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$EOG's total anticipated 2016 CapEx is estimated to range from approx. $2.4-2.6Bil, excluding acquisitions. The majority of 2016 expenditures will be focused on US crude oil drilling activities. During 2015, the company repaid at maturity $500MM aggregate principal amount of long-term debt and paid $367MM in dividends to common stockholders.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.