On Monday, Seadrill Ltd (NYSE:SDRL)’s shares inclined 2.03% to $7.03.
Seadrill Limited, has been notified by Husky Oil Operations Limited of the cancellation of the drilling contract for the West Mira.
In the fourth quarter of 2012 Seadrill was awarded a 5 year contract for the West Mira with Husky for operations in Canada and Greenland. The total estimated base revenue potential was about $1 billion. As stated in the Company`s second quarter earnings report, due to the late delivery of the Unit, the Company had tentatively agreed with Husky to reduce the dayrate on the West Mira. The construction contract was subsequently cancelled by Seadrill due to the Shipyard`s inability to deliver the Unit within the timeframe required under the contract.
Seadrill remains in discussions with Husky to find an alternative solution to meet its drilling requirements.
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.
Symantec Corporation (NASDAQ:SYMC)’s shares gained 0.45% to $20.26.
Symantec Corp. (SYMC) declared that it has designated Dan Rogers to Chief Marketing Officer. Reporting to Symantec CEO Michael A. Brown, Rogers will oversee the company’s marketing efforts, counting brand awareness, digital marketing, demand generation and events.
“Dan has a proven track record of building powerful marketing teams and understands the importance of keeping the customer’s needs first,” said Michael A. Brown, Symantec president and CEO. “His preceding leadership for two of the world’s largest cloud providers will serve as a tremendous asset at Symantec as we secure more cloud-based workloads in the future. We are happy to have Dan on board to advance our marketing efforts while we continue leading the cybersecurity industry.”
Since 2013, Rogers has been Chief Marketing Officer of the EMEA-region at Salesforce, where he contributed to noteworthy enhances in revenue and unaided brand awareness. Proceeding to that, he was head of global product marketing for Amazon Web Services, and formerly served in senior marketing and product administration roles at Microsoft. Rogers holds an M.B.A. with distinction from Harvard Business School.
Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems. The company operates through three segments: Consumer Security, Enterprise Security, and Information Administration.
At the end of Monday’s trade, Suncor Energy Inc. (USA) (NYSE:SU)‘s shares surged 1.55% to $26.25.
Suncor Energy’s 2015 Report on Sustainability discuss the company’s approach to delivering environmental, social and economic performance and provides the company’s perspective on the role hydrocarbons will play as the world transitions to a low carbon future.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products. It operates in Oil Sands; Exploration and Production; Refining and Marketing; and Corporate, Energy Trading, and Eliminations segments.
Intuit Inc. (NASDAQ:INTU), ended its Monday’s trading session with 1.54% gain, and closed at $86.81.
Intuit Inc. (INTU) is partnering with OnDeck ® (ONDK), a leading platform for small business loans, to launch the new QuickBooks Financing Line of Credit to provide faster access to lower-rate small business loans. This first-of-its-kind financing solution enables small businesses to use their QuickBooks Online data to apply for loan offers with the click of a button. Intuit and OnDeck will launch a new $100 million small business lending fund to back the new product.
The new QuickBooks Financing Line of Credit product will be powered by Intuit’s customer data and leverage OnDeck’s industry leading technology. It is designed to offer a better financing experience for established small businesses with strong credit. Product highlights comprise:
- Lower Rates – Annual interest rates will range from 8.9% to 19.9%.
- Faster Funding – Loans will be funded as fast as one business day, dramatically shortening a process that traditionally takes weeks with a bank.
- Painless Application – Small business owners can complete the loan application with a few clicks thanks to the seamless integration between QuickBooks and OnDeck.
- Flexible Structure –The Line of Credit product will assist small businesses manage their working capital needs and provide peace of mind that they have dedicated financing in place.
Intuit Inc. provides business and financial administration solutions for small businesses, consumers, and accounting professionals primarily in the United States, Canada, the United Kingdom, Australia, India, and Singapore.
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