Bespoke's Paul Hickey takes a look at why S&P 500 stocks with the highest dividends may not be your best bet.» Read More
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Albemarle Corp. fell 13.7 percent to $47.77. Ocwen Financial Corp. fell 11.2 percent to $5.77.
NEW YORK, Dec 31- U.S. stocks fell on Wednesday as crude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains. The best-performing S&P component in 2014 was Southwest Airlines Co up 124.6 percent, while Transocean Ltd, down 62.9 percent, was the worst. "The fact of the matter is markets put in a solid year in spite of...
NEW YORK, Dec 31- U.S. stocks were little changed on Wednesday, putting major indexes on track to close out 2014 just off record levels, as crude oil prices continued their descent. Brent shed 1.7 percent to $56.88. Diamond Offshore fell 2.6 percent to $37.08 and Noble Corp was off 2.3 percent at $16.65.
Some of Tuesday's midday movers:
Dec 8- Precision Drilling Corp said it expected 2015 capital spending to be 44 percent lower than this year's already lowered budget as a steep fall in oil prices threaten to render exploration and development project uneconomic. Precision Drilling, Canada's largest oil and gas drilling contractor, said it expected to spend C $493 million next year.
*Dow, S&P 500 hit intraday and closing records. NEW YORK, Dec 3- U.S. stocks rose on Wednesday, with both the Dow and S&P 500 ending at records, as data pointed to improving conditions in the U.S. services sector, boosting cyclical stocks. Both the Dow and S&P also ticked to intraday records in a quiet session, with many traders looking ahead to tomorrow's key meeting of the...
Take a look at some of Wednesday's midday movers:
NEW YORK, Dec 3- U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy. Cimarex Energy was the S&P 500' s top percentage gainer, up 5.9 percent at $108.98. Diamond Offshore rose 3.7 percent to $31.46.
Stocks rose Monday, after October gains left the Dow Jones Industrial Average and S&P 500 at records.
Nov 3- Hotel, energy and financial services conglomerate Loews Corp reported a 26 percent drop in quarterly profit due to lower investment income and weaker earnings from its oil rig and insurance subsidiaries. Net income attributable to Loews fell to $208 million, or 55 cents per share, in the third quarter ended Sept. 30, from $282 million, or 73 cents per share, a...
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Oil companies have yet to cut production and capital expenditures amid low oil prices. But if oil drops furthers, that could change.
Good earnings and improving economic data are causing money to pile into the U.S. stock market.
Some of Thursday's midday movers:
Oct 23- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs. Diamond Offshore said Petrobras has extended contracts on three ultra-deepwater rigs, which are expected to generate revenue of up to $1.4...
Oct 23- Rig contractors Diamond Offshore Drilling Inc and Patterson-UTI Energy Inc reported big drops in quarterly profits, hurt by one-time charges to retire some old rigs. Offshore driller Diamond Offshore recorded a non-cash impairment charge of $109 million, pushing its third-quarter net income down 44 percent. Diamond Offshore said on Thursday it had...
Oct 23- Diamond Offshore Drilling Inc reported a lower third-quarter profit, hurt by a non-cash impairment charge of $109 million before tax as a result of retiring and scrapping six semisubmersible rigs. Net income fell to $52.6 million, or 38 cents per share, in the quarter ended Sept. 30, from $94.7 million, or 68 cents per share, a year earlier.
Take a look at some of Friday's midday movers.
Take a look at some of Wednesday's midday movers.
*Berkshire Hathaway shares up after results. NEW YORK, Aug 4- U.S. stocks were slightly positive in trading on Monday afternoon, boosted by earnings including Berkshire Hathaway's results, though gains were offset by drops in high-dividend payers in the utilities sector.