European Stocks to Watch: DryShips (DRYS) and STMicroelectronics NV (STM)

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DryShips Inc. (NASDAQ:DRYS)

Stock’s Trading Stats:

DryShips Inc. (NASDAQ:DRYS) declined -9.81% yesterday and closed at $1.93. The company’s market capitalization is at $50.01 Million with an average trading volume of 498,629.00. The total number of Outstanding Shares Held by the company are 26.88 Million.

Recent Press Release:

DryShips Inc. (DRYS) on Apr. 5 announced that it has closed the previously announced sale of all of its shares in Ocean Rig UDW Inc. (“Ocean Rig”) to an unrestricted subsidiary of Ocean Rig.

DryShips Inc. (DRYS) provides ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries.

STMicroelectronics NV (ADR) (NYSE:STM)

Stock’s Trading Stats:

STMicroelectronics NV (ADR) (NYSE:STM) closed at $5.24 yesterday by showing a decrease of -5.59%. The total number of outstanding shares held by the company are 878.54 Million with the total market capitalization of $4.82 billion. The number of shares traded on the last trading session are 2.76 Million.

Recent Press Release:

STMicroelectronics NV (ADR) (STM) has surpassed two billion unit sales of its robust and versatile STM8 microcontrollers, less than two years after reaching one billion unit sales, noting particularly strong success in China.

Aided by these accelerating STM8 sales, ST’s share of the general-purpose microcontroller market has grown to 12.7% in 2015 from 8.2% in 2013, according to World Semiconductor Trade Statistics (WSTS). “The STM8 has become one of the world’s most popular microcontrollers, and is a sturdy pillar of our strategy,” said Daniel Colonna, Microcontrollers Marketing Director, STMicroelectronics. “As with all of our MCUs, we are committed to supporting STM8 for the long term, and we’ll continue to strengthen our market position.”

The STM8 provides an economical and efficient electronic brain for smart devices in daily use throughout the world, such as white goods, consumer products, automotive control units (ECUs), and industrial controls. It combines class-leading computing power and competitive pricing with support for memory-efficient coding, low power consumption, high feature integration, versatile configurations, and an outstanding development ecosystem that facilitates design, debug, and prototyping. In addition, built-in memory cycling and error checking, as well as high reliability for automotive applications, have made STM8 a benchmark for robust embedded performance.