On Friday, Shares of SandRidge Energy, Inc. (NYSE:SD), lost -10.74% to $0.71, as U.S. oil futures posted their biggest weekly decline Friday since March amid concerns about a continued oversupply of crude oil and potential weaker demand from the eurozone and China.
Light, sweet crude for August delivery settled down 4 cents, or 0.1%, at $52.74 a barrel on the New York Mercantile Exchange. The contract lost 7.4% this week, the biggest one-week drop since March, according to WSJ.
Today, oil prices dropped as Iran and global powers appeared close to a historic deal that would loosen sanctions in exchange for curbs on Tehran’s nuclear program. CNN Reports.
SandRidge Energy, Inc., an oil and natural gas company, explores for and produces oil and natural gas properties primarily in the Mid-Continent region of the United States. The company operates through three segments: Exploration and Production, Drilling and Oil Field Services, and Midstream Services.
Shares of Freescale Semiconductor, Ltd. (NYSE:FSL), inclined 1.10% to $37.79, during its last trading session.
Freescale Semiconductor, will declare its second quarter 2015 financial results in a press release at 3:00 p.m. Central Time, Thursday, July 23, 2015.
The company will conduct a live Webcast of its conference call with investors at 4:00 p.m. Central Time on the same day.
Freescale Semiconductor, Ltd. provides embedded processors worldwide. The company’s products comprise microcontrollers, ranging from 8-bit products to higher performance 16-bit and 32-bit products with on-board flash memory, which provide the digital logic or intelligence for electronic applications and controlling electronic equipment or analyzing sensor inputs; single-and multi-core microprocessors.
Finally, RCS Capital Corporation (NYSE:RCAP), ended its last trade with 2.74% gain, and closed at $5.25.
RCS Capital Corporation, declared that its wholesale broker-dealer auxiliaries, Realty Capital Securities, LLC, SC Distributors, LLC and The Hatteras Funds raised $407 million of total equity capital in the month of June through 30 direct investment programs and registered investment companies.
RCS Capital’s wholesale broker-dealer auxiliaries continued to report solid results through the first half of 2015, with June marking the fourth successive month of over $400 million of total equity capital raised. For the second quarter, total equity capital raised was about $1.3 billion, representing a 20% enhance from the first quarter. Sales of direct investment programs totaled nearly $376 million for the month of June, and $1.2 billion in the second quarter, representing a 24% enhance from the first quarter. Sales of non-traded REITs totaled $324 million for the month of June, and nearly $1.0 billion in the second quarter, representing a 31% enhance from the first quarter.
RCS Capital Corporation engages in the independent retail advice, wholesale distribution, investment banking, capital markets, investment administration, and investment research businesses.
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