On Dec 08, ConocoPhillips (NYSE:COP) announced a 2015 capital budget of $13.5 billion, a decrease of approximately 20 percent compared to 2014. The reduction in capital relative to 2014 primarily reflects lower spending on major projects, several of which are nearing completion, as well as the deferral of spending on North American unconventional plays. ConocoPhillips (NYSE:COP) belongs to Basic Materials sector. Its net profit margin is 17.10% and weekly performance is 4.77%. On last trading day company shares ended up $70.13. ConocoPhillips (NYSE:COP) distance from 50-day simple moving average (SMA50) is 1.33%.
Zacks restated their neutral rating on shares of Medtronic (NYSE:MDT) in a research note issued to investors on Wednesday. The firm currently has a $78.00 price target on the stock. On 24 December, Medtronic, Inc. (NYSE:MDT) shares advanced 0.42% and was closed at $74.08. MDT EPS growth in last 5 year was 10.40%. Medtronic, Inc. (NYSE:MDT) year to date (YTD) performance is 30.93%.
Media General, Inc. (NYSE:MEG) said that in connection with the closing of its acquisition of LIN Media LLC announced on December 19, the former shareholders of LIN Media had the option to choose to receive either $25.97 in cash or 1.4714 shares of voting common stock of Media General, subject to pro-ration, in exchange for their shares of LIN Media. Media General, Inc. (NYSE:MEG) belongs to Services sector. Its net profit margin is 17.30% and weekly performance is -3.22%. On last trading day company shares ended up $17.13. Media General, Inc. (NYSE:MEG) distance from 50-day simple moving average (SMA50) is 13.92%.
On Dec. 22, The Bank of New York Mellon Corporation (NYSE:BK) donated more than $11 million and 20,000 hours of volunteer service to New York-area nonprofits during 2014. The Bank of New York Mellon Corporation (NYSE:BK) shares fell -0.58% in last trading session and ended the day at $41.29. BK return on assets is 0.70%. The Bank of New York Mellon Corporation (NYSE:BK) quarterly performance is 7.33%.
On Dec. 19, Southwest Airlines Co. (NYSE:LUV) is the 2015 Airline of the Year, according to Air Transport World (ATW), a Penton company. In selecting Southwest as Airline of the Year, ATW editors cited Southwest’s extraordinary and consistent standards of service, financial performance, safety, and environmental and corporate responsibility. Southwest Airlines Co. (NYSE:LUV) shares advanced 1.66% in last trading session and ended the day at $41.66. LUV Gross Margin is 62.50% and its return on assets is 5.80%. Southwest Airlines Co. (NYSE:LUV) quarterly performance is 24.03%.