(PDE, RAX, NE) By DrStockpick.com
Thursday, September 9th, 2010Pride International, Inc. (NYSE: PDE) advanced by 0.89%, closed at $26.00 while total traded volume was 1.26 million shares and the 5 years net income growth rate remained $64.80. Pride International, Inc. (Pride) is an offshore drilling contractor. It provides contract drilling services to oil and natural gas exploration and production companies through the use of mobile offshore drilling rigs in the United States and international waters. Pride provides the rigs and drilling crews and is responsible for the payment of operating and maintenance expenses. In addition, it also provides rig management services on a range of rigs, consisting of technical drilling assistance, personnel, repair and maintenance services and drilling operation management services. The Company’s customers include oil and natural gas companies, state-owned national oil companies and independent oil and natural gas companies.
Rackspace Hosting, Inc. (NYSE: RAX) gained by 1.79%, closed at $20.43 while overall traded volume was 1.35 million shares and the 5 years net income growth rate remained $44.33. Rackspace Hosting, Inc. (Rackspace Hosting) operates in the hosting and cloud computing industry. The Company offers its products under the Fanatical Support brand. The Company’s services are sold to businesses in more than 120 countries. During the year ended December 31, 2009, the Company served more than 90,000 business customers and managed more than 56,000 servers, 1,600,000 e-mail accounts, and 259,000 cloud hosting domains.
Noble Corporation (NYSE: NE) reported the gain of 1.92%, closed at $34.45 with the traded volume of 4.30 million shares and the 5 years net income growth rate remained $62.63. Noble Corporation (Noble) is an offshore drilling contractor for the oil and gas industry. The Company performs contract drilling services with its fleet of 62 mobile offshore drilling units. This fleet consists of 13 semisubmersibles, four drillships, 43 jackups and two submersibles. The fleet count includes two units under construction: one ultra-deepwater, Globetrotter-class drillship, and one deepwater semisubmersible. As of January 28, 2010, approximately 87% of the Company’s fleet was deployed in the Middle East, India, Mexico, the North Sea, Brazil and West Africa.
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