On Tuesday, Shares of Transocean Ltd. (NYSE:RIG), gained 3.27% to $20.21.
Transocean reported earnings for the three months ended March 31, 2015, on Wednesday, May 6, 2015, following the close of trading on the NYSE.
The company conducted a teleconference on Thursday, May 7, 2015, and talked about the results.
Transocean Ltd., together with its auxiliaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services. As of February 17, 2015, it owned or had partial ownership interests in, and operated 71 mobile offshore drilling units that comprise of 44 high-specification floaters, 17 midwater floaters, and 10 high-specification jackups.
Shares of Office Depot, Inc. (NASDAQ:ODP), declined -0.48% to $9.31, during its last trading session.
In an unprecedented collaboration, Allstate, Capital One, LegalZoom, Microsoft, Office Depot, and Web.com have joined forces to create Small Business Connection (http://www.smallbusinessconnection.com), a free online resource hub built to empower small business owners by addressing and assisting to solve their critical business issues.
This is the first partnership of its kind, made up of leading companies from the banking, insurance, legal, office supply, internet marketing and technology sectors. The variety of industries represented will assist provide small business owners – from those just starting out to established owners – with access to a broad base of knowledge and advice, all without a sales pitch.
According to the Small Business Administration, small businesses make up nearly 50 percent of private-sector payroll, representing more than 28 million companies. Nearly half of all new establishments survive five years or more and about one-third of new businesses survive 10 years or more.
Office Depot, Inc., together with its auxiliaries, supplies office products and services. The company’s North American Retail division sells an assortment of merchandise, counting office supplies, technology products and solutions, business machines and related supplies, facilities products, and office furniture under various brands through its chain of office supply stores.
At the end of Tuesday’s trade, Shares of AECOM (NYSE:ACM), lost -2.46% to $30.97.
AECOM, stated second-quarter revenue of $4.5 billion. Net income and earnings per share were flat. On an adjusted basis, diluted earnings per share were $0.58 for the quarter.
“We delivered strong organic revenue growth and made substantial progress on our integration priorities,” said Michael S. Burke, AECOM’s chairman and chief executive officer. “The solid results we delivered recently reflect our global leadership position and the complementary skill sets we have integrated over time. We are on track with our vision to become the world’s premier fully integrated infrastructure services firm, and our addressable market opportunity has never been greater.”
“We generated strong free cash flow through the first half of the fiscal year,” added AECOM’s President and Chief Financial Officer Stephen M. Kadenacy. “This cash generation drove our debt reduction as we build on our track record of disciplined capital allocation.”
AECOM, together with its auxiliaries, provides professional technical and administration support services for public and private clients worldwide. The company operates through two segments, Professional Technical Services (PTS) and Administration Support Services (MSS).
Finally, WPX Energy, Inc. (NYSE:WPX), ended its last trade with 1.12% gain, and closed at $14.39.
WPX Energy, declared it signed a contract to sell a package of Marcellus Shale marketing contracts and release certain related firm transportation capacity to an unrevealed buyer for in excess of $200 million cash.
The sale comprises various long-term natural gas purchase and sales agreements, together with 135 million Btu per day of firm transportation capacity on Transco’s Northeast Supply Link project.
This is WPX’s second transaction monetizing its holdings in the Marcellus Shale. Earlier this year, WPX accomplished a $300 million sale of its Northeast Pennsylvania assets.
WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States. The company focuses on exploiting natural gas reserves base and related natural gas liquids in the Piceance Basin of the Rocky Mountain region, in addition to developing and growing oil positions in the Williston Basin in North Dakota and the San Juan Basin in the southwestern United States.
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