On Friday, Shares of AT&T, Inc. (NYSE:T), lost -0.17% to $36.12.
AT&T Inc., declared that wireline employees represented by the Communications Workers of America have voted to ratify a three-year contract for AT&T Corp. (CWA Telecommunications and Technology Office).
The AT&T Corp. contract covers about 4,500 employees located throughout the country.
Earlier June 26, employees represented by the CWA also voted to ratify a three-year contract for the AT&T Midwest region, covering about 12,000 employees in Illinois, Indiana, Michigan, Ohio and Wisconsin.
Both tentative agreements were reached on May 13, and were unanimously endorsed by the CWA bargaining committees that spent over nine weeks working with the company’s bargaining teams to reach fair agreements. The contracts are retroactive to April 12, 2015.
AT&T Inc. provides telecommunications services in the United States and internationally. The company operates through two segments, Wireless and Wireline. The Wireless segment offers data and voice services, counting local, long-distance, and network access services, in addition to roaming services to youth, family, professionals, small businesses, government, and business customers.
Shares of Halcón Resources Corporation (NYSE:HK), settled flat at $1.27, during its last trading session, as oil prices bounced back close to unchanged Friday with expectations for summer demand limiting fears connected with Greek bailout talks and Iran’s nuclear deal.
Light, sweet crude for August delivery settled down 7 cents, or 0.1%, to $59.63 a barrel on the New York Mercantile Exchange. It finished the week down 34 cents, or 0.6%.
Brent, the global benchmark, gained 24 cents, or 0.1%, to $63.26 a barrel on ICE Futures Europe. It finished the week up 24 cents, or 0.4%.
Halcón Resources Corporation, an independent energy company, is engaged in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States.
Finally, Denbury Resources Inc. (NYSE:DNR), ended its last trade with -1.07% loss, and closed at $6.49, as investors waited for the outcome of the Iranian nuclear talks, Reuters reports.
Oil futures marked a third straight session loss Friday, with traders concerned that a potential deal with Iran could add to a global glut of crude supplies.
August crude fell 7 cents, or 0.1%, to settle at $59.63 a barrel on the New York Mercantile Exchange. The August contract fell 0.6% for the week, but contrast with the July contract, which was the front-month contract last Friday, prices saw a weekly gain of 2 cents, according to Market Watch.
August Brent crude on London’s ICE Futures exchange added 6 cents, or 0.1%, to $63.26 a barrel, scoring a 0.3% gain on the week. Market Watch Reports.
Denbury Resources Inc. operates as an independent oil and natural gas company in the United States. The company primarily focuses on improved oil recovery utilizing carbon dioxide. It holds properties located in Mississippi, Texas, Louisiana, and Alabama in the Gulf Coast region; and in Montana, North Dakota, and Wyoming in the Rocky Mountain region.
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