Helix Energy Solutions Group Inc
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Energy : Energy Equipment & Services | Small Cap Value
Company profile

Helix Energy Solutions Group, Inc. is an international offshore energy services company. The Company provides services to the offshore energy industry, with a focus on well intervention and robotics operations. The Company operates in three segments: Well Intervention, Robotics and Production Facilities. Its Well Intervention segment includes the Company's vessels and equipment used to perform well intervention services primarily in the Gulf of Mexico and North Sea regions. Its Robotics segment includes remotely operated vehicles (ROVs), trenchers and ROVDrills designed to complement offshore construction and well intervention services, and operates chartered ROV support vessels. Its Production Facilities segment includes the Helix Producer I (the HP I), a floating production vessel, the Helix Fast Response System (the HFRS), and its ownership interest in Independence Hub, LLC (Independence Hub).


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Facebook stock falls after report of potential for FTC antitrust lawsuit this year

7:54 pm ET September 15, 2020 (MarketWatch)

Facebook Inc. (FB) shares fell 3% in after-hours trading Tuesday after a report that the Federal Trade Commission is preparing to file an antitrust lawsuit against the social-media giant. The Wall Street Journal reported Tuesday afternoon (http://www.marketwatch.com/story/ftc-antitrust-suit-against-facebook-could-come-by-years-end-2020-09-15) that the FTC is considering filing the suit by the end of the year, based on unnamed sources. The Journal reported that Facebook Chief Executive Mark Zuckerberg has testified to FTC staff in the investigation, which the Journal noted could still end without charges as the five-member commission has to vote on filing the lawsuit. Facebook has admitted in filings (http://www.marketwatch.com/story/alphabet-amazon-and-facebook-are-handling-disclosure-of-us-antitrust-investigation-differently-in-earnings-reports-2019-07-26) with the Securities and Exchange Commission that it is under investigation by the FTC and the Justice Department for potential antitrust charges. Facebook stock closed Tuesday with a 2.4% gain at $272.42, then ducked lower than $265 in after-hours trades following the release of the report.

-Jeremy C. Owens; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 15, 2020 19:54 ET (23:54 GMT)

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