Worth Watching Stocks Under Review: Halliburton Company (NYSE:HAL), Brocade Communications Systems, Inc. (NASDAQ:BRCD)

On Tuesday, Shares of Halliburton Company (NYSE:HAL), subtract -0.52% and shut at $49.84 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $49.07 and $50.49. Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company’s Completion and Production segment offers production enhancement services, counting stimulation and sand control services; and cementing services, such as bonding the well, well casing, and casing equipment. It also provides completion tools that offer downhole solutions and services, counting well completion products and services, intelligent well completions, liner hanger systems, sand control systems, and service tools; pressure control services comprising coiled tubing, hydraulic workover units, and downhole tools; and pipeline and process services, such as pre-commissioning and maintenance, subsea pipeline, conventional pipeline, and process services. In addition, this segment offers oilfield production and completion chemicals and services; electrical submersible pumps and progressive cavity pumps; and installation, maintenance, repair, and testing services. The company’s Drilling and Evaluation segment provides drilling fluid systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste administration services; and drilling systems and services.

Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD), added 0.24% and shut at $12.40 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $12.38 and $12.47. The association’s commercial center capitalization is $4.97 Billion with the general uncommon loads of 400.87 million. Brocade® ( NASDAQ : BRCD ) recently stated financial results for its fourth quarter and full fiscal year 2016 ended October 29, 2016. Brocade stated fourth quarter revenue of $657 million, a boost of 12% year-over-year and 11% quarter-over-quarter. Revenue for fiscal year 2016 was $2,346 million, up 4% year-over-year. GAAP diluted earnings per share (EPS) was $0.16 for the fourth quarter and $0.51 for fiscal year 2016, down 19% and down 35% year-over-year, respectively. Non-GAAP diluted EPS was $0.33 for the fourth quarter and $1.04 for fiscal year 2016, up 27% and up 3% year-over-year, respectively.

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