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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.

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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.

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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.

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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.

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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.

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