Oil companies are cutting dividends. Banks are a mess. Apple's dividend is the best stock income bet going, and it's about to get bigger.» Read More
NEW YORK— OPEC and lower global oil prices delivered a one-two punch to the drillers in North Dakota and Texas who brought the U.S. one of the biggest booms in the history of the global oil industry. "Everybody gets a little more imaginative, because they need to," says Hans-Christian Freitag, vice president of technology for the drilling services company Baker...
BP PLC rose$. 23 or. 6 percent, to $40.33. ConocoPhillips rose$. 16 or. 3 percent, to $64.00. Exxon Mobil Corp. rose $1.00 or 1.2 percent, to $85.54.
--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, March 23- Is liquefied natural gas the next iron ore or coal, destined for an extended period of weak prices amid a shift from market deficit to structural oversupply? Spot prices have recovered slightly recently, trading at $7.70 per million British thermal units last week, up from the record low of...
Energy is the economic lifeblood of Russia, which vies with the United States and Saudi Arabia to be the world's top oil producer, and the sector is the main target of Western sanctions over Moscow's role in the conflict in Ukraine. Russia could respond by squeezing the gas exports on which Europe relies heavily. "If you start playing around with oil prices, Russia...
BP PLC rose $1.13 or 2.9 percent, to $40.10. ConocoPhillips rose $1.08 or 1.7 percent, to $63.84. Exxon Mobil Corp. rose$. 13 or. 2 percent, to $84.54.
BP PLC rose $1.47 or 3.8 percent, to $40.44. ConocoPhillips rose $1.24 or 2.0 percent, to $64.00. Exxon Mobil Corp. rose$. 85 or 1.0 percent, to $85.26.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 1 percent to $33.23 with 35,906,800 shares traded. Alcoa Inc. rose. 1 percent to $12.97 with 35,742,600 shares traded.
BP PLC rose$. 78 or 2.0 percent, to $39.75. ConocoPhillips rose$. 82 or 1.3 percent, to $63.58. Exxon Mobil Corp. rose$. 65 or. 8 percent, to $85.06.
Employees at 11 non-financial companies in the Standard & Poor's 500 brought in more revenue apiece than any other in America. USA TODAY reports.
BEIJING— Stock markets in Asia and Europe were mostly higher Friday after a slide in oil prices drove a Wall Street decline. KEEPING SCORE: In early trading, Germany's DAX added 0.4 percent to 11,950.11 points and France's CAC-40 rose 0.1 percent to 5,041.82. Benchmarks in Sydney, New Zealand and Singapore also rose.
US crude oil has plummeted in recent months. "Fast Money" traders discussed how to trade the low price environment.
Stocks closed mostly lower Thursday, led by declines in the energy sector as the price of oil resumed a long-term slide. Exxon Mobil and Chevron were among the biggest decliners in the Dow Jones industrial average. The Dow lost 117.16 points, or 0.6 percent, to 17,959.03.
U.S. stocks closed mixed on Thursday as investors weighed the Federal Reserve statement that indicated a rate hike would come gradually.
BP PLC fell$. 30 or. 8 percent, to $39.05. ConocoPhillips fell$. 98 or 1.5 percent, to $62.66. Exxon Mobil Corp. fell $1.43 or 1.7 percent, to $84.64.
NEW YORK, March 19- A New Jersey bill that calls for more money from environmental settlements to fund cleanups moved to the full state Assembly on Thursday in the wake of a controversial $225 million deal with Exxon Mobil Corp.. A state Assembly committee released the bill, which was already approved by the New Jersey Senate. Governor Chris Christie, a likely...
NEW YORK— Stocks are closing mostly lower, led by declines in the energy sector as the price of oil resumes a long-term slide. Exxon Mobil and Chevron were among the biggest decliners in the Dow Jones industrial average. Crude oil fell $1.12 to $45.53 a barrel in New York.
*Lennar, Guess post strong quarterly earnings. NEW YORK, March 19- U.S. stocks fell on Thursday as energy shares slumped, with the broad S&P 500 handing back some gains from the prior session sparked by a policy statement from the Federal Reserve that was more dovish than expected. "The Fed has painted themselves into a bit of a corner here," said Keith Bliss, senior...
BP PLC fell$. 48 or 1.2 percent, to $38.87. ConocoPhillips fell$. 74 or 1.2 percent, to $62.90. Exxon Mobil Corp. fell$. 94 or 1.1 percent, to $85.13.
*Lennar, Guess post strong quarterly earnings. NEW YORK, March 19- U.S. stocks opened modestly lower on Thursday in the wake of a rally in the prior session after the Federal Reserve cut economic growth and inflation projections and indicated it was in no rush to hike interest rates. But investors will now seek signs of improvement in the U.S. economy after Yellen "...
Apple Inc. was added to the Dow after the market closed Wednesday. Apple, based in Cupertino, California, has a market value of $748 billion. That's more than double the value of Exxon Mobil, a fellow Dow member and the world's second-most-valuable company.