On Monday, Shares of Tenaris SA (ADR)(NYSE:TS), subtract -0.62% and closed at $28.80 in the last trading session. TS stock opened its last trade at $28.80 and after floating in a range of $26.57 to $29.26. The company’s Market capitalization is $17.08 Billion with the total Outstanding Shares of 1.18 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $18.53 and reached to max level of $29.89. Tenaris S.A., through its auxiliaries, manufactures and distributes steel pipe products and other related services for the oil and gas industry, and other industrial applications. The company offers products for oil and gas drilling operations that include casings and tubings, premium connections, drill pipes, coiled tubing, hot-rolled and cold-drawn seamless tubes, non-tubular accessories, and devices, in addition to technical consulting, pipe administration, and field services. It also provides offshore line pipe products comprising top tensioned and steel catenary risers, export lines and flow lines, bends, corrosion resistant alloys, coiled line pipes, umbilical tubing, and coated pipes; seamless and welded tubes for onshore line pipe; various seamless steel tubes and pipes for refineries, petrochemical, and gas-processing plants; and tubular products for the power generation industry. In addition, the company offers sucker rods, couplings, and accessories, in addition to technical support services; and coiled tubing. Further, it provides a range of seamless tubes and tube-based components for car manufacturers and their suppliers; and hot-rolled and cold-drawn seamless steel tubes and components for use in standard mechanical engineering application, and civil and industrial installations, in addition to for manufacturing earth-moving machines, architectural structures, non-oil drilling systems, and gas cylinders. In Addition To, the company offers financial services. It operates in North and South Americas, the European Union, the Middle East, Africa, the Far East, and Oceania.
Viacom, Inc. (NASDAQ:VIAB), jumped 0.25% and closed at $36.09 in the last trading session. VIAB stock opened its last trade at $36.34 and after floating in a range of $35.78 to $36.51. The company’s Market capitalization is $14.60 Billion with the total Outstanding Shares of 347.22 million. During the 52-week trading session the minimum price at which share price traded, registered at $30.11 and reached to max level of $53.35. The Special Committee of the Board of Directors of Viacom (NASDAQ: VIAB, VIA) recently declared that it has retained financial advisors in connection with the Special Committee’s evaluation of the request by National Amusements that Viacom explore a potential combination with CBS (CBS). The financial advisors are Morgan Stanley, Allen & Company and LionTree LLC.
The Special Committee, which is comprised of six independent Viacom board members, formerly engaged Debevoise & Plimpton LLP as its independent legal advisor.