Stock Market News for October 09, 2015
Zacks Equity Research - Zacks Investment Research - Fri Oct 09, 9:10AM CDT
Federal Reserve’s decision to keep interest rates near zero in the September policy meeting helped benchmarks end higher on Thursday
KMI: 32.35 (-0.33), SLM: 7.07 (-0.08), LYB: 95.45 (-2.05), MON: 89.70 (+0.45), COP: 56.10 (-0.18), XOM: 79.26 (-0.77), PX: 108.65 (+0.06), CVX: 89.57 (-0.34), PPG: 95.97 (+0.20), DOW: 47.08 (-0.71)
Large Inventory Build Puts Brakes on Oil's 3-Day Rally
Nilanjan Choudhury - Zacks Investment Research - Thu Oct 08, 12:56PM CDT
Oil snaps 3-day winning streak on big rise in supplies.
PSX: 83.52 (-1.06), VLO: 64.20 (-1.51), XOM: 79.26 (-0.77), COP: 56.10 (-0.18), HFC: 50.32 (-0.92), CVX: 89.57 (-0.34)
Canadian Oil Sands Snubs Suncor Energy's Hostile Bid
Zacks Equity Research - Zacks Investment Research - Thu Oct 08, 12:30PM CDT
Two days after Suncor Energy Inc. (SU) announced plans of a hostile takeover of Canadian Oil Sands Limited (COSWF), the latter responded with a so called poison-pill defense strategy.
SU: 28.34 (-0.19), IMO: 35.25 (+0.51), XOM: 79.26 (-0.77)
Exxon Mobil (XOM) Stock Rises as Crude Prices Climb
at The Street - Thu Oct 08, 12:19PM CDT
Exxon Mobil (XOM) shares are higher as crude prices move up.
XOM: 79.26 (-0.77)
Everything Wants to Go Up at the Same Time
at The Street - Thu Oct 08, 12:18PM CDT
This rolling bear market can be deceptive.
MMM: 149.90 (+0.42), GE: 28.07 (+0.04), CLX: 120.52 (+0.34), HON: 101.16 (+0.09), KMB: 114.73 (+0.93), PSTG: 16.60 (+0.67), M: 51.00 (-0.47), XOM: 79.26 (-0.77), BWLD: 196.14 (-1.07), JNPR: 29.40 (-0.40), JACK: 77.41 (+1.62), ECA: 8.76 (-0.26), IBM: 152.39 (+0.11), CMG: 732.93 (-1.84), TGT: 78.88 (+0.19), COST: 153.97 (+2.31), GOOGL: 671.24 (+4.24), EMC: 27.86 (+0.68), TWTR: 30.85 (+0.53), AAPL: 112.12 (+2.62), MBLY: 49.27 (+1.38), UNP: 97.04 (-0.01), CSCO: 27.91 (unch), GPRO: 29.08 (+1.48), AMZN: 539.80 (+6.64), SWKS: 79.50 (+0.07), FB: 93.24 (+0.77), BA: 139.70 (+0.66), HPQ: 29.30 (+0.12), DIN: 91.64 (+0.08), CELG: 117.38 (-0.59), DENN: 11.19 (+0.09), NFLX: 113.33 (-1.60), GILD: 100.65 (-0.16), MCD: 102.76 (-0.19), PG: 74.48 (+0.08), MRO: 19.59 (-0.59), CVX: 89.57 (-0.34)
Will the Energy Rally Last? Here's How to Profit
at The Street - Thu Oct 08, 10:15AM CDT
Oil is seeing a relief rally in the context of a pretty brutal long-term downtrend. Here's what's driving the price action and how to trade it.
