As per media releases, the government of Croatia has awarded seven licenses to a consortium of Marathon Oil Corporation (NYSE:MRO) and OMV Aktiengesellschaft to carry out exploration activities for hydrocarbons in the Adriatic Sea. Houston-based Marathon Oil is an upstream energy player while OMV is an integrated oil and gas firm in Vienna. Marathon Oil Corporation (NYSE:MRO) in last trading activity increased 1.23% to close at $27.19. Company weekly performance is -4.33% while its quarterly performance stands at -23.65%. Marathon Oil Corporation (NYSE:MRO) is -34.71% away from its 52 week high.
Qorvo Inc. (NASDAQ:QRVO) said in a regulatory filing Tuesday that its chief executive and president, Robert Bruggeworth, has been approved for a 4.5 percent raise in salary to $735,000 for fiscal 2015. On last trading day Qorvo, Inc. (NASDAQ:QRVO) increased 3.06% to close at $66.65.
Monsanto Company (NYSE:MON) announced an agreement to extend the relationship with FMC Agricultural Solutions which will benefit corn, cotton and soybean growers through Roundup Ready PLUS® Crop Management Solutions. This agreement broadens the Roundup Ready PLUS Crop Management Solutions relationship to include Hero® insecticide. Monsanto Company (NYSE:MON) has 0.30% insider ownership while its institutional ownership stands at 91.80%. In last trading activity company’s stock closed at $117.21.
Levi & Korsinsky announced on 2 January that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of investors who purchased Pingtan Marine Enterprise Ltd. (NASDAQ:PME) securities between May 14, 2013 and November 6, 2014.On Wednesday shares of Pingtan Marine Enterprise Ltd. (NASDAQ:PME) closed at $2.43.
Equities research analysts at Argus lowered their price objective on shares of Tidewater (NYSE:TDW) from $53.00 to $44.00 in a research note issued to investors on Friday. The firm currently has a “buy” rating on the stock. Argus’ price objective suggests a potential upside of 36.10% from the stock’s previous close. On last trading day Tidewater Inc. (NYSE:TDW) decreased -0.57% to close at $29.82. Its volatility for the week is 4.21% while volatility for the month is 4.87%. TDW’s sales growth for past 5 years was 0.60% and its EPS growth for past 5 years was -18.60%. Tidewater Inc. (NYSE:TDW) monthly performance is -4.27%.