GDP data Wednesday is expected to show a slow-moving, zombie-like economy, as the Fed meets for a second day.
Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
Check out which companies are making headlines after the bell Wednesday:
Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
One options trader has made a bet that Hess's rally would continue. Should you follow suit?
Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.
Dan Loeb's Third Point was the clear hedge fund standout in a horrible year for the industry as almost nine out of 10 managers underperformed the S&P 500.
A few companies appear likely to dole out payments before year end, the CNBC “Fast Money” pros said Tuesday.
NEW YORK-- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:. Murphy Oil Corp., up $4.74 at $63.74. Murphy Oil is spinning off its retail gasoline business into a separate company to focus on oil exploration and production.
EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy Oil will continue to explore for and produce oil in the U.S., Canada and Malaysia.
EL DORADO, Ark.-- Murphy Oil is splitting in two in order to better focus on the separate tasks of exploration and production, and the sale of gasoline and other goods through its retail locations. Murphy will become an independent oil exploration and production company focused on the U.S., Canada and Malaysia.
WASHINGTON, Oct 11- Activist investor fund Third Point has won U.S. antitrust approval to buy an unspecified stake in Murphy Oil Corp, the Federal Trade Commission said on Thursday.
Crude prices will continue to drop, but gas prices won’t because of tight refinery capacity, Strategic Energy Advisors Chairman Tom Petrie said Friday on CNBC.
Oct 5- Murphy Oil Corp:. *Deutsche Bank raises Murphy Oil Corp price target to $62 from $56;. Reuters Station users, click. 1568.
U.S. stocks rose for a fourth session on Thursday following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis and in support of the euro. **COLLABRX INC, $6.9, up 83.3 pct.
U.S. stocks rose at the open after labor market data came in within expectations and following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis. **NUVASIVE INC, $14.9, down 34 pct.
*Murphy Oil says in "ongoing dialogue" with shareholders. NEW YORK, Oct 4- Murphy Oil Corp said on Thursday it has been talking with its shareholders, including Third Point LLC, whose fund manager Daniel Loeb has suggested Murphy shares could be higher.
U.S. stock index futures added to gains after European Central Bank President Mario Draghi said growth risks are on the downside and should be contained by effective policymaker action. Brokerages Canaccord Genuity, Robert W. Baird& Co, Mizuho Securities USA, BMO Capital Markets and ThinkEquity Llc cut their price targets on the stock.
Oct 4- Murphy Oil Corp:. *Responds to third point investor letter. *Says recently met with a number of investors including third point llc.