Some of the names on the move ahead of the open.» Read More
BP PLC rose$. 13 or. 3 percent, to $39.08. ConocoPhillips rose$. 23 or. 3 percent, to $70.36. Exxon Mobil Corp. fell$. 32 or. 3 percent, to $93.46.
BP PLC fell$. 06 or. 2 percent, to $38.89. ConocoPhillips rose$. 23 or. 3 percent, to $70.36. Exxon Mobil Corp. rose$. 35 or. 4 percent, to $94.13.
*Initial jobless claims fall for fourth straight week. *Biotech shares rebound after sharp two-day decline; energy falls. NEW YORK, Dec 24- U.S. stocks closed flat in a short session on Wednesday as investors found few reasons to push major indexes to their sixth straight day of gains despite strength in biotechs and bullish labor market data.
*Initial jobless claims fall for fourth straight week. *Equity markets close at 1 p.m. in holiday-shortened session. NEW YORK, Dec 24- U.S. stocks edged higher on Wednesday, with the Dow and S&P 500 at records and on track for a sixth straight daily advance as biotech stocks rallied and data pointed to improving economic conditions.
BP PLC fell$. 11 or. 3 percent, to $39.01. ConocoPhillips fell $1.82 or 2.6 percent, to $69.23. Exxon Mobil Corp. fell $1.11 or 1.2 percent, to $93.48.
The "Fast Money" traders give their final trades of the day.
BP PLC rose$. 02 or. 1 percent, to $39.12. ConocoPhillips rose $1.53 or 2.2 percent, to $71.05. Exxon Mobil Corp. rose $1.26 or 1.4 percent, to $94.59.
Its exclusive roster runs from American Express to Walt Disney. Charles H. Dow created his index, in part, to make the market easier to understand. The original Dow Jones industrial average had 12 big businesses including American Cotton Oil, National Lead and Laclede Gas Light Co. Dow first published his average on May 26, 1896; later that year, The Wall Street...
BP PLC fell$. 06 or. 2 percent, to $39.04. ConocoPhillips rose $1.67 or 2.4 percent, to $71.19. Exxon Mobil Corp. rose $1.30 or 1.4 percent, to $94.63.
Big oil stocks are still not cheap, but it may be more useful to look at capital expenditures and production estimate metrics.
If you think Buffett has lost his touch—with IBM, Coke and Exxon bets all dogs—then why is Berkshire Hathaway crushing the S&P 500 in 2014?
BP PLC fell$. 30 or. 8 percent, to $39.10. ConocoPhillips fell $1.46 or 2.1 percent, to $69.52. Exxon Mobil Corp. fell$. 31 or. 3 percent, to $93.33.
HOUSTON, Dec 22- Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in check. With oil prices down more than 40 percent since June, some companies, including ConocoPhillips, have slashed spending by 20 percent.
BP PLC fell$. 52 or 1.3 percent, to $38.88. ConocoPhillips fell $2.24 or 3.2 percent, to $68.74. Exxon Mobil Corp. fell$. 87 or. 9 percent, to $92.78.
Some of Monday midday movers:
*Kudrin: Russia didn't tackle problems fast enough. *Russia to be downgraded to' junk' status next year. MOSCOW, Dec 22- Russia's government has pushed the country into an economic crisis by not tackling its financial problems fast enough, former finance minister Alexei Kudrin said on Monday, as evidence mounted of trouble spreading through the economy.
BP PLC fell$. 57 or 1.4 percent, to $38.83. ConocoPhillips fell $1.94 or 2.7 percent, to $69.04. Exxon Mobil Corp. fell$. 27 or. 3 percent, to $93.37.
*Australia's plan to become top LNG exporter still on track. Just last week, Woodside Petroleum Ltd delayed the FID for its $40 billion Browse floating project with Royal Dutch Shell and BP. The next cab off that rank could be ExxonMobil and BHP Billiton's $10 billion Scarborough project.
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