×

Top News & Analysis Texas

  • FRANKFURT- ECB Governing Council meeting. THURSDAY, AUGUST 3 LONDON- Bank of England to release Inflation Report 1100 GMT. LONDON- Bank of England announces rate decision and publishes the minutes of the meeting after the rate decision- 1100 GMT.

  • FRANKFURT- ECB Governing Council meeting. THURSDAY, AUGUST 3 LONDON- Bank of England to release Inflation Report 1100 GMT. LONDON- Bank of England announces rate decision and publishes the minutes of the meeting after the rate decision- 1100 GMT.

  • Devon on Tuesday said it now expects to spend $1.9 billion to $2.2 billion on exploration and production in full-year 2017.. On Monday, Devon said it would sell assets in the Eagle Ford shale in Texas for $205 million, as part of its $1 billion divestiture plan, first announced in May. Net income attributable to Devon was $425 million, or 80 cents per share, in the...

  • HOUSTON, Aug 1- Venezuela's supply of heavy crude to U.S. independent refiner Phillips 66 has dropped by more than two-thirds this year in part due to quality problems, and the company has cancelled at least one cargo in recent months, according to sources from state-run oil company PDVSA. Venezuela's heavy crude supply to Phillips 66' s Sweeny refinery in Texas...

  • HOUSTON, Aug 1- U.S. shale oil producer EOG Resources Inc posted a lower-than-expected quarterly profit on Tuesday but said it would stick by an ambitious growth forecast for the year to bring nearly 500 wells online. The company, considered one of the financially strongest in the U.S. shale industry, kept plans to spend $3.7 billion to $4.1 billion this year,...

  • Devon on Tuesday said it now expects to spend $1.9 billion to $2.2 billion on exploration and production in 2017.. On Monday, Devon said it would sell assets in the Eagle Ford shale in Texas for $205 million, as part of its $1 billion divestiture plan, first announced in May. Net income attributable to Devon was $425 million, or 80 cents per share, in the second quarter...

  • HOUSTON, Aug 1- Shares of U.S. Silica reported $290.5 million in revenue for the second quarter, missing estimates of $315.4 million, according to Thomson Reuters I/B/E/S, but up from $117 million the same quarter last year. Shares of the company were down 8.7 percent at $26.59 on Tuesday afternoon, off an earlier low at $25.91.

  • WILMINGTON, Del./ CHICAGO, Aug 1- Energy businesses that are trying to exit bankruptcy are finding a savior in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts. An official committee representing shareholders hopes to derail a $1 billion rights offering that the company is considering, which would...

  • WILMINGTON, Del./ CHICAGO, Aug 1- Energy businesses that are trying to exit bankruptcy are finding a savior in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts. An official committee representing shareholders hopes to derail a $1 billion rights offering that the company is considering, which would...

  • WILMINGTON, Del./ CHICAGO, Aug 1- Energy businesses that are trying to exit bankruptcy are finding a saviour in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts. An official committee representing shareholders hopes to derail a $1 billion rights offering that the company is considering, which would...

  • WILMINGTON, Del./ CHICAGO, Aug 1- Energy businesses that are trying to exit bankruptcy are finding a saviour in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts. An official committee representing shareholders hopes to derail a $1 billion rights offering that the company is considering, which would...

  • WILMINGTON, Del./ CHICAGO, Aug 1- Energy businesses that are trying to exit bankruptcy are finding a saviour in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts. An official committee representing shareholders hopes to derail a $1 billion rights offering that the company is considering, which would...

  • WILMINGTON, Del./ CHICAGO, Aug 1- Energy businesses that are trying to exit bankruptcy are finding a savior in some of their own creditors, which have been scooping up newly issued stock from the companies at hefty discounts. An official committee representing shareholders hopes to derail a $1 billion rights offering that the company is considering, which would...

  • NEW YORK, Aug 1- The Rockefeller Foundation is helping to finance a startup hoping to build exchange-traded funds for nonprofit organizations and direct the profits back to their causes, officials from the group said with a plan to announce the initiative later on Tuesday. The foundation awarded a $300,000 grant to Impact Shares Corp, a Dallas- area...

  • Late entrants to the offshore wind game in Europe, which began with a project off Denmark 25 years ago and is now approaching maturity, they are looking across the Atlantic at what they view as a huge and potentially lucrative new market. Norway's Statoil has won a licence to develop a wind farm of the New York coast, is marketing its new floating turbine to...

  • FRANKFURT- ECB Governing Council meeting. THURSDAY, AUGUST 3 LONDON- Bank of England to release Inflation Report 1100 GMT. LONDON- Bank of England announces rate decision and publishes the minutes of the meeting after the rate decision- 1100 GMT.

  • FRANKFURT- ECB Governing Council meeting. THURSDAY, AUGUST 3 LONDON- Bank of England to release Inflation Report 1100 GMT. LONDON- Bank of England announces rate decision and publishes the minutes of the meeting after the rate decision- 1100 GMT.

  • Treasury Secretary Steven Mnuchin, when asked about oil sanctions against Venezuela, said the U.S. would consider all options, keeping the possibility of trade flow disruptions alive. Traders and analysts said the sanctions, in their current state, would not affect oil flows to or from Venezuela. The market had expected a likely ban on U.S. exports of lighter...

  • "The bull market is sort of broadening out and people are taking a few profits off the table on some of these stocks that have done exceedingly well," said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas. Boeing rose 0.49 percent and hit a record high of $242.46 after JPMorgan raised its price target on the world's...

  • July 31- The Dow Jones Industrial Average hit a record high on Monday, helped by Boeing, while selling in Facebook, Alphabet and other technology companies kept the S&P 500 flat and pulled the Nasdaq lower. "The bull market is sort of broadening out and people are taking a few profits off the table on some these stocks that have done exceedingly well," said Randy...