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In Dec., $NOV reached a confidential settlement with one of its shipyard customers in Brazil to cancel 7 floating rigs being constructed which reduced backlog by nearly $1.2Bil and led to an year-end backlog of $6.1Bil for the Rig Solutions segment. At year-end, this backlog includes $1.75Bil for the remaining 15 rigs across 3 shipyards in Brazil.
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.