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XOM
Exxon sues Treasury over 2M sanctions penalty
Exxon Mobil NYSE XOM says it will sue the U S government to stop a 2M penalty over alleged violations of Ukraine related sanctions arguing that the Treasury Department based the penalty on a retroactive re interpretation of the sanctions law that did not align with previously issued guidance XOM says it was fol...
XOM
Exxon sues U S over fine levied for Russia deal under Tillerson
By Yeganeh Torbati and Ernest Scheyder WASHINGTON HOUSTON Reuters Exxon Mobil Corp NYSE XOM sued the U S government on Thursday blasting as unlawful and capricious a 2 million fine levied against it for a three year old oil joint venture with Russia s Rosneft The U S Treasury Department on Thursday mor...
CSCO
Cisco Down On Earnings Possible Double Top
Cisco Systems NASDAQ CSCO traded 4 lower on Thursday morning after reporting in line earnings The company reported earnings per share of 0 66 and total revenue of 12 46 billion just above analyst expectations of 0 65 and 12 43 billion Likewise they provided guidance for next quarter of between of 0 68 and ...
XOM
Trump Bids Adieu to Paris Agreement What Now
Surprising no one last week President Donald Trump announced his decision to withdraw the U S from the Paris climate agreement highlighting the depth of his commitment to keep America First Also surprising no one the media is making much of the fact that the U S now joins only Nicaragua and Syria in refusing t...
VZ
Friday s Stock Market Forecast Outlook Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Friday uncertain ES pivot 2081 25 Holding below is bearish Next week bias uncertain technically Monthly outlook bias lower Single stock trader VZ not a swing trade buy I called the Dow higher for Wednesday but the market finished vi...
VZ
Monday s Stock Market Forecast
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2089 92 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ now a speculative swing trade buy Recap I decided to take last week off because I w...
VZ
Starting December With Tuesday higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher ES pivot 2084 42 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still a speculative swing trade buy Monday ran true to historical form as the Dow...
VZ
Monthly Bias Higher But Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 2095 00 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ now a swing trade hold After looking like it was going to break to the downside...
VZ
Chart Confusion So Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 2087 17 Holding below is bearish Friday bias uncertain technically Monthly outlook bias higher Single stock trader N VZ not a swing trade buy Recap Well Wednesday afternoon Auntie Janet Spaketh and Mr ...
VZ
Friday Could Be A Hammer Day
The Hoot Actionable ideas for the busy trader delivered daily right up front Friday higher ES pivot 2087 17 Holding below is bearish Next week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy I m sure glad I called Thursday uncertain because the Dow had its...
VZ
Daily Stock Market Forecast Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2080 33 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ not a swing trade buy Last night I thought that the market was going to be in for ...
VZ
Stock Market Forecast Wednesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 2063 50 Breaking above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ not a swing trade buy Mr Market sometimes goes through phases of obsessive co...
XOM
U S foreign chief Tillerson arrives in Gulf for talks on Qatar crisis
By Jonathan Landay and Tom Finn ISTANBUL DOHA Reuters U S Secretary of State Rex Tillerson arrived in Kuwait on Monday for talks aimed at resolving the crisis triggered by the the cutoff of links with Qatar by Saudi Arabia and Arab allies allies In Doha a Western diplomat said creation of a terror finance monit...
XOM
Exxon upgraded at Barclays as stock likely has bottomed out
Exxon Mobil XOM 0 4 is a bit higher after a Barclays LON BARC upgrade to Overweight from Equal Weight with a 94 price target citing the stock s recent underperformance vs peers and the company s leading near term position in the low commodity price environment The high 70s to low 80s recent share pric...
XOM
Exxon enforcement of Venezuela award voided by U S appeals court
A U S appeals court says Exxon Mobil XOM 0 2 cannot enforce a 1 6B international arbitration award against Venezuela related to a 2007 asset seizure The appeals court says a lower court judge incorrectly excused XOM from complying with procedural requirements to enforce the 2014 award which was made by the Wo...
