Notable Intraday Movers: National-Oilwell Varco, Inc. (NYSE:NOV), Discovery Communications Inc. (NASDAQ:DISCA)

On Friday,Shares of  National-Oilwell Varco, Inc. (NYSE:NOV), subtract -0.33% and closed at $36.74 in the last trading session. The last trading range of the stock ranges between $36.70 and $37.37. National Oilwell Varco, Inc. designs, manufactures, and sells equipment and components used in oil and gas drilling, completion, and production operations; and provides oilfield services to the upstream oil and gas industry worldwide. It operates through four segments: Rig Systems, Rig Aftermarket, Wellbore Technologies, and Completion & Production Solutions. The Rig Systems segment offers land rigs; offshore drilling equipment packages; and drilling rig components. This segment provides substructures, derricks, and masts; cranes; pipe lifting, racking, rotating, and assembly systems; fluid transfer technologies, such as mud pumps; pressure control equipment; power transmission systems; and rig instrumentation and control systems. The Rig Aftermarket segment offers spare parts; and repair and rental services, in addition to technical support, field and first well support, field engineering, and customer training services. The Wellbore Technologies segment designs, manufactures, rents, and sells various equipment and technologies. This segment also provides solids control and waste administration equipment and services, drilling fluids, power generation equipment, drill and wired pipes, instruments, measuring and monitoring equipment, downhole and fishing tools, hole openers, and drill bits, in addition to drilling optimization and automation, tubular inspection, repair and coating, and rope access inspection services. The Completion and Production Solutions segment offers pressure pumping trucks and pumps, blenders, sanders, hydration units, injection units, flowlines, manifolds, and wellheads; well intervention tools; offshore production comprising composite pipes, process equipment, floating production systems, and subsea production technologies; and onshore production, counting surface transfer and progressive cavity pumps, reciprocating pumps, pressure vessels, and artificial lift systems.

Discovery Communications Inc. (NASDAQ:DISCA), jumped 0.41% and closed at $26.92 in the last trading session. The last trading range of the stock ranges between $26.76 and $26.92. The company’s Market capitalization is $10.56 Billion with the total Outstanding Shares of 150.89 million. Working Mother magazine recently named Discovery Communications, for the 17th successive year, as one of the “Working Mother 100 Best Companies” for its outstanding leadership in creating progressive programs for its workforce in the areas of advancement of women, flexibility, child care and paid parental leave.

A veteran of the annual list, Discovery has continued year after year to expand its already robust employee benefit program. Most recently the company declared a noteworthyenhancement to its paid leave policy for U.S. employees. Effective January 1, 2017, the new policy will extend Discovery’s parental leave benefit to a full 12 weeks of paid leave, and will now offer those same 12 weeks as part of a brand-new caregiver leave benefit designed to support families in the case of serious health conditions. Under the new policy and with the addition of short-term disability and up to two weeks of vacation time, maternity leave will now max at 20 to 22 weeks, depending on delivery.

“Discovery is committed to supporting all of our employees both at work and at home. It’s a philosophy that over time has proven what we have known for many years: employees that are supported at home also are happier and more productive in the workplace,” said Adria Alpert Romm, Chief Human Resources and Global Diversity Officer for Discovery Communications. “By promoting a culture that places a priority on work-life balance, we are attracting and retaining the kind of planned, dedicated and creative employees that have and will continue to make this company a leader in global entertainment.”

Leave a Reply

Your email address will not be published. Required fields are marked *