Some of Tuesday's midday movers:» Read More
WASHINGTON, Nov 26- Oilfield services firm Weatherford International will pay $253 million in fines to the U.S. government to settle charges that ranged from flouting sanctions against Iran and Syria to sending business partners on World Cup soccer junkets, officials said on Tuesday.
Weatherford was charged with exporting oil and gas equipment to Iran, Syria, Sudan and Cuba in violation of sanctions, and exporting prohibited items tied to nuclear non-proliferation to Venezuela and Mexico.
Nov 26- Oil services company Weatherford International Ltd said it would pay $253 million to settle longstanding charges brought by U.S. regulators. The charges against the company include work in sanctioned countries, Foreign Corrupt Practices Act breaches and violations in the Iraq oil-for-food program.
Cramer has never been one to mince words, but we can’t remember him every being quite this Frank.
**YAHOO INC, $30.03, up 3 pct. **ENDEAVOUR SILVER CORP, $4.31, down 7 pct. **BARRICK GOLD CORP, $17.81, down 4.4 pct.
**ENDEAVOUR SILVER CORP, $4.31, down 7 pct. **BARRICK GOLD CORP, $17.81, down 4.4 pct. **MCEWEN MINING, $2.41, down 8 pct.
**ENDEAVOUR SILVER CORP, $4.31, down 7 pct. **BARRICK GOLD CORP, $17.81, down 4.4 pct. *MCEWEN MINING, $2.41, down 8 pct.
**OCLARO INC, $1.54, up 45 pct. The optical components maker, which has a market capitalization of about $98 million, said it sold its Zurich, Switzerland- based semiconductor laser business to II-VI Inc for about $115 million and its optical amplifier and micro-optics business for $88 million. **VERTEX PHARMACEUTICALS INC, $81.63, up 2 pct.
**FACEBOOK INC, Wednesday close $45.04, up 1 pct premarket. Shares of Facebook rose more than 3 percent to a new high on Wednesday, valuing the world's No. 1 social network at $106 billion, as investors focused on its recent mobile advertising advances and the potential to expand ad revenue into new areas.
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.
Some of the names on the move ahead of the open.
HONG KONG, Aug 5- Hong Kong shares may start off a two-month high on Monday, with the Chinese property sector in focus after the People's Bank of China reiterated strict controls over the sector will remain in place. The HSBC reading is due at 0145 GMT.
*China hopes overseas expertise will help unlock massive shale resources.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Check out which companies are making headlines after the bell Thursday:
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
Take a look at some of Monday's midday movers:
Check out which companies are making headlines after the bell Tuesday:
You probably wouldn’t think of playing the US energy boom with this stock. But Jim Cramer says you should.