XOM
Exxon blocked from enforcing Venezuela arbitration award U S appeals court
By Jonathan Stempel NEW YORK Reuters A U S appeals court said on Tuesday that Exxon Mobil Corp N XOM cannot enforce a large international arbitration award against Venezuela stemming from an asset seizure in 2007 when the country was nationalizing its oil industry The 2nd U S Circuit Court of Appeals in Man...
XOM
Critics argue for Groningen shutdown at Dutch court hearing
Angry Dutch residents living near the huge Groningen gas field told a hearing today at the Netherlands highest court that production should be totally stopped accusing oil companies of causing minor earthquakes and the government of lying The Council of State is holding two days of hearings to consider appeals again...
CSCO
Cisco CSCO Narrowly Beats Q3 Earnings Revenue Estimates
Cisco Systems Inc NASDAQ CSCO just released its third quarter fiscal 2018 financial results posting adjusted earnings of 0 66 per share and revenues of 12 46 billion Cisco is currently a Zacks Rank 2 Buy which is subject to change based on today s results Shares of Cisco are up nearly 32 over the last y...
CSCO
Chart Of The Day Is Cisco s Earnings Downtrend About To End
Cisco Systems NASDAQ CSCO is slated to release corporate results for Q3 2018 today after the market close Eight Zacks Investment Research analysts forecast that the networking and IT products giant will show EPS of 0 59 EPS up from the 0 54 EPS it posted for the same quarter last year For Cisco 2017 was a good y...
CSCO
Trade Desk Scotts Miracle Gro And Cisco Systems Highlighted As Zacks Bull And Bear Of The Day
For Immediate ReleaseChicago IL May 17 2018 highlights The Trade Desk NASDAQ TTD as the Bull of the Day Scotts Miracle Gro Co NYSE SMG as the Bear of the Day In addition Zacks Equity Research provides analysis on Cisco Systems Inc NASDAQ CSCO Here is a synopsis of all three stocks Trading pub...
CSCO
Intraday Examination Cisco Treasurys S P Nasdaq
One of the few big companies left to report earnings was Cisco It doesn t look like the market is taking the news especially well There was a time in history around 2000 such a drop would guarantee a huge down day tomorrow Errr not so much anymore Cisco isn t the largest company on the planet like it used to be ...
CSCO
Cisco Down Despite Upbeat Q3 Earnings
American technology company Cisco Systems NASDAQ CSCO shares fell more than 4 during the after hours trading on Wednesday despite a better than expected quarterly earnings report that exceeded estimates The company posted a weak guidance for its upcoming fiscal fourth quarter report According to Cisco the company...
XOM
Exxon Declares Completion Of Two Polyethylene Lines In Texas
ExxonMobil Corporation s NYSE XOM subsidiary company ExxonMobil Chemical Company announced the mechanical completion of two new 650 000 tons per year high performance polyethylene lines at its plastics plant in Mont Belvieu TX The company anticipates production to commence during the third quarter of 2017 The pro...
XOM
The Commodity Cycle What It Means For Precious Metals Prices
The cycle for any commodity follows the same basic pattern When prices are low production falls As new supplies diminish the market tightens and prices move higher The higher prices incentivize producers to invest in production capacity and increase output Eventually the market becomes oversupplied prices fall ...
XOM
Exxon Mobil TOTAL Show Interest In Greece Exploration Sites
Greece recently received expression of interest from a consortium comprising Exxon Mobil Corporation NYSE XOM TOTAL SA NYSE TOT and Hellenic Petroleum for the exploration of oil and gas at two resources located offshore the island of Crete What s the Exploration Plan About Owing to an extended phase of fina...
XOM
Pound Left Poll Dancing
Sterling clearly remains poll sensitive Yesterday the pound suffered another day in the demonic washing machine that is UK politics as the losses inspired by the YouGov projections of a hung parliament were reversed on yet another poll showing the Conservatives with a strong lead This time Panelbase put Theresa Ma...
VZ
Going Out On A Limb To Call Monday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher ES pivot 2090 08 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Recap I have to admit I m a bit surprised by Friday s ...