PSX: 83.52 (-1.06), USO: 15.99 (-0.05), TSO: 103.40 (-1.01), XOM: 79.26 (-0.77), COP: 56.10 (-0.18), HFC: 50.32 (-0.92), MRO: 19.59 (-0.59), CVX: 89.57 (-0.34)
BUYINS.NET: SBGI, EMR, XOM, CNC, MCD, WIT Expected To Be Up Before Next Earnings Releases
M2 - Thu Oct 08, 6:22AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released in the coming weeks and determining how the stocks have performed Before their last 12 quarterly, 6 quarterly and earnings reports. Sinclair Broadcast Group Inc (NASDAQ:SBGI), Emerson Electric Co (NYSE:EMR), EXXON MOBIL CORPORATION (NYSE:XOM), CENTENE CORPORATION (NYSE:CNC), McDonald's Corp (NYSE:MCD), Wipro Ltd (NYSE:WIT) are all expected to be Up Before their earnings are released Wednesday. The movement of stock prices in the days and weeks leading to and following these earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The # of Reports in the table below shows how many previous quarterly reports comprise the indicator that predicts how a stock will act after its earnings are released. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com . The following stocks are expected to go Up Before earnings are released Wednesday:
CNC: 57.35 (+2.41), WIT: 12.80 (+0.22), EMR: 47.15 (-0.37), MCD: 102.76 (-0.19), XOM: 79.26 (-0.77), SBGI: 28.54 (-0.21)
Will 'Negative' S&P Outlook Hurt Exxon, Chevron Stocks?
Nilanjan Choudhury - Zacks Investment Research - Wed Oct 07, 4:38PM CDT
Oil majors Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) were recently put in the 'outlook negative' category by S&P.
WLL: 22.43 (+0.23), CHK: 8.88 (-0.46), XOM: 79.26 (-0.77), DNR: 3.72 (-0.14), CVX: 89.57 (-0.34)
Global Benzene Market Forecast and Opportunities, 2020
PR Newswire - Wed Oct 07, 4:20PM CDT
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.
XOM: 79.26 (-0.77)
Stocks Climb Ahead of Earnings Season Kickoff
at The Street - Wed Oct 07, 3:30PM CDT
Stocks manage to close higher on Wednesday, the day before the unofficial kickoff of third-quarter earnings season.
BUD: 111.88 (+1.19), XLB: 44.15 (-0.02), MON: 89.70 (+0.45), EXC: 30.82 (-0.06), PSTG: 16.60 (+0.67), DB: 29.34 (+0.95), STZ: 136.89 (+0.20), XOM: 79.26 (-0.77), POM: 26.49 (+0.01), AA: 10.26 (-0.75), LYB: 95.45 (-2.05), RDS.A: 55.27 (-0.61), P: 20.90 (+1.37), BHP: 37.76 (+0.44), CVX: 89.57 (-0.34), RIO: 39.74 (+0.93), PTR: 80.09 (-0.93), YUM: 70.25 (+2.79), XLE: 68.94 (-0.45)
Stocks Extend Gains; Crude Closes Below $48
at The Street - Wed Oct 07, 1:50PM CDT
Stocks extend modest gains mid-afternoon Wednesday after dipping into the red earlier on declining crude oil prices.
TSLA: 220.69 (-6.03), BUD: 111.88 (+1.19), XLB: 44.15 (-0.02), MON: 89.70 (+0.45), EXC: 30.82 (-0.06), PSTG: 16.60 (+0.67), STZ: 136.89 (+0.20), XOM: 79.26 (-0.77), ADBE: 83.82 (+1.56), POM: 26.49 (+0.01), AA: 10.26 (-0.75), RDS.A: 55.27 (-0.61), LYB: 95.45 (-2.05), P: 20.90 (+1.37), BHP: 37.76 (+0.44), CVX: 89.57 (-0.34), RIO: 39.74 (+0.93), PTR: 80.09 (-0.93), YUM: 70.25 (+2.79), XLE: 68.94 (-0.45)
Exxon Mobil (XOM) Stock Rises As Crude Rallies
at The Street - Wed Oct 07, 1:00PM CDT
Exxon Mobil (XOM) shares are climbing as crude prices recover from today's earlier decline.
XOM: 79.26 (-0.77)
Jim Cramer -- Microsoft, General Mills, WhiteWave Are Buying Opportunities
at The Street - Wed Oct 07, 11:59AM CDT
Jim Cramer answers viewers questions from social media on the floor of the New York Stock Exchange.
