After much speculation over the past couple of months, offshore drilling expert SeaDrill Limited (NYSE:SDRL) announced, as part of its third-quarter financial results, that it was suspending its dividend and “focusing on debt reduction and value creating opportunities due to significant deterioration in the broader markets.” In short, it sounds like management has realized that the offshore drilling market’s current state of malaise, combined with falling oil prices and demand, could make for a big, big problem that the company isn’t prepared to handle. SeaDrill Limited (NYSE:SDRL) belongs to Basic Materials sector. Its net profit margin is 80.60% and weekly performance is -22.72%. On last trading day company shares ended up $15.99. SeaDrill Limited (NYSE:SDRL) distance from 50-day simple moving average (SMA50) is -32.56%.
On Nov 13, Cinedigm Corp. (NASDAQ:CIDM) announced financial results for the second quarter of fiscal 2015, which ended September 30, 2014. Consolidated revenues increased 23% to $23.7 million from $19.2 million in the prior year quarter. Cinedigm Corp. (NASDAQ:CIDM) shares advanced 5.91% in last trading session and ended the day at $1.97. CIDM Gross Margin is 71.50% and its return on assets is -9.90%. Cinedigm Corp. (NASDAQ:CIDM) quarterly performance is 5.91%.
Pembina Pipeline Corporation (NYSE:PBA) said Thursday that it plans to construct a new facility and expand its gas processing capacity at Musreau by 100 million cubic feet per day for an estimated cost of $105 million. Pembina Pipeline Corporation (NYSE:PBA) belongs to Basic Materials sector. Its weekly performance is -2.19%. On last trading day company shares ended up $37.50. Pembina Pipeline Corporation (NYSE:PBA) distance from 50-day simple moving average (SMA50) is -8.05%.
On Nov. 20, EDAP TMS SA (NASDAQ:EDAP), announced financial results for the third quarter and nine months ended September 30, 2014 and provided an update on recent strategic and operational developments. Total revenue for the third quarter 2014 was EUR 6.9 million (USD 9.0 million), a 24% year-over-year increase compared to EUR 5.6 million (USD 7.4 million) for the third quarter 2013. Total revenue included a EUR 0.5 million (USD 0.7 million) one-off revenue related to the licensing of a HIFU patent. EDAP TMS SA (NASDAQ:EDAP) ended the last trading day at $2.55. Company weekly volatility is calculated as 17.54% and price to cash ratio as 6.52. EDAP TMS SA (NASDAQ:EDAP) showed a weekly performance of 63.46%.
Shares of Visteon Corp (NYSE:VC) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 1,169,956 shares, a decline of 48.2% from the October 15th total of 2,258,232 shares, AnalystRatingsNetwork.com reports. Visteon Corporation (NYSE:VC) shares advanced 0.12% in last trading session and ended the day at $98.48. VC Gross Margin is 10.30% and its return on assets is 6.10%. Visteon Corporation (NYSE:VC) quarterly performance is -2.06%.