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Wednesday 10 June 2015
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Afternoon Stocks Buzz: McDermott International (NYSE:MDR), News Corp (NASDAQ:NWSA), Splunk Inc (NASDAQ:SPLK), Xcel Energy Inc (NYSE:XEL)

On Tuesday, in the course of current trade, Shares of McDermott International (NYSE:MDR), climbed 1.25%, and is now trading at $ 5.69.

McDermott International, declared it has been awarded an offshore contract by Petróleos Mexicanos (PEMEX) for the engineering, procurement, construction, installation (EPCI) and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation.

McDermott anticipates to use its in-house engineering and procurement experts, Altamira fabrication yard located in Mexico, Intermac 600 transportation and launch barge and heavy-lift Derrick Barge 50 vessel to complete the installation of all structures. The total weight of the facilities is about 14,800 tons. Completion is planned for the fourth quarter of 2016.

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.

During an Afternoon trade, Shares of News Corp (NASDAQ:NWSA), dipped - 1.18%, and is now trading at $ 14.66.

Harlequin is a division of HarperCollins Publishers, itself a partner of News Corp and one of the largest English-language publishers in the world.

Harlequin and HarperCollins Publishers, declared the launch of Harlequin Audio, a new imprint that will produce audio versions of Harlequin titles. The imprint will release its first titles on June 30, 2015.

Harlequin Audio, in conjunction with HarperAudio, will work directly with digital audio distributors to provide full distribution to the retail and library markets. Furthermore, Harlequin Audio will distribute physical CD versions of all titles through relationships with Blackstone Audio and Midwest Tape.

In its first year, Harlequin Audio plans to release 200 titles, counting audios from bestselling authors Robyn Carr, Debbie Macomber, Shannon Stacey, Marie Force, Pam Jenoff and Maisey Yates. All titles will be accessible in the retail and library space.

News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. The company operates through News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Digital Education segments.

Shares of Splunk Inc (NASDAQ:SPLK), during its Tuesday’s current trading session fell - 0.21%, and is now trading at $ 67.83.

Splunk, declared that Orrstown Bank, an East Coast community bank with $1.2 billion in assets, is using Splunk Cloud as its security intelligence platform to assist detect threats and ensure regulatory compliance. In addition to assisting Orrstown Bank secure its hybrid cloud and on-premises environment, Splunk Cloud enables the bank to continuously improve reliability and cut costs in IT operations. The bank’s Technology and Enterprise Risk Administration organization will also use Splunk Cloud for an forthcoming project involving the bank’s ATMs.

Splunk Cloud gives Orrstown Bank centralized visibility into machine data coming from more than 60 unique data sources across its entire hybrid IT environment that comprises on-premises servers, Amazon Web Services servers and Microsoft Azure. With the ability to now analyze this hybrid data together in Splunk Cloud, Orrstown Bank has improved IT operations reliability and can quickly detect anomalous behavior across its performance, application and network data logs.

Splunk, Inc. provides software products that enable organizations to gain real-time operational intelligence in the United States and internationally. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source users.

Finally, Xcel Energy Inc (NYSE:XEL), gained 0.05% Tuesday, hitting its highest level.

Xcel Energy, declared a quarterly dividend on its common stock of 32 cents per share. The dividends are payable July 20, 2015, to shareholders of record on June 18, 2015.

Xcel Energy is a major U.S. electricity and natural gas company, with operations in 8 Western and Midwestern states. Xcel Energy provides a comprehensive portfolio of energy-related products and services to 3.5 million electricity customers and 1.9 million natural gas customers through its regulated operating companies. Company headquarters are located in Minneapolis.

Xcel Energy Inc., through its auxiliaries, engages primarily in the generation, purchase, transmission, distribution, and sale of electricity in the United States. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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