On Thursday, Suncor Energy Inc. (USA)(NYSE:SU)’s shares enhanced 4.23%, and closed at $30.77, as Suncor Energy offered an update on its progress on cost management measures in response to the low crude price environment, as well as an update on operations.
Since the cost management program was disclosed in January, the company has made significant progress on its cost reduction initiatives. Suncor now expects that the $600 million to $800 million in operating budget reductions will be substantially realized in 2015, ahead of the previously projected two-year period. These reductions will begin to be reflected in first quarter costs. As well, the company’s effort to reduce its workforce by 1000 positions is largely complete.
Suncor Energy Inc. works as an integrated energy company. The company mostly 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 globally; transports and refines crude oil; markets petroleum and petrochemical products mostly in Canada; and markets third party petroleum products.
T-Mobile US Inc (NYSE:TMUS), inclined 4.17%, and closed at $32.96. T-Mobile will begin shipping the Galaxy S®6 and Galaxy S®6 edge to pre-sale customers before the devices go on sale in stores Friday, April 10.
Now, there’s absolutely no reason to wait to upgrade to Samsung’s new superphones. Carrier Freedom is designed to free the 29 million people currently locked into a device payment plan or lease with the old-school carriers and the 150 million more stuck in a agreement. Now, the Un-carrier will pay every penny of your remaining phone and tablet payments up to $650 AND your early termination fees − on up to 10 lines − when you trade in your old device for a new one at T-Mobile with our wildly popular Simple Choice™ plan.
T-Mobile US, Inc., along with its subsidiaries, offers mobile communications services in the United States, Puerto Rico, and the U.S. Virgin Islands. The company offers voice, messaging, and data services in the postpaid, prepaid, and wholesale markets.
At the end of Thursday’s trade, Range Resources Corp. (NYSE:RRC), surged 4.14%, and closed at $53.77.
RANGE RESOURCES CORPORATION uncovered that its first quarter 2015 financial results news release will be released Tuesday, April 28 after the close of trading on the New York Stock Exchange.
A symposium call to review the financial results is scheduled on Wednesday, April 29 at 9:00 a.m. ET (8:00 am CT). A replay of the call will be available through May 29.
Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, holds in the acquisition, exploration, and development of natural gas and oil properties in the United States.
MasTec, Inc. (NYSE:MTZ), gained 4.06%, and closed at $19.49,as MasTec, Inc. (MTZ) has received a consent from the bank group under its senior secured credit facility to delay delivery of its annual audited financial statements for the fiscal year ended December 31, 2014 and its quarterly financial statements for the fiscal quarter ending March 31, 2015. Under the terms of the consent, the Bank Group has extended the deadline for such delivery requirements to June 1, 2015.
Moreover, the Company has commenced a consent solicitation seeking extension of reporting requirements under the instruments governing its $400 million Senior Notes due March 15, 2023, comprising the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2014.
MasTec, Inc., an infrastructure construction company, offers engineering, building, installation, maintenance, and upgrade services for energy, utility, and communications infrastructure primarily in the United States.
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