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Oilfield services company $SLB reported a drop in 1Q16 earnings due to decline in global activity and the rate of activity disruption reached unprecedented levels. Net income fell to $501MM or $0.40 per share from $975MM or $0.76 per share last year. Revenue dropped to $6.52Bil from $10.25Bil.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.