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$CVX, the second-biggest U.S. oil company, reported earnings of $2.04Bil or $1.09 a share for 3Q15, which is down from $5.6Bil or $2.95 a share, a year earlier. Foreign currency effects increased earnings in the quarter by $394MM. Revenue dropped 37% YoverY to $32.77Bil, reflecting declines in market prices for crude oil and natural gas.
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.