Stocks Rally Ahead of Next Week's Fed Meeting, Apple Earnings
at The Street - Fri Oct 23, 3:16PM CDT
The question now is whether the market's feel-good mood will carry over into the coming week, especially with the Federal Reverse's latest policy meeting mid-week.
XOM: 82.98 (+0.09), PYPL: 34.99 (+0.20), INTC: 34.90 (+0.50), YHOO: 33.17 (+1.50), P: 12.39 (-6.80), XLK: 43.83 (+1.19), ABBV: 50.34 (+2.07), GOOGL: 719.33 (+38.19), TMUS: 41.27 (+0.83), TWTR: 30.28 (+1.13), MSFT: 52.87 (+4.84), AAPL: 119.08 (+3.58), GPRO: 29.15 (+0.43), PSX: 83.35 (+0.74), AMZN: 599.03 (+35.12), EXC: 29.86 (-1.15), FB: 102.19 (+2.52), PFE: 34.05 (+0.72), STX: 41.15 (+1.91), VFC: 63.75 (-9.46), BIDU: 157.60 (+4.10), GILD: 107.99 (+0.39), PG: 77.03 (+2.18), CVX: 91.24 (-0.38), CMCSA: 61.98 (+0.28), BABA: 75.62 (+4.63)
Business events scheduled for the coming week
By The Associated Press - AP - Fri Oct 23, 12:43PM CDT
All times are Eastern.
RAI: 48.89 (+0.01), F: 15.67 (+0.09), QSR.TO: 49.17 (+0.57), ANTX: 47.28 (+0.16), PFE: 34.05 (+0.72), XOM: 82.98 (+0.09), AMGN: 155.75 (+3.44), CMCSK: 62.35 (+0.28), MO: 61.05 (-0.35), AET: 105.89 (+2.53), SBUX: 62.61 (+1.12), ANTM: 140.95 (+1.54), QSR: 37.33 (+0.33), GT: 32.97 (+0.40), WBA: 89.96 (+1.33), GILD: 107.99 (+0.39), MRK: 52.88 (+0.87), CVS: 103.95 (-0.34), TWTR: 30.28 (+1.13), CMCSA: 61.98 (+0.28), AAPL: 119.08 (+3.58), BABA: 75.62 (+4.63)
Exxon's Rally Reaches Heavy Resistance
at The Street - Fri Oct 23, 11:42AM CDT
An pullback will offer Exxon Mobil bulls a much more favorable entry opportunity.
XOM: 82.98 (+0.09)
Exxon Mobil (XOM) Stock Retreats as Oil Prices Fall on Strong Dollar
at The Street - Fri Oct 23, 11:01AM CDT
Exxon Mobil (XOM) shares are declining on Friday as oil prices slumped on the stronger dollar, following China's stimulus measures.
XOM: 82.98 (+0.09)
How Much Is BP Preparing for "Lower for Longer" Oil Prices?
Tyler Crowe, The Motley Fool - Motley Fool - Fri Oct 23, 9:15AM CDT
Image Source: BP corporate website. BP CEO Bob Dudley was one of the first people in the oil and gas space to use the term "lower for longer" to describe his view on oil prices. So far, that has been a fairly true statement. Despite a slight...
TOT: 50.39 (-0.37), XOM: 82.98 (+0.09), BP: 35.72 (-0.20), CVX: 91.24 (-0.38)
SmarTrend Watching for Potential Pullback in Shares of Exxon Mobil After 3.34% Gain
Comtex SmarTrend(R) - Thu Oct 22, 3:51PM CDT
Exxon Mobil (NYSE:XOM) traded in a range yesterday that spanned from a low of $80.66 to a high of $82.96. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $82.17 on volume of 14.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
XOM: 82.98 (+0.09)
After Yesterday's Rally of 3.34% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Thu Oct 22, 3:51PM CDT
Exxon Mobil (NYSE:XOM) traded in a range yesterday that spanned from a low of $80.66 to a high of $82.96. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $82.17 on volume of 14.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
XOM: 82.98 (+0.09)
American Airlines picks Texas site for new headquarters
AP - Thu Oct 22, 3:51PM CDT
FORT WORTH, Texas (AP) — American Airlines Group Inc. is moving its headquarters but staying in the neighborhood.
