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HAMILTON, Bermuda--(BUSINESS WIRE)--Dec 26, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. “With the sale of the West Prospero , we have monetized a non-core asset that has been stacked since 2016 and successfully executed on our strategy to exit the benign jack-up market,” said President and Chief Executive Officer, Simon Johnson. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit www.seadrill.com . Forward-Looking Statements This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this news release, including, without limitation, those regarding the Company’s plans, strategies, business prospects and rig activity, including with respect to backlog and contract commencement dates and durations, impact on earnings and free cash flow and changes and trends in its business and the markets in which it operates, are forward-looking statements. These statements may include words such as “assumes”, “projects”, “forecasts”, “estimates”, “expects”, “anticipates”, “believes”, “plans”, “intends”, “may”, “might”, “will”, “would”, “can”, “could”, “should” or, in each case, their negative, or other variations or comparable terminology in connection with any discussion of the timing or nature of future operating or financial performance or other events. These statements are based on management’s current plans, expectations, assumptions and beliefs concerning future events impacting the Company and therefore involve a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: those described under Item 3D “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (“SEC”) on March 27, 2024, offshore drilling market conditions, including supply and demand, day rates, customer drilling programs and effects of new or reactivated rigs on the market, fluctuations in the international price of oil, international financial market conditions, inflation, changes in governmental regulations that affect the Company or the operations of the Company’s fleet, the review of competition authorities, the impact of global economic conditions and global health threats, pandemics and epidemics, political and other uncertainties, including those related to the conflicts in Ukraine and the Middle East, and any related sanctions, fluctuations in interest rates or exchange rates and currency devaluations relating to foreign or U.S. monetary policy, tax matters, changes in tax laws, treaties and regulations, legal and regulatory matters in the jurisdictions in which we operate, customs and environmental matters, the potential impacts on our business resulting from decarbonization and emissions legislation and regulations, the impact on our business from climate-change generally, the occurrence of cybersecurity incidents, attacks or other breaches to our information technology systems, including our rig operating systems, and other important factors described from time to time in the reports filed or furnished by us with the SEC. The foregoing risks and uncertainties are beyond our ability to control, and in many cases, we cannot predict the risks and uncertainties that could cause our actual results to differ materially from those indicated by the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by reference to these risks and uncertainties. You should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of the particular statement. We expressly disclaim any obligations or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in our expectations or beliefs with regard to the statement or any change in events, conditions or circumstances on which any forward-looking statement is based, except as required by law. Investors should note that we announce material financial information in SEC filings, press releases and public conference calls. Based on guidance from the SEC, we may use the Investors section of our website ( www.seadrill.com ) to communicate with investors. It is possible that the financial and other information posted there could be deemed to be material information. The information on our website is not part of, and is not incorporated into, this news release. View source version on businesswire.com : https://www.businesswire.com/news/home/20241227268598/en/ CONTACT: Kevin Smith Vice President – Corporate Finance and Investor Relations ir@seadrill.com KEYWORD: BERMUDA CARIBBEAN INDUSTRY KEYWORD: OIL/GAS ENERGY SOURCE: Seadrill Limited Copyright Business Wire 2024. PUB: 12/26/2024 04:05 PM/DISC: 12/26/2024 04:06 PM http://www.businesswire.com/news/home/20241227268598/en
