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  • July 23- The Phillips 66 Alliance refinery in Belle Chase, Louisiana, was hit by a power outage on Thursday, according to the power provider Entergy Corp's website. Entergy expects power to the 247,000 barrel-per-day plant to be restored by 7 PM local time on Thursday. Phillips 66 was not immediately available for comment.

  • Forum Energy misses Street 2Q forecasts Thursday, 23 Jul 2015 | 7:06 PM ET

    HOUSTON _ Forum Energy Technologies Inc. on Thursday reported second-quarter net income of $8.9 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Eleven analysts surveyed by Zacks expected $312.2 million.

  • Southwest Airlines and United Airlines posted record second-quarter earnings on Thursday even though Southwest's revenue grew just 2 percent and United's declined from a year ago. Southwest Airlines Co. earned a record $608 million in the second quarter— a 31 percent increase from a year ago, and the airline's ninth straight record-profit quarter.

  • Stewart Information Services posts 2Q profit Thursday, 23 Jul 2015 | 10:09 AM ET

    HOUSTON _ Stewart Information Services Corp. on Thursday reported second-quarter earnings of $17.1 million. Stewart Information Services shares have climbed 10 percent since the beginning of the year. Keywords: Stewart Information Services, Earnings Report.

  • Hercules Offshore reports 2Q loss Thursday, 23 Jul 2015 | 7:57 AM ET

    HOUSTON _ Hercules Offshore Inc. on Thursday reported a second-quarter loss of $88.3 million, after reporting a profit in the same period a year earlier. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Waste Management tops Street 2Q forecasts Thursday, 23 Jul 2015 | 7:54 AM ET

    HOUSTON— Waste Management Inc. on Thursday reported second-quarter profit of $274 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share. Five analysts surveyed by Zacks expected $3.29 billion.

  • Cameron tops Street 2Q forecasts Thursday, 23 Jul 2015 | 7:42 AM ET

    HOUSTON _ Cameron International Corp. on Thursday reported second-quarter profit of $140 million. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share. Thirteen analysts surveyed by Zacks expected $2.18 billion.

  • July 23- PulteGroup Inc, the third-largest U.S. homebuilder, reported a quarterly profit that more than doubled as costs nearly halved. The company said home sales fell across the United States, except the North, led by a 15 percent decline in Texas, its fourth biggest market in terms of revenue. The company's net income rose to $103.3 million, or 28 cents per share,...

  • Group 1 Automotive beats Street 2Q forecasts Thursday, 23 Jul 2015 | 7:30 AM ET

    HOUSTON _ Group 1 Automotive Inc. on Thursday reported second-quarter net income of $44.5 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.81 per share. Four analysts surveyed by Zacks expected $2.7 billion.

  • *BP, Statoil kick off results on July 28. LONDON, July 23- The world's top oil companies are set to report yet another sharp drop in quarterly profits that could force more spending cuts due to a dim outlook for oil prices. International oil companies including Exxon Mobil, Chevron, Royal Dutch Shell, BP and Total all reduced 2015 spending by 10 to 15 percent from last...

  • Flotek Industries reports 2Q loss Wednesday, 22 Jul 2015 | 5:39 PM ET

    HOUSTON _ Flotek Industries Inc. on Wednesday reported a second-quarter loss of $12.5 million, after reporting a profit in the same period a year earlier. Flotek Industries shares have fallen 32 percent since the beginning of the year. Keywords: Flotek Industries, Earnings Report.

  • GulfMark Offshore reports 2Q loss Wednesday, 22 Jul 2015 | 5:39 PM ET

    HOUSTON _ GulfMark Offshore Inc. on Wednesday reported a second-quarter loss of $8.2 million, after reporting a profit in the same period a year earlier. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 46 cents per share. GulfMark Offshore shares have dropped 65 percent since the beginning of the year.

  • Oceaneering International posts 2Q profit Wednesday, 22 Jul 2015 | 5:27 PM ET

    HOUSTON _ Oceaneering International Inc. on Wednesday reported second-quarter earnings of $65.5 million. Oceaneering International expects full-year earnings to be $2.70 to $2.90 per share. Oceaneering International shares have fallen 34 percent since the beginning of the year.

  • Crown Castle misses Street 2Q forecasts Wednesday, 22 Jul 2015 | 4:42 PM ET

    HOUSTON _ Crown Castle International Corp. on Wednesday reported second-quarter net income of $1.15 billion. Crown Castle expects full-year earnings to be $4.38 to $4.62 per share. Crown Castle shares have risen slightly more than 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 3 percent.

  • July 22- Citigroup said it would shut banking operations at Banamex USA and that the unit was fined $140 million by U.S. regulators over weaknesses in its anti-money laundering programs. Banamex USA, a unit of the Citi's Mexican bank, has about 300 employees in three branches in California and Texas. Citi said Banamex USA planned to close its Houston and San...

  • SEATTLE, July 22- Amazon.com Inc said on Wednesday it would expand a marketplace that offers home services from plumbing to fence repairs in 15 U.S. cities and help customers find contractors for more expensive home projects as it develops its role as a middle man for third-party vendors. The home services platform is an ambitious frontier for Amazon, pitting it...

  • CHICAGO/ SAN FRANCISCO, July 22- Macy's Inc is expanding same-day delivery to several new U.S. markets this summer, one of the most aggressive pushes by a brick-and-mortar retailer in an area dominated by e-commerce giant Amazon, according to a Macy's official. Currently, Macy's is offering the service in Houston, San Francisco, San Jose, Seattle, Washington D.C.,...

  • July 21- Chesapeake Energy Corp, the second-largest U.S. natural gas producer, said on Tuesday it will suspend dividend payments starting in the current quarter to save up to $240 million a year. ConocoPhillips last week raised its quarterly payout by a smaller-than-normal 1 cent, citing low oil prices. Shares of Chesapeake were down 4.7 percent at $9.79 on...

  • July 21- Oilfield services provider Baker Hughes Inc, which is being acquired by larger rival Halliburton Inc, said it expects unfavorable market conditions to persist for the rest of the year. "In North America, we don't anticipate activity to increase while commodity prices remain depressed," Baker Hughes Chief Executive Martin Craighead said in a statement...

  • The Coast Guard said it took over four hours to extinguish the blaze on one of the barges, which was carrying 1 million gallons of the highly volatile gasoline additive naphtha. The Coast Guard and the Texas General Land Office said it was unclear if any of the naphtha spilled into the waterway. A Coast Guard spokesman said naphtha evaporates quickly and that...