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Provider of components for oil & gas production $NOV said that 2Q16 revenues were $1.7Bil, down 21% from 1Q16 and down 56% from 2Q15. Revenues declined more than expected due mostly to offshore drilling contractors further delaying acceptance of newbuilds. The $26 crude oil prices of Feb. put expenditures down & drove US rig counts to record lows.
$SPY can the rally continue? La Pen almost assured to lose makes me cautious about the results, not a place to panic. If 2400 is reached I'm selling my puts and going for broke. Happy hunting.
Trivago N.V. (TRVG) announced today that it will release its financial results for the first quarter for the period ended March 31, 2017 on Monday, May 15, 2017. On the same day, trivago N.V.`s management will conduct a webcast beginning at 2:00 PM CET / 8:00 AM Eastern Time. These items will be available in the Investor Relations section of the company`s website at http://ir.trivago.com.
$VZ strikes again. After a depressing quarter, Verizon has jumped into action by launching its ultrafast competitor to Google Fiber - FiOS Gigabit Connection.