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Wednesday, August 1, 2018

Devon Energy misses profit estimates as costs, oil hedges weigh

U.S. oil producer Devon Energy Corp on Tuesday missed Wall Street estimates for quarterly profit as expenses rose and a misplaced bet on the direction of oil prices offset higher oil output.


from Reuters: Business News https://ift.tt/2AuJT96

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Apple reports best-ever iPhone sales as Mac dips

The company's revenue was boosted by iPhone sales, but sales of its wearable tech and Mac computers dipped. from BBC News https://ift....