Stocks Rally Ahead of Fed; Oil Prices Surge
at The Street - 33 mins ago
Stocks move confidently higher on Tuesday as the Federal Reserve kicks off its two-day meeting and crude oil prices rebound.
F: 14.92 (+0.37), BIDU: 164.63 (-33.05), PFE: 35.27 (+0.93), XOM: 82.29 (+3.03), DD: 55.92 (-0.81), COP: 52.69 (+2.04), BP: 37.30 (+1.25), CVX: 92.38 (+3.24), PTR: 99.15 (+3.98), UPS: 100.43 (+5.31), XLE: 70.63 (+2.12)
Cramer: Baidu Earnings a Bust, Facebook Likely to Get Hammered
at The Street - 1 hr 8 mins ago
Baidu's recent earnings report was one of its worst, and Facebook's stock is likely to get hammered when it reports, says Jim Cramer in response to viewer questions.
BIDU: 164.63 (-33.05), FB: 95.30 (+1.13), AGCO: 52.25 (+0.49), XOM: 82.29 (+3.03), COP: 52.69 (+2.04), CVX: 92.38 (+3.24), UPS: 100.43 (+5.31)
BP Profit Falls, Sees Oil Prices 'Lower For Longer'
at Investor's Business Daily - Tue Jul 28, 10:44AM CDT
BP (BP) profit fell during the second quarter as oil prices dropped, and the oil major sees prices staying "lower for longer." The British oil company said Tuesday that adjusted second-quarter earnings sank 63.6% to 43 cents per share, under the 49...
XOM: 82.29 (+3.03), COP: 52.69 (+2.04), BP: 37.30 (+1.25), CVX: 92.38 (+3.24)
10 Reasons to Love the Oil Price Drop
at The Street - Tue Jul 28, 10:21AM CDT
Stop worrying about falling crude prices. Simon Constable has 10 reasons the decline is a good thing.
F: 14.92 (+0.37), VGK: 54.93 (+0.70), SPY: 209.24 (+2.45), DE: 92.04 (+0.79), XOM: 82.29 (+3.03), WMT: 72.26 (+0.88), GM: 31.48 (+0.43), WFC: 57.43 (-0.16), BP: 37.30 (+1.25)
Stocks Turn Positive as Energy Sector Leads
at The Street - Tue Jul 28, 10:07AM CDT
Stocks bounce back to session highs by late morning Tuesday.
AMZN: 526.58 (-4.83), F: 14.92 (+0.37), HON: 104.34 (+2.70), PFE: 35.27 (+0.93), XOM: 82.29 (+3.03), COP: 52.69 (+2.04), UPS: 100.43 (+5.31), BIDU: 164.63 (-33.05), EBAY: 28.25 (+0.25), MRK: 57.25 (+0.26), DD: 55.92 (-0.81), BP: 37.30 (+1.25), PG: 80.48 (+0.51), CVX: 92.38 (+3.24), PTR: 99.15 (+3.98), XLE: 70.63 (+2.12)
Stock Market News for July 28, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - Tue Jul 28, 9:10AM CDT
Benchmarks declined for the fifth straight session on Monday following a selloff in Chinese markets
PCG: 52.12 (+0.29), MON: 101.36 (-0.10), DUK: 73.03 (+0.03), XOM: 82.29 (+3.03), COP: 52.69 (+2.04), SO: 43.52 (+0.08), SLB: 82.79 (+1.03), NEE: 104.09 (+0.59), LYB: 92.05 (+2.20), RIG: 14.14 (+1.03), DD: 55.92 (-0.81), PX: 115.06 (+3.24), CVX: 92.38 (+3.24), DOW: 46.89 (+1.26)
Exxon Mobil (XOM) Crosses Pivot Point Resistance at $79.94
Comtex SmarTrend(R) - Tue Jul 28, 9:07AM CDT
Exxon Mobil (NYSE:XOM) has opened bullishly above the pivot of $79.45 today and has reached the first level of resistance at $79.94. Investors may be interested in a cross of the next upside pivot targets of $80.61 and $81.77.
