ExxonMobil (XOM) Tops Q3 EPS by 12c
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Low Tax Rate on One-Time Item Contributes to ExxonMobil (XOM) EPS Beat; UBS Raises Price Target to $81
November 2, 2015 10:37 AM ESTUBS reiterated a Neutral rating on ExxonMobil (NYSE: XOM), and raised the price target to $81.00 (from $77.00), following the company's 3Q earnings results. 3Q15 EPS fell 46% YoY to $1.01, above consensus of $0.89. A lower than expected tax rate related to a one-time item benefitted EPS by... More
Stocks slip but post best month in four years
October 30, 2015 7:32 AM EDTBy Lewis Krauskopf
(Reuters) - U.S. stock indexes finished with their strongest monthly performances in four years on Friday, even as they dipped for the day amid a mixed bag of earnings reports.
For October, all three major indexes posted their biggest percentage increases since October 2011, with the S&P 500 rising 8.3 percent, led by energy and materials, while a measure of volatility fell.
On Friday, CVS Health (NYSE: CVS) fell 4.8 percent to $98.78 after a disappointing profit forecast for 2016.
The S&P 500 energy index was the best performing sector, rising... More
