On Thursday, in the course of current trade, Shares of Rowan Companies PLC (NYSE:RDC), climbed 0.63%, and is now trading at $17.53.
Rowan Companies plc, declared that its report of drilling rig status and contract information has been updated as of July 20, 2015. The report titled “Fleet Status Report” can be found on the Company’s website at www.rowan.com.
Notable events in the current report comprise:
- Rowan Relentless: Rig commenced operations with Freeport-McMoRan in the U.S. Gulf of Mexico on June 16, 2015. This completes Rowan’s ultra-deepwater newbuild campaign in which all four drillships were delivered on budget and ahead of plan.
- Rowan Renaissance: Rig is presently mobilizing to the U.S. Gulf of Mexico from West Africa at a reduced day rate and is predictable to commence operations in September 2015.
- Rowan Reliance: Rig is presently drilling North Platte #3 for Cobalt after plugging and abandoning North Platte #2 on April 6, 2015. Rowan and Cobalt are working toward a resolution that may comprise certain days at zero or reduced day rate.
- Rowan Gorilla VII: Awarded a contract extension to December 2016 with Apache at a 2015-2016 blended day rate of $181,000 with a four-month priced option to follow at the same rate.
- Rowan Gorilla III: Rig is predictable to become accessible in mid-August 2015 due to early termination of the contract. Revenue for balance of contract term (January 2016) is predictable to be recognized in 3Q 2015.
- Rowan Middletown, Charles Rowan and Arch Rowan: Each rig was awarded contract extensions to August 2015 with Saudi Aramco at their current day rates.
- Rowan Gorilla IV: Awarded a multiple-well contract with a total estimated duration of 90 days with Energy XXI at a day rate of $70,000.
- Joe Douglas: Awarded a one-well contract estimated at 45 days to August 2015 with Rooster Energy at a day rate of $52,500. Additional revenue may be earned based on rig and well performance. Following the Rooster Energy contract, the rig will mobilize to Trinidad for BHP with operations predictable to commence in October 2015.
- Rowan Alaska and Rowan Juneau: The rigs have been stepped down from service as drilling units effective July 1, 2015. Rowan has reached contracts for sale of the rigs with an predictable closing by the end of July 2015. The sale agreements prohibit their future use as drilling units.
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.
During an Afternoon trade, Shares of Southern Co (NYSE:SO), dipped -0.86%, and is now trading at $42.88.
Reflecting its historical commitment to honor natural resource conservation projects focused on protecting wetlands and streams in and around its service territory, Southern Company, in partnership with the National Fish and Wildlife Foundation (NFWF) and other public and private partners, awarded $2.3 million in grants to 64 organizations nationwide as part of the Five Star and Urban Waters Restoration program.
The 2015 program funding directly supports 12 habitat-restoration projects within the Southern Company system service territory, assisting to restore more than 83 acres and 750 feet of streambank in Alabama, Florida, Georgia and Mississippi.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Shares of salesforce.com, inc. (NYSE:CRM), during its Thursday’s current trading session fell -2.17%, and is now trading at $72.28.
Salesforce, declared that Gartner, Inc. has positioned Salesforce as a Leader in its July 2015 Magic Quadrant for Sales Force Automation (SFA). This is the ninth successive year that Salesforce has appeared in the Leaders quadrant.
Gartner defines SFA as applications that “support the automation of sales activities, processes and administrative responsibilities for B2B organizations’ sales professionals. Core functionalities comprise account, contact and opportunity administration. Additional add-on capabilities focus on improving the sales effectiveness of salespeople. Among those capabilities are sales configuration, guided selling, proposal generation and content administration, and sales performance administration support, counting incentive compensation, quota, sales coaching and territory administration.”
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices; Service Cloud that enables companies to connect address customers service and support needs; and Marketing Cloud, which enables companies to map customer journeys to digital marketing interactions through email, mobile, social, Web, and connected products.
Finally, Flextronics International Ltd. (NASDAQ:FLEX), gained 1.02% Thursday, hitting its highest level.
Flextronics has further improved its sketch-to-scale service offering with the launch of Flex Pulse, a software-based real time mobile partnership tool providing unprecedented levels of connected intelligence for managing global supply chains.
“We live in a rapidly changing world, full of disruptive events, technologies and business models,” said Mike McNamara, Flextronics CEO. “Today’s executives and innovators need to run their businesses intelligently to win, and one of the biggest challenges they face is the administration of highly complex, globally-distributed supply chains.” He continued, “Flex Pulse provides us with extraordinary real time insight into our supply chain, which allows us to reduce risk and improve the efficiency of any supply chain.”
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