As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.» Read More
*Alcoa to buy RTI International for $1.5 bln. Alcoa Inc said it would buy RTI International Metals Inc for $1.5 billion. Alcoa lost 6.4 percent to $13.55 while RTI jumped 38 percent to $37.62.
*Alcoa to buy RTI International for $1.5 bln. "We're positive on the stock market here, and the recent setback last week just provides better opportunity to buy," said Tom Mangan, senior vice president at James Investment Research Inc in Xenia, Ohio. Alcoa Inc said it would buy RTI International Metals Inc for $1.5 billion.
*Alcoa to buy RTI International for $1.5 bln. NEW YORK, March 9- U.S. stocks were modestly higher on Monday, a day after the S&P 500' s biggest drop in about two months, as some billion-dollar deals helped provide a lift to the market. Wall Street has fallen for two straight weeks, a downtrend that came on speculation that interest rates could rise sooner than anticipated.
*Alcoa to buy RTI International for $1.5 bln. NEW YORK, March 9- U.S. stock index futures pointed to a flat open on Monday, after two straight weeks of declines on major indexes and as the benchmark S&P 500 comes off its biggest one-day loss in about two months. Wall Street's recent downtrend has come as investors speculated over whether interest rates could be raised...
*Alcoa to buy RTI International for $1.5 bln. NEW YORK, March 9- U.S. stock index futures fell on Monday, continuing a recent downtrend on Wall Street as investors speculated over whether interest rates could be raised sooner than expected. The Dow is also near record levels, while the Nasdaq is 2.4 percent below its record close, which was hit in March 2000.
*Indexes have fallen for two straight weeks. NEW YORK, March 9- U.S. stock index futures were lower on Monday, pointing to a continued downtrend on Wall Street as investors continued to question whether an interest rate increase could come sooner than previously expected. The Dow is also near record levels, while the Nasdaq is 2.4 percent below its record close,...
WILLISTON, N.D., March 6- Whiting Petroleum Corp, North Dakota's largest oil producer, is seeking a possible buyer, according to the Wall Street Journal, but a person familiar with the board's thinking told Reuters he was not aware of any such plan. Three months ago, Whiting closed on its $1.55 billion buyout of Kodiak Oil& Gas to become the largest oil company in North...
Looking at the state of the economy, Jim Cramer is surprised that oil has not caused a collapse, yet. Could the worst be yet to come for black gold?
Shale analyst Mike Kelly is so confident in his top oil pick that even his grandmother is taking his advice and buying the stock.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
“Mad Money” host Jim Cramer makes a bold call on where it’s time to move money now.
Eric Otto, director of oil exploration and production at CLSA, told CNBC who is solid or vulnerable after his $30-a-barrel oil stress test.
Oil may have room to fall, and traders on CNBC's "Fast Money" see opportunity to scoop up energy when it reverses course.
HOUSTON, Dec 22- Plunging oil prices will prompt energy companies to cut investments in new projects by 25 percent or more in 2015, analysts said over the past week, as firms try to stay cash-flow positive and keep debt in check. With oil prices down more than 40 percent since June, some companies, including ConocoPhillips, have slashed spending by 20 percent.
Oil at $50 a barrel is not going to scare some producers, and investors should focus on companies with core acreage in good basins, said Mike Kelly.
Best-known is Continental Resources, which lifted its hedges in early November, when oil was trading at around $83 a barrel, leaving it unprotected as prices slipped another $20, the most dramatic drop since the 2008 crisis. Apache Corp and Whiting Petroleum are also exposed to lower prices and have underperformed some peers over the past two weeks.
*Oil price slump could herald return of mega-mergers. LONDON, Dec 10- Plunging oil prices look set to trigger another wave of industry consolidation after a decade when mega-deals were scarce, but investors want to see mergers that can squeeze out cost savings and only after a lavish dividend is paid. "Anyone who doesn't think consolidation is going to happen must...
BISMARCK, N.D., Dec 9- North Dakota has approved strict new standards for oil, requiring every barrel of crude be filtered for dangerous types of natural gas in order to make crude-by-rail transport safer. The new requirements come as federal, state and local officials grapple with how best to ensure the safe transport of North Dakota's crude oil, which has been...
BISMARCK, N.D., Dec 9- North Dakota is poised to impose the strictest oil standards in its history on Tuesday, requiring every barrel of crude to be filtered for dangerous types of natural gas in an effort to make crude-by-rail transport safer. Because most of the oil extracted in the United States via hydraulic fracturing, commonly known as "fracking," is...
There are "haves" and "have nots" in the U.S. oil space, analyst Eric Otto told CNBC. Here are his plays.