Suncor Energy Inc
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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HOUSTON/ NEW YORK, May 20- For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. News from two of the country's less developed shale plays in Colorado and Ohio last week offer a reality check for the wave of euphoria that has washed across the industry.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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Light synthetic crude from the oil sands last traded at a discount of $0.80 per barrel under WTI, down from a settlement price on Friday of $3.00 per barrel over the benchmark. Suncor Energy Inc's 140,000 barrel per day refinery in Edmonton, Alberta, was in full shutdown.
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*Onex climbs after making takeover move. TORONTO, May 6- Canada's main stock index climbed for a third straight session on Monday as financial and industrial shares gained, and energy companies' stocks rallied after oil prices rose on Middle East tensions.
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"We believe Apple is about to change the narrative and get investors, analysts, customers and the media finally talking about new products again- starting with a software/services/Mac event on June 10th and a likely iPhone/iPad event in September," analysts led by Ben Reitzes said in a note to clients. **MBIA INC, $14.10, up 43.4 pct** BANK OF AMERICA CORP, $12.74, up 4 pct.
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*Onex climbs after making takeover move. TORONTO, May 6- Canada's main stock index advanced for a third straight session on Monday, led by stronger financial shares and by gains in resource companies after some commodity prices rose. A jump in Penn West Petroleum Ltd.
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The business software maker said it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion. **BERKSHIRE HATHAWAY INC, $166,483.7, up 2 pct;, $110.90, up 2 pct. **ARKANSAS BEST CORP, $13.51, up 28 pct.
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**MBIA INC, $14.10, up 43.4 pct** BANK OF AMERICA CORP, $12.74, up 4 pct. Bond insurer MBIA and Bank of America have reached a settlement in their ongoing legal disputes, and BofA will pay MBIA $1.6 billion in cash, a source familiar with the matter said.
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The business software maker said it agreed to be acquired by a private equity group led by Bain Capital and Golden Gate Capital Corp for about $6.9 billion. **BERKSHIRE HATHAWAY INC, $166,483.7, up 2 pct;, $110.90, up 2 pct. **ARKANSAS BEST CORP, $13.51, up 28 pct.
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*Air Canada slips after reporting drop in quarterly revenue. TORONTO, May 3- Canada's main stock index closed higher on Friday, but off the three-week high it hit earlier on the day when a stronger-than-expected U.S. jobs report galvanized the market.
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TORONTO, May 3- Canada's main stock index rose more than 1 percent to hit a three-week high on Friday with gains across all major sectors as investors cheered a stronger-than-expected U.S. jobs report. "People seem to have had some of their faith rekindled and restored," said Fred Ketchen, director of equity trading at ScotiaMcLeod. "
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*Gasoline unit at Edmonton refinery shut for repair. CALGARY, Alberta, May 2- Suncor Energy Inc, Canada's largest oil company, said on Thursday that some of its retail stations in Western Canada have run out of gasoline because work at the company's Edmonton, Alberta, refinery cut the 140,000 barrel per day facility's ability to produce the fuel.
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*Berenberg raises price target to 60.40 euros from 60 euros; rating hold. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
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*Talisman, Cameco decline after earnings reports. *Tim Hortons jumps 4 percent after investor turns activist. TORONTO, May 1- Canada's main stock index fell more than 1 percent on Wednesday, hurt by sluggish economic data from China that yanked commodity prices lower and by weak earnings reports from some of the country's biggest companies.
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*June WCS last seen at $19.25/ bbl under WTI. Light synthetic crude from the oil sands last traded at a premium of $0.75 per barrel over WTI, down from a settlement price on Tuesday of $3.00 per barrel over the benchmark. Canadian Natural Resources Ltd plans a 24- day shutdown of its 115,000 bpd Horizon oil sands upgrader in northern Alberta due to begin in early May.
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*Yamana Gold down 9 percent after profit drops. TORONTO, May 1- Canada's main stock index fell on Wednesday, hurt by weak economic data from China that drove commodity prices lower and disappointing earnings reports from some of the country's biggest companies.
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May 1- Suncor Energy Inc:. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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*More crude sailing from US Gulf Coast to Canada. NEW YORK/ LONDON, May 1- Oil traders including commodities giant Trafigura and Australian bank Macquarie have quietly begun shipping U.S. crude oil from Texas to Canada, raising the ire of U.S. East Coast refiners who may pay four times as much for a similar voyage.
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*CGI Group jumps 18 percent after results. TORONTO, April 30- Canada's main stock index recorded its second-biggest percentage jump of the year so far on Tuesday, boosted by gains in almost all main sectors and in Suncor Energy Inc. An 18 percent jump in CGI Group Inc.