U.S. stocks were setting up for a sharply higher open on Friday, following the first rate cut by China's central bank in more than two years.» Read More
Dec 17- Canadian oil producers Husky Energy Inc and Penn West Petroleum Ltd slashed their 2015 capital budgets due to a slide in crude oil prices. Penn West, one of Canada's largest conventional oil producers, also cut its dividend to 3 Canadian cents per share from 14 Canadian cents. Penn West and Husky join several Canadian oil producers such as Cenovus Energy...
Dec 17- Husky Energy Inc, Canada's No. 3 integrated oil company, said it expects its capital spending to drop by a third in 2015 compared with 2014, becoming the latest Canadian producer to scale back spending as oil prices fall. Husky, controlled by Hong Kong billionaire Li Ka- shing, said it would spend about $3.4 billion in 2015, with about three-quarters going...
China immediately denied the charges, saying in a strongly worded Foreign Ministry statement the U.S. grand jury indictment was "made up" and would damage trust between the two nations. The indictment was the first criminal hacking charge that the United States has filed against specific foreign officials, and follows a steady increase in public criticism and...
WASHINGTON, Nov 20- U.S. lawmakers should look into options for punishing cyber-spying and the theft of trade secrets from U.S. companies, a congressional advisory committee on China said on Thursday. Congress should ask U.S. trade officials to report on whether they had power to sanction companies that benefited from stealing trade secrets, the U.S.-China...
The deal with Kuwait Foreign Petroleum Exploration Co helps Chevron reduce production risk and gives it more capital to increase drilling in Alberta's Duvernay shale formation, one of North America's largest shale deposits. Chevron's Canadian subsidiary has exploration leases for about 330,000 net acres in the Duvernay shale formation.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
It's early, but already we are hearing that third quarter earnings and fourth-quarter guidance will be a disappointment.
NEW YORK-- Shares of metal producer Allegheny Technologies Inc. fell Wednesday after it reported third-quarter net income tumbled 43 percent and warned its fourth-quarter earnings will fall below the most recent quarter's results.
*Longbow starts Allegheny Technologies, Carpenter Technology. *Longbow starts RTI International Metals, Titanium Metals Corp. Reuters Station users, click. 1568.
The Dow is up. Unemployment is down. Car sales are booming, consumer spending has risen, and even home values have started to stabilize. However, the recession isn’t quite over yet. Here is a tally of “the worst” so far in 2012.
With year's end just a month away, relative strength is one of the best tools we have to identify stocks that are likely to beat the market in 2012.
Here's why you should keep a close eye on these six stocks.
The "Mad Money" host suggested the demise of the al Qaeda chief could help push stocks higher.
What follows is a roundup of corporate earnings reports for Wednesday, April 27.
Stocks closed down, although off the lows of the day, as tech stocks dragged down the market amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel sank, while McDonald's gained.
Stocks eased losses in the final hour of trading, although remained lower, as tech stocks fell particularly hard amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel fell, while 3M rose.
Stocks extended losses amid volatility in oil prices, and as technology stocks slumped. Disney and Alcoa fell, while Exxon rose.
"Factors and risks are overwhelmingly positive" now, said Binky Chadha, chief US equity strategist at Deutsche Bank.
Plus, get calls on the “powerful bull market” taking place right now.