An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
"There is reason to believe that we know the culprit," Trump said in a post on Twitter.Politicsread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
President Donald Trump signaled Iran is not telling the truth about the drone attacks on Saudi Arabia's largest oil facilities.Oilread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
An extended Saudi oil outage could push Brent crude prices north of $75 per barrel, Goldman Sachs warned clients.Marketsread more
As investors worry about oil supply, airline and cruise ship stocks are getting hit on Monday, while some energy stocks are shooting upward.Marketsread more
Consumers in the U.S. prefer Apple's more expensive models, while the standard iPhone 11 appears to be more attractive to buyers in China, according to Kuo.Technologyread more
The Times updated an article detailing a previously unreported accusation against Justice Kavanaugh from when he was a Yale University student, noting that "the female student...Politicsread more
The U.S. faces less oil-shortage risk after weekend strikes on Saudi facilities because America has been aggressively developing its own domestic resources in recent years,...Oilread more
Purdue's board approved the much-anticipated bankruptcy filing, days after reaching a tentative deal to settle some 2,000 opioid lawsuits.Health and Scienceread more
Check out which companies are making headlines before the bell:
JPMorgan Chase—The bank earned $1.45 per share for the first quarter, 5 cents above estimates, with revenue also above Street forecasts. CEO Jamie Dimon said the company is getting safer and stronger, as well as gaining market share.
Johnson & Johnson—The medical device maker beat estimates by 2 cents with adjusted profit of $1.56, with revenue also above estimates. J&J did say that currency hurt Q1 sales by 7.2 percent, and it lowered its full-year guidance due to the impact of the stronger dollar.
Wells Fargo—The bank reported quarterly profit of $1.04 per share, 6 cents above estimates, with revenue also above forecasts. The report did break an 18-quarter streak of higher year-over-year earnings, as the bank deals with the impact of a lower interest rate environment.
DuPont—CEO Ellen Kullman sent a letter to employees warning the proxy contest between DuPont and Nelson Peltz's Trian might become "increasingly intense," and explaining why the company is so actively opposing Trian's initiatives.
Discover Financial—Wells Fargo began coverage on the credit card issuer with an "outperform" rating, saying Discover is the most leveraged among its peers to benefit from rebounding credit card loan growth.
Urban Outfitters—BMO upgraded the retailer's stock to "outperform" from "market perform," citing a "significant" opportunity for profit margin recovery.
Procter & Gamble—The Wall Street Journal reported that the consumer products giant appears to be laying the groundwork for CEO A.G. Lafley to depart as soon as this summer.
Norfolk Southern—The rail operator said it expected to earn $1 per share for the first quarter, below current consensus estimates of $1.25. Norfolk Southern said slower coal volumes and a reduction in fuel surcharge revenue are among the factors weighing on the bottom line. The warning is also impacting other rail stocks, like Union Pacific.
IBM—IBM is creating a new "Watson Health" unit, in an extension of its data analytics partnership with Apple. The new unit will provide data analytics to health care companies, using information gathered by Apple devices.
Avon Products—The cosmetics company postponed its annual investor meeting—originally set for May 13—until the fall. Avon said the delay will allow new Chief Financial Officer James Scully time to prepare for "a more robust discussion" of turnaround strategies.
Alibaba—The China-based e-commerce giant said it has instituted a number of measures to fight counterfeit goods, following a strongly worded critical letter from the American Apparel & Footwear Association to U.S. Trade Representative Michael Froman. The group said it did not feel Alibaba was either capable or interested in addressing the issue.
JetBlue—JetBlue is the quickest U.S. airline to cancel flights during storms, according to a Reuters analysis. The study said that policy may help customers get to their destinations more reliably.
Pep Boys—Pep Boys reported an adjusted quarterly loss of 5 cents per share, compared to estimates for a 3-cent per share profit. Revenue was also shy of estimates, but the auto parts retailer said it is seeing a turnaround in the current quarter.
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