On Wednesday, Shares of Noble Energy, Inc. (NYSE:NBL), gained 1.56% to $35.05.
Noble Energy, Inc. (NYSE:NBL), latest closing price of $35.05 is at a discount to its 200-day moving average price of $40.81. Its 52-week range has been $29.13 - $64.47; it is trading at discount versus its 52-week high of $62.50 achieved on Oct 9, 2014 and a premium to its 52-week low of $29.13 faced on Sep 29, 2015. The stock has the market capitalization of 14.80B.
Noble Energy, declared that the Cheetah exploration well in the Tilapia license offshore Cameroon reached the targeted Cretaceous interval and is being plugged and abandoned. The well encountered both crude oil and natural gas shows in multiple non-commercial reservoir sands. Results from the well are being integrated into the Company’s geologic modeling for the remaining prospectivity in the Tilapia license. The rig, which drilled the Cheetah well to a total depth of about 13,320 feet, will be released at the completion of well operations.
Noble Energy (NBL) is a global independent oil and natural gas exploration and production company with total proved reserves of 1.7 billion barrels of oil equivalent at year-end 2014 (pro forma for the Rosetta acquisition). The company’s diverse resource base comprises positions in four premier unconventional U.S. onshore plays - the DJ Basin, Eagle Ford Shale, Delaware Basin, and Marcellus Shale - and offshore in the U.S. Gulf of Mexico, Eastern Mediterranean and West Africa. Driven by its purpose, Energizing the World, Bettering People’s Lives(R), the company is committed to safely and responsibly providing energy to the world while positively impacting the lives of our stakeholders.
Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids worldwide.
Shares of H & R Block Inc (NYSE:HRB), declined -0.97% to $34.81, during its last trading session.
The stock, as of recent close, has shown weekly downbeat performance of -3.84% which was maintained at 5.30% in this year. The stock traded on a volume of 5,564,996, higher than its standard daily volume. The stock has moved down across its 50-day moving average of $35.12.
H&R Block, declared the preliminary results of its “modified Dutch auction” tender offer, which expired at 5:00 P.M., New York City time, on Friday, October 2, 2015.
Based on the preliminary count by the depositary for the tender offer, a total of about 48.8 million shares of H&R Block’s common stock were validly tendered and not validly withdrawn at or below $37.00 per share, counting about 13.0 million shares that were tendered through notice of guaranteed delivery.
The tender offer was oversubscribed. In accordance with the terms and conditions of the tender offer, and based on the preliminary count by the depositary, H&R Block anticipates to repurchase about 40.5 million shares at $37.00 per share on a pro rata basis, except for tenders of odd lots, which will be accepted in full, for a total cost of about $1.5 billion, not taking into account fees and expenses related to the tender offer. As such, H&R Block has determined that the preliminary proration factor for the tender offer is about 82.9%. The shares predictable to be repurchased represent about 14.7% of H&R Block’s common stock outstanding as of September 30, 2015.
H&R Block, Inc., through its auxiliaries, provides tax preparation, banking, and other services to the general public primarily in the United States, Canada, and Australia.
Finally, Shares of Alcatel Lucent SA (ADR) (NYSE:ALU), ended its last trade with 1.34% gain, and closed at $3.77.
The stock was trading on above-average volume. The stock traded at a volume of 4.79M shares at a price gain of 1.34%. The share price is now down 8.96% for the past three months. Latest closing price was 7.71% above its 50-day moving average and 2.75% above its 200-day moving average.
Alcatel-Lucent, is to introduce a new series of IP routers that will give service providers and enterprises an economically and ergonomically optimized platform for smaller locations in large-scale IP networks, or as a full-service router for smaller networks.
The new 7750 SR-e service router will expand Alcatel-Lucent’s highly successful 7750 Service Router (SR) family, extending the benefits of service routing further into the network to give service providers and enterprises IP routing technology scaled to their needs at different network locations.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
