Want to join the conversation?
$L also said that Boardwalk Pipeline had a stable 1Q16, helped by higher rates taking effect as a result of Gulf South rate case and booked growth projects placed over the previous year. Loews Hotels & Resorts also had good results with its properties in Florida remaining strong earners due to some of the new hotels being added in previous years.
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.