XOM: 82.98 (+0.09)
Chevron's Big Foot Platform Pulled Out of Gulf of Mexico
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 2:40PM CDT
Chevro Corp.'s (CVX) troubled Big Foot platform has been dragged out of the Gulf of Mexico back to South Texas.
XOM: 82.98 (+0.09), COP: 54.61 (+0.03), OXY: 73.71 (-0.63), CVX: 91.24 (-0.38)
Would Environmental Gains Be as Great If Oil Wasn't So Cheap?
at The Street - Thu Oct 22, 11:11AM CDT
Probably not. And stay away from Canadian oil companies.
SU: 28.45 (-0.63), PBR: 4.98 (-0.01), HK: 0.85 (unch), ECA: 8.04 (-0.16), RDS.A: 54.40 (-0.99), CPG: 13.83 (-0.24), XOM: 82.98 (+0.09), ENB: 43.20 (-0.47), CVE: 15.09 (-0.19), SLB: 78.35 (+0.09)
Stock Market News for October 22, 2015
Zacks Equity Research - Zacks Investment Research - Thu Oct 22, 9:10AM CDT
Benchmarks ended Wednesday’s volatile trading session in the red following declines in healthcare and energy shares
KO: 42.79 (-0.45), KMI: 29.23 (-0.52), VRX: 116.16 (+6.29), MDT: 73.69 (+0.62), PFE: 34.05 (+0.72), UNH: 115.92 (+2.11), AMGN: 155.75 (+3.44), XOM: 82.98 (+0.09), COP: 54.61 (+0.03), BMY: 65.16 (+1.98), BA: 146.70 (+0.39), YHOO: 33.17 (+1.50), GM: 35.95 (+0.53), CVX: 91.24 (-0.38), OXY: 73.71 (-0.63)
Polypropylene Market 2013-2019 - Packaging, Automotive, Consumer Products, Electrical & Electronics, Construction and Other End-User Industry Analysis
M2 - Thu Oct 22, 6:50AM CDT
Research and Markets (http://www.researchandmarkets.com/research/3xxsxc/polypropylene) has announced the addition of the "Polypropylene Market For Packaging, Automotive, Consumer Products, Electrical & Electronics, Construction and Other End-User Industries - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering. Increasing demand for polypropylene in the food & beverages packaging industry coupled with rising demand for lightweight vehicles is expected to boost growth of the polypropylene market in the next few years. However, increasing concern about adverse effects of plastics on the environment and volatile raw material prices are likely to restrain growth of the polypropylene market. Polypropylene manufacturers are shifting their focus toward biobased polypropylene and are likely to provide significant opportunities by 2023. In terms of volume, packaging was the largest and fastest-growing segment of the global polypropylene market, accounting for more than 45% share in 2014. Polypropylene has distinguished utilities in both flexible and rigid packaging due to its ability to resist strong chemicals and high temperature. Automotive emerged as the second-largest segment of the global polypropylene market in 2014. Robust demand for lightweight motor vehicles in emerging as well as developed regions is estimated to accelerate growth of the polypropylene market. In terms of volume, Asia Pacific accounted for over 50% share of the global polypropylene market in 2014 and is estimated to increase its share by 2023. High demand for polypropylene is anticipated in China, India, Brazil, and countries in ASEAN due to increasing demand for food containers in these countries. Furthermore, increase in the number of large supermarkets in these countries is augmenting demand for polypropylene in packaging. Europe is a mature market for polypropylene; however, strong demand from the automotive industry is projected to drive the polypropylene market in the region during the forecast period. Automobile manufacturers in Europe have to meet tough directives from the European Union (EU) in order to achieve improved environmental performance. EU's ongoing drive has been established as part of the climate protection program. The market in Latin America is expected to expand at an above-average rate due to high demand for polypropylene in packaging, automotive, and construction industries. Evolving expenditure style that is inclined toward purchase of packaged materials in BRICS economies has driven demand for polypropylene. Automobile manufacturers are setting up their assembling units in the Middle East due to availability of cheap labor and raw material, thus propelling the polypropylene market in the region. Key Topics Covered: Chapter 1 Preface Chapter 2 Executive Summary Chapter 3 Polypropylene Market - Industry Analysis Chapter 4 Price Trend Analysis Chapter 5 Polypropylene Market - End-User Industry Analysis Chapter 6 Polypropylene Market - Regional Analysis Chapter 7 Company Profiles - BASF SE - Borealis AG - Braskem S.A. - ExxonMobil Corporation - Formosa Plastics Corporation, U.S.A - INEOS Group Holdings S.A - Japan Polypropylene Corporation - LyondellBasell Industries N.V. - PetroChina Company Limited - Reliance Industries Limited - SABIC - Sinopec - Total S.A. For more information visit http://www.researchandmarkets.com/research/3x...ypropylene
XOM: 82.98 (+0.09), PTR: 82.38 (+0.52)
'Fast Money' Recap: Don't Follow Bill Ackman Into Valeant
at The Street - Thu Oct 22, 4:00AM CDT
The trading panel discussed gambling on Valeant, oil stocks and Twitter.
