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Actionable news in OXY: OCCIDENTAL PETROLEUM CORPORATION,

Active Stocks’ Concerns Wondering in Street- PG&E Corporation (NYSE:PCG), International Business Machines Corporation (NYSE:IBM), Occidental Petroleum Corporation (NYSE:OXY)

PG&E Corporation (NYSE:PCG) plummeted -2.07% during the previous trading session as the firm opened its session at $53.90 With outstanding 489.17, its volume 3.98 Million was higher than average volume. Public utility firm PG&E Corp. (PCG) stated that a 62% drop in profit for the third quarter from previous year on lower incomes and higher expenses. The firm noted that the decline in profit was driven primarily by the timing of regulatory proceedings in key rate cases this year and last. Both income and adjusted earnings per share for the quarter missed analysts’ expectations. However, the firm raised the low end of its earnings outlook for fiscal 2015. The San Francisco, California-based firm, which conducts business through Pacific Gas and Electric Co., stated third-quarter net income of $307 million or $0.63 per share, down from $811 million or $1.71 per share in the previous-year The firm held price to earnings ratio of 18.39. Can investors take a chance on Buying PCG this week? Read...


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