Want to join the conversation?
Oil & gas exploration and production company $OXY posted net loss during 2Q16, hurt by pre-tax loss of $58MM in Midstream & Marketing segment. Net loss was $139MM or $0.18 loss per diluted share vs. net income of $176MM or $0.23 per diluted share in 2Q15. Net sales fell 27% to $2.56Bil vs. 2Q15, hurt by lower revenues in its segments.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!