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$ESV's revenue from Floaters declined 8.1% to $646MM in 3Q15 from $704MM a year ago. The downside was primarily due to lower utilization of several floaters, which led to a fall in average day rate. Reported utilization was 59%, down from 82% in the year-earlier period.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.