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  • Jan 29- U.S. refiners Valero Energy Corp and Phillips 66 reported better-than-expected quarterly profits as they processed more cheap crude oil at a time when demand for gasoline increases. San Antonio- based Valero said net income from continuing operations attributable to stockholders fell to $1.22 billion, or $2.22 per share, for the quarter ended Dec. 31...

  • Cash America misses Street 4Q forecasts Thursday, 29 Jan 2015 | 9:27 AM ET

    FORT WORTH, Texas _ Cash America International Inc. on Thursday reported fourth-quarter net income of $22 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. Cash America shares have declined almost 7 percent since the beginning of the year.

  • LONDON, Jan 29- U.S. commercial crude oil stocks last week hit their highest level since 1931- when the opening of giant oil fields in the United States coincided with the Great Depression to create an enormous glut and sent prices tumbling to just 13 cents per barrel. In October 1929, U.S. commercial crude stocks peaked at a staggering 545 million barrels, following...

  • Occidental reports 4Q loss Thursday, 29 Jan 2015 | 8:43 AM ET

    HOUSTON _ Occidental Petroleum Corp. on Thursday reported a fourth-quarter loss of $3.41 billion, after reporting a profit in the same period a year earlier. The Houston- based company said it had a loss of $4.41 per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share.

  • Cameron tops 4Q profit forecasts Thursday, 29 Jan 2015 | 8:36 AM ET

    HOUSTON _ Cameron International Corp. on Thursday reported fourth-quarter profit of $254 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share. Analysts expected $2.85 billion, according to Zacks.

  • Phillips 66 beats 4Q profit forecasts Thursday, 29 Jan 2015 | 8:28 AM ET

    HOUSTON _ Phillips 66 on Thursday reported fourth-quarter net income of $1.15 billion. On a per-share basis, the Houston- based company said it had net income of $2.05. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.

  • Valero Energy tops Street 4Q forecasts Thursday, 29 Jan 2015 | 8:21 AM ET

    SAN ANTONIO— Valero Energy Corp. on Thursday reported fourth-quarter earnings of $1.16 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share. Analysts expected $25.14 billion, according to Zacks.

  • ConocoPhillips posts 4Q loss as oil prices fall Thursday, 29 Jan 2015 | 8:13 AM ET

    HOUSTON— Hurt by falling oil prices, ConocoPhillips reported a loss during its fourth quarter and said it would cut spending on drilling and exploration projects in parts of the U.S. The Houston oil and gas company reported Thursday a loss of $39 million, or 3 cents per share during the quarter, compared with a net income of $2.5 billion, or $2 per share, in the same...

  • Refiner Valero Energy's profit falls 5 pct Thursday, 29 Jan 2015 | 8:05 AM ET

    Jan 29- U.S. refiner Valero Energy Corp reported a 5 percent fall in quarterly income, hurt by a narrower spread between Brent and WTI crude and a drop in operating profit at its ethanol business. San Antonio- based Valero said net income from continuing operations attributable to stockholders fell to $1.22 billion, or $2.22 per share, for the quarter ended Dec. 31...

  • Carbo Ceramics tops Street 4Q forecasts Thursday, 29 Jan 2015 | 5:09 AM ET

    HOUSTON _ Carbo Ceramics Inc. on Thursday reported fourth-quarter earnings of $399,000. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share. Carbo Ceramics shares have declined 20 percent since the beginning of the year.

  • Supporters see possible inroads in a Congress controlled by Republicans who generally are considered more receptive to oil exports, as well as some signs that the Obama administration may at least be open to consider changes to longstanding policy, which bans the export of raw crude. The ban was put in place in the 1970 s after the OPEC oil embargo led to fuel...

  • Jan 28- The private equity firm TPG Capital LP has sued former spokesman Adam Levine, accusing him of taking confidential documents and distributing them to the New York Times and other media after being denied a promotion to a partnership position. In a complaint filed on Wednesday with the U.S. District Court in Fort Worth, Texas, TPG said Levine has held onto his...

  • Capstead misses 4Q profit forecasts Wednesday, 28 Jan 2015 | 6:51 PM ET

    DALLAS _ Capstead Mortgage Corp. on Wednesday reported fourth-quarter profit of $33.5 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • Kirby beats Street 4Q forecasts Wednesday, 28 Jan 2015 | 6:21 PM ET

    HOUSTON _ Kirby Corp. on Wednesday reported fourth-quarter earnings of $68.1 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.17 per share. Analysts expected $576.6 million, according to Zacks.

  • Camden reports 4Q results Wednesday, 28 Jan 2015 | 6:10 PM ET

    HOUSTON _ Camden Property Trust on Wednesday reported a key measure of profitability in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of $1.02 per share. Analysts expected $215.8 million, according to Zacks.

  • Cirrus Logic tops Street 3Q forecasts Wednesday, 28 Jan 2015 | 4:42 PM ET

    AUSTIN, Texas _ Cirrus Logic Inc. on Wednesday reported fiscal third-quarter net income of $22.7 million. Analysts expected $275.7 million, according to Zacks. For the current quarter ending in March, Cirrus Logic said it expects revenue in the range of $220 million to $240 million.

  • Cullen/Frost meets 4Q profit forecasts Wednesday, 28 Jan 2015 | 9:21 AM ET

    SAN ANTONIO _ Cullen/Frost Bankers Inc. on Wednesday reported fourth-quarter net income of $72.7 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of $1.11 per share. Analysts expected $277.2 million, according to Zacks.

  • LONDON, Jan 28- Motorists in California purchased more gasoline in October 2014 than any corresponding month since 2007, according to state tax records, confirming the renewed growth in U.S. fuel demand. In October, California gasoline sales hit 1.272 billion gallons, up from 1.242 billion gallons in October 2013. Multiplying up to national level, gasoline...

  • Demand for airplanes lifts Boeing's 4Q profit Wednesday, 28 Jan 2015 | 8:06 AM ET

    DALLAS— Boeing Co.' s fourth-quarter profit rose 19 percent as demand for commercial airliners trumped weakness in its defense business. Chicago- based Boeing and European rival Airbus have prospered as airlines around the world have gone on a shopping spree, helped by rising demand for travel and cheap financing. Boeing has an 8- year order backlog for nearly...

  • Brinker International beats Street 2Q forecasts Wednesday, 28 Jan 2015 | 7:54 AM ET

    DALLAS _ Brinker International Inc. on Wednesday reported fiscal second-quarter net income of $41.3 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 68 cents per share. Brinker International shares have climbed 5 percent since the beginning of the year.