New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 14, 2013
17:58 EDTAIZ, ANF, OXYRelational Investors liquidates stakes in Occidental, A&F, Assurant over quarter
News For OXY;ANF;AIZ From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 9, 2016
16:26 EDTAIZAssurant sees 2016 Solutions' operating income to increase from 2015
Subscribe for More Information
16:25 EDTAIZAssurant reports Q4 EPS 97c, consensus $1.51
Reports Q4 revenue $2.55B, consensus $2.00B. The company said, "While fourth quarter results were disappointing and fell short of our expectations, we believe our transformation strategy will improve results and drive shareholder value. We are focusing resources and investments in targeted markets and increasing operating efficiency across the company as we continue to return capital to shareholders." The company said the EPS decrease primarily reflects lower contributions from the mobile business at Assurant Solutions and ongoing normalization of lender-placed insurance business at Assurant Specialty Property.
February 4, 2016
10:50 EDTOXYOccidental Petroleum: No plan to raise shale portion of output above 20%
Says ready to borrow to cover dividends.
10:32 EDTOXYOccidental expects to receive remainder of $900M settlement from Ecuador in FY16
Subscribe for More Information
10:16 EDTOXYOccidental sees gradual recovery in energy prices in FY16
Sees gradual recovery in energy prices in FY16. Says has been able to realign business to focus on core areas amid energy price plunge. Says majority of spending to be allocated to domestic Oil and Gas business. Says decline in core assets attributable almost entirely to energy prices. Comments taken from Q4 earnings conference call.
10:06 EDTOXYOccidental sees FY16 total production from core assets 570,000-585,000 BOED
Subscribe for More Information
10:03 EDTOXYOccidental Petroleum sees Q1 total production 620,000-630,000 BOED
Subscribe for More Information
10:02 EDTOXYOccidental sees FY16 capital budget down 50% year over year
Sees 50% decline in FY16 capital budget year over year. Says 2016 plan approximates expected cash from operations at around current prices. Says will carefully reduce activity levels without harming the strong progress on growth prospects. Says capital spending will continue to decline and cash flows and earnings are expected to grow as projects start-up. Says plan will bring increased flexibility on capital budget in 2016 and 2017. Sees FY16 oil and gas capital budget down 55%. Sees FY16 chemicals and midstream capital budget down 17%. Says overall spending levels in the Permian will decline. Says spending levels in MENA will decline by about 56% mostly from the Al Hosn gas project and the exit from several countries. Says OxyChem is expected to be free cash flow positive through construction of the Ingleside Ethylene joint venture. Says U.S. Midstream in FY16 will decline by about $100M from 2015 levels. Comments taken from slides to be presented on Q4 earnings conference call. Occidental shares gained 2.52% to $69.85.
07:11 EDTOXYOccidental sees 2016 production growth of 2%-4% from ongoing operations
2016 capital program is expected to be no more than $3B with production growth of 2%-4% from ongoing operations, Occidental Petroleum said.
07:10 EDTOXYOccidental Petroleum reports Q4 core EPS (17c), consensus (12c)
Subscribe for More Information
February 3, 2016
14:48 EDTOXYNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Philip Morris (PM), consensus 81c... AstraZeneca (AZN), consensus 88c... Occidental Petroleum (OXY), consensus (12c)... ConocoPhillips (COP), consensus (65c)... Cigna (CI), consensus $1.80... Intercontinental Exchange (ICE), consensus $3.01... Boston Scientific (BSX), consensus 25c... Charter Communications (CHTR), consensus (12c)... Ralph Lauren (RL), consensus $2.13... Dunkin' Brands (DNKN), consensus 50c... GrubHub (GRUB), consensus 14c... Level 3 (LVLT), consensus 53c... AmerisourceBergen (ABC), consensus $1.25... Cummins (CMI), consensus $2.11.
January 28, 2016
14:05 EDTOXYJPMorgan reports 5.0% passive stake in Occidental Petroleum
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use