Some of Thursday's midday movers:» Read More
HOUSTON _ Southwestern Energy Co. on Thursday reported net income of $211 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Analysts expected $988.2 million, according to Zacks.
*Southwestern to buy assets in Marcellus and Utica shale fields. Oct 16- Southwestern Energy Co said it would buy some oil and gas assets in the Marcellus and Utica shale fields in West Virginia and Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The deal is positive for Chesapeake and other Utica and Marcellus shale players as it marks the...
*Netflix tumbles after quarterly results. NEW YORK, Oct 16- The S&P 500 and Nasdaq eked out slight gains after another choppy session on Thursday as economic data eased fears about the potential effect of a weakening global economy on the United States. Providing some support to the market, St. Louis Federal Reserve Bank President James Bullard told Bloomberg...
Oct 16- Chesapeake Energy Corp said it would sell some oil and gas assets in Marcellus and Utica shale fields in West Virginia and Pennsylvania to Southwestern Energy Co for about $5.37 billion, sending its shares up 5.8 percent premarket. Southwestern, which already has assets in Fayetteville shale and northeastern Pennsylvania Marcellus, is adding acreage...
*Netflix tumbles in premarket after quarterly results. *Goldman Sachs falls after earnings. The VelocityShares Daily 2 x VIX Short Term exchange-traded note jumped 23.8 percent to $6.04 in premarket.
Oct 16- Oil and gas producer Southwestern Energy Co said it would acquire certain oil and gas assets in Marcellus and Utica shale fields in West Virginia and southwest Pennsylvania from Chesapeake Energy Corp for about $5.37 billion. The acquired assets include 256 operated and producing wells and 179 non-operated wells. Average net daily production from...
*Shire shares tumble as AbbVie reconsiders bid. NEW YORK, Oct 15- U.S. stocks dropped on Wednesday as economic data reinforced worries over the health of the world economy and signs emerged of slowing merger activity. Worries about a slowing global economy weren't helped by data that showed U.S. retail sales and producer prices fell in September, while...
*Shire shares tumble as AbbVie reconsiders bid. Aside from concerns about the global economy, Chicago- based AbbVie said it was reconsidering its $55 billion takeover of the company weeks after the U.S. government moved to curb deals designed to reduce tax, throwing the vitality of merger and acquisition activity into doubt. U.S.-listed shares of Shire tumbled...
*Kate Spade shares plunge 25.4 pct in busiest trading day. Traders rushed to sell the stock of handbag and accessory maker and retailer Kate Spade& Co, which plummeted 25.4 percent to close at $29.00 in its busiest day of trading ever with 52 million shares changing hands.
Yellen testifies before the Senate Banking Committee Thursday and if she decides to stop using the weather as an excuse for a down economy, watch out.
Does this options trader have some special insight about this little-watched company?
Chatter the Federal Reserve may stop its taper program is premature. It would have to believe the U.S. economy is undeniably slowing.
I'm more interested right now in nat gas," commodities trader Mark Fisher says.
In a note to clients, Goldman Sachs strategist David J. Kostin on Wednesday identified what he thinks are the top 40 most undervalued stocks.
The economy may have added as many as 200,000 jobs in July amid the backdrop of a pickup in manufacturing activity and fewer layoffs.
Traders are looking past ISM manufacturing data and weekly jobless claims, to the July nonfarm payrolls because it will be key in the Fed's decision making process.
For the second session in a row, the bulls targeted Southwestern Energy yesterday.
If you missed the rally don't just stand there kicking yourself. The pros say it's not too late.
The "Fast Money" traders share their final trades of the day.
The “Fast Money” traders share their final trades of the day.