Current Trade Stocks Alert: Weatherford International Plc (WFT),Hewlett Packard Enterprise Co (HPE) – News Oracle

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Weatherford International Plc (NYSE:WFT):

The Company moved 10.74% up right now and is at $7.32. Stock is trading in the real-time trading session with the total volume of 9.91 million shares, as compared to its average volume of 24.85 million shares. The 52-week range of the share price is from $4.95 – $14.90. The beta value for this stock stands at 2.35 points, while its earnings per share (EPS) was $-2.55. The company has total market capitalization of $5.81 billion and a total of 879.54 million outstanding shares.

Weatherford International Plc(WFT) on March 7, 2016announced the completion of its previously announced underwritten public offering of 115,000,000 ordinary shares at $5.65 per ordinary share (the “Offering”). The 115,000,000 ordinary shares included 15,000,000 ordinary shares sold to the underwriters pursuant to the exercise of the underwriters’ 30-day option to purchase additional ordinary shares from the Company.

Net proceeds received by the Company from the Offering were around $630,257,500 million after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company intends to use the net proceeds from the Offering for general corporate purposes, including the repayment of existing indebtedness.

Weatherford International Plc (WFT),together with its subsidiaries, operates as a multinational oilfield service company worldwide. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells.

Hewlett Packard Enterprise Co (NYSE:HPE):

The Company jumped 2.83% and is at $16.35 in the Real-Time trading session. Trading volume recorded for this company is about 5.44 million shares as compared to its average volume of 11.65 million shares. The share price rushed almost 31.61% in the last one month. The stock is ranging from $16.00 to $16.44. The company has the total of 1.73 billion outstanding shares right now, while its market capitalization is about $29.16 billion. The stock has a P/E ratio of 13.07.

Hewlett Packard Enterprise Co(HPE) onMar 10, 2016released the immediate commercial availability of HPE Haven OnDemand, an innovative cloud platform that provides advanced machine learning APIs and services that enable developers, startups and enterprises to build data-rich mobile and enterprise applications.

Delivered as a service on Microsoft® Azure, HPE Haven OnDemand provides more than 60 APIs and services that deliver deep learning analytics on a wide range of data, including text, audio, image, social, web and video.

Hewlett Packard Enterprise Co (HPE) provides technology solutions to business and public sector enterprises. It operates through Enterprise Group, Software, Enterprise Services, and Financial Services segments.

Current Trade Stocks Alert: Weatherford International Plc (WFT),Hewlett Packard Enterprise Co (HPE) – News Oracle