Two European Stocks to Watch: Weatherford International Plc (WFT), Rio Tinto plc (ADR) (RIO)

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Weatherford International Plc (NYSE:WFT)

Stock’s Trading Stats:

Weatherford International Plc (NYSE:WFT) surged 3.53% yesterday and closed at $7.47. The company’s market capitalization is at $6.35 Billion with an average trading volume of 21.25 Million. The total number of Outstanding Shares Held by the company are 879.54 Million.

Recent Press Release:

Weatherford International plc (WFT) on March 24, 2016 declared that it has planned a conference call for Thursday, May 5, 2016 at 8:30 a.m. ET.  The purpose of the conference call is to talk about results for the Company’s first quarter ended March 31, 2016.  The call will be open to the public.

An improved webcast of the conference call and replay will be offered by NASDAQ OMX Corporate Solutions and will be accessible through Weatherford’s website at http://www.weatherford.com.  To access the conference call and replay, click on the Investor Relations link and then click on the Improved Audio Webcast link.  The webcast requires Microsoft® Windows Media Player.  If you experience problems listening to the broadcast, send an email to streetevents@streetevents.com.

Weatherford is one of the largest multinational oilfield service companies providing innovative solutions, technology and services to the oil and gas industry. The Company operates in over 100 countries and has a network of about 1,100 locations, counting manufacturing, service, research and development, and training facilities and employs about 36,000 people

Rio Tinto plc (ADR) (NYSE:RIO)

Stock’s Trading Stats:

Rio Tinto plc (ADR) (NYSE:RIO) closed at $29.94 yesterday by showing a increase of 3.60%. The total number of outstanding shares held by the company are 1.37 Billion with the total market capitalization of $103.11 billion. The number of shares traded on the last trading session are 4.12 Million.

Recent Press Release:

Rio Tinto plc (RIO) declared on April 8, 2016 it has been working to bring down trade barriers for boric acid produced by Rio Tinto Minerals in addition to California-grown almonds and other agricultural products.

From its mining and refining operations in Boron, California, Rio Tinto Minerals supplies about 30 percent of the world’s supply of refined borates, a critical ingredient in hundreds of products, counting glass, fiberglass, ceramics, fertilizers, wood preservatives and detergents.

About 75 percent of Rio Tinto Minerals’ products are exported to more than 1,000 customers in 100 countries from its Port of Los Angeles operations in Wilmington. The top-five export markets are in Asia.