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• Micron Poised to Report Great Results, but the Outlook Matters More
  Analysts are starting to worry about DRAM pricing, predicting a rougher 2019.
• GE says four HA turbines in U.S. shut down due to blade problem
  General Electric Co said on Thursday that four of its flagship power turbines in the United States have been shut down due to a problem with turbine blades that was discovered at an electrical power plant ...
• Friday Is Going to Be a Huge Day for Stock Traders
  Two major market events that have the potential to send U.S. equity volumes sky-high will collide Friday. The first is the quarterly event known as “quadruple witching” -- when futures and options on indexes and individual stocks expire. The anticipated spike in turbulence will hit a market already roiled by rising trade tensions between the U.S. and China. […]
• Under Armour to cut 400 more jobs in turnaround push, shares rise
  "Competition still remains an issue," said Neil Saunders, managing director of GlobalData Retail. Initial signs from channel checks and online sales are that Nike is also set to get a boost from a controversial ad campaign, launched earlier this month, featuring former NFL player Colin Kaepernick.

Drilling Info

• Wall Street Funding Slowdown for Energy Continues with Q2 Capital Raised Via Public Equity & Debt Issues Off 36% YOY
  July 17, 2019 The post Wall Street Funding Slowdown for Energy Continues with Q2 Capital Raised Via Public Equity & Debt Issues Off 36% YOY appeared first on Drillinginfo.
• Prices Pressured Further with Inventory Build, Despite of Crude Draw
  US crude oil stocks posted a decrease of 3.1 MMBbl from last week. Gasoline and distillate inventories increased 3.6 MMBbl and 5.7 MMBbl, respectively. Yesterday afternoon, API reported a crude oil draw of 1.4 MMBbl alongside a gasoline draw of 0.48 MMBbl and a distillate build of 6.2 MMBbl. Analysts were expecting a larger crude […] The post Prices Pressure […]
• Callon Buys Carrizo Oil & Gas in an All-stock Deal Valued at $3.2 Billion
  The post Callon Buys Carrizo Oil & Gas in an All-stock Deal Valued at $3.2 Billion appeared first on Drillinginfo.
• The Week Ahead For Crude Oil, Gas and NGLs Markets – July 15, 2019
  CRUDE OIL US crude oil inventories posted a large decrease of 9.5 MMBbl last week, according to the weekly EIA report. Gasoline inventories decreased 1.5 MMBbl, while distillate inventories increased 3.7 MMBbl. The total petroleum inventories showed a decrease of 3.8 MMBbl. US crude oil production increased 100 MBbl/d last week per EIA. Crude oil […] The pos […]

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