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$APC said that by reducing the dividend by 81%, it believes to save $450MM of cash per annum. The company does not expect to increase capital spending this year even if oil exceeds $50. $APC believes that savings from these efforts will provide more than $350MM annually.
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.