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Natural gas firm asked to show it's not causing Texas quakes
2015-06-10 20:25:11| Oil & Gas - Topix.net
Regulators are holding hearings with a natural gas extraction company controlled by energy giant Exxon Mobil, seeking proof that it's not to blame for recent small North Texas earthquakes. The company is expected to provide evidence that its operation of disposal wells did not cause 2013 and 2014 quakes in Azle and nearby communities.
United Natural Foods (UNFI) Stock Price Target Lowered at BMO Capital
2015-06-10 19:33:03| Grocery - Topix.net
On Monday, the North American organic food distributor reported net income of $41.8 million, or 78 cents per diluted share, on revenue of $2.11 billion. Analysts on average were expecting the company to report earnings of 86 cents per share on revenue of $2.14 billion.
Tags: price
united
stock
natural
Three takeaways from Piedmont Natural Gas' surprising Q2 results
2015-06-09 17:39:09| Energy - Topix.net
With Piedmont Natural Gas showing stronger-than-expected earnings in the second quarter, despite revenue that was weaker than expected, here are three key takeaways from the report and CEO Tom Skains ' Monday morning conference call. Charlotte-based Piedmont roared ahead with 4,892 new customers added in the first quarter, which ended Jan. 30, for a 15 percent increase over the year before , which ended Jan. 30. The second quarter, which ended April 30, was considerably less exciting.
Tags: results
natural
gas
surprising
United Natural Foods Upgraded to "Hold" by Zacks
2015-06-09 06:10:30| Food - Topix.net
According to Zacks, "United Natural's productivity initiatives, improved operational efficiency, acquisitions and continuous increase in demand for organic and natural food products have been the strength of the company. However, we cannot ignore the fact that United Natural has been struggling with continued weakness in gross margins over the past few quarters due to a shift in customer mix to lower-margin conventional supermarkets.
Tags: united
natural
hold
foods
United Natural Foods Upgraded to "Hold" by Zacks
2015-06-09 06:00:24| Grocery - Topix.net
According to Zacks, "United Natural's productivity initiatives, improved operational efficiency, acquisitions and continuous increase in demand for organic and natural food products have been the strength of the company. However, we cannot ignore the fact that United Natural has been struggling with continued weakness in gross margins over the past few quarters due to a shift in customer mix to lower-margin conventional supermarkets.
Tags: united
natural
hold
foods
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