Stocks Update: Seadrill Ltd (NYSE:SDRL), Pinnacle Foods Inc (PF), Smith Micro Software, Inc. (NASDAQ:SMSI), JetBlue Airways Corporation (JBLU)

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By Chris Hillman on July 7, 2014 Us News

On June 3, 2014, Seadrill Ltd (NYSE:SDRL) bought 200,000 of its own shares. These common shares were bought at a price of NOK232.3/share. Moreover, under its Employee Share Ownership Plan, the company gave several of its option holders the option to buy these stocks. Respective option holders bought around 457,102 shares at prices ranging from 8.99 to 202.10 NOK per share.

During the last trading period, Seadrill Ltd (NYSE:SDRL) opened its shares at the price of $39.98 whereas it closed them at an increased price of $40.22. As far as company’s total exchanged shares’ volume and average traded volume are concerned, they remained at 2.29 million and 4.31 million shares respectively. The price earnings ratio of the company was reported to be at 3.72 whereas the total market capitalization was $18.87 billion.

On May 12, 2014, Pinnacale Foods Inc (NYSE:PF) entered into a merger agreement with The Hillshire Brands Company. However, according to a report released by TechSonian, a leading business press, on July 4, 2014, Pinnacle Foods Inc (NYSE:PF) has terminated that agreement. On the last trading day, Pinnacle Foods Inc (NYSE:PF) opened its shares at the price of $31.61 and closed them at a reduced price of $31.16. The total volume of company’s traded shares, on the last day, was 2.29 million whereas its average trading volume was 1.97 million shares, with an institutional ownership of 94 percent. As far as company’s market capitalization and price earnings ratio are concerned, they were reported to be at $3.65 billion and 34.63.

Coming to Smith Micro Software, Inc. (NASDAQ:SMSI), rumors have it that Amazon.com will be using the company’s technology in its upcoming smartphone. When company’s directors were asked about these rumor, they admitted that they were aware of these market stories; however, in lieu of company’s policy, they refused to comment on the rumors.

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During the last trading session, the volume of Smith Micro Software, Inc. (NASDAQ:SMSI)’s total exchanged shares reached the values of 2.29 million, with the average trading volume remaining at 274,051 shares. The stocks were opened at the price of $1.05 whereas the company was able to close them at an increased price of $1.30, with a market capitalization of $50.14 million.

Last but not least, sources have it that JetBlue Airways Corporation (NASDAQ:JBLU) entered into an agreement with Surfrider Foundation whereby, JetBlue will provide the non-profit organization that is dedicated to the enjoyment and protection of beaches and oceans all over the world with air travel in the areas of U.S., Latin America and Caribbean.

On the last trading day, the company’s lowest price remained at $10.80 whereas the highest one was $10.94. The company traded an average volume of 8.82 million shares with 296.79 million shares as outstanding ones. Moreover, company’s price earnings ratio is 22.71. As far as company’s 52-week high and low is concerned, the figures were reported to be at $11.12 and $6.04. Total market capitalization of the company is $3.23 billion.