Transocean Ltd. (NYSE:RIG) announced that the company has received a notice of early termination from Esso Exploration Angola (Block 15) Limited for the ultra-deepwater semisubmersible GSFDevelopment Driller I. The rig’s drilling contract is expected to end in May 2016 with the demobilization completed in June 2016. In accordance with the terms of this contract, the company will not receive a payment compensating it for the remaining contract term.
Transocean Ltd. (NYSE:RIG) belongs to Basic Materials sector. Its net profit margin is -7.20% and weekly performance is -1.39%. On last trading day company shares ended up at $8.54. Transocean Ltd. (NYSE:RIG) distance from 50-day simple moving average (SMA50) is -20.47%.
Equities research analysts at Cantor Fitzgerald assumed coverage on shares of Dimension Therapeutics, Inc. (NASDAQ:DMTX) in a research note issued on Wednesday, Marketbeat reports. The brokerage set a “buy” rating and a $10.00 price target on the stock. Cantor Fitzgerald’s target price would indicate a potential upside of 43.68% from the stock’s previous close.
Dimension Therapeutics, Inc. (NASDAQ:DMTX) shares decreased -2.61% in last trading session and ended the day at $7.47. DMTX return on assets is -55.60%. Dimension Therapeutics, Inc. (NASDAQ:DMTX) quarterly performance is -42.45%.
Knight Transportation Inc. (NYSE:KNX) said that, Robert Synowicki Jr. and Roberta “Sissie” Roberts Shank have joined Knight Transportation Inc.’s board of directors, according to the diversified truckload carrier.
On 23 February, Knight Transportation Inc. (NYSE:KNX) shares moved up 0.12% and was closed at $25.33. KNX EPS growth in last 5 year was 15.20%. Knight Transportation Inc. (NYSE:KNX) year to date (YTD) performance is 4.54%.
Littelfuse Inc. (NASDAQ:LFUS) announced cash dividend payment of $0.29 per share is scheduled to be paid on March 10, 2016. Shareholders who purchased LFUS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that LFUS has paid the same dividend.
Littelfuse Inc. (NASDAQ:LFUS) ended the last trading day at $113.91. Company weekly volatility is calculated as 1.77% and price to cash ratio as 7.67. Littelfuse Inc. (NASDAQ:LFUS) showed a weekly performance of 0.52%.
On 18 February, TigerLogic Corporation (NASDAQ:TIGR) announced it has reached a definitive agreement to sell its assets associated with its Postano business to Sprinklr, Inc., the world’s most complete enterprise social technology company. The sale has been approved by the Company’s Board of Directors and a majority of its stockholders. The sale is subject to customary closing conditions, including the distribution of an Information Statement on Schedule 14C to non-consenting shareholders. The transaction is expected to close in March 2016.
TigerLogic Corporation (NASDAQ:TIGR) shares moved up 3.13% in last trading session and ended the day at $0.25. TigerLogic Corporation (NASDAQ:TIGR) quarterly performance is 26.92%.