In the ever-evolving world of technology and design, it is important to keep an open mind and embrace inspiration wherever it may be found. Who knows, maybe the next revolutionary product is already hiding in plain sight, just waiting to be discovered.Banco Bradesco S.A. ( NYSE:BBD – Get Free Report ) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 84,850,000 shares, a growth of 127.8% from the November 30th total of 37,250,000 shares. Based on an average daily volume of 33,540,000 shares, the short-interest ratio is presently 2.5 days. Wall Street Analysts Forecast Growth Separately, JPMorgan Chase & Co. cut Banco Bradesco from an “overweight” rating to a “neutral” rating in a research report on Monday, November 25th. Check Out Our Latest Stock Analysis on BBD Institutional Trading of Banco Bradesco Banco Bradesco Stock Performance Shares of BBD opened at $1.90 on Friday. Banco Bradesco has a 12-month low of $1.84 and a 12-month high of $3.56. The stock has a market capitalization of $20.22 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.32 and a beta of 0.94. The firm’s 50 day moving average is $2.25 and its 200-day moving average is $2.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.72 and a quick ratio of 0.72. Banco Bradesco ( NYSE:BBD – Get Free Report ) last posted its quarterly earnings results on Thursday, October 31st. The bank reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The company had revenue of $9.18 billion for the quarter, compared to analysts’ expectations of $5.62 billion. Banco Bradesco had a return on equity of 10.17% and a net margin of 7.43%. Equities research analysts anticipate that Banco Bradesco will post 0.33 EPS for the current fiscal year. Banco Bradesco Cuts Dividend The business also recently declared a — dividend, which will be paid on Monday, August 11th. Investors of record on Friday, January 3rd will be paid a $0.0362 dividend. The ex-dividend date is Friday, January 3rd. This represents a yield of 6.2%. Banco Bradesco’s dividend payout ratio is currently 11.54%. About Banco Bradesco ( Get Free Report ) Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segments, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; overdraft and agribusiness loans; debit and business cards; financial and security services; consortium products; car, personal accident, dental, travel, and life insurance; investment products; pension products; foreign currency exchange services; capitalization bonds; and internet banking services. See Also Receive News & Ratings for Banco Bradesco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Banco Bradesco and related companies with MarketBeat.com's FREE daily email newsletter .Stock market today: Wall Street drifts to a mixed close in thin trading following a holiday pause
As the market continues to show signs of stabilization and recovery, industry experts are optimistic about the prospects for the real estate sector in the coming months. With a renewed sense of optimism and confidence, stakeholders are positioning themselves for growth and expansion, eager to capitalize on the opportunities presented by the evolving market dynamics.Jimmy Carter, the self-effacing peanut farmer, humanitarian and former navy lieutenant who helped Canada avert a nuclear catastrophe before ascending to the highest political office in the United States, died Sunday at his home in Georgia. He was 100, making him the longest-lived U.S. president in American history. Concern for Carter's health had become a recurring theme in recent years. He was successfully treated for brain cancer in 2015, then suffered a number of falls, including one in 2019 that resulted in a broken hip. Alarm spiked in February 2023, however, when the Carter Center — the philanthropic organization he and his wife Rosalynn founded in 1982 — announced he would enter hospice care at his modest, three-bedroom house in Plains, Ga. Rosalynn Carter, a mental health advocate whose role as presidential spouse helped to define the modern first lady, predeceased her husband in November 2023 — a death at 96 that triggered a remembrance to rival his. "Rosalynn was my equal partner in everything I ever accomplished," the former president said in a statement after she died. "As long as Rosalynn was in the world, I always knew somebody loved and supported me." Conventional wisdom saw his single White House term as middling. But Carter's altruistic work ethic, faith-filled benevolence and famous disdain for the financial trappings of high office only endeared him to generations after he left politics in 1981. "The trite phrase has been, 'Jimmy Carter has been the best former president in the history of the United States,'" said Gordon Giffin, a former U.S. ambassador to Canada who sits on the Carter Center's board of trustees. "That grated on him, because it distinguished his service as president from his service — and I literally mean service — as a former president." His relentless advocacy for human rights, a term Carter popularized long before it became part of the political lexicon, included helping to build homes for the poor across the U.S. and in 14 other countries, including Canada, well into his 90s. He devoted the resources of the Carter Center to tackling Guinea worm, a parasite that afflicted an estimated 3.5 million people in the developing world in the early 1980s and is today all but eradicated, with just 13 cases reported in 2022. And he was a tireless champion of ending armed conflict and promoting democratic elections in the wake of the Cold War, with his centre monitoring 113 such votes in 39 different countries — and offering conflict-resolution expertise when democracy receded. Carter was awarded the Nobel Peace Prize in 2002, nearly a quarter-century after his seminal work on the Camp David Accords helped pave the way for a peace treaty between Israel and Egypt in 1979, the first of its kind. "His presidency got sidelined in the historic evaluation too quickly, and now people are revisiting it," Giffin said. "I think his standing in history as president will grow." A lifelong Democrat