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In 2H16, $DO anticipates its effective tax rate to run in the 27-29% range. Reflecting decreased rig activity, the company expects to incur maintenance capital cost of approx. $140MM for 2016, which is down compared to its prior year spend of $215MM. For 2016, the company expects new build CapEx of approx. $510MM, and total CapEx of approx. $650MM.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.