XOM: 82.29 (+3.03)
Research and Markets: Global Benzene Market Forecast and Opportunities, 2020 - ExxonMobil, Shell Chemicals, and Sinopec Corporation Dominate the Market
Business Wire - Tue Jul 28, 8:22AM CDT
Research and Markets (http://www.researchandmarkets.com/research/7qqqhk/global_benzene) has announced the addition of the "Global Benzene Market Forecast and Opportunities, 2020" report to their offering.
XOM: 82.29 (+3.03)
Global Benzene Market Forecast and Opportunities, 2020 - ExxonMobil, Shell Chemicals, and Sinopec Corporation Dominate the Market
M2 - Tue Jul 28, 8:06AM CDT
Research and Markets (http://www.researchandmarkets.com/research/jq9sp8/global_benzene) has announced the addition of the "Global Benzene Market Forecast and Opportunities, 2020" report to their offering. Global benzene market is expected to surpass 46MMT by 2020 on account of continuously increasing demand from various industries using benzene derivatives in their manufacturing processes. Shale gas evolution in the US has increased the availability of ethane, which is a light feedstock used for cracking process. The use of lighter feedstock is hampering the yield of benzene and leading to a tight demand/supply scenario in the global market, due to which the market has become highly competitive and all major players are investing in R&D to improve the quality and properties of the product. The major players operating in global benzene market include ExxonMobil, Shell Chemicals, and Sinopec Corporation, among others. Region-wise, Asia-Pacific is expected to dominate global benzene market through 2020 as majority of benzene derivative manufacturers plan on shifting their production base to developing countries in this region. Benzene is a basic petrochemical that is obtained as a by-product during production of ethylene and propylene. Steam cracking of naphtha followed by its extractive distillation is a conventional route for producing benzene. Benzene is also produced from hydroalkylation of toluene. Synthetic rubber industry is the largest consumer of benzene, wherein it is processed for producing derivatives such as ethylbenzene, a precursor to styrene, used to manufacture Styrene-Butadiene Resins (SBR), Styrene Butadiene Latex (SB Latex), etc. Ethylbenzene derivatives are majorly used across automotive industry for manufacturing tyres and other components. Hence, growth in automotive industry is the prime driver for benzene market. Cumene, cyclohexane and nitrobenzene are other derivatives of benzene, which are used mainly for the manufacturing of protective coatings, nylon fibers and detergents, respectively. Market Trends & Developments - Investments in Biomass-Derived Benzene - Increasing Naphtha Cracking Capacity - Feed Stock Shift - Verbund Capabilities - Strong Investment Growth in Global Tyre Industry - On-purpose Benzene Production - Development of New Technology - Benzene Application in Nanotechnology Key Topics Covered: 1. Research Methodology 2. Analyst View 3. Product Overview 4. Global Benzene Market Outlook 5. Asia-Pacific Benzene Market Outlook 6. Europe Benzene Market Outlook 7. North America Benzene Market Outlook 8. Middle East Benzene Market Outlook 9. South America Benzene Market Outlook 10. Market Dynamics 11. Market Trends & Developments 12. Competitive Landscape 13. Strategic Recommendations Companies Mentioned - BASF SE - Braskem SE - CPC Corporation - Chevron Phillips Chemical Company LP - Evonik Industries AG - Exxon Mobil Corporation - Ineos Group - JX Holdings Inc. - LG Chem, Ltd - LyondellBasell Industries NV - Maruzen Petrochemical Co., Ltd - Mitsubishi Corporation - PetroChina Company Ltd. - Reliance Industries Limited - Royal Dutch Shell PLC - SK Global Chemical Co. Ltd - Saudi Basic Industries Corp - Sinopec Corporation - The Dow Chemical Company - Total S.A. For more information visit http://www.researchandmarkets.com/research/jq...al_benzene
XOM: 82.29 (+3.03), PTR: 99.15 (+3.98)
Trader's Notebook: Chevron Yields at Highest Level in 20 Years
at The Street - Tue Jul 28, 8:00AM CDT
Although feeling the effects of the low oil price, the firm is likely to manage better than its competitors.