VRX: 116.16 (+6.29), EBAY: 28.16 (+0.58), EOG: 85.43 (-0.37), APA: 46.49 (+0.52), XOM: 82.98 (+0.09), CVX: 91.24 (-0.38), TWTR: 30.28 (+1.13)
ExxonMobil says Climate Research Stories Inaccurate and Deliberately Misleading
Business Wire - Wed Oct 21, 6:04PM CDT
Exxon Mobil Corporation (NYSE:XOM) said today that media and environmental activists' allegations about the company's climate research are inaccurate and deliberately misleading.
XOM: 82.98 (+0.09)
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
Zacks Equity Research - Zacks Investment Research - Wed Oct 21, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
PSX: 83.35 (+0.74), VLO: 61.75 (+1.39), COP: 54.61 (+0.03), XOM: 82.98 (+0.09), CVX: 91.24 (-0.38)
These 10 S&P 500 Companies Are Spending Loads of Cash on Stock Buybacks
at The Street - Wed Oct 21, 7:10AM CDT
The companies of the S&P 500 spent $555.5 billion on stock buybacks in the period of a year -- and 10 firms spent nearly a quarter that amount combined.
JNJ: 100.31 (+0.78), GILD: 107.99 (+0.39), PFE: 34.05 (+0.72), QCOM: 60.72 (+0.29), XOM: 82.98 (+0.09), WFC: 54.75 (+0.69), INTC: 34.90 (+0.50), MSFT: 52.87 (+4.84), AAPL: 119.08 (+3.58), ORCL: 38.07 (+0.28)
Investing Pros' 6 Best ETF Picks For Final Quarter
at Investor's Business Daily - Tue Oct 20, 5:53PM CDT
Battered stock ETFs staged one heck of a comeback in the past month, as volatility continues to reign in the stock market. Amid the stock market gyrations, ETF investors showed a distinct preference for large value funds, which tend to be packed with...
GE: 29.51 (-0.07), SHYG: 46.79 (+0.11), LDUR: 101.19 (+0.14), XOM: 82.98 (+0.09), PGX: 14.79 (unch), T: 33.74 (-0.22), XLP: 50.74 (-0.08), SPY: 207.51 (+2.25), FDL: 24.04 (unch), MLPX: 14.66 (-0.03), EFA: 62.06 (+0.61), VWO: 36.41 (+0.24), XLI: 54.66 (+0.20)
How Has Low Oil Price & Money Laundering Hurt Petrobras?
Zacks Equity Research - Zacks Investment Research - Tue Oct 20, 3:05PM CDT
We issued an updated research report on the Brazilian state-run energy player, Petroleo Brasileiro S.A. or Petrobras (PBR) on Oct 16, 2015.
PBR: 4.98 (-0.01), RDS.A: 54.40 (-0.99), XOM: 82.98 (+0.09), BP: 35.72 (-0.20)
U.S. Crude Supplies Jump 7.5M Barrels on Low Refinery Runs
Nilanjan Choudhury - Zacks Investment Research - Tue Oct 20, 2:45PM CDT
EIA reported a considerable build in crude stockpiles as refinery activity slowed further.
PSX: 83.35 (+0.74), VLO: 61.75 (+1.39), XOM: 82.98 (+0.09), COP: 54.61 (+0.03), HFC: 46.93 (+0.53), CVX: 91.24 (-0.38)