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Friday 22 May 2015
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Stocks Losing Enormously: Hercules Offshore, (NASDAQ:HERO), Rowan Companies (NYSE:RDC), Statoil ASA (NYSE:STO), Western Digital (NASDAQ:WDC)

On Tuesday, Hercules Offshore, Inc. (NASDAQ:HERO)’s shares declined -7.02% to $0.840.

Hercules Offshore, Inc. (HERO) declared that it has published the May Fleet Status Report. The Report comprises the Hercules Offshore Rig Fleet Status (as of May 19, 2015), which contains detailed contract information for each of the Company’s drilling rigs. The Report also comprises the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for April 2015, counting revenue per day and operating days. The Report can be found on the Company’s website at www.herculesoffshore.com, under the “Investor Relations” section of the website.

Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments.

Rowan Companies PLC (NYSE:RDC)’s shares dropped -3.05% to $21.95.

Rowan Companies PLC (RDC) declared that its Board of Directors has declared a quarterly cash dividend of $0.10 per Class A Ordinary Share payable on May 26, 2015 to the shareholders of record at the close of business on May 12, 2015.

Rowan Companies plc provides offshore oil and gas contract drilling services. It operates a fleet of 30 self-elevating mobile offshore jack-up drilling units, in addition to 3 ultra-deepwater drill ships.

At the end of Tuesday’s trade, Statoil ASA (ADR) (NYSE:STO)‘s shares dipped -3.74% to $19.62.

Statoil ASA (ADR) (STO) adopted the annual report and accounts for Statoil ASA for 2014, as projected by the board of directors.

The annual accounts and the annual report for Statoil ASA and the Statoil group for 2014 were approved, and a dividend of NOK 1.80 per share will be distributed for the fourth quarter of 2014, implying a full-year dividend of NOK 7.20 per share for 2014. The dividend accrues to the company’s shareholders as of 19 May 2015. Statoil’s shares listed on the Oslo Stock Exchange (Oslo Boers) will be traded ex-dividend as of 20 May 2015. American Depositary Shares (ADS) listed on the New York Stock Exchange will be traded ex-dividend as of 19 May 2015. The predictable dividend payment date for Statoil’s shares on Oslo Stock Exchange (Oslo Boers) is 29 May 2015. The predictable payment date for dividends in USD under the US American Depository Receipts (ADR) program is 4 June 2015.

Statoil ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally.

Western Digital Corp (NASDAQ:WDC), ended its Tuesday’s trading session with -2.33% loss, and closed at $95.59.

Western Digital Corp (WDC) and a world leader in storage solutions, recently revealed its improved myWD™ Partner Program, an award-winning loyalty channel program for MSPs, VARs, and system integrators with new features such as product solution centers, industry-focused marketing assets and on-demand product training.

As a result of more than a year of survey and ongoing feedback from WD’s valued myWD partners, the new and improved site offers new features that lead to a seamless user experience for myWD partners providing relevant and easy-to-access information at their fingertips. The new features comprise1:

  • Solution selling centers on growing markets such as Surveillance, NAS, and Datacenter
  • Discounts of up to a 40% discount on qualifying products to be used for demonstration, testing or internal use
  • Industry focused marketing assets
  • On-demand online product training through WD University
  • A points system, where members earn rewards based on purchases of WD products from authorized distributors

Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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