Want to join the conversation?
For year-to-date 2015, $SWN has contributed $9MM to the pension plan and expects to contribute an additional $3MM to the pension plan in 2015. At Sept. 30, 2015, the company recognized a liability of $48MM due to the underfunded status of its pension and other postretirement benefit plans compared to a liability of $44MM at Dec. 31, 2014.
Apple ($AAPL) reported decline in sales and profits from comparable quarter last year, attributing the decline to announcement of iPhone 7/7s. Sales and profit are being guided higher for next quarter. Apple is a solid company and will continue to dominate tech and consumer electronics segment for a while. Personally, looks like there is little downside in this investment.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."