Seadrill Ltd (NYSE:SDRL) has announced on Friday that it received three-year contract extensions from Saudi Arabian Oil Co., which is popularly known as Saudi Aramco, for the AOD I and AOD II jack-ups, which are now expected to expire by June and July 2019, respectively. With the extensions, Seadrill will continue the current existing contracts […]
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Office Depot, Inc. (NASDAQ:ODP) Appoints Hilton Worldwide Holdings Inc (NYSE:HLT) EVP, General Counsel Campbell As New Board Of Directors Member, Unveils Realspace Modern Comfort Series
Office Depot, Inc. (NASDAQ:ODP) has named on Monday the newest member of its Board of Directors, Kristin Campbell, who will be part of the Audit Committee as well. Roland Smith, Office Depot Chairman and CEO, stated in behalf of the company that he is pleased to have Campbell on board, believing that her experience of […]
MeetMe Inc (NASDAQ:MEET) Mobile Revenue Jumps 82% YoY In 2Q2016
MeetMe Inc (NASDAQ:MEET) reported tremendous progress in 2Q2016 towards its objective of becoming the largest global service for chatting and meeting with new people. In 2Q2016, mobile revenue jumped 82% YoY to $15.1 million, contributing 92% of the total revenue. Total revenue surged 48% to $16.4 million. The management speaks Geoff Cook, the CEO of […]
Encana Corp (USA)(NYSE:ECA) Closes The Sale of DJ Basin And Gordondale Assets
Encana Corp (USA)(NYSE:ECA) reported that it closed the sales of Gordondale assets to Birch cliff Energy Ltd. The company’s subsidiary unit, Encana Oil & Gas (USA) Inc., also closed the sale of its Denver Julesburg Basin assets to Crestone Peak Resources. As stated earlier, the company plans to use a part of the cash proceeds […]
Can Things Change For GoPro Inc (NASDAQ:GPRO)?
Shares of GoPro Inc (NASDAQ:GPRO) posted remarkable gains on massive volume in last one week. This splurge of gains can be attributed to strong financial performance in 2Q2016. While it is quite early to say, it appears as if things are gradually turning around for the stressed camera-maker and it can post a strong 2H2016. […]
Why First Data Corp (NYSE:FDC) Shares Jumped 5%?
First Data Corp (NYSE:FDC) shares gained as much as 5% to close at $13.02 in yesterday’s trading session. This steep share price can be attributed to strong 2Q2016 profit that surpasses analysts’ projections. The stock price has dropped 19% since its initial public offering in last October. Net income came at $152 million compared to […]
Acquisition Of New Markets Leading Frontier Communications Corp (NASDAQ:FTR) Growth
Frontier Communications Corp (NASDAQ:FTR) reported that the revenue in 2Q2016 came at $2.61 billion compared to $1.36 billion in 1Q2016 with the acquisition of the new markets leading the large increase. Net loss to common shareholders amounted to $80 million while adjusted EBITDA came at $1.03 billion. The company recorded free cash flow of $250 […]
Gordondale And DJ Basin Assets Sales Completed By Encana Corp (USA) (NYSE:ECA)
Previously, Encana Corporation (USA) (NYSE:ECA) announced that they were implementing the sales of its Gordondale and DJ Basin assets. Today they further announced that they have successfully completed the sales stage of Gordondale and DJ Basin assets. The new successful owners Birchcliff Energy Ltd. (TSX: BIR) located in Calgary, Alberta has successfully purchased Gordondale assets […]
New Mobile Games Perfecting the Freemium Business Model (OTCMKTS:NTDOY)
The freemium business model is the most common business model for startup companies, but it is also continuing to ramp up in the mobile gaming industry. In case you are unaware, the freemium business model allows a user to start the service or application for free and charges a fee or a subscription for increased […]
ESPN making Drone Racing Legitimate means Money for the Whole Industry
If you believe that drone racing is a little silly, consider the fact that the new sport is appearing on ESPN (DIS) this August. In a statement last week, the 24/7 sports network announced, alongside the International Drone Association, a distribution deal. The appearance on ESPN will provide legitimacy to the sport and gather interest […]
