Jim Cramer is gearing up for earnings next week, especially the oil companies.» Read More
Japan's economy unexpected fall into recession increases the likelihood of demands for further stimulus.
NEW YORK, Nov 14- Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said. The Baker Hughes/ Halliburton talks have stalled after the companies weren't able to agree on issues including...
Stocks are up despite weak market internals. Much of the Dow's gain is due to Visa and utilities are leading the S&P 500.
Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders at a unit that make rigs and drilling components fell 60 percent, overshadowing a better-than-expected quarterly profit. Orders in National Oilwell's rig systems segment, which accounts for nearly half its total revenue, fell to $1.34 billion in the third quarter from...
The Federal Reserve upgraded its outlook for the U.S. economy, but business and real estate investment and personal consumption dropped.
Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit as its rig systems business readied more oil and gas wells for production. Land drillers Nabor Industries Ltd and Patterson-UTI Energy Inc reported a jump in revenue last week, helped by increased drilling activity.
Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 10 percent rise in quarterly profit, helped by strong performance in its rig technology business that readies oil and gas wells for production. Net income attributable to the company rose to $699 million, or $1.62 per share, in the third quarter ended Sept. 30, from $636...
A couple of old-tech stocks offered a good deal of value, portfolio manager Matthew McLennan says.
After energy shares led the recent stock market selloff, investors are eyeing earnings to see if the sector can pull itself out of the pit.
Profit growth expectations for S&P 500 energy companies have fallen more than any other sector- from a forecast of 13.8 percent on July 1 to the current 1.8 percent, Thomson Reuters data showed. With various names due to report next week, including Exxon Mobil, Chevron, ConocoPhillips and National Oilwell Varco, there are hopes that executives will suggest that...
STAVANGER, Norway, Aug 27- The rate of oil discoveries continues to disappoint after a record low last year and firms could even cut their exploration budgets to save on costs, a risk to long-term supplies and prices, industry executives said.
If you’re looking for niche play on the energy renaissance, Cramer thinks this stock may belong on your radar.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. DirecTV is awaiting regulatory approval to sell itself to AT&T for $48.5 billion.
Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.
Cramer likes to review the S&P 500’s Daily Action Charts in an effort to find stocks that could work higher.
Cramer loves stock ideas. And he found more than his fair share at CNBC’s “Delivering Alpha” conference on Wednesday.
The "Fast Money" traders share their final trades of the day.
Larry Robbins' big idea for companies is debt—loads of debt at a time when rates are still low but ready to rise.
Recent bets on big oil and gas stocks show Warren Buffett and his stock-picking lieutenants are open to a wider range of energy investments.
Some of Thursday's midday movers: