February 6, 2020 archive

Conner Industries expands into Tulsa

  Conner Industries, Inc., a leading provider of lumber, industrial wood crates & pallets, and engineered packaging solutions, announced that it will open a new manufacturing facility in Tulsa, Oklahoma in February 2020. The new facility is expected to serve large manufacturing customers with industrial transport and protective packaging solutions that utilize a broad range …

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Flat earnings reported by Seagate Technology

  Seagate Technology reported flat second-quarter fiscal 2020 earnings. With operations in Oklahoma City, the hard-disk drive manufacturer had non-GAAP earnings of $1.35 a share which were down nearly 11% from a year earlier. Revenues were $2.696 billion which were down 0.7% from a year ago. But the company’s production increased in the quarter. During …

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BlackRock’s SEC filing shows nearly 8% ownership of Devon Energy

A filing this week with the U.S. Securities and Exchange Commission shows New York investment firm BlackRock Inc. now owns nearly 8% of Devon Energy. The filing indicated BlackRock Inc. had total ownership of 29,843,172 shares. But its sole voting power was 25,647,070 shares. Its share ownership totals 7.8% of the Oklahoma City energy company. …

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