On Friday, Shares of Halliburton Company (NYSE:HAL), lost -0.55% to $39.99.
Oil prices edged lower on Monday as data showed Saudi Arabian exports fell to the lowest in five months despite record output, while a resurgence in U.S. drilling activity seen earlier this month seemed to fizzle out, according to Reuters.
Both international and U.S. crude futures posted their third successive weekly losses last week on expectations of raised exports from Iran following a deal to ease sanctions against the OPEC producer. Reuters Reports.
U.S. crude futures, also known as West Texas Intermediate (WTI), were down 7 cents at $50.82 on Monday, after falling more than 3 percent last week and more than 14 percent in July. The August contract expires on Tuesday. Reuters added.
Halliburton Company provides a range of services and products to the upstream oil and natural gas industry worldwide. The company operates through two segments, Completion and Production, and Drilling and Evaluation.
Shares of Honeywell International Inc. (NYSE:HON), inclined 1.90% to $105.54, during its last trading session.
Honeywell International, declared its results for the second quarter of 2015:
“Honeywell had a terrific second quarter capping off a strong first half of 2015,” said Honeywell Chairman and CEO Dave Cote. “We delivered 3% core organic sales growth and had another quarter of double-digit earnings growth when normalized for tax. We saw growth acceleration in both the short- and long-cycle businesses within Aerospace, continued growth in our commercial and industrial businesses within ACS, and higher volume across our Advanced Materials portfolio, particularly in Fluorine Products. We saw margin expansion in each segment, with a noteworthy portion from gross margin, as our new products, process focus, disciplined cost administration, and restructuring continue to distinguish Honeywell’s performance. We remain committed to seed planting and process improvements throughout our portfolio. Once again we proactively funded repositioning actions that will improve our cost position and drive the efficiencies necessary for winning in a slow growth global economy. Our great first half performance gives us confidence to again raise the low end of our full-year EPS guidance range by $0.05 to $6.05-$6.15, and we remain committed to our full-year core organic sales growth and free cash flow estimates. We believe that our balanced portfolio of short- and long-cycle businesses, penetration in High Growth Regions, and the deployment of our key process initiatives will continue to drive results this year and over the long term.”
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
Finally, Cousins Properties Incorporated (NYSE:CUZ), ended its last trade with -0.29% loss, and closed at $10.35.
Cousins Properties Incorporated, declared that its Board of Directors has declared a cash dividend of $0.08 per common share for the third quarter of 2015. The third quarter dividend will be payable August 24, 2015, to common shareholders of record on August 10, 2015. The $0.08 per share quarterly common dividend equates to $0.32 per share on an annualized basis.
Cousins Properties Incorporated, a real estate investment trust (REIT), owns, develops, and manages real estate portfolio, in addition to performs certain real estate-related services in the United States. The company operates through four divisions: Office/Multi-Family, Retail, Industrial, and Land.
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