Anadarko Petroleum: When a Miss Isn’t a Miss
October 29, 2014 at 11:00 AM EDT
Sometimes an earnings miss is just plain unimportant–and that’s been the case for Anadarko Petroleum (APC) today. The Denver Post/Getty Images Anadarko reported a profitof $1.16 a share, missing the Street consensus for $1.27 but its shares have gained 1.8% to $92 at 10:52 a.m. today. What gives? Credit Suisse analyst Arun Jayaram says Anadarko’s [...]