On Monday, Hess Corporation (NYSE:HES)’s shares gained 4.81%, and closed at $72.53, after Hess Corporation, declared that it will hold a conference call on Wednesday, April 29, 2015, at 10 a.m. Eastern Daylight Time to talk about its first quarter 2015 earnings release.
To phone into the conference call, parties in the United States should dial 1-877-280-4957 and enter the pass code 13179842 after 9:45 a.m. Outside the United States, parties should dial 1-857-244-7314 and enter the pass code 13179842. This conference call will also be accessible by webcast (audio only).
Hess Corporation, an exploration and production corporation, develops, produces, purchases, transports, and sells crude oil, natural gas liquids, and natural gas. The corporation primarily operates in the United States, Denmark, Equatorial Guinea, the Joint Development Area of Malaysia/Thailand, Malaysia, and Norway.
Superior Energy Services, Inc. (NYSE:SPN)’s shares jumped 4.80%, and settled at $24.01, during the last trading session on Monday, as Superior Energy, will release its first quarter 2015 results on Thursday, April 30, 2015 after the market closes. In conjunction with the release, the Corporation has planned a conference call, which will be broadcast live over the Internet, on Friday, May 1, 2015 at 11:00 a.m. Eastern time. Investors may take part either by phone or audio webcast.
Superior Energy Services, Inc. provides specialized oilfield services and equipment to oil and gas companies in the United States, the Gulf of Mexico, and internationally. It operates through four segments: Drilling Products and Services; Onshore Completion and Workover Services; Production Services; and Technical Solutions.
At the end of Monday’s trade, Shanda Games Limited (NASDAQ:GAME)’s shares climbed 4.78%, and closed at $6.80, as on Good Friday, Shanda Games, had reached a Contract and Plan of Merger with Capitalhold Limited and Capitalcorp Limited, a wholly owned partner of Parent.
Following the Contract, Parent will attain the Corporation for cash consideration equal to US$3.55 per ordinary share of the Corporation and US$7.10 per American Depositary Share of the Corporation, each representing two Class A Ordinary Shares, in a transaction valuing the Corporation at about US$1.9 billion. This price represents a premium of 46.5% and 53.8%, respectively, over the Corporation’s 30- and 60-trading day volume-weighted average price as quoted by NASDAQ Global Select Market on January 24, 2014, the last trading date right away preceding to the Corporation’s declaration on January 27, 2014 that it had received a “going private” proposal.
The consideration to be paid to holders of Ordinary Shares and ADSs following the Contract also represents a raise of about 2.9% from the original US$3.45 per Ordinary Share and US$6.90 per ADS offer price comprised of in the January 27, 2014 “going private” proposal.
Shanda Games Limited develops, operates, and publishes online games in the Peoples Republic of China and internationally. It offers massively multi-player online role-playing games in various genres, counting martial arts adventure, fantasy, strategy, and historical events; and advanced casual games.
FuelCell Energy Inc. (NASDAQ:FCEL), ended its Monday’s trading session with 4.72% gain, and closed at $1.33, as on last Thursday, FuelCell Energy, applauded the sustainability leadership of the U.S. Federal Government with the recent executive order titled “Planning for Federal Sustainability in the Next Decade” that directs executive departments and agencies, counting the Department of Defense, to undertake actions that will reduce greenhouse gas emissions by at least 40 percent over the next decade while at the same time fostering innovation, reducing spending, and strengthening the clean energy economy. The high efficiency of fuel cells combined with the virtual lack of pollutants from the power generation process is recognized with their inclusion for meeting the minimum required percentages of sustainable electric and thermal energy under the Order in addition to the greenhouse gas reduction requirements.
The FuelCell Energy technology efficiently separates and concentrates CO2 as a side reaction during the power generation process. The CO2 can then be cooled and condensed, using commercially accessible absorption chilling technology and either used for commercial purposes or sequestered. Whether on-site power generation applications or supporting an existing coal or gas-fired power plant, the carbon capture fuel cell solution is an affordable approach utilizing commercially accessible Direct FuelCells(R) (DFC(R)) manufactured in America by FuelCell Energy.
FuelCell Energy, Inc., together its auxiliaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The corporation is also involved in the development, design, production, and sale of fuel cell products under the Direct FuelCell name.
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