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$NBL 1Q15 10-Q: Capital program for 2015 are an investment of approx. $2.9Bil which is approximate 40% reduction from 2014. To allocate approx. $1.8Bil to onshore US development split between DJ Basin & Marcellus Shale drilling programs & infrastructure investment. Approx. $600MM to be invested in development of sanctioned Gulf of Mexico projects.
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.