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COVID-19 and the Bleak Outlook for the Tech Supply Chain

2020-03-06 20:15:30| TechNewsWorld

Foxconn, a key parts supplier for Apple, Microsoft, Nintendo and Sony, said its plants on mainland China will resume normal production by the end of March. Numerous factories across China were forced to shut down in late January due to the coronavirus. The impact of the outbreak could hit global supply chains for all products in mid-March, The Harvard Business Review predicted.

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Column: Marcellus Shale Coalitions Spigelmyer Sees Positive Outlook

2020-03-06 15:00:00| OGI

Despite headwinds facing Appalachia natural gas drillers, the president of the Marcellus Shale Coalition, David Spigelmyer, told Hart Energy the news is not all bad from the region.

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Zoom Video beats earnings outlook, sees further strong growth in new year

2020-03-05 08:47:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported better-than-expected results for its fiscal fourth quarter to January and full year. Quarterly revenues jumped 78 percent year-on-year to USD 188.3 million, and adjusted operating profit more than tripled, to USD 38.4 million from USD 9.8 million a year earlier. Net profit improved to USD 15.3 million from USD 1.2 million, and the adjusted EPS rose to USD 0.15, double the 7 cents forecast. 

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Executive Q&A: Hess Bakken Outlook For 2020

2020-03-03 18:00:00| OGI

Dougie McMichael, director of Bakken well factory planning and execution at Hess, expands on the companys productivity and the technology drivers in the play in this one-on-one interview with Jessica Morales at the recent DUG Bakken & Rockies Conference & Exhibition in Denver.

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Continental Resources Shares Fall 15% On Weak 2020 Outlook

2020-02-27 14:35:00| OGI

Continental, which operates in the Bakken as well as the STACK and SCOOP shale plays, forecast lower-than-expected free cash flow for the year despite keeping capital spending flat.

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