VZ
Tuesday Higher Only If ES Breaks Above New Pivot By Mid Morning
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher only if ES breaks above its new pivot else lower ES pivot 2077 58 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Wel...
VZ
Out On A Limb To Call Wednesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 2073 83 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Tuesday ended mixed with the Dow up but the Nasdaq ...
VZ
If ES Breaks Above New Pivot By Mid Morning Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher only if ES breaks above its pivot else lower ES pivot 2074 67 Holding below is bearish Friday bias uncertain technically Monthly outlook bias higher Single stock trader N VZ now a speculative swing trade buy These ...
VZ
Friday Stock Market Forecast VZ Not A Swing Trade Buy
The Hoot Actionable ideas for the busy trader delivered daily right up front Friday lower ES pivot 2074 67 Holding below is bearish Next week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap Last night s conditional call for Thursday worked as expected...
VZ
After Disappointing End To Down Week Calling Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2025 33 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader N VZ not a swing trade buy Last Thursday night I noted that the charts were looking prett...
VZ
With Bullish Engulfing Candles Galore Calling Tuesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher ES pivot 2032 50 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader N VZ not a swing trade buy Recap Well that was certainly interesting The market complet...
VZ
Given Overall Contradictory Signals Calling Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2051 33 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader N VZ no longer a swing trade buy On Tuesday the markets tried to keep the momentum...
VZ
Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher ES pivot 2068 42 Holding above is bullish Friday bias uncertain technically Monthly outlook bias lower Single stock trader VZ not a swing trade buy Wednesday morning Mr Market must have been anticipating the Fed min...
XOM
Vietnam renews India oil deal in tense South China Sea
By Mai Nguyen Nidhi Verma and Sanjeev Miglani HANOI NEW DELHI Reuters Vietnam has extended an Indian oil concession in the South China Sea and begun drilling in another area it disputes with China in moves that could heighten tensions over who owns what in the vital maritime region The moves come at a delicate ti...
XOM
Exxon cut to Sector Perform at RBC as positives already priced in
Exxon Mobil XOM 0 8 is downgraded to Sector Perform from Outperform with a 95 price target at RBC Capital which says XOM s differentiated downstream positioning generates a significant portion of its free cash flow but already is reflected in the stock s valuation RBC says XOM has sported consistent best in cl...
XOM
Vote counting begins in Papua New Guinea amid electoral roll confusion
By Ben Cooper SYDNEY Reuters Vote counting has begun in Papua New Guinea PNG signaling an end to a general election marred by poor organization and opposition accusations of electoral roll irregularities which experts said could ignite protests Voting was set to finish across the country on Saturday but with ...
XOM
U S s Tillerson praises Turkish courage during coup attempt
ISTANBUL Reuters U S Secretary of State Rex Tillerson on Sunday praised the courage of the Turkish people in defending democracy from an attempted coup almost exactly a year ago although he made no mention of the widespread crackdown that has followed Speaking at the opening ceremony of an oil conference in Ista...
XOM
Two senior Republican senators criticize Tillerson comments on Russia
By Valerie Volcovici WASHINGTON Reuters Two senior Republican U S senators criticized Secretary of State Rex Tillerson on Sunday for saying that Russia may have the right approach on Syria and for what they called his lack of focus on Afghanistan and Pakistan His statements about Syria really disturb me No ...
XOM
After Iran move Total seen in pole position to snap up Qatar gas deals
By Tom Finn Ron Bousso and Dmitry Zhdannikov DOHA LONDON Reuters Total is well placed to take a lead role in helping Qatar expand output from the world s largest gas field largely thanks to its involvement in the Iranian side of the shared deposit two sources familiar with Doha s thinking said That puts the Fre...
XOM
Reuters Total in strongest position help Qatar expand natural gas output
Total TOT 0 6 is in a strong position to take a lead role in helping Qatar expand production from the South Pars gas field the world s largest largely because of its involvement in the Iranian side of the shared deposit Reuters reports citing sources familiar with the government s thinking TOT s signing last...
