Stocks News Alert: ConocoPhillips (NYSE:COP), JD.Com Inc (ADR) (NASDAQ:JD)

On Tuesday, Shares of ConocoPhillips (NYSE:COP), subtract -0.63% and shut at $46.07 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $45.28 and $46.69. ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio includes resource-rich North American tight oil and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and an inventory of conventional and unconventional exploration prospects.

Shares of JD.Com Inc (ADR)(NASDAQ:JD), subtract -0.73% and shut at $25.81 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $25.64 and $26.14. The association’s commercial center capitalization is $36.62 Billion with the general uncommon loads of 2.89 billion. JD.com, Inc. (JD), the leading Chinese e-commerce company by revenue, recently declared its unaudited financial results for the quarter ended September 30, 2016.

Third Quarter 2016 Highlights

Net revenues for the third quarter of 2016 were RMB60.7 billion (US$[1]9.1 billion), a boost of 38% from the third quarter of 2015. Revenues from services and others, mainly from the company’s e-commerce platform business, for the third quarter of 2016 were RMB5.6 billion (US$0.8 billion), a boost of 60% from the third quarter of 2015.

Gross profit for the third quarter of 2016 was RMB9.6 billion (US$1.4 billion). Non-GAAP gross profit[2] for the third quarter of 2016 was RMB9.4 billion (US$1.4 billion), a boost of 59% from RMB5.9 billion in the third quarter of 2015.

Loss from operations for the third quarter of 2016 was RMB416.2 million (US$62.4 million), contrast to RMB667.2 million for the same period last year. Non-GAAP income from operations[3] for the third quarter of 2016 was RMB401.0 million (US$60.1 million), as contrast to non-GAAP loss from operations of RMB179.6 million in the third quarter of 2015. Non-GAAP operating margin of JD Mall[4] for the third quarter of 2016 was 1.1%, contrast to 0.7% for the third quarter of 2015.

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