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Friday 19 June 2015
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Pre-Market News Alert on: Sunoco Logistics Partners (NYSE:SXL), Google (NASDAQ:GOOGL), Callon Petroleum Company (NYSE:CPE), ADT (NYSE:ADT)

On Friday, Sunoco Logistics Partners L.P. (NYSE:SXL)’s shares inclined 0.46% to $38.95.

Sunoco Logistics Partners L.P. (SXL) is willing to construct a second pipeline as a part of its Mariner East II development.

Hence, the partnership is predictable to build two pipelines co presently to carry natural gas liquids (NGL) which contain propane, butane and ethane to the Marcus Hook Industrial Complex from the Marcellus Shale area. Both pipelines will spread over 350 miles.

Sunoco Logistics already got a shipper’s commitment before for the first new pipeline which will likely have a 20-inch diameter and an estimated transportation capacity of 275,000 barrels per day. The first pipeline will be operational by 2016 end.

It is to be noted, that through Nov 2016, the dayrate for one rig is $71,000. For the remaining period of the rig’s charter, the dayrate is anticipated to come down to $42,000 each day. Moreover, the other jackup’s initial day rate per day will likely be $71,000 through Feb 2018. After that, the rate will decrease to $42,000 for the remaining period.

Last month, Paragon Offshore stated first-quarter 2015 results. Earnings per share came at 47 cents, surpassing the Zacks Consensus Estimate of 28 cents. However, the bottom line slipped from the year-ago comparable quarter figure of $1.47.

Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). It operates through four segments: Crude Oil Pipelines, Crude Oil Acquisition and Marketing, Terminal Facilities, and Products Pipelines. The Crude Oil Pipelines segment transports crude oil primarily in Oklahoma and Texas. It contains about 5,300 miles of crude oil trunk pipelines, in addition to about 500 miles of crude oil gathering lines.

Google Inc (NASDAQ:GOOGL)’s shares dropped -0.47% to $547.47.

Google Inc (GOOGL) Google and Apple have positioned their watches as luxury fashion items as opposed to geeky gadgets, pursuing a more mainstream audience. Pebble has been less clear about who its watch is for.

The Pebble isn’t as refined as Apple or Google’s offerings, said Dan Ward, co-founder of app development firm Detroit Labs, but it’s also not as utilitarian as Garmin’s fitness watches, which makes it a difficult sell in an increasingly crowded marketplace.

Being created by neither Apple nor Google means Pebble’s watches are compatible with both iOS and Android, giving users the ability to switch between phones without having to change watches.

The Pebble also has a longer battery life, lasting up to seven days on a single charge contrast with the Apple Watch and Android Wear, which last one to two days.

Google declared a groundbreaking partnership for the apparel industry. Named “ Project Jacquard the partnership aims to provide interactivity to clothing by using specialized yarns. These so-called “smart textiles” enable the wearer to control gadgets through interactive fabrics. This comprises answering phones and texting.

Google Inc., a technology company, builds products and provides services to organize the information. The company offers Google Search, which provides information online; Google Now that offers information to users when they need it; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob.

At the end of Friday’s trade, Callon Petroleum Company (NYSE:CPE)‘s shares dipped -0.24% to $8.28.

Callon Petroleum Company (CPE) declared that senior administration plans to take part in the forthcoming investor event:

GHS 100 Energy Conference

The Company will present at the GHS 100 Energy Conference, hosted by Global Hunter Securities LLC in Chicago, IL, on Tuesday, June 23, 2015 at 3:00 pm Central Daylight Time.

Callon Petroleum Company engages in the exploration, development, acquisition, and production of oil and natural gas properties in the Permian Basin in West Texas. As of December 31, 2014, its estimated net proved reserves totaled 32.8 million barrel of oil equivalent, counting 25.7 million barrels of oil and 42.5 billion cubic feet of natural gas.

ADT Corp (NYSE:ADT), ended its Friday’s trading session with -0.60% loss, and closed at $36.68.

ADT Corp (ADT) declared it will be a sponsor for the U.S. Chamber of Commerce’s 11th annual America’s Small Business Summit, which will bring together hundreds of small business owners, managers, and local chamber leaders from across the country. As a summit event partner, ADT will assist provide attendees with opportunities to learn, network, and take part in a variety of thought-provoking sessions on leadership, innovation, and small business policy.

ADT will also sponsor the corporate headshots for small businesses at the summit. In this capacity, ADT will be empowering the small business owners in attendance to have professional materials created for their business cards, website materials and outbound marketing activities. Additionally, ADT Chief Information Security Officer Tom Dennison will be presenting on a panel called “Don’t Get Hacked! Cybersecurity on a Shoestring Budget,” a panel that will provide insights for small business customers in terms of how to protect against potential cybersecurity threats.

The ADT Corporation provides monitored security, interactive home and business automation, and related monitoring services in the United States and Canada. The company’s monitored security and home/business automation offerings comprise the installation and monitoring of residential and business security, and premises automation systems designed to detect intrusion, control access and react to movement, smoke, carbon monoxide, flooding, temperature, and other environmental conditions and hazards, in addition to to address personal emergencies, such as injuries, medical emergencies, or incapacitation.
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