On Monday, Shares of FMC Technologies, Inc. (NYSE:FTI), added 2.65% and closed at $32.15 in the last trading session. The last trading range of the stock ranges between $31.72 and $32.22. The company’s Market capitalization is $7.34 Billion with the total Outstanding Shares of 225.63 million. FMC Technologies, Inc., together with its auxiliaries, designs, manufactures, and services technological systems and products for customers in the energy industry worldwide. It operates through Subsea Technologies, Surface Technologies, and Energy Infrastructure segments. The Subsea Technologies segment offers subsea systems for the offshore production of crude oil and natural gas; and installation, asset administration, product optimization, and well access and intervention services, in addition to inspection, maintenance, and repair services. This segment also provides electric and hydraulic work-class remotely operating vehicle, tether-administration, launch and recovery, remote manipulator arms, and modular control systems for subsea applications, in addition to support services, such as product training, pilot simulator training, spare parts, and technical assistance; and offers multiphase and wetgas meters to measure production rates of oil, water, and gas for topside and subsea applications. The Surface Technologies segment offers wellhead systems for standard and custom-engineered applications; fluid control products for the well completion and stimulation activities; and flowback, cased hole electric wireline and slickline, specialty logging, and well optimization services. The Energy Infrastructure segment provides measurement products, such as flow computers and control systems, and gas and liquid measurement systems, in addition to floating production, storage, and off-loading metering systems; and design, engineering, project administration, training, commissioning, and aftermarket services.
PPG Industries, Inc. (NYSE:PPG), jumped 0.13% and closed at $93.85 in the last trading session. The last trading range of the stock ranges between $93.22 and $94.99. The company’s Market capitalization is $22.92 Billion with the total Outstanding Shares of 266.28 million. During the 52-week trading session the minimum price at which share price traded, registered at $88.37 and reached to max level of $117.00. PPG (PPG) recently declared that the third quarter 2016 stated loss per share from continuing operations is expected to be in the range of 74 cents to 77 cents contrast to stated earnings per share from continuing operations of $1.52 in the third quarter 2015. Stated earnings include formerly revealed pension settlement charges that totaled $2.31 per share in third quarter 2016 and 2 cents per diluted share in the previous year. Adjusted earnings from continuing operations for the third quarter 2016 are expected to be in the range of $1.54 to $1.57 per share, contrast to $1.54 per diluted share in the prior year’s quarter. Net sales for the third quarter 2016 are expected to be about $3.8 billion. Figures for both periods exclude results for the recently divested flat glass business, which are now stated as suspended operations.
“Our third quarter adjusted earnings per share includes benefits from an improvement in our global volume growth rate, supported by raised spending on growth-related programs. Year-over-year, our volumes grew more than 1.5 percent, despite slower-than-expected growth in Europe,” said Michael H. McGarry, PPG chairman and chief executive officer. “However, we are disdesignated with this quarter’s EPS growth rate as we continue to operate in a sluggish economic environment with no clear near-term catalyst for improving global GDP growth,” McGarry said.
On the otherhand VimpelCom Ltd (ADR)(NASDAQ:VIP), jumped 0.30% and closed at $3.39 in the last trading session. The last trading range of the stock ranges between $3.38 and $3.47. The company’s Market capitalization is $5.85 Billion with the total Outstanding Shares of 1.76 billion. During the 52-week trading session the minimum price at which share price traded, registered at $2.71 and reached to max level of $4.51. VimpelCom Ltd. provides mobile telecommunications services in Russia, Algeria, Pakistan, Bangladesh, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Italy, Armenia, Georgia, Kyrgyzstan, and Laos. It offers voice, data, and other telecommunication services through a range of traditional and broadband mobile and fixed line technologies. The company offers mobile telecommunications services under contract and prepaid plans for both corporate and consumer segments; value added services, counting messaging services, content/infotainment services, data access services, location based services, media, and content delivery channels; national and international roaming services; wireless Internet access; mobile financial services; and mobile bundles. It also provides fixed-line telecommunication services, such as voice, data, and Internet services to corporations, operators, and consumers. In addition, the company sells equipment and accessories; provides specialized customer care services; and offers other data services, such as machine-to-machine, mobile virtual private network, geo-positioning services, fixed mobile convergence, and mobile cloud solutions. As of December 31, 2015, VimpelCom Ltd. owned 1,455 retail mono-brand stores.