On Monday, Shares of SeaDrill Limited (NYSE:SDRL), gained 1.77% to $8.04, as oil prices jumped more than 8 percent, extending their biggest price surge in 25 years.
U.S. crude oil futures jumped 8.8 percent, assisted by a downward revision of U.S. crude production data and OPEC’s readiness to talk with other producers.
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.
Shares of Southern Company (NYSE:SO), declined -0.75% to $43.41, during its last trading session.
The Southern Company said Monday its partner Southern Power will acquire a controlling interest in a 200-megawatt solar plant in California from Recurrent Energy, a unit of Canadian Solar Inc. The solar plant, called Tranquility, will be the first partnership between the two companies. The plant is going up in Fresno County, central California, and its power is to be sold to Southern California Edison under a 15-year power purchase agreement. The plant is predictable to start operating at the end of 2016. Market Watch Reports
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Finally, SAP SE (NYSE:SAP), ended its last trade with -0.30% loss, and closed at $67.26.
SAP declared a series of new rapid-deployment solutions (RDS) from SuccessFactors, an SAP company, to simplify and accelerate implementations of human capital administration (HCM) cloud solutions. The new rapid-deployment solutions add to the existing portfolio of SAP® Rapid Deployment solutions, further enabling customers to quickly adopt SAP SuccessFactors® solutions and innovate HR functions, leveraging a comprehensive set of best-practice and service offerings.
HR software must be more agile, mobile, flexible and productive to support today’s working environments. HR professionals have the unique challenge of providing the right digital technology for employee engagement, supported by best practices to make the technology work to improve employee growth and success.
SAP SE provides application and analytics software and software-related services for enterprises worldwide. The company offers solutions covering various lines of businesses, counting asset administration, commerce, finance, human resources, manufacturing, marketing, sales, service, sourcing and procurement, supply chain, and sustainability, in addition to research and development, and engineering.
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