Schlumberger Gains On Announcing Partnership With Gradiant
(RTTNews) - Shares of Schlumberger Ltd. (SLB) are adding more than 3 percent on Wednesday morning trade after the company revealed a partnership with Gradient for sustainable production of battery-grade Lithium compounds. The collaboration will help maximize mineral recovery and reduce the environmental footprint. The Boston-based Gradiant is a provider and developer of cleantech water projects.
Currently, SLB shares are at $40.45, up 3.40 percent from the previous close of $39.12 on a volume of 9,014,927.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.