Hot Stocks Trending Alert: Seadrill Ltd (NYSE:SDRL), Newmont Mining Corp (NYSE:NEM)

On Thursday, Shares of Seadrill Ltd (NYSE:SDRL), added 1.37% and closed at $2.22 in the last trading session. The last trading range of the stock ranges between $2.12 and $2.26. Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through Floaters and Jack-up Rigs segments. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells. Its drilling contracts regardingsemi-submersible rigs and drillships for harsh and benign environments in mid, deep, and ultra-deep waters. The Jack-up Rigs segment offers services, such as drilling, completion, and maintenance of offshore exploration and production wells. This segment’s drilling contracts relate to jack-up rigs for operations in harsh and benign environment. As of March 31, 2016, the company had a fleet of 879 units, counting 121 drillships, 185 semi-submersible rigs, 536 jack-up rigs, and 37 tender rigs.

Newmont Mining Corp (NYSE:NEM), dropped -6.32% and closed at $34.68in the last trading session. The last trading range of the stock ranges between $34.39 and $36.90. The company’s Market capitalization is $18.91 Billion with the total Outstanding Shares of 530.75 million. Newmont Mining Corporation (NEM) (“Newmont” or the “Company”) declared recently the Reference Yield, the Tender Offer Consideration and the Total Consideration (each as defined below) for its offer (the “Tender Offer”) to purchase for cash an aggregate combined principal amount of up to $500,000,000 (as such amount may be raised by the Company, the “Maximum Tender Amount”) of its 3.500% Senior Notes due 2022 (the “2022 Notes”) and 5.125% Senior Notes due 2019 (the “2019 Notes” and, together with the 2022 Notes, the “Notes”). The terms and conditions of the Tender Offer are described in an offer to purchase (the “Offer to Purchase”), dated October 27, 2016.

The Tender Offer begind on October 27, 2016. The amount of each series of Notes that is purchased in the Tender Offer will be based on the order of priority (the “Acceptance Priority Level”) for such series of Notes as set forth in the table below. If purchasing all of the tendered Notes of an applicable Acceptance Priority Level on the Settlement Date would cause the Maximum Tender Amount to be exceeded, the amount of such Notes purchased on the Settlement Date (as defined below) will be prorated based on the aggregate principal amount of such Notes tendered such that the Maximum Tender Amount will not be exceeded using the procedures more fully described in the Offer to Purchase.

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