U.S. stocks were little changed on Tuesday as Verizon and United Technologies rose after strong quarterly results, limiting the losses caused by IBM’s disappointing results and lowered forecast.
Third-quarter company earnings are in focus this week, with investors keeping an eye on revenue growth and outlook commentary on the effects of a global economic slowdown.
Nabors Industries Ltd (NYSE:NBR) was moving on trading-volume of 710,227.00 shares in the recent trading session versus its average trading volume of 8.82 million shares. The share price advanced +1.19% and reached at $10.20. The market capitalization of the stock remained 3.39 billion. Nabors Industries Ltd (NYSE:NBR) invites to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo, Chief Financial Officer, Wednesday, October 28, 2015 at 10:00 a.m. Central Time for a discussion of operating results for the third quarter 2015. Nabors will declared earnings after the market closes on October 27, 2015 .
Verizon Communications Inc (NYSE:VZ), so far this trade, showed that 3.17 million shares were exchanged versus the average volume of 15.35 million shares. The stock began today’s trade at $44.92 and was recently trading at $45.50, escalating +1.81%. The market capitalization after this change moved to 184.17 billion. Verizon Communications Inc (NYSE:VZ) offers wireless voice and data services; messaging services; service that enables its customers to access the Internet on smartphones, basic phones, notebook computers, and tablets; customers and business-focused multimedia offerings; location-based services; global data services; LTE Internet, a high-speed Internet service; and network access and value added services to support telemetry-type applications.
In the current trading session, Sunedison Inc (NYSE:SUNE) traded 1.16 million shares versus the average volume of the stock remained 30.17 million shares. The 52 week range of the stock remained $6.56 – $33.45. The stock was a bull and advanced +1.22%, while its trading price stayed at $9.16. The market capitalization of the stock reached 2.88 billion. Sunedison Inc (NYSE:SUNE) declared that it has begun construction on a 2.8 megawatt (MW) solar project for eight schools in the Montgomery County Public School system in Maryland. The eight solar power plants are expected to deliver approximately $200,000 of savings per year at current utility rates.