On Thursday, Shares of Hercules Offshore, Inc. (NASDAQ:HERO), lost -62.20% to $0.25, hitting its lowest level.
Hercules Offshore, declared that it received a notice from Saudi Aramco withdrawing the formerly issued notice of termination with respect to the contract for the Hercules 261 and declaring that all terms and conditions of the contract remain in full force and effect for the remainder of the five-year term of the contract. Notwithstanding the receipt of the withdrawal of the termination notice for the Hercules 261, the dayrates on this rig, the Hercules 262 and the Hercules 266, which are also under contract with Saudi Aramco, are predictable to be significantly reduced to bring such dayrates in line with current market rates for similarly-classed rigs in the region. We disclaim any obligation to update this information except as required by applicable rules and regulations.
Hercules Offshore, Inc., together with its auxiliaries, provides shallow-water drilling and marine services to the oil and natural gas exploration and production industry worldwide. The company operates through Domestic Offshore, International Offshore, and International Liftboats segments.
Shares of Sprint Corporation (NYSE:S), inclined 1.07% to $4.74, during its last trading session.
Sprint finished in a statistical tie for first place as the top ranked overall wireless network in Kansas City, according to independent mobile analytics firm RootMetrics®. The new analysis shows Sprint in a dead heat for #1 in overall wireless network performance.
This is the first time since August, 2011 that Sprint has had a shared win for overall network performance in Kansas City. This testing marks the eighth time RootMetrics tested Kansas City, with the last test coming in October, 2014.
“Kansas City deserves a great network – the best network – and we are proud that we are delivering it,” said Marcelo Claure, CEO at Sprint. “Our customers are everything to us and we’ve worked hard to deliver on our aim to have the best wireless network in our hometown. There’s never been a better time to join Sprint and support the home team.”
Sprint Corporation, through its auxiliaries, provides various wireless and wireline communications products and services to consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the U.S. Virgin Islands.
Finally, New York REIT, Inc. (NYSE:NYRT), ended its last trade with 9.83% gain, and closed at $10.50.
New York REIT, Inc. (NYRT), declared that it has accomplished a new 10-year lease with Prometheus Global Media, LLC totaling about 33,100 square feet at Worldwide Plaza, bringing the occupancy rate for office space at Worldwide Plaza to 100%.
“Over the past twelve months, we have seen tremendous demand from prospective tenants and are happy to welcome Prometheus Global Media to an already outstanding roster of tenants at Worldwide Plaza,” said Michael Happel, Chief Executive Officer and President of NYRT. “The 10-year lease was executed for the entire 29th floor, the last vacant office floor accessible for lease.”
Worldwide Plaza was built in 1989 and is comprised of a 49-story, Class-A office building containing about 1.8 million square feet of office space, about 30,000 square feet of retail space, a five-stage off-Broadway theater, a fitness center and a parking garage providing 475 parking spaces.
New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City.
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