XOM: 82.29 (+3.03), CVX: 92.37 (+3.23)
Vermilion Energy Inc. Announces Farm-in Agreement in Germany
PR Newswire - Tue Jul 28, 1:10AM CDT
Vermilion Energy Inc. ("Vermilion", the "Company", "We" or "Our"
VET.TO: 43.14 (+1.28), XOM: 82.29 (+3.03), VET: 33.37 (+1.27)
Is the U.S. Bull Market Starting to Lose Its Luster?
at The Street - Mon Jul 27, 2:04PM CDT
CNBC’s ‘Fast Money’ traders take a closer look at U.S. stocks, as the selloff in China weighs on the market.
BIIB: 318.11 (+8.68), PRGO: 190.72 (-2.88), XOM: 82.29 (+3.03), MYL: 55.76 (-0.61), BMY: 64.50 (+0.20), AGN: 337.60 (+10.62), ISRG: 539.87 (-4.28), SBUX: 57.08 (+0.10), HCA: 92.41 (+0.38), IBM: 159.98 (+0.91), GM: 31.48 (+0.43), TEVA: 71.12 (-0.88), SPLK: 70.65 (+0.05), REGN: 557.10 (+17.07), NVS: 102.69 (+1.15)
Cheapest by the Sector: 5 Picks in the Most Inexpensive Industries
at The Street - Mon Jul 27, 2:00PM CDT
The energy and specialty insurance groups offer some interesting ideas.
MU: 19.77 (+1.65), AGO: 24.86 (+0.05), CNX: 18.07 (+0.72), BCRH: 16.98 (+0.23), SUNE: 26.21 (+0.20), GM: 31.48 (+0.43), XOM: 82.29 (+3.03), CVX: 92.37 (+3.23), AAPL: 123.77 (+1.00), GLRE: 27.43 (-0.14)
Exxon Mobil (XOM) Stock Declines as Oil Prices Fall
at The Street - Mon Jul 27, 12:57PM CDT
Exxon Mobil (XOM) shares are falling as oil prices dropped today in response to a large selloff in the Chinese stock market.
XOM: 82.29 (+3.03)
In an Expensive Market, the Energy Sector Looks Appealing
Alex DUMORTIER, CFA, The Motley Fool - Motley Fool - Mon Jul 27, 12:30PM CDT
This is a big week for macro-oriented investors and traders. On Wednesday, the Federal Re serve will release the statement relating to July's monetary policy meeting of the Federal Open Market Committee (FOMC). No one is expecting the...
CG: 26.04 (+0.05), BX: 38.72 (+0.62), TOT: 48.00 (+0.67), XOM: 82.29 (+3.03), BP: 37.30 (+1.25), CVX: 92.37 (+3.23), PTR: 99.15 (+3.98)
$50 Oil May Be Here to Stay -- Here's What It Means for Energy Stocks
at The Street - Mon Jul 27, 10:57AM CDT
It's too soon to buy many oil stocks, especially those in oil services, even though they're cheap. Here are some reasons why.
RDS.A: 54.93 (+1.04), HAL: 41.93 (+0.95), XOM: 82.29 (+3.03), CVX: 92.37 (+3.23), SLB: 82.79 (+1.03), BHI: 58.49 (+0.75)
ExxonMobil to Release Second Quarter 2015 Financial Results
Business Wire - Mon Jul 27, 9:00AM CDT
Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Friday, July 31, 2015. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com.
XOM: 82.29 (+3.03)
Trader's Notebook: Exxon Mobil's Dividend Gets Close to 4%
at The Street - Mon Jul 27, 8:00AM CDT
The stock is becoming interesting at this level.
XOM: 82.29 (+3.03), HP: 57.96 (+2.32)