US Stocks Movement: Phillips 66 rises 5.4%, unexpectedly turns a profit in Q1
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Glonghui, April 29 | Phillips 66 (PSX.US) rose 5.4% to $174.03. In terms of news, Phillips 66 announced that its adjusted earnings per share for the first quarter was $0.49, turning profitable compared to a loss of $0.9 per share in the same period last year. Analysts had expected a loss of $0.54 per share. Phillips 66 also raised its annual quarterly dividend by 7%. (Glonghui)
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