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Stock Market & Financial Investment News

News Breaks
July 25, 2014
14:55 EDTPGN, PGN, PGN, IVAC, IVAC, IVAC, NE, NE, NEParagon Offshore Ltd. to replace Intevac in S&P 600 as of 8/1 close
S&P 500 constituent Noble Corp. (NE) is spinning off Paragon Offshore (PGN) to shareholders in a transaction expected to be completed after the close of trading on that date. Post spin, Noble will remain in the S&P 500. Intevac is ranked # 600 in the S&P SmallCap 600 and is no longer representative of that index.
News For PGN;IVAC;NE From The Last 14 Days
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July 27, 2015
06:20 EDTNEU.S. oil firms preparing for extended job cuts, WSJ reports
U.S. energy companies intend to cut more jobs, sell more assets, and engage in more financial maneuvers to deal with the recent drop in U.S. crude-oil prices to below $50 a barrel, the Wall Street Journal reports. Companies have started to warn that more layoffs will come, particularly Halliburton (HAL) and Baker Hughes (BHI), who disclosed last week that they had cut 27,000 jobs between them, the report says. Job cuts for the industry are beginning to extend to engineers and scientists, the report adds. Publicly traded companies in oil industry include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Other publicly traded companies in the space include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
July 24, 2015
09:06 EDTPGNParagon Offshore closes $300M sale-leaseback transaction
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July 20, 2015
16:08 EDTIVACIntevac announces new Vertex PVD system order
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