On Tuesday, McDermott International Inc. (NYSE:MDR)’s shares surged 5.57% to $5.12, as oil prices rise due to the weaker U.S. dollar.
Oil prices were rising as the dollar weakened against other currencies due to weak U.S. retail sales data, according to the Wall Street Journal. Oil is priced in dollars and becomes more affordable to those using foreign currencies when the dollar is weaker.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company operates through three segments: Asia Pacific, Americas, and the Middle East. It focuses on designing and executing offshore oil and gas projects.
Rosetta Resources, Inc. (NASDAQ:ROSE)’s shares gained 5.48% to $22.72, during the last trading session on Tuesday, as Rosetta declared that it will hold its 1st Quarter 2015 Conference Call on Tuesday, May 5, 2015. The call will be hosted by Jim Craddock, Rosetta’s Chairman, Chief Executive Officer and President, and will cover the Company’s 2015 first quarter financial and operating results. The conference call will be broadcast live over the Internet.
Rosetta Resources Inc., an independent exploration and production company, attains and develops onshore energy resources in the United States. It owns producing and non-producing oil, natural gas liquids (NGLs), and natural gas properties in proven or prospective basins that are primarily located in the Eagle Ford shale in South Texas and in the Permian Basin in West Texas.
At the end of Tuesday’s trade, GrafTech International Ltd. (NYSE:GTI)’s shares gained 5.46% to $4.25, as GrafTech will report earnings for the first quarter ended March 31, 2015, on Thursday, April 30, 2015.
GrafTech’s webcast and conference call with investors and analysts will be held on the same day at 11:00 am Eastern Time.
GrafTech International Ltd. manufactures and sells graphite and carbon material science-based solutions. It operates through two segments, Industrial Materials and Engineered Solutions.
Finally, Coty Inc. (NYSE:COTY), ended its Tuesday’s trading session with 5.36% gain, and closed at $24.78, hitting its highest level, after Coty declared the appointment of Camillo Pane as EVP Category Development, effective July. Mr. Pane will join the Executive Committee and report to Bart Becht, Chairman and Interim Chief Executive Officer. Mr. Pane succeeds Renato Semerari, who will remain in his role for the transition period.
Mr. Pane’s responsibilities will comprise the development of strategies, innovations and support programs for Coty’s categories & brands across all its businesses of Fragrances, Color Cosmetics, Skin Care and Body Care.
Mr. Pane was most recently Senior Vice President, Global Category Officer Consumer Health at Reckitt Benckiser. In that role, he was responsible for managing one of the largest and fastest growing categories at Reckitt Benckiser. He started with Kraft and was with Reckitt Benckiser for 19 years in local marketing, general administration and global category development roles across a very broad variety of categories & brands in Italy, USA, Brazil and the UK.
Coty Inc., together with its auxiliaries, manufactures, markets, and distributes women’s and mens fragrances, color cosmetics, and skin and body care related products worldwide. The company operates through three segments: Fragrances, Color Cosmetics, and Skin & Body Care.
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