Hot News: Encana Corporation (NYSE:ECA), Noble Corp plc (NYSE:NE), 8×8 Inc. (NASDAQ:EGHT), Simon Property Group Inc. (NYSE:SPG), Rock Creek Pharmaceuticals, Inc. (NASDAQ:RCPI)

Encana Corporation (NYSE:ECA) said that, it will slash $75 million in capital spending in its Montney gas play and cut 20 per cent of its total workforce as it struggles to cope with low oil and gas prices.

Encana Corporation (NYSE:ECA) belongs to Basic Materials sector. Its net profit margin is -77.10% and weekly performance is 38.48%. On last trading day company shares ended up at $5.47. Encana Corporation (NYSE:ECA) distance from 50-day simple moving average (SMA50) is 29.90%.

On 2 March, Noble Corp plc (NYSE:NE) announced, on behalf of its indirect, wholly-owned subsidiary, Noble Holding International Limited (“NHIL”), that NHIL has commenced cash tender offers (the “Tender Offers”) for up to an aggregate principal amount that will not result in an Aggregate Purchase Price (as defined below) that exceeds $200,000,000(subject to increase by NHIL, the “Aggregate Maximum Tender Amount”) of NHIL’s 4.90% Senior Notes due 2020 (the “2020 Notes”), of which $500,000,000 principal amount is currently outstanding, and NHIL’s 4.625% Senior Notes due 2021 (together with the 2020 Notes, the “Notes”), of which $400,000,000 principal amount is currently outstanding.

Noble Corp plc (NYSE:NE) shares advanced 22.63% in last trading session and ended the day at $13.17. NE Gross Margin is 61.10% and its return on assets is 7.80%. Noble Corp plc (NYSE:NE) quarterly performance is 4.24%.

On 2 March, 8×8 Inc. (NASDAQ:EGHT) announced that it’s gaining significant momentum with mid-market and enterprise customers and increasing its international footprint, with leading brands including MOBI, OFX and Roberts Home Medical selecting 8×8 as their cloud communications solution of choice.

On 04 March, 8×8 Inc. (NASDAQ:EGHT) shares fell -1.31% and was closed at $11.28. EGHT EPS growth in last 5 year was -19.70%. 8×8 Inc. (NASDAQ:EGHT) year to date (YTD) performance is -1.48%.

On 23 February, Simon Property Group Inc. (NYSE:SPG) announced that it is conducting a pilot program in conjunction with Acuity Brands that will employ outdoor LED lighting systems to monitor parking lot vehicle counts and occupancy data to facilitate the efficient management of traffic and parking. The pilot will be conducted at Lenox Square in Atlanta, GA and Florida Mall in Orlando, FL.

Simon Property Group Inc. (NYSE:SPG) ended the last trading day at $198.52. Company weekly volatility is calculated as 1.80% and price to cash ratio as 72.93. Simon Property Group Inc. (NYSE:SPG) showed a weekly performance of 4.26%.

On 1 March, Rock Creek Pharmaceuticals, Inc. (NASDAQ:RCPI) announced that the Company has retained one of the world’s leading experts in clinical dermatology and research, as a scientific advisor, who will advise, enhance and assist with the Company’s inflammatory skin disease drug development program.

Rock Creek Pharmaceuticals, Inc. (NASDAQ:RCPI) shares fell -2.97% in last trading session and ended the day at $0.49. Rock Creek Pharmaceuticals, Inc. (NASDAQ:RCPI) quarterly performance is -47.87%.

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