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$XOM 2Q15 Q&A: Cheng of Barclays asked about asset sales gain in 2Q15 by segment and breakdown between US and International. Jeff answered earnings impact from asset sales was about $490MM; majority in Chemical business. On Kearl, in 2Q total production is about 130,000 barrels per day. Phase 1 was around 100,000 barrels and Phase 2 around 30,000.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.