On Friday, Shares of Netflix, Inc. (NASDAQ:NFLX), lost -2.32% to $123.52.
Netflix will premiere the original documentary Winter on Fire: Ukraine’s Fight for Freedom, directed by Evgeny Afineevsky, on Friday, October 9, 2015 exclusively to Netflix members worldwide.
Chronicling events that unfolded over 93 days in 2013 and 2014, Winter on Fire: Ukraine’s Fight for Freedom witnesses the formation of a new civil rights movement in Ukraine. What started as peaceful student demonstrations supporting European integration morphed into a full-fledged violent revolution calling for the resignation of the nation’s president. The film captures the remarkable mobilization of nearly a million citizens from across the country protesting the corrupt political regime that utilized extreme force against its own people to suppress their demands and freedom of expression.
The harrowing documentary is set to make its world premiere at the 72nd Venice Film Festival in September.
“Evgeny has assembled a cinematic tribute to the heroism, spirit and determination of the Ukrainian people,” said Lisa Nishimura, Netflix VP of Original Documentary Programming. “We are honored to provide a global platform for him to share his powerful narrative.”
“While we were filming unfathomably brutal attacks by the police on unarmed citizens, we weren’t thinking about how to get the best shots, only the importance of showing the ways in which the movement would forever change the country and the lives of its participants,” said director Evgeny Afineevsky. “We’re happy that Netflix is enabling us to share the hard truth and shocking reality of this historical event with the rest of the world.”
Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.
Shares of The Dow Chemical Company (NYSE:DOW), declined -2.36% to $45.50, during its last trading session.
The Dow Chemical Company declared the accomplished sale of AgroFresh, its post‐harvest specialty chemical business, to Boulevard Acquisition Corp., a public investment vehicle, formed by Avenue Capital Group, for more than $900 million. In addition to cash and stock at closing, Dow anticipates to receive noteworthy ongoing cash payments related to service and other agreements with AgroFresh and a $50 million cash earn out if AgroFresh achieves certain targets – putting the total value of the transaction over $1 billion. The transaction has been unanimously approved by the boards of directors of both companies, was approved by a vote of Boulevard’s shareholders on July 29, 2015, and officially closed July 31, 2015.
With this transaction and the forthcoming completion of the Dow Chlorine Products merger with Olin, Dow has significantly exceeded its preceding stated aim of realizing $7 billion to $8.5 billion of divestments, with the total now approaching more than $12 billion in pre-tax proceeds.
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
Finally, Ocean Rig UDW Inc. (NASDAQ:ORIG), ended its last trade with -0.29% loss, and closed at $3.49.
Ocean Rig UDW declared its unaudited financial and operating results for the second quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights
- For the second quarter of 2015, the Company stated a net income of $74.9 million, or $0.54 basic and diluted earnings per share.
- The Company stated Adjusted EBITDA(1) of $262.2 million for the second quarter of 2015, as contrast to $231.8 million for the second quarter of 2014.
Financial Review: 2015 Second Quarter
The Company recorded net income of $74.9 million, or $0.54 basic and diluted earnings per share, for the three-month period ended June 30, 2015, as contrast to a net income of $69.6 million, or $0.53 basic and diluted earnings per share, for the three-month period ended June 30, 2014. Adjusted EBITDA(1) was $262.2 million for the second quarter of 2015, as contrast to $231.8 million for the same period in 2014.
Revenues from drilling contracts reduced by $8.2 million to $433.2 million for the three-month period ended June 30, 2015, as contrast to $441.4 million for the same period in 2014.
Drilling rigs and drillships’ operating expenses reduced to $142.8 million and total depreciation and amortization raised to $88.8 million for the three-month period ended June 30, 2015, from $183.1 million and $81.4 million, respectively, for the three-month period ended June 30, 2014. Total general and administrative expenses reduced to $25.4 million in the second quarter of 2015 from $28.0 million during the same period in 2014.
Interest and finance costs, net of interest income, amounted to $73.5 million for the three-month period ended June 30, 2015, contrast to $57.7 million for the three-month period ended June 30, 2014.
Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore oil and gas exploration, development, and production drilling. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry.
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