Shares of Halliburton Company (NYSE:HAL) [Trend Analysis] runs in leading trade, it surging 0.27% to traded at $56.63. The firm has price volatility of 2.64% for a week and 1.86% for a month. Its beta stands at 1.03 times. Halliburton (HAL) reported that it has selected SandBox Logistics, a U.S. Silica company (SLCA) as its preferred provider for containerized sand delivery, pursuant to a long-term contract.Sandbox’s delivery solution offers importantly improved operating efficiencies, a safer work environment and cost savings relative to current proppant delivery systems.
“Logistics is an important part of the supply chain and one of the parts that gets the tightest in recently’s environment is the last-mile component,” said Jeff Miller, president of Halliburton. “Sandbox’s containerized system helps enhance our ability to provide our consumers with better service quality by providing a safer, more efficient delivery system.” Narrow down four to firm performance, its weekly performance was 3.07% and monthly performance was 4.01%. The stock price of HAL is moving up from its 20 days moving average with 1.33% and isolated positively from 50 days moving average with 5.09%.
Several matter pinch shares of Wells Fargo & Company (NYSE:WFC) [Trend Analysis], as shares moving up 0.34% to $56.27 with a share volume of 1.05 Million. Wells Fargo &Co’s (WFC) asset-based lending head Guy Fuchs has decided to resign and will leave the bank March 31, according to bank spokeswoman Trisha Schultz.Fuchs resigned because he preferred working with colleagues and consumers on transactions as opposed to having a role that required a large amount of administrative responsibilities, Schultz said on Monday.
Fuchs’s resignation came as Wells Fargo reorganized a unit he oversaw, giving him fewer supervisory responsibilities. However, Ed Blakey, his boss, said in an interview that the reorganization had nothing to do with Fuchs’ decision to leave. He did not provide further details. The stock is going forward its 52-week low with 30.22% and moving down from its 52-week high price with -3.06%. The float short ratio was 0.55%, as compared to sentiment indicator; Short Ratio was 1.06.