ГОСТ Р

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*Oil giants Exxon and Chevron report sluggish third-quarter results*

Rival oil giants Exxon Mobil (XOM) - Get Free Report and Chevron (CVX) - Get Free Report reported mixed results before the bell Friday, Oct. 27. Exxon, just several weeks after announcing a nearly $60 billion agreement to merge with Pioneer Natural Resources, reported adjusted earnings of $2.27 per share, below Street expectations of $2.37. The company's net income dropped to $9.07 for the quarter, far below the $19.66 billion it reported last year. Exxon's third-quarter revenue of $90.76 billion was down around 19% and landed below analyst expectations of $93.41 billion. Related: Elon Musk's Tesla just got a $100 million boost from an unlikely ally CEO Darren Woods said in a statement that the merger with Pioneer will help the company meet demand with "lower carbon intensity." "We delivered another quarter of strong operational performance, earnings and cash flows, adding nearly 80,000 net oil-equivalent barrels per day to support global supply,” Woods said. “The organization's relentless focus on safety, environment and value is paying off – driving record refining throughputs, delivering big projects at first-quintile cost and schedule, and exceeding planned structural cost savings while reducing emissions intensity and the impact on the environment." Chevron, meanwhile, reported earnings of $3.05 per share, missing Street expectations of $3.33 and coming in far below the $5.56 per share the company reported in the year-ago period. But the company's revenue of $54.08 billion, down around 19% year-over-year, handily beat Street expectations of $53 billion. The report comes days after Chevron announced an agreement to acquire Hess, a move the company said will "strengthen Chevron's long-term performance." Chevron also completed an acquisition of PDC Energy during the quarter. “Chevron is delivering strong financial results while also investing to profitably grow our traditional and new energy businesses to drive superior value for shareholders,” CEO Mike Wirth said in a statement. “We delivered another quarter of solid financial results and strong cash returns to shareholders," he added. Chevron shares, closing down .72% for the previous session, fell more than 2% in pre-market trading. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
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Oil giants Exxon and Chevron report sluggish third-quarter results

Rival oil giants Exxon Mobil (XOM) - Get Free Report and Chevron (CVX) - Get Free Report reported mixed results before the bell Friday, Oct. 27. Exxon, just several weeks after announcing a nearly $60 billion agreement to merge with Pioneer Natural Resources, reported adjusted earnings of $2.27 per share, below Street expectations of $2.37. The company's net income dropped to $9.07 for the quarter, far below the $19.66 billion it reported last year. Exxon's third-quarter revenue of $90.76 billion was down around 19% and landed below analyst expectations of $93.41 billion. Related: Elon Musk's Tesla just got a $100 million boost from an unlikely ally CEO Darren Woods said in a statement that the merger with Pioneer will help the company meet demand with "lower carbon intensity." "We delivered another quarter of strong operational performance, earnings and cash flows, adding nearly 80,000 net oil-equivalent barrels per day to support global supply,” Woods said. “The organization's relentless focus on safety, environment and value is paying off – driving record refining throughputs, delivering big projects at first-quintile cost and schedule, and exceeding planned structural cost savings while reducing emissions intensity and the impact on the environment." Chevron, meanwhile, reported earnings of $3.05 per share, missing Street expectations of $3.33 and coming in far below the $5.56 per share the company reported in the year-ago period. But the company's revenue of $54.08 billion, down around 19% year-over-year, handily beat Street expectations of $53 billion. The report comes days after Chevron announced an agreement to acquire Hess, a move the company said will "strengthen Chevron's long-term performance." Chevron also completed an acquisition of PDC Energy during the quarter. “Chevron is delivering strong financial results while also investing to profitably grow our traditional and new energy businesses to drive superior value for shareholders,” CEO Mike Wirth said in a statement. “We delivered another quarter of solid financial results and strong cash returns to shareholders," he added. Chevron shares, closing down .72% for the previous session, fell more than 2% in pre-market trading. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
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*‘Fantastic Beasts’ Director Says Franchise Has Been “Parked” By Warner Bros.*

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‘Fantastic Beasts’ Director Says Franchise Has Been “Parked” By Warner Bros.

