The CBOE Volatility Index, the market's so-called fear gauge, stretched over a 22 percent range in each of the last two weeks, its first such streak since March.» Read More
*Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder- activist investor Elliott Management- to break up the company.
Morgan Stanley has identified some 40 stocks that could be candidates for tender offers in the next 12 months using its new quantitative model.
In Montana's oil country, some teenagers are choosing the oil fields over universities, forgoing higher education for jobs with salaries that can start at $50,000 a year.