-- Refex Industries (NSE:REFEX, BOM:532884) secured an order worth 324.5 million Indian rupees from an undisclosed public sector company, according to a filing to the Indian stock exchanges on Thursday.
The contract is for the transportation of pond ash to road construction sites of India's National Highway Authority.
The project will be completed in one year and is extendable up to six months.
The company's shares were up nearly 2% in recent trade.
ON Semiconductor (ON) shares were up nearly 11% in afternoon trading on Thursday after B. Riley upgraded the company's stock to buy from neutral and raised the price target to $115 from $64.Trading volume stood at more than 14.9 million shares against a daily average of about 8.8 million.Price: $98.57, Change: $+9.58, Percent Change: +10.76%
(Updates with the latest stock move in the headline and in the first paragraph.)PENN Entertainment (PENN) shares were up over 15% in Thursday trading after the company reported better-than-expected Q1 performance.Earlier, the firm posted an adjusted earnings of $0.11 per diluted share, swinging from an adjusted loss of $0.25 a year ago.Analysts polled by FactSet expected a loss of $0.04.Revenue for the quarter ended March 31 was $1.78 billion, up from $1.67 billion a year earlier.Analysts surveyed by FactSet expected $1.75 billion.Price: $17.12, Change: $+2.35, Percent Change: +15.88%
Chevron (CVX) resumed full production at its Wheatstone liquefied natural gas facility in Western Australia after repairs from damage caused by a cyclone last month, Reuters reported Wednesday evening, citing the oil major.In March, extreme winds brought by the tropical cyclone Narelle damaged several hundred air-cooled heat exchangers, Danny Woodall, Chevron's director of operations and maintenance for Australia, was quoted as saying by Reuters.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $187.80, Change: $+1.48, Percent Change: +0.79%