CSCO
Has Cisco Systems CSCO Outpaced Other Computer And Technology Stocks This Year
Investors focused on the Computer and Technology space have likely heard of Cisco Systems NASDAQ CSCO but is the stock performing well in comparison to the rest of its sector peers One simple way to answer this question is to take a look at the year to date performance of CSCO and the rest of the Computer and Techn...
XOM
Exxon Mobil XOM To Foray Into The Mexican Fuel Market
Energy giant Exxon Mobil Corporation NYSE XOM recently announced its intention to enter the retail fuel market of Mexico To this end the company is likely to spend almost 300 million over the next 10 years The integrated energy company is anticipated to launch its first fuel service station in central Mexico un...
XOM
ExxonMobil SABIC Ink Deal To Forge Ahead With U S Project
ExxonMobil Corporation s NYSE XOM affiliates and SABIC recently inked an agreement to carry out a comprehensive study of the planned Gulf Coast Growth Ventures project in Texas The companies are also likely to start planning for front end engineering and design work ExxonMobil and SABIC had chosen a site in San Pa...
CSCO
Exclusive China Telecom plans bid to build Mexico broadband network sources
By Christine Murray MEXICO CITY Reuters China s third largest carrier China Telecom is preparing a possible bid for a contract to build and run a new mobile broadband network in Mexico and is seeking local partners to join it in a consortium three people with knowledge of the matter said It has already secured up...
CSCO
Apollo to pay more on Presidio amid reputational credit questions
By Lisa Lee Mike Stone and Mariana Santibanez NEW YORK Reuters This story filed on January 22 2015 has been refiled to clarify proposed creditor terms of the Caesars bankruptcy and related quotation The term debt financing backing Apollo Global Management LLC s APOLO UL buyout of information technology servi...
CSCO
Telecom network spending seen rising this year amid 4G boom
By Leila Abboud and Olof Swahnberg PARIS STOCKHOLM Reuters Europe s telecoms equipment makers look set for an unpredictable year because of consolidation among their operator customers and a slowdown of buildouts of faster mobile networks known as 4G in the United States and China Nevertheless overall spending ...
VZ
Thursday Uncertain Charts Bearish But Futures Climbing Non Trivially
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 2016 75 Holding below is bearish Friday bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Recap Well it looks like it s time for another Night Ow...
VZ
With The Futures Guided Lower Sunday Night Calling Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2064 58 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Thursday night I called the market higher and responded...
VZ
Tired Market And Topping Signs Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2085 92 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Monday turned out be one of those Days of Nothing and ...
VZ
Never Outguess The Fed Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2058 83 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Recap On Tuesday the market pretty much confirm...
VZ
If ES Remains Above Pivot By Mid Morning Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher only if ES remains above its pivot else lower ES pivot 2058 83 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Last ...
VZ
Markets Seem To Have Topped So Calling Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2079 42 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Although the spooky month of October went out with a ba...
VZ
No Clarity In The Charts Tuesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday uncertain ES pivot 2086 58 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Well when I m wrong I m wrong ES was looking pre...
VZ
Wednesday Higher Only If ES Remains Above Pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher only if ES remains above its pivot else lower ES pivot 2100 75 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy In ...
VZ
Charts Negative So Calling Thursday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday lower ES pivot 2098 33 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy My conditional forecast last night for Wednesday work...
VZ
Friday Stock Market Forecast
The Hoot Actionable ideas for the busy trader delivered daily right up front Friday uncertain ES pivot 2098 33 Holding below is bearish Next week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Thursday was a squeaker I called it lower and indeed ...
XOM
Voting in Papua New Guinea marred by problems with electoral rolls disruptions
By Harry Pearl SYDNEY Reuters Polling in Papua New Guinea has been hampered by reports of disruptions and voters being left off the electoral roll but the head of an international election observer group said on Sunday there was no evidence they were deliberate The two week long election to decide who will lead t...
XOM
Eventual Groningen shutdown can t be ruled out hitting Exxon analyst says
Exxon Mobil s XOM 1 4 organic growth could be hurt by problems at the Groningen gas field it shares with Royal Dutch Shell LON RDSa as production caps caused by rising earthquakes in the region eventually could even lead to a total shutdown says Raymond James analyst Pavel Molchanov An eventual field shutdow...