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*US presidential elections over past 30 years [OC]*

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US presidential elections over past 30 years [OC]

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*Belonging matters*

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Belonging matters

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*Heil spez*

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Heil spez

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*That’s a lot of blood*

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That’s a lot of blood

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*Как противостоять манипуляциям на работе? Обсуждаем в подкасте «Кто бы говорил»*

Разбираемся, какие формы может принимать нездоровое воздействие на сотрудников и когда стоит задуматься об увольнении.
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*Аксельбант*

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Аксельбант

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*Курсантские погоны*

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Курсантские погоны

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*Intel stock spikes on strong quarter and rosy outlook for the year*

At the conclusion of a tough week for Big Tech earnings that saw a tech selloff and pushed the major indices into the red, Amazon (AMZN) - Get Free Report and Intel (INTC) - Get Free Report reported earnings Thursday night, finally giving investors something to celebrate. Intel reported adjusted earnings of 41 cents per share, nearly double the 22 cents per share that Wall Street expected. The company's revenue additionally beat expectations, coming in at $14.16 billion for the quarter, above consensus predictions of $13.53 billion. Related: Artificial Intelligence is a sustainability nightmare - but it doesn't have to be The entire report, however, wasn't glowing: revenue fell by 8% this quarter, marking the seventh quarter in a row of declining revenue for the chipmaker. But shares in the company surged more than 7% in pre-market trading, in part due to Intel's rosy outlook for revenue growth in the current quarter, which came in at a range of $14.6 billion to $15.6 billion. “Our results exceeded expectations for the third consecutive quarter, with revenue above the high end of our guidance and EPS benefiting from strong operating leverage and expense discipline," CFO David Zinsner said in a statement. "As demonstrated by our recent portfolio actions, we are highly focused on being great allocators of our owners’ capital and unlocking value for shareholders.” CEO Pat Gelsinger said that the company plans to cut costs by roughly $3 billion this year. And despite mounting competition and pressure from Nvidia (NVDA) - Get Free Report as it looks to enter the PC chip market, Gelsinger said that the company doesn't see this competition as being "all that significant." Intel's foundry services, its new semiconductor offshoot, reported 300% year-over-year growth amid news of an unnamed new customer. "We delivered a standout third quarter, underscored by across-the-board progress on our process and product roadmaps, agreements with new foundry customers, and momentum as we bring AI everywhere,” Gelsinger said in a statement. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
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Intel stock spikes on strong quarter and rosy outlook for the year

At the conclusion of a tough week for Big Tech earnings that saw a tech selloff and pushed the major indices into the red, Amazon (AMZN) - Get Free Report and Intel (INTC) - Get Free Report reported earnings Thursday night, finally giving investors something to celebrate. Intel reported adjusted earnings of 41 cents per share, nearly double the 22 cents per share that Wall Street expected. The company's revenue additionally beat expectations, coming in at $14.16 billion for the quarter, above consensus predictions of $13.53 billion. Related: Artificial Intelligence is a sustainability nightmare - but it doesn't have to be The entire report, however, wasn't glowing: revenue fell by 8% this quarter, marking the seventh quarter in a row of declining revenue for the chipmaker. But shares in the company surged more than 7% in pre-market trading, in part due to Intel's rosy outlook for revenue growth in the current quarter, which came in at a range of $14.6 billion to $15.6 billion. “Our results exceeded expectations for the third consecutive quarter, with revenue above the high end of our guidance and EPS benefiting from strong operating leverage and expense discipline," CFO David Zinsner said in a statement. "As demonstrated by our recent portfolio actions, we are highly focused on being great allocators of our owners’ capital and unlocking value for shareholders.” CEO Pat Gelsinger said that the company plans to cut costs by roughly $3 billion this year. And despite mounting competition and pressure from Nvidia (NVDA) - Get Free Report as it looks to enter the PC chip market, Gelsinger said that the company doesn't see this competition as being "all that significant." Intel's foundry services, its new semiconductor offshoot, reported 300% year-over-year growth amid news of an unnamed new customer. "We delivered a standout third quarter, underscored by across-the-board progress on our process and product roadmaps, agreements with new foundry customers, and momentum as we bring AI everywhere,” Gelsinger said in a statement. Get investment guidance from trusted portfolio managers without the management fees. Sign up for Action Alerts PLUS now.
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