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$APA raised its 2016 North American Onshore production guidance to 268,000-278,000 Boe per day from initial guidance of 263,000-273,000 Boe per day set at the beginning of the year. $APA lifted 2016 total pro forma production guidance by 5,000 Boe per day to 438,000-458,000 Boe per day.
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.