NewzHOUSTON (AP) — HOUSTON (AP) — NOV Inc. (NOV) on Tuesday reported second-quarter earnings of $112 million. The Houston-based company said it had net income of 31 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 16 cents per share. The oil and gas industry supplier posted revenue of $2.13 billion in the period, also exceeding Street forecasts.
Seven analysts surveyed by Zacks expected $2.09 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NOV at https://www.zacks.com/ap/NOV Source
MILWAUKEE (AP) — MILWAUKEE (AP) — Artisan Partners Asset Management Inc. (APAM) on Tuesday reported second-quarter profit of $80.9 million. The Milwaukee-based company said it had net income of $1.11 per share.
Earnings, adjusted for non-recurring gains, were 94 cents per share. The investment management firm posted revenue of $307.9 million in the period. Artisan Partners shares have climbed slightly since the beginning of the year.
In the final minutes of trading on Tuesday, shares hit $40.88, a decline of 12% in the last 12 months. Access a Zacks stock report on APAM at https://www.zacks.com/ap/APAM Source MONACO (AP) — MONACO (AP) — Safe Bulkers Inc.
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