BLUE: 88.80 (+0.30), BIIB: 269.16 (-10.72), FB: 93.24 (+0.77), XOM: 79.26 (-0.77), AMGN: 149.59 (-0.31), LLY: 86.14 (+2.37), BMY: 61.44 (+0.93), INTC: 32.14 (-0.38), CELG: 117.38 (-0.59), WWAV: 43.82 (+2.11), MSFT: 47.11 (-0.34), TWTR: 30.85 (+0.53), CVX: 89.57 (-0.34), GIS: 56.61 (+0.13)
Stocks Pare Gains as Crude Inventories Rise
at The Street - Wed Oct 07, 9:41AM CDT
Stocks move off session highs by mid-morning Wednesday after a rise in crude inventories dampens a rally in oil.
TSLA: 220.69 (-6.03), BUD: 111.88 (+1.19), MON: 89.70 (+0.45), EXC: 30.82 (-0.06), PSTG: 16.60 (+0.67), XOM: 79.26 (-0.77), STZ: 136.89 (+0.20), ADBE: 83.82 (+1.56), POM: 26.49 (+0.01), RDS.A: 55.27 (-0.61), P: 20.90 (+1.37), BP: 35.96 (unch), CVX: 89.57 (-0.34), XLE: 68.94 (-0.45), YUM: 70.25 (+2.79)
Recession-Proofing Your Portfolio
at The Street - Wed Oct 07, 8:41AM CDT
The outlook on the U.S. economy is unclear, with recent data demonstrating too many contradictions: job growth remains weak, though consumer spending is strong.
GE: 28.07 (+0.04), DLTR: 63.36 (+1.28), GILD: 100.65 (-0.16), PFE: 33.24 (+0.15), MCD: 102.76 (-0.19), XOM: 79.26 (-0.77), DG: 67.23 (+1.03), CAT: 71.30 (-0.54), KORS: 42.59 (-0.92), MO: 56.81 (+0.44), PG: 74.48 (+0.08), INTC: 32.14 (-0.38)
The Zacks Analyst Blog Highlights: BP, Suncor Energy, Exxon Mobil, Royal Dutch Shell and Chesapeake Energy
Zacks Equity Research - Zacks Investment Research - Wed Oct 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: BP, Suncor Energy, Exxon Mobil, Royal Dutch Shell and Chesapeake Energy
SU: 28.34 (-0.19), RDS.A: 55.27 (-0.61), CHK: 8.88 (-0.46), XOM: 79.26 (-0.77), BP: 35.96 (unch)
Stock Futures Climb as Crude Oil Extends Rally
at The Street - Wed Oct 07, 8:02AM CDT
Stock futures climb as crude oil rallies for its fourth straight session, its longest rally in nearly six months.
TSLA: 220.69 (-6.03), BUD: 111.88 (+1.19), MON: 89.70 (+0.45), EXC: 30.82 (-0.06), PSTG: 16.60 (+0.67), XOM: 79.26 (-0.77), ADBE: 83.82 (+1.56), POM: 26.49 (+0.01), RDS.A: 55.27 (-0.61), BP: 35.96 (unch), CVX: 89.57 (-0.34), YUM: 70.25 (+2.79)
Pepsico Reports A Beat Even As S&P 500 Takes A Break – Markets This Morning
Kumar Abhishek - Amigobulls - Wed Oct 07, 5:02AM CDT
Markets remained wary before the release of Fed's minutes. Pepsico announced the arrival of earnings season by reporting an earnings beat.
KO: 42.02 (+0.04), AA: 10.26 (-0.75), XOM: 79.26 (-0.77), PEP: 99.47 (+0.50)
Asian shares mostly higher, Japan muted on BOJ decision
By YURI KAGEYAMA - AP - Tue Oct 06, 10:23PM CDT
TOKYO (AP) — Asian stock markets were mostly higher Wednesday, taking in stride the IMF's lower global growth forecast, while Japan traded cautiously as its central bank left monetary policy unchanged.
XOM: 79.26 (-0.77), COP: 56.10 (-0.18), DD: 56.18 (+0.05), CVX: 89.57 (-0.34)