ConocoPhillips (NYSE:COP) Q3 adjusted earnings fell as oil prices declined and operating costs rose, but the result beat analysts' expectations. On a GAAP basis, earnings at the oil exploration and production company were $2.7 billion, or $2.17 per share, compared with $2.5 billion, or $2.00 per share, a year ago. Excluding special items, primarily a gain from the sale of its Nigerian operations, adjusted earnings were $1.6 billion, or $1.29 per share, compared with $1.8 billion, or $1.47 per share. Analysts had been looking for $1.19.The company's total realized price was $64.78 per barrel of oil equivalent (BOE), compared with $69.68 per BOE in the third quarter of 2013. Q4 production rose 4% to 1,473 MBOED from continuing operations, excluding Libya. ConocoPhillips (NYSE:COP) said the company is on track to meet its previously stated growth target of 3 to 5% volume and margin growth in 2014. Full-year 2014 production from continuing operations, excluding Libya, is expected to be approximately 1,525 to 1,535 MBOED.Glu Mobile Inc. (NASDAQ:GLUU) said that for Q3, or the quarter ended Sept. 30, 2014, earnings were better than expected, while revenue fell short of analysts' expectations; it provided guidance for Q4 below Street estimates. Shares are trading with a 52-week range of $2.98 - $7.60. The company, which designs, markets and sells mobile games, reported Q3 GAAP net income of $10.6 million or $0.10 per share, compared with the prior-year period's net loss of $8 million or $0.11 loss per share. Non-GAAP net income was $17.5 million or $0.17 per share, versus net loss of $4.7 million or $0.07 loss per share in the same quarter the previous year. The Capital IQ analyst estimate is for $0.11 earnings per share.Glu Mobile Inc. (NASDAQ:GLUU) revenue was $83.6 million, up 270% from $22.6 million in the same quarter last year. Analysts were expecting revenue of $85.19 million. The company expects Q4 EPS of $0.01 - $0.03, ex non-recurring items, on revenue of $60 million - $65 million. The Street view is for $0.04 EPS on revenue of $65.48 million.Sears Holdings Corp (NASDAQ:SHLD) said it has filed a prospectus supplement with the Securities and Exchange Commission in connection with the company's previously announced rights offering of up to $625 million in aggregate principal amount of 8% senior unsecured notes due 2019 and warrants to purchase shares of its common stock. Under the terms of the rights offering, Sears Holdings Corp (NASDAQ:SHLD) is planning to distribute to its stockholders, at no charge, one transferable subscription right for every 85.1872 shares of the company's common stock held of record as of 5:00 p.m., New York City time, on October 30, 2014, the previously announced record date. SHLD trades in a 52-week range of $24.10 to $67.50.
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