XOM
Exclusive Energy giants court Qatar for gas expansion role despite crisis
By Ron Bousso and Dmitry Zhdannikov LONDON Reuters The West s three biggest energy corporations are lobbying Qatar to take part in a huge expansion of its gas production handing Doha an unintended but timely boost in its bitter dispute with Gulf Arab neighbors The chief executives of ExxonMobil N XOM Royal Dut...
XOM
Reuters Exxon Shell and Total might expand in Qatar
Exxon Mobil NYSE XOM Royal Dutch Shell LON RDSa RDS A RDS B and Total NYSE TOT are lobbying Qatar to take part in the country s expansion of its gas production Reuters reports handing the government an unintended but timely boost in its dispute with Saudi Arabia and other Persian Gulf neighbors The CEOs o...
XOM
Are Exxon And Petrobras Forming A Strategic Partnership
According to recent reports ExxonMobil Corporation NYSE XOM and Petroleo Brasileiro SA or Petrobras Enegia Participaciones are holding discussions to form a strategic partnership to include multiple assets in Brazil and overseas in different segments of the industry Per sources the deal is expected to give Exxon...
XOM
ExxonMobil To Acquire Petrochemical Plant In Singapore
ExxonMobil Corporation NYSE XOM recently announced that it is acquiring a massive petrochemical plant in Singapore from Jurong Aromatics Corporation Pte Ltd at a discounted price ExxonMobil refused to reveal the exact acquisition price The transaction is expected to be completed in the second half of 2017 The pl...
XOM
ExxonMobil s Muruk 1 Sidetrack Well Yields Positive Results
ExxonMobil Corporation NYSE XOM recently came up with positive drilling results on the Muruk 1 sidetrack well in the Papua New Guinea PNG North Highlands Located 13 miles 21 kilometers northwest of the Hides gas field the Muruk 1 sidetrack well hit high quality sandstone reservoirs southwest of the Muruk 1 n...
CSCO
U S Supreme Court agrees to hear Cisco patent infringement case
By Lawrence Hurley WASHINGTON Reuters The U S Supreme Court on Friday agreed to review a patent infringement case involving Cisco Systems Inc that could have broad impact on companies ability to defend themselves from similar litigation The court said it will consider an earlier ruling by an appeals court that...
CSCO
Cisco Systems sues rival for infringement of network patents
WASHINGTON Reuters Network equipment maker Cisco Systems Inc filed two lawsuits on Friday against Arista Networks Inc accusing the smaller rival of copying its networking technologies The lawsuits filed in a federal court in California accuse Arista of infringing on 14 patents on networks and also on related c...
VZ
Charts Looking Tired So Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2008 92 Holding below is bearish Rest of week bias lower technically Monthly outlook bias higher Single stock trader N VZ not a swing trade buy Recap Well it was about what I expected on Monday with a sem...
VZ
Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher ES pivot 1989 42 Holding above is bullish Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap After three days of small range moves the Dow finally...
VZ
If ES Can Break Above New Pivot By Mid Morning Day Will Close Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher only if ES breaks above its pivot else lower ES pivot 2021 42 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Recap I ...
VZ
Despite Toppy Charts Premature To Call A Top Tuesday Uncertain
Actionable ideas for the busy trader delivered daily right up front Tuesday uncertain ES pivot 2023 25 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Recap It was another snoozer of a day on Wall St with the D...
VZ
Although Charts Unclear Calling Wednesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 2023 50 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader N VZ still not a swing trade buy Recap It seems more like the dog days of summer tha...
VZ
Crude oil falls in mid day U S trade
Investing com Crude oil futures moved lower in U S trade Friday as a better than expected U S labor report was not enough to overcome stagnant figures for unemployment for the world s largest energy consumer On the New York Mercantile Exchange light sweet crude futures for November delivery traded at USD82 28 a...
VZ
U S stocks soar on solid July jobs data Dow up 1 69
Investing com U S stock prices soared Friday on news that the economy added far more jobs in July than expected At the close of U S trading the Dow Jones Industrial Average ended up 1 69 the S P 500 index was up 1 90 while the Nasdaq Composite index was up 2 00 The U S economy added a net 163 000 net nonfarm ...