who never officially visited Canada as president, Carter was nonetheless a pioneer of sorts when it came to Canada-U.S. relations and a close friend to the two Canadian prime ministers he served alongside. One of them, former Progressive Conservative leader Joe Clark, once called Carter a "pretty good Canadian" — a testament to the former commander-in-chief's authenticity and centre-left politics, which always resonated north of the Canada-U.S. border. The pair were reunited in 2017 at a panel discussion in Atlanta hosted by the Canadian American Business Council, and seemed to delight in teasing the host when she described Clark as a "conservative" and Carter as a "progressive." "I'm a Progressive Conservative — that's very important," Clark corrected her. Piped up Carter: "I'm a conservative progressive." In 2012, the Carters visited Kingston, Ont., to receive an honorary degree from Queen's University. Instead of a fancy hotel, they stayed with Arthur Milnes, a former speech writer, journalist and political scholar who'd long since become a close friend. "He became my hero, believe it or not, probably when I was about 12," said Milnes, whose parents had come of age during the Cold War and lived in perpetual fear of the ever-present nuclear threat until Carter took over the White House in 1977. "My mother never discussed politics, with one exception — and that was when Jimmy Carter was in the White House. She'd say, 'Art, Jimmy Carter is a good and decent man,'" Milnes recalled. "They always said, both of them, that for the first time since the 1950s, they felt safe, knowing that it was this special man from rural Georgia, Jimmy Carter, who had his finger on the proverbial button." While Richard Nixon and Pierre Trudeau appeared to share a mutual antipathy during their shared time in office, Carter got along famously with the prime minister. Indeed, it was at the express request of the Trudeau family that Carter attended the former prime minister's funeral in 2000, Giffin said. "The message I got back was the family would appreciate it if Jimmy Carter could come," said Giffin, who was the U.S. envoy in Ottawa at the time. "So he did come. He was at the Trudeau funeral. And to me, that said a lot about not only the relationship he had with Trudeau, but the relationship he had in the Canada-U.S. dynamic." It was at that funeral in Montreal that Carter — "much to my frustration," Giffin allowed — spent more than two hours in a holding room with Cuban leader Fidel Castro, a meeting that resulted in Carter visiting Cuba in 2002, the first former president to do so. But it was long before Carter ever entered politics that he established a permanent bond with Canada — one forged in the radioactive aftermath of what might otherwise have become the country's worst nuclear calamity. In 1952, Carter was a 28-year-old U.S. navy lieutenant, a submariner with a budding expertise in nuclear power, when he and his crew were dispatched to help control a partial meltdown at the experimental Chalk River Laboratories northwest of Ottawa. In his 2016 book "A Full Life: Reflections at Ninety," Carter described working in teams of three, first practising on a mock-up of the reactor, then on the real thing, in short 90-second bursts to avoid absorbing more than the maximum allowable dose of radiation. "The limit on radiation absorption in the early 1950s was approximately 1,000 times higher than it is 60 years later," he wrote. "There were a lot of jokes about the effects of radioactivity, mostly about the prospect of being sterilized, and we had to monitor our urine until all our bodies returned to the normal range." That, Carter would later acknowledge in interviews, took him about six months. Carter and Clark were both in office during the so-called "Canadian Caper," a top-secret operation to spirit a group of U.S. diplomats out of Iran following the fall of the U.S. embassy in Tehran in 1979. The elaborate ploy, which involved passing the group off as a Canadian science-fiction film crew, was documented in the Oscar-winning 2012 Ben Affleck film "Argo." Carter didn't think much of the film. "The movie that was made, 'Argo,' was very distorted. They hardly mentioned the Canadian role in this very heroic, courageous event," he said during the CABC event. He described the true events of that escapade as "one of the greatest examples of a personal application of national friendship I have ever known." To the end, Carter was an innately humble and understated man, said Giffin — a rare commodity in any world leader, much less in one from the United States. "People underestimate who Jimmy Carter is because he leads with his humanity," he said. "I read an account the other day that said the Secret Service vehicles that are parked outside his house are worth more than the house. How many former presidents have done that?" This report by The Canadian Press was first published Dec, 29, 2024. James McCarten, The Canadian Press
NoneOnly time will tell what the outcome of the investigation into Prime Minister Yin Sui-yue and others will be, and how it will impact South Korea's political landscape in the days and weeks to come. One thing is certain: the nation stands at a critical juncture, where the decisions made in the wake of this internal turmoil will shape its future for years to come.
