Stay away from consumer-focused companies, Ron Sloan of Invesco says.» Read More
Talking Squawk looks at our big interviews with Daryl from "The Walking Dead", Jack Welch, Jim Chanos and T. Boone Pickens. Plus, we debate the merits of megayachts versus kayaks.
Sept 24- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said it planned to spin off its oilfield production equipment distribution business into a new publicly traded company.
Reforms that would open up Mexico's energy industry were less aggressive than some oil companies would have liked, but the proposed changes are still likely to have their winners.
The "Fast Money" traders share their final trades of the day.
LONDON, Aug 9- The balance of power between host countries and petroleum companies has shifted decisively as a result of the shale revolution and the push into deepwater oil and gas fields off the coast of Latin America and Africa.
In a note to clients, Goldman Sachs strategist David J. Kostin on Wednesday identified what he thinks are the top 40 most undervalued stocks.
Joe Terranova of Virtus Investment Partners says stocks will keep rising even after the Federal Reserve begins to taper next month.
*China hopes overseas expertise will help unlock massive shale resources.
After beating the Street and showing promise on mobile and social, Yelp is the perfect takeout target for Apple, CNBC's Jim Cramer said.
Following Facebook's surprising earnings release and strong conference call, Cramer said the company's stock is on a strong trajectory to trade back up to its IPO price.
July 24- The Department of Justice is examining potential antitrust issues in the U.S. market for pressure pumping services, which are used in hydraulic fracturing, according to Baker Hughes Inc, owner of the third-largest pressure pumping fleet.
Sometimes a company deserves a closer look. Much closer.
Chart analyses suggest a clear direction in the S&P 500, energy and gold, Chris Verrone of Strategas says.
*Q2 earnings per share 73 cents vs 72 cents expected. July 22- Halliburton Co, the world's second-largest oilfield services company, posted higher-than-expected quarterly profit as it made headway outside its home U.S. market, which has been turned upside down by a natural gas glut. Halliburton shares added 0.3 percent to $45.98 in premarket trading.
*McDonald's quarterly profit rises but stock falls in premarket trade. NEW YORK, July 22- U.S. stock index futures pared gains to trade flat on Monday, pressured by a decline in McDonald's shares after its results and as investors booked profits after the S&P 500 index hit yet another closing high on Friday.
Some of the names on the move ahead of the open.
July 22- Halliburton Co, the world's second-largest oilfield services company, posted higher-than-expected quarterly profit as it made more headway outside its home U.S. market, which has been turned upside down by a natural gas glut. Halliburton shares rose 1.7 percent to $46.60 in premarket trading.
*McDonald's, Netflix and Halliburton earnings on tap. Netflix Inc and Halliburton Co are also due to report earnings later in the day. *The S&P 500 index on Friday edged up to end at a second straight record high, while the Dow and Nasdaq stock gauges fell as disappointing earnings results from Microsoft and Google dragged on the market.
Stocks finished largely unchanged in lackluster trading Friday, with the S&P 500 squeezing out a small gain to finish at another record high, but a batch of disappointing tech earnings weighed.