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Oil and gas producer $NFX reported 4Q15 net loss of $663MM or $4.06 per diluted share versus net income of $360MM or $2.60 per diluted share in 4Q14, hurt by a full-cost ceiling test and other impairments. Adjusted net income was $50MM or $0.30 per share in the quarter. Oil, gas and NGL revenue fell 26.9% to $362MM versus $495MM YoverY.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.