Shell's Nigerian JV to shut down Nembe Creek pipeline, WSJ reports Shell's (RDS.A) Nigerian joint venture will temporarily shut down the 150,000 barrel a day Nembe Creek oil pipeline next month, reports the Wall Street Journal. The pipeline will be shut down to clear away illegal connections intended to steal crude. Reference Link
Barnes Group sees FY!5 adjusted EPS $2.42-$2.57, consensus $2.49 Sees FY15 revenue growth of 3%-6%, consensus $1.34B. Sees FY15 organic revenue growth of 6%-9%. Sees FY15 operating margins to be in the range of 16%-17%. Sees FY15 CapEx $55M-$60M. Sees FY15 cash conversion to approximate 100% of net income.