On Wednesday, Shares of Louisiana-Pacific Corporation (NYSE:LPX), lost -1.93% to $16.74.
Louisiana-Pacific Corporation, will conduct its third quarter 2015 financial results webcast on Tuesday, Nov. 3, 2015, at 11 a.m. EST (8 a.m. PST).
The company will release its results before the market opens that morning. Hosting the call will be LP’s Chief Financial Officer, Sallie Bailey.
Louisiana-Pacific Corporation, together with its auxiliaries, primarily manufactures and sells building products for use in new home construction, repair and remodeling, outdoor structures, and light industrial and commercial construction.
Shares of Phillips 66 (NYSE:PSX), inclined 0.38% to $82.47, during its last trading session.
Phillips 66, declares its 2016 capital budget of $3.6 billion, not taking into account Phillips 66 Partners’ capital program. The board of directors of Phillips 66 also approved a $2.0 billion improvement to the company’s share repurchase program.
“The 2016 capital budget will fund Midstream growth and enhance returns in Refining,” said chairman and CEO Greg Garland. “Cash from operating activities, our MLP and a strong balance sheet allow us to fund business growth while returning capital to shareholders.”
Not Taking Into Account Phillips 66 Partners’ capital spending, Phillips 66 plans to invest $2.0 billion in its Midstream business lines. In Natural Gas Liquids (NGL), the company continues construction of the 4.4 million-barrel-per-month Freeport LPG Export Terminal on the U.S. Gulf Coast, with completion predictable in the second half of 2016. In addition, the budget comprises spending associated with expansion of the Sweeny NGL midstream hub.
Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks to its refineries and other locations; and delivers refined and specialty products, in addition to provides storage services for crude oil and petroleum products.
Finally, Liberty Interactive Group (NASDAQ:QVCA), ended its last trade with -2.75% loss, and closed at $27.28.
Liberty Interactive Corporation, will webcast its annual Investor Meeting on Thursday, November 12, 2015 with presentations startning at 9:00 a.m. E.S.T. During these presentations, observations may be made regarding the company’s financial performance, outlook and recent developments.
Liberty Interactive Corporation, through its auxiliaries, engages in the video and on-line commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur
