Oclaro Inc (NASDAQ:OCLR) released the financial report for its fourth quarter and FY2017, which closed July 1, 2017. For Q4 2017, revenue came at $149.4 million as compared to revenue of $162.2 million in the Q3 FY2017, and revenue of $125.2 million in the Q4 2016. GAAP gross margin...
In the last trading session, the stock price of Oasis Petroleum Inc. (NYSE:OAS) jumped more than 9% to close the day at $8.16. Earlier in August, the company reported that for the quarter closed June 30, 2017, it completed and placed on production 10.8 net operated wells, based in...
Oasis Petroleum Inc. (NYSE:OAS) reported the launch of the Oasis Midstream Partners LP initial public offering of 7.5 million common units showcasing limited partner interests, at an expected IPO price between $19 and $21 per common unit, following a registration statement on Form S-1 earlier filed with the "SEC". The...
Analysts at Credit Suisse have upgrades Ambev SA (ADR)(NYSE:ABEV) shares to “Outperform” from previous assigned rating of “Neutral.” On Tuesday, the shares surged more than 3% to close the day at $6.68. The gains came at a share volume of 32.74 million compared to average share volume of 14.39...
Kerr Mines Inc. (OTCMKTS:KERMF) has begun the underground exploration and development drilling process for the 2017 Copperstone Mine pre-feasibility assessment and exploration program. Around 4,600 meters of drilling is planned for the first phase with the objective of enhancing the confidence levels and ounces of the current resource in...
Sprint Corp (NYSE:S) recently finalized a deal with Vivint Smart Home, introducing its digital home services to as many as 16 outlets in Utah, Arizona, Ohio and Kansas City. According to Wave7, the company intends to expand that number to 80 outlets by year's end. The association would link...
Petroleo Brasileiro SA Petrobras (ADR)(NYSE:PBR) reported that it has commenced the process for the sale of Araucária Nitrogenados SA, which operates in Araucária, and the Fertilizers Unit-III, whose plant in Três Lagoas is 80.95% complete. The program is part of the integral exit plan of fertilizer production, as stated...
Tahoe Resources Inc (NYSE:TAHO) announced that the Guatemalan Supreme Court made a decision that reestablishes the Escobal mining license of company’s Guatemalan subsidiary unit named Minera San Rafael (MSR). This decision changes the Supreme Court’s previous verdict to suspend MSR’s license pertaining with an action brought forward by the...
Southwestern Energy Company (NYSE:SWN) reported that it is starting, depending on market conditions, a public offering of $1.15 billion total principal amount of senior notes, comprising of a series of the "2026 Notes" and a series of the "2027 Notes" and, together with the "Notes". The details Southwestern Energy plans to...
Petroleo Brasileiro SA Petrobras (ADR)(NYSE:PBR) refinanced trade finance loans worth $1.32 billion with two large banks, as part of a plan to smooth out impending amortizations through the close of the decade. The details In a recent securities filing, Petroleo reported that it contracted a $321 million trade financing contract with...