On Monday, Shares of Weatherford International Plc (NYSE:WFT), added 4.67% and closed at $6.16 in the last trading session. The last trading range of the stock ranges between $6.02 and $6.24. The company’s Market capitalization is $5.28 Billion with the total Outstanding Shares of 896.15 million. During the 52-week trading session the minimum price at which share price traded, registered at $4.71 and reached to max level of $11.49. Weatherford International plc (WFT) was named Oilfield Services Company of the Year at the 2016 Oil & Gas Middle East Awards. The awards recognize the outstanding achievements made within the upstream and downstream sectors of the oil and gas industry in the Middle East. From a field of four finalists for Oilfield Services Company of the Year, counting Schlumberger, Gulf Drilling International and Megarme, Weatherford was selected for its commitment to providing Middle Eastern operators with integrated, complete solutions.
“We are very happy to be recognized for our strong offerings in this region,” said Frederico Justus, Vice President, Middle East and North Africa, at Weatherford. “This award is a testament to our continual investments in quality people, facilities and services in the Middle East.”
Hilton Worldwide Holdings Inc (NYSE:HLT), jumped 1.78% and closed at $22.83 in the last trading session. The last trading range of the stock ranges between $22.53 and $22.95. The company’s Market capitalization is $22.50 Billion with the total Outstanding Shares of 989.78 million. During the 52-week trading session the minimum price at which share price traded, registered at $16.16 and reached to max level of $26.27. Hilton (HLT) recently declared its newest industry-leading family benefit, adoption assistance, offering hourly and salaried Team Members reimbursement for expenses incurred while adopting children. Hilton’s adoption assistance program will launch one year after its best-in-industry parental leave policy, and marks the leading, most comprehensive adoption assistance benefit offered in the hospitality industry.
“At Hilton, we strive to be the most hospitable company in the world, counting sharing the same hospitality with our Team Members that they provide our guests each and every day,” said Christopher J. Nassetta, president and CEO, Hilton. “Our company is committed to creating a truly great place to work that offers the benefits and rewards that matter most to our corporate and hotel Team Members at every level.”
Under the new program, Hilton will reimburse Team Members for qualified adoption expenses up to $10,000 per child, with no limit to the number of adoptions. Expenses covered include application fees, home studies, agency and placement fees, legal fees and court costs, immigration, immunization and translation fees, transportation, meals and lodging, and counseling. The benefit will take effect on January 1, 2017, and will cover all – hourly and salaried – U.S.-based Team Members who have continuously worked at Hilton for at least one year, averaging at least 30 hours per week.