HARRISBURG, Pa., May 29- Chevron Corp. has paid a reported $5 million to settle a lawsuit filed last year by the parents of a worker who was burnt to death in a gas well fire in western Pennsylvania. Local media reported the $5 million settlement, saying it had been approved by a judge in Allegheny County Court of Common Pleas in Pittsburgh earlier this month.
Some of the names on the move ahead of the open.
JANA Partners, Barry Rosenstein's $8 billion activist hedge fund firm, has a new target: energy industry equipment maker Cameron International Corp.
Some of Tuesday's midday movers:
David Henwood, chief investment officer at Raymond James, tells CNBC how his team of analysts come up with market-beating stock picks each year.
Stay away from consumer-focused companies, Ron Sloan of Invesco says.
Check out which companies are making headlines after the bell Monday:
In a note to clients, Goldman Sachs strategist David J. Kostin on Wednesday identified what he thinks are the top 40 most undervalued stocks.
The "Fast Money" traders share their final trades of the day.
After the huge spill back in 2010, Cramer examines which Gulf plays may be worth owning today.
First, a soft ISM, now a soft ADP and soft ISM Services. Weaker economic data and global growth fears weigh on markets.
A long-awaited trial over the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming BP Plc mostly for the 2010 disaster that killed 11 rig workers and spilled 4 million barrels of oil into the Gulf of Mexico.
*JP Morgan cuts Rowan Companies PLC to underweight from neutral. *JP Morgan raises Rowan Companies PLC price target to $39 from $38. *JP Morgan cuts Schlumberger price target to $83 from $84; rating overweight.
Stocks entered the final hour of the week mixed, with the Dow weaker on pressure from IBM and investors weighing the significance of yet another ratings agency warning on debt.
US stock index futures pointed to a higher open on Wall Street Friday despite a downgrade by Fitch Ratings of Goldman Sachs, Bank of America and five other large banks based in Europe and the US, citing "increased challenges" in the financial markets.
S&P futures popped about 6 points when initial jobless claims for the week, at 398,000, were lighter than expected. Stocks are oversold—some agreement on the debt ceiling should lead to a gap up.
Cameron International has been under pressure since March, but last week it started to push higher as option traders turned bullish on the oil and gas name.
From the entire S&P 500, which stocks are analysts expecting to have the biggest pops? Find out!
What follows is a roundup of corporate earnings reports for Thursday, April 28.
The volatility switch has flipped in the energy sector, creating opportunities for investors ready to buy at increasingly attractive entry points in what may be a repeat of the 2008 mega-rally.