Vallourec reduces its workforce in North America
VALLOUREC SA SP/ADR (VLOWY)
NASDAQ:AMEX Investor Relations:
vallourec.com/en/group/finance/investor_relations/pages/default.aspx
Company Research
Source: GlobeNewswire
Vallourec reduces its workforce in North America Boulogne-Billancourt (France), April 6th 2020 – Vallourec announces today the reduction of its workforce in North America in response to the unforeseen, sudden and significant drop of activity confirmed by its Oil and Gas customers. This reduction will affect over 900 positions (over one third of our total workforce and contractor positions in North America) across all plants as well as support functions. Implementation will occur over the coming weeks following all internal and external procedures. In all countries, as commented previously, Vallourec is taking the appropriate measures to adjust working hours to activity levels, reduce fixed costs and investments as well as implementing strict safety measures to protect all employees from COVID-19. Edouard Guinotte, Chairman of the Management Board, declared “The world and the Oil and Gas Industry are living through extraordinary times, particularly in the US
Show less
Read more
Impact Snapshot
Event Time:
VLOWY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VLOWY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VLOWY alerts
High impacting VALLOUREC SA SP/ADR news events
Weekly update
A roundup of the hottest topics
VLOWY
News
- Vallourec (ENXTPA:VK) Reports Q3 Earnings Decline, Explores AI for Growth Amid Undervaluation [Yahoo! Finance]Yahoo! Finance
- Vallourec SA (VLOUF) Q3 2024 Earnings Call Highlights: Strategic Moves and Financial Resilience ... [Yahoo! Finance]Yahoo! Finance
- Vallourec S.A. 2024 Q3 - Results - Earnings Call Presentation [Seeking Alpha]Seeking Alpha
- Vallourec Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Vallourec Third Quarter 2024 ResultsGlobeNewswire