Take a look at some of Thursday's midday movers:» Read More
Shares of Nabors Industries dipped 2.4 percent and shares of Chesapeake Energy fell 2.1 percent. "If you look at the price action it the energy/commodity space, the market seems to be tracking that pretty closely," said Art Hogan, chief market strategist at Wunderlich Securities in New York.
NEW YORK, Sept 11- Nabors Industries was the biggest percentage decliner on the S&P 500 Thursday after Pamplona Capital Management LLP said its private equity fund had sold a stake of about 8.5 percent in the oilfield services provider. Pamplona Capital is Nabors' largest shareholder, according to Thomson Reuters data.
But away from the bad-tempered litigation in U.S. courts, which has dominated the news about Argentina for months, the country is experiencing an oil drilling boom as international companies seek to cash on its huge shale resources.
Xunlei Limited, one of China's largest internet companies, priced its IPO last night—one day early (it was expected to price tonight).
Check out which companies are making headlines after the bell Monday: Micron Technology, Sonic & more
CHICAGO, June 23- Despite the incendiary conflict in Iraq that last week sent the benchmark price of Brent crude oil to more than $115 a barrel, a nine-month high, U.S. stock markets largely shrugged off the oil threat, hitting record closing highs last week.
The median pay package for a CEO rose above eight figures for the first time last year.
Here are the 10 highest-paid CEOs of 2013, as calculated by The Associated Press and Equilar, an executive pay research firm.
Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of close to 5 percent in certain stocks, such as Nabors Industries Ltd..
The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of up to about 5 percent in certain stocks, such as Nabors Industries Ltd..
Headlines after the bell: T, AMGN, VMW
The U.S. energy renaissance has coincided with a boom in energy-related stocks, one that investors are starting to notice.
WEST CHESTER, Pennsylvania, April 15- The backbreaking life of a roughneck, the iconic worker bees of oilfield drilling rigs, is getting a little easier.
Some of Monday midday movers:
April 14- Oilfield services and drilling company Nabors Industries Ltd said it would separate the roles of chairman and chief executive after the tenure of CEO Anthony Petrello ends and limit severance payments for executives. Shareholders California State Teachers' Retirement System and Blue Harbour Group welcomed the steps.
April 14- Oilfield services and drilling company Nabors Industries Ltd said it would separate the roles of chairman and chief executive after the tenure of CEO Anthony Petrello ends, following shareholder requests. Nabors also said it was limiting severance payments for executives to 2.99 times their salary and bonus.
All week, Jim Cramer has been comparing best performing stocks ytd, in an attempt to see if any have more room to run.
Jim Cramer looks at the 4 top performing stocks in the S&P ytd, to determine which, if any, are likely to continue their moves higher.