On Wednesday, in the course of current trade, Shares of SeaDrill Limited (NYSE:SDRL), dropped -0.40%, and is now trading at $12.31 as oil fell nearly 2 percent on Wednesday as traders and investors ignored a fifth straight weekly decline in U.S. crude stockpiles to focus instead on a big build in distillates, counting diesel, as the peak season for U.S. road travel got under way.
U.S. crude inventories fell 1.95 million barrels last week, more than the 1.7 million forecast by analysts in a Reuters poll, a report from the government-run Energy Information Administration showed.
Crude stocks at the Cushing, Oklahoma, delivery hub for U.S. oil also fell, together with gasoline stocks. Reuters Reports.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells. Its drilling contracts regarding semi-submersible rigs and drillships for harsh and benign environments in mid, deep, and ultra-deep waters.
During an Afternoon trade, Shares of The Dow Chemical Company (NYSE:DOW), gained 0.46%, and is now trading at $52.89.
Howard Ungerleider, Chief Financial Officer and Executive Vice President of The Dow Chemical Company, will take part in a fireside chat at the Deutsche Bank 2015 Global Industrials and Basic Materials Conference in Chicago, Ill. at 10:00 a.m. (CDT), 11:00 a.m. (EDT) June 3, 2015.
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.
Shares of Texas Instruments Inc. (NASDAQ:TXN), during its Wednesday’s current trading session fell -0.37%, and is now trading at $55.05.
Texas Instruments Incorporated, introduces the next-generation SimpleLink™ SensorTag, a new development kit that enables easy and quick integration of sensor data with wireless cloud connectivity. The new SensorTags jump start development for the Internet of Things (IoT) through features counting:
- Flexible development with multiple wireless connectivity options counting Bluetooth® low energy, 6LoWPAN and ZigBee® accessible recently based on the SimpleLink ultra-low power CC2650 wireless microcontroller (MCU)
- 10 integrated low-power sensors with the industry’s lowest power consumption for multi-year battery life
- New DevPack plug-in modules that extend the kits’ functionality and programmability
- Out of the box capabilities with a free iOS or Android app, no programming experience is required to get started
- Connect to the cloud in less than three minutes through TI’s IoT cloud ecosystem counting IBM’s Bluemix IoT Foundation
- Accessible TI Design reference designs, counting 3D print files of the SensorTag enclosures, that allow reuse of the SensorTags as a starting point for your own designs
- A Wi-Fi® demo-version of the SensorTag will be introduced soon.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.
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