Top News & Analysis Colorado

More

  • GREELEY, Colo. _ Pilgrim's Pride Corp. on Wednesday reported second-quarter earnings of $152.9 million. Pilgrim's Pride shares have risen 10 percent since the beginning of the year. Keywords: Pilgrim's Pride, Earnings Report.

  • DENVER _ QEP Resources Inc. on Wednesday reported a loss of $197 million in its second quarter. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 38 cents per share. QEP Resources shares have increased 25 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 6 percent.

  • July 27- Whiting Petroleum Corp, North Dakota's largest oil producer, posted a worse-than-expected quarterly loss on Wednesday as production fell and crude prices dropped. Whiting posted a second-quarter net loss of $301 million, or $1.33 per share, compared with a net loss of $149.3 million, or 73 cents per share, in the year-ago period. Excluding $1.4 million in...

  • DENVER _ Whiting Petroleum Corp. on Wednesday reported a loss of $301 million in its second quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 48 cents per share. Ten analysts surveyed by Zacks expected $379 million.

  • LONDON, July 27- SABMiller has told employees to pause the integration of its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. Still, AB InBev's U.S.-listed shares fell 3 percent and shares of Molson Coors, which is set to take over SAB's U.S. operations, fell 5...

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged on weak demand during the peak summer driving season. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of falling 2.3 million barrels as forecast.

  • NEW YORK, July 27- Oil prices tumbled 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles soared 1.7 million barrels last week, instead of...

  • LONDON, July 27- SABMiller has asked employees to pause the process of integrating its operations with those of Anheuser-Busch InBev as the brewer's board weighs its sweetened takeover offer, according to two sources familiar with the matter. Still, AB InBev's U.S.-listed shares fell nearly 4 percent and shares of Molson Coors, which is set to take over SAB's...

  • NEW YORK, July 27- Oil prices tumbled as much 3 percent on Wednesday, with U.S. crude futures hitting three-month lows, as U.S. crude and gasoline stocks surged despite the peak summer driving season as weak demand and profits forced refinery cutbacks. The U.S. Energy Information Administration said crude stockpiles rose 1.7 million barrels last week, instead of...

  • NEW YORK, July 27- Oil prices tumbled 2 percent on Wednesday, hitting two-month lows, after a surprise build in U.S. crude and gasoline inventories despite the peak summer driving season as refiners cut production amid faltering demand and profits. The U.S. Energy Information Administration said crude stockpiles rose 1.7 million barrels last week, instead of...

  • NEW YORK, July 27- Oil prices tumbled 2 percent on Wednesday, hitting two-month lows, after a surprise build in U.S. crude and gasoline inventories despite the peak summer driving season as refiners cut production amid faltering demand and profits. Brent was down $1.05, or 2.3 percent, at $43.82 a barrel by 11:49 a.m. EDT after hitting $43.62 earlier, its lowest...

  • West Texas Intermediate crude futures fell about 1 percent or more earlier in the session, reacting to a U.S. crude draw of 827,000 barrels for the week to July 22 reported by trade group American Petroleum Institute late Tuesday. That figure was well short of the 2.3 million-barrel draw that analysts expect the U.S. government's Energy Information...

  • BROOMFIELD, Colo. _ Level 3 Communications Inc. on Wednesday reported second-quarter net income of $149 million, after reporting a loss in the same period a year earlier. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Seven analysts surveyed by Zacks expected $2.08 billion.

  • The real estate investment trust, based in Highlands Ranch, Colorado, said it had funds from operations of $129.6 million, or 44 cents per share, in the period. The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 44 cents per share. Four analysts surveyed by Zacks expected $236.7 million.

  • NEW YORK, July 26- U.S. single-family home prices rose less than expected on an annual basis in May, and were down from the prior month, a survey showed on Tuesday. "Overall, housing is doing quite well," said David M. Blitzer, managing director and chairman of the index committee at S&P Dow Jones Indices. Home prices in three U.S. cities- Denver, Seattle and Portland, Oregon-...

  • WASHINGTON— U.S. home prices extended their steady upward march in May, spurred by rising sales and a dwindling supply of available houses. "Sellers are in the driver's seat, as buyers contend with fierce competition and very fast-moving markets," Svenja Gudell, chief economist at real estate data provider Zillow, said. Portland, Oregon, Seattle, and Denver posted...

  • DENVER _ Janus Capital Group Inc. on Tuesday reported second-quarter profit of $39 million. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • GRAND JUNCTION, Colo.— Two western Colorado counties have been chosen to get technical assistance from the state to promote tourism after the downturn in the energy industry devastated their local economies, and a third county has received help with its outdoor recreation industry. Donna Lynne said the state is using its resources and developing...

  • SAN FRANCISCO, July 21- Agriculture technology startup Indigo has raised $100 million in a new round of funding, bringing its total financing to more than $150 million, a sign of growing investor interest in new ways to ease food scarcity. The $100 million investment led by the Alaska Permanent Fund, a $54.3 billion fund owned and managed by the state of Alaska, is...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 371 rigs sought oil and 88 explored for natural gas this week. Among major oil- and gas-producing states, Texas gained 15, California was up by two and New Mexico gained one. Arkansas, Colorado, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.