|Day Low/High||1.19 / 1.45|
|52 Wk Low/High||0.04 / 14.50|
Stocks hover near session highs by late morning Monday ahead of a midday speech from Federal Reserve Chair Janet Yellen.
Stock futures are slightly higher on Monday as investors await a speech from Federal Reserve Chair Janet Yellen, which could give clues as to the next rate hike.
Company Expects to Continue Operations, Uphold Commitments to Stakeholders Throughout Process; Unsecured Creditors to be Paid in Full Under Chapter 11 Plan
When considering oil and gas stocks, companies with low leverage is a good place to start, according to industry sources, but some low-debt players are better than others.
Hercules Offshore (HERO) stock is plummeting in late-morning trading as the company again files for Chapter 11.
Orderly Sale Process Seeks to Maximize Value of the Company's Assets and Provide Smooth Transition for Employees, Customers and Suppliers
Senior energy consultant Dan Dicker admits it -- he was wrong about Noble Corp.
- Solicitation Process Yields Over 99% Approval of Plan from Senior Noteholders
-Holders of Approximately 67% in Principal Have Already Agreed to the Terms of the Plan
- $1.2 Billion of Senior Notes to be Converted into New Common Equity;
Hercules Offshore cuts costs and spending as oil demand hits its lowest level in years.