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$SLB, the the world's largest oilfield services company, reported a quarterly loss and announced job cuts as a slump in oil prices hurt demand. The company reported 2Q16 loss of $2.16Bil, or $1.56 a share, compared with a profit of $1.12Bil, or $0.88 per share, a year earlier. Revenue fell 20% to $7.16Bil.
$DAL has good news for New York - Rio de Janiero fliers. Delta plans to start new daily non-stop service between JFK and GIG in Dec. 2017.
Wow!! $MU’s shares rising rapidly. I guess that’s because they beat their second quarter earnings estimates.
It’s not much surprising $FTR shares hit an all-time low as the decline was consistent since the beginning of the year.