Want to join the conversation?
$NFX 2Q15 Call: Well reserves in STACK are improving. To date, NFX has drilled and completed 46 operated SXL wells in STACK. Acceleration in stack allows to minimize lease renewal cost to higher value drilling investments. STACK wells are oil wells. Wells are averaging about 80% black oil in first 30 days of production.
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.