The clash between Inter Milan and Lazio is not just a battle for supremacy in Italy, but also a showdown between two of the top teams in Europe. Both clubs have ambitions of making a deep run in the Champions League and will be looking to make a statement with a strong performance in this pivotal encounter.Hollywood liberals taking stock of what to do in wake of Trump victory
UDST unveils Qatar's first Aeronautical Engineering programmeNvidia's GPUs are widely used in a variety of industries, from gaming to data centers, and the company has established a strong presence in the Chinese market. However, this success has also raised concerns about the company's market power and its ability to potentially abuse that power to stifle competition.
advansix CEO Erin Kane sells $161,450 in company stock
初步报告显示，昏厥的人可能受到热量、湿度和浴室中通风不良的影响。该设施的管理层已被要求改善通风系统，并严格监测环境条件，以预防今后类似事件的发生。Recently, a leak of a suspected skin from the upcoming game "Assassin's Creed: Eclipse" has caused a stir among fans and gamers alike. The leaked skin features a striking powder blue color scheme, earning praise for its unique and bold design. Fans have taken to social media platforms to express their excitement and anticipation for this new addition to the game.
Texans remember Jimmy Carter, the last Democrat to take the state’s presidential electionPolestar Automotive Holding UK PLC ( NASDAQ:PSNY – Get Free Report )’s stock price was up 4.2% on Friday . The company traded as high as $1.14 and last traded at $1.13. Approximately 3,648,542 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 7,206,929 shares. The stock had previously closed at $1.08. Analyst Upgrades and Downgrades Several equities research analysts have commented on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $3.00 price target on shares of Polestar Automotive Holding UK in a report on Monday, September 30th. Bank of America initiated coverage on Polestar Automotive Holding UK in a report on Thursday, December 5th. They set a “neutral” rating and a $1.25 target price on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $1.50 price target on shares of Polestar Automotive Holding UK in a report on Tuesday, September 10th. Finally, Piper Sandler dropped their price objective on shares of Polestar Automotive Holding UK from $2.00 to $1.50 and set a “neutral” rating on the stock in a research note on Wednesday, September 4th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $1.53. Read Our Latest Report on Polestar Automotive Holding UK Polestar Automotive Holding UK Stock Up 2.8 % Institutional Trading of Polestar Automotive Holding UK A number of institutional investors have recently bought and sold shares of PSNY. Public Employees Retirement Association of Colorado purchased a new stake in shares of Polestar Automotive Holding UK during the 2nd quarter worth approximately $26,000. MetLife Investment Management LLC boosted its stake in Polestar Automotive Holding UK by 134.4% in the third quarter. MetLife Investment Management LLC now owns 15,390 shares of the company’s stock valued at $26,000 after acquiring an additional 8,823 shares in the last quarter. Versor Investments LP purchased a new position in shares of Polestar Automotive Holding UK during the second quarter worth about $47,000. Captrust Financial Advisors lifted its holdings in shares of Polestar Automotive Holding UK by 125.4% in the 3rd quarter. Captrust Financial Advisors now owns 46,615 shares of the company’s stock valued at $80,000 after purchasing an additional 25,930 shares during the last quarter. Finally, XTX Topco Ltd grew its stake in Polestar Automotive Holding UK by 153.1% during the 2nd quarter. XTX Topco Ltd now owns 150,657 shares of the company’s stock worth $119,000 after buying an additional 91,139 shares during the last quarter. 1.02% of the stock is owned by hedge funds and other institutional investors. Polestar Automotive Holding UK Company Profile ( Get Free Report ) Polestar Automotive Holding UK PLC manufactures and sells premium electric vehicles. The company was founded in 2017 and is headquartered in Gothenburg, Sweden. Featured Stories Receive News & Ratings for Polestar Automotive Holding UK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Polestar Automotive Holding UK and related companies with MarketBeat.com's FREE daily email newsletter .
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