Stock Market News for June 10, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:10AM CDT
Stronger dollar resulted in a decline in oil prices which led the benchmarks to close in the red on Thursday
RH: 26.56 (-1.85), NUE: 50.50 (-0.05), VMC: 115.49 (-1.34), FCX: 10.36 (-0.54), C: 43.90 (-1.11), HAL: 44.38 (-1.12), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), BAC: 13.83 (-0.36), WFC: 48.34 (-0.80), SLB: 78.53 (-1.43), LYB: 80.47 (+0.55), PXD: 159.55 (-4.65), GS: 149.89 (-3.28), JPM: 63.84 (-0.91), TSO: 77.21 (-1.54), CVX: 101.98 (-0.83)
Look for Shares of Tesoro to Potentially Pullback after Yesterday's 2.99% Rise
Comtex SmarTrend(R) - Tue Jun 07, 1:45PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $80.31 to a high of $83.14. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $82.95 on volume of 929,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TSO: 77.21 (-1.54)
After Yesterday's Rally of 2.99% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Jun 07, 1:44PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $80.31 to a high of $83.14. Yesterday, the shares gained 3.0%, which took the trading range above the 3-day high of $82.95 on volume of 929,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TSO: 77.21 (-1.54)
After Yesterday's Rally of 1.88% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Wed Jun 01, 12:49PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $77.45 to a high of $80.38. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $78.98 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TSO: 77.21 (-1.54)
Tesoro Rises 1.88% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jun 01, 12:47PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $77.45 to a high of $80.38. Yesterday, the shares gained 1.9%, which took the trading range above the 3-day high of $78.98 on volume of 1.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TSO: 77.21 (-1.54)
Oil & Gas Stock Roundup: Exxon Rejects Climate Change Proposals, Suncor Resumes Output Post Fire Shutdown
Nilanjan Choudhury - Zacks Investment Research - Tue May 31, 3:04PM CDT
Shareholders at Exxon Mobil (XOM) voted down climate change proposals, while Suncor Energy (SU) announced plans to restart operations after the Fort McMurray fires in Canada.
SU: 26.94 (-0.73), RDS.A: 51.31 (-1.01), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), XOM: 89.98 (-0.69), BP: 32.22 (-0.82), SDRL: 3.30 (-0.08)
Oil & Gas Stock Roundup: FMC Tech to Merge with Technip, Chevron Aims to Restart Gorgon
Nilanjan Choudhury - Zacks Investment Research - Tue May 24, 3:53PM CDT
Oilfield service providers FMC Technologies (FTI) and Technip have agreed to merge in a deal worth $13 billion, while Chevron (CVX) hopes to resume its Gorgon LNG operations soon.
PBR: 6.47 (-0.42), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), FTI: 27.47 (-0.80), SDRL: 3.30 (-0.08), CVX: 101.98 (-0.83), RDC: 18.03 (-1.27)
North Dakota housing fund threatened with drilling downturn
By JAMES MacPHERSON - AP - Thu May 19, 3:04PM CDT
BISMARCK, N.D. (AP) — A state income tax credit that helped subsidize construction of thousands of living spaces largely in western North Dakota's oil patch has outlived its usefulness with the downturn in drilling and a prolonged slump in crude prices, the chairmen of the Senate and House taxation committees say.
TSO: 77.21 (-1.54)
Tesoro Rises 3.62% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed May 18, 2:57PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $77.30 to a high of $80.11. Yesterday, the shares gained 3.6%, which took the trading range above the 3-day high of $78.83 on volume of 749,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TSO: 77.21 (-1.54)
National Society of High School Scholars Foundation Selects 20 Students as Winners of the Tesoro Youth Leadership Awards
PRWeb - Mon May 16, 6:06AM CDT
The National Society of High School Scholars Foundation (NSHSS Foundation) in partnership with Tesoro Corporation today announced the winners of the Tesoro Youth Leadership Award. Tesoro launched the Tesoro Youth Leadership Award scholarship program in 2014 to recognize high school seniors who are leading by example in their schools and communities.
TSO: 77.21 (-1.54)
The Zacks Analyst Blog Highlights: Royal Dutch Shell, EOG Resources, Apache, Marathon Oil and Tesoro
Zacks Equity Research - Zacks Investment Research - Wed May 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Royal Dutch Shell, EOG Resources, Apache, Marathon Oil and Tesoro
RDS.A: 51.31 (-1.01), TSO: 77.21 (-1.54), EOG: 81.56 (-3.02), APA: 53.52 (-2.31), MRO: 13.42 (-0.84)
Oil & Gas Stock Roundup: Shell, EOG Withstands Crude Crash to Q1 Beat
Nilanjan Choudhury - Zacks Investment Research - Tue May 10, 1:53PM CDT
Royal Dutch Shell (RDS.A) and EOG Resources (EOG) posted Q1 outperformance despite the dramatic fall in commodity prices.
RDS.A: 51.31 (-1.01), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), EOG: 81.56 (-3.02), APA: 53.52 (-2.31), MRO: 13.42 (-0.84)
Stock Market News for May 10, 2016
Zacks Equity Research - Zacks Investment Research - Tue May 10, 9:10AM CDT
Benchmarks closed mixed on Monday after gains in healthcare stocks offset declines in energy stocks
BIIB: 246.13 (-4.33), SE: 33.40 (-0.36), PFE: 35.29 (-0.02), HAL: 44.38 (-1.12), AMGN: 154.78 (-2.00), CELG: 102.91 (-3.22), AGN: 240.93 (-6.47), JNJ: 117.01 (+0.01), TSO: 77.21 (-1.54), GILD: 84.45 (-1.32), MRK: 56.81 (-0.37), TEVA: 53.01 (-0.30), ABBV: 61.00 (+0.25), OXY: 75.45 (-0.15), SWN: 13.15 (-1.59)
Look for Shares of Tesoro to Potentially Rebound after Yesterday's 2.67% Sell Off
Comtex SmarTrend(R) - Mon May 09, 3:22PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $74.44 to a high of $78.37. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $75.96 on volume of 933,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TSO: 77.21 (-1.54)
Tesoro Set to Possibly Rebound After Yesterday's Selloff of 2.67%
Comtex SmarTrend(R) - Mon May 09, 3:20PM CDT
Tesoro (NYSE:TSO) traded in a range yesterday that spanned from a low of $74.44 to a high of $78.37. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $75.96 on volume of 933,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
TSO: 77.21 (-1.54)
Tesoro (TSO) Q1 Earnings Strong on High Consumer Demand
Zacks Equity Research - Zacks Investment Research - Thu May 05, 8:39AM CDT
Tesoro Corporation (TSO) reported first-quarter 2016 adjusted earnings from continuing operations of $1.19 per share, which surpassed the Zacks Consensus Estimate of $1.04.
BAK: 11.46 (-0.32), TSO: 77.21 (-1.54), SDLP: 5.61 (-0.39), PTR: 70.93 (-1.99)
Tesoro Corp. beats 1Q profit forecasts
Automated Insights - Wed May 04, 4:17PM CDT
SAN ANTONIO (AP) _ Tesoro Corp. (TSO) on Wednesday reported first-quarter profit of $69 million.
TSO: 77.21 (-1.54)
TESORO LOGISTICS LP REPORTS FIRST QUARTER 2016 RESULTS
Globe Newswire - Wed May 04, 4:06PM CDT
- Net earnings of $92 million, or $0.64 per diluted common limited partner unit
TSO: 77.21 (-1.54), TLLP: 48.27 (-0.45)