United States stocks close lower as General Electric drags Dow
United States stocks close lower as General Electric drags Dow
Investors Buy Large Volume of Put Options on SPDR Dow Jones Industrial Average ETF (DIA)
22 July, 2017, 00:42
Shares of General Electronics fell from 3% in premarket trading after the organization results beat estimation but posted a almost 60% decline in gains. The stock is moving on low volume, traded at a volume of 25.08 million shares, as compared to its average daily volume of 41.59 million shares. Oil and gas revenue fell 3% to $3.11 billion but was above the FactSet consensus of $2.93 billion and power revenue increased 5% to $6.97 billion to beat expectations of $6.64 billion, but flat aviation revenue of $6.53 billion missed expectations of $6.70 billion.
Both sides agreed unanimously on the arrangement in October, with the oil and gas unit of GE taking a 62.5 percent stake in Baker Hughes for an entity with combined revenue of $32 billion. In the same period a year ago, GE reported EPS of $0.51 on revenues of $33.49 billion. Revenue fell 12% to $29.56 billion.
With oil prices having fallen from $53 to $48 per barrel over the second quarter, GE warned of weaker full-year trading from its unit that serves the oil & gas industry.
That doesn't mean the manufacturing giant founded by Thomas Edison in the late 1800s will be in limbo from the time the 55-year-old Flannery takes the reins from Jeffrey Immelt on August 1 until he presents his strategy to investors in November.
The company reported a 53 percent drop in profit to $1.37 billion, or 13 cents per share.
Drug dealer reports stolen cocaine to cops; gets arrested
According to the arrest report, Blackmon asked deputies why they let him keep talking if they saw the cocaine in the vehicle . He was arrested on Sunday and charged with resisting arrest without violence, as well as possession of the drugs and pipe.
For the company as a whole, industrial operating cash flow rose to $1.5 billion, a sharp turnaround from the previous quarter.
We expect cash flow to continue to improve throughout the year.
GE has cut $670-million in industrial overhead costs this year, Immelt said, and will "meet or exceed" its $1-billion target for 2017 - a goal set after discussion with activist investor Trian Fund Management.
Estimates:Honeywell is expected to post a 7% gain in EPS to $1.78 as sales dip 1.6% to $9.84 billion. In between, The Nasdaq, on Thursday witnessed its 10th straight record close, marking its best succession since February 2015.
Even as the company witnessed a decline in its data revenues, it said that data usage during the quarter showed a healthy growth. Mr Colao went on to say that the performance gives Vodafone confidence in reiterating the company's outlook for the year.
The News Agency of Nigeria reports that the first tranche of N12.7 billion was received by the government in 2016. The Economic and Financial Crimes Commission (EFCC) has since launched an investigation into the allegation.
Now Union Pacific Corporation's current price is $27.75 shy of the official highest sell-side analyst price target on Wall Street. Twitter, Inc. (NYSE:TWTR) shares were last seen up 0.20% at $19.98, which is -25.98% lower than the previous trading session.
New additions to the cast feature Billie Lourd , Billy Eichnre, Leslie Grossman , Colton Haynes , Alison Pill and Lena Dunham . The horror series tells a different story every season, with numerous same stars returning to take on new roles.
He said the world understand these demands and the four countries expect the worldwide community to stand by those demands. The Minister's response was given amid the boycott imposed by four Middle East countries on Qatar.
Prince William knows the way to impress the youth is with strength. "If we crash, we crash together", he said. Later on in the day, Prince William and Kate visited Gdansk, where they were greeted by excited crowds.
The contaminated foodstuff, recycled foodstuff, packaged and bottled items that are on sale are unfit for the human consumption. The audit noticed that cleanliness and hygiene were not being maintained at catering units at stations and in trains.
Amazon Alexa is a great virtual assistant, but she isn't available on most every Android device like Google Assistant is. Apparently, the in-app version of Alexa will be nearly the same as the one found on the Amazon Echo and Dot speakers.
The group is believed to be based in the unruly tribal regions of Pakistan, near the porous border with Afghanistan. National Defence Authorisation Act (NDAA), that Pakistan has taken satisfactory action against the Haqqani network.
Walk around the parking lot of any police station in the country, and you'll see a lot of pickups in the employee parking lot. Now, Ford has expanded its pursuit capable cop auto lineup to include the number one selling vehicle in America: the F-150.
The younger Trump hoped the meeting would yield damaging information about Hillary Clinton. Wray testified that he would lead the Bureau free of political considerations.
Chelsea agree terms with Alvaro Morata
Morata has been an unpredictable player this transfer window and has been looked down upon as a second choice for big teams. He said: "I'm going to the team managed by the coach who has placed the most faith in me and that's great for me".
Sensex surges 131 pts on RIL earnings numbers
Reliance Industries Limited ( RIL ) chairman Mukesh Ambani on Friday announced a bonus share in the ratio 1:1. Other gainers included Coal India , Tata Consultancy Services , Infosys up between 1 percent to 2 percent.
Firefighters Resuscitate Dog After Rescuing It From A Fire
Then, after being given what officials say is a specialized animal oxygen mask, the dog is appears suddenly awake and panting. Fire crew chief John Frando described the blaze as "heavy" and told local media the animal had "appeared very lifeless".
OJ Simpson to walk free from prison
Bisbee and the three other members of the board returned and each cast their vote in favor of granting Simpson parole. Simpson could also want to later stay with his sister in Sacramento, California , Scotto said .
Turkey says it would reciprocate German threats
They rose further after Turkey detained the activists, including a German national, in custody two weeks ago. We can not guarantee that it is suitable for the visually or hearing impaired.
Lyft announces plan to develop self-driving cars
The company is opening a new self-driving research facility in Palo Alto, CA. over the next few weeks, Lyft announced today . However, Lyft employs a team to work on regulatory matters and has made in-roads in Washington for other issues in the past.
Donald Trump Trolled by Japanese First Lady
But Prime Minister Abe's wife, Akie Abe, may have just taken the cake for the best tactic to snub Trump . Was the first lady being next level petty or does she really not understand English? "She actually can.
Khoza to face the wrath of the ANC in KZN
Parliament, in a statement on Wednesday, said it is working with the police to provide protection for Khoza. Mandela Day also saw ANC MP and former finance minister Pravin Gordhan say that Zuma should "step aside".
Philip Morris International, Inc. (PM) — Hot Trending Stock
It is the same, as 90 investors sold PM shares while 466 reduced holdings. only 97 funds opened positions while 478 raised stakes. The New York-based Gotham Asset Mngmt Ltd Llc has invested 0.54% in Philip Morris International Inc. (NYSE:PM) for 444 shares.
Unilever Posts 3.3b Euros Income In First Half
Earnings per share increased by 24.1 per cent to €1.09, while underlying earnings per share rose by 14.4 per cent. The company said it remains on track for underlying sales growth of between 3% and 5% over the full year.