Cheaper fuel lifts 4Q profits for United and Southwest
United Continental Holdings and Southwest Airlines report rising fourth quarter earnings as fuel costs fall by about a third. Both plan plane buys and stock buybacks while fares dip nationally. United and Southwest post strong load factors and labor cost gains offset by nonfuel income and revenue from fees.
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Schlumberger Posts Big 4Q Loss Cuts 10000 Jobs
Schlumberger says fourth quarter loss exceeded $1 billion as energy prices slump. It cut 10,000 jobs in Q4 and warned of extended activity weakness in 2016, while revenue dropped 39 percent to $7.74 billion. The firm sees no near-term recovery and had previously announced 20,000 reductions in 2015.
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Cameron International Inc
Market Corn Prices and Wednesday Sales Report
The record lists multiple price points in cents per bushel with adjustments and totals. It shows Wed's Sales of 304 thousand 384 in int 1,391,403, up 525 in value.
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