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Oil field services giant $HAL reported a 4Q15 loss on charges, and revenue fell 42%. $HAL posted 4Q15 net loss of $28MM, or $0.03 per diluted share, compared to net income of $901MM, or $1.06 per share, a year ago. Excluding items, $HAL earned $0.31 per share. Revenue fell to $5.08Bil as customers reduced spending due oil fall.
Waiting with fingers crossed for $AAPL’s fourth quarter earnings.
Looking ahead to $AAPL earnings release later in the afternoon today? Gene Munster, analyst from Piper Jaffrey and the most respected authority for Apple, had this to say - "The second and slightly larger group of investors believe the tail of the iPhone 7 is irrelevant, and is betting that the iPhone 10th Anniversary will yield a jump in growth from flat to up ~15%."
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.