XOM
Iraq s oil exports in June near May level oil minister says
By Aref Mohammed BASRA Iraq Reuters Iraq s oil exports from fields owned by the central government in Baghdad are at around 3 27 million barrels per day bpd so far in June about the same level as in May Oil Minister Jabar al Luaibi said on Thursday Total exports for all fields in Iraq those of Baghdad and t...
XOM
Papua New Guinea begins voting amid economic uncertainty
By Harry Pearl SYDNEY Reuters Papua New Guinea PNG began voting for a new parliament on Saturday in a two week long election to decide who will lead the resource rich nation through a period of significant economic uncertainty PNG has been hit hard by a slump in oil and gas prices and a 2016 drought that cripple...
XOM
Qatar s emir meets Exxon Mobil Corp CEO agency
Reuters The emir of Qatar met with Exxon Mobil Corp N XOM chairman and CEO Darren Woods in Doha on Saturday for talks on cooperation state news agency QNA reported following a rift between four Gulf states and Qatar that has raised worries about energy supplies Saudi Arabia the United Arab Emirates Bahra...
XOM
Qatar s emir meets Exxon Mobil CEO
The emir of Qatar met with Exxon Mobil NYSE XOM CEO Darren Woods in Doha on Saturday for talks on cooperation following a Gulf rift that has raised worries about energy supplies Qatar and Exxon have had LNG development agreements for more than a decade but the company said earlier this month that production and ...
XOM
Oil pipeline firms discounts rile clients roil markets
By Catherine Ngai NEW YORK Reuters U S pipeline operators are selling their underused space at steep discounts to keep crude flowing angering shippers and distorting an already opaque market for oil trading Pipeline firms such as Plains All American N PAA and TransCanada Corp TO TRP move about 10 million ...
XOM
Shell Exxon to appeal latest Groningen production cap
The NAM joint venture between Royal Dutch Shell LON RDSa RDS A RDS B and Exxon Mobil NYSE XOM says it will appeal against the Dutch government s plan to lower a production cap at the Groningen natural gas field by another 10 The 50 50JV says it has been left in an impossible position by being told it may c...
XOM
Rosneft sells 20 of Russian gas field to Chinese company for 1 1B
Rosneft OTC RNFTF says it hopes to access China s domestic gas market after completing a 1 1B deal to sell 20 of a Russian gas field to Beijing Gas The field located in east Siberia has proved natural gas reserves of 9 8B cm Rosneft also says it may build a liquefied natural gas plant in the far east using exc...
CSCO
Weak telecom spending emerging markets weigh on Cisco forecast
Reuters Network equipment maker Cisco Systems Inc forecast current quarter profit below analysts average estimate weighed down by capital budget cuts at telecom service providers and weak sales in emerging markets Cisco s shares reversed course in extended trading following the forecast and fell 1 percent They ...
VZ
Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 1926 92 Holding below is bearish Friday bias lower technically Monthly outlook bias lower Single stock trader VZ not a swing trade buy Recap My apologies to all my readers for having missed last night s p...
VZ
Unlikely Reversal Leads Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 1890 17 Holding below is bearish Rest of week bias higher technically Monthly outlook bias lower Single stock trader VZ no longer a swing trade buy Recap Last night demonstrated the problems we have on Sunday...
VZ
Wednesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 1875 08 Holding above is bullish Rest of week bias higher technically Monthly outlook bias lower Single stock trader VZ still not a swing trade buy Recap It was another crazy roller coaster day on Wall Str...
VZ
Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher ES pivot 1896 83 Holding above is bullish Friday bias higher technically Monthly outlook bias lower Single stock trader VZ still not a swing trade buy Recap Despite the bearish reputation of the last day of Septembe...
VZ
Tuesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday uncertain ES pivot 1964 00 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader NYSE VZ still not a swing trade buy Recap Last Friday was something of a question m...
VZ
Without Market Clarity Wednesday Expected To Be Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday lower ES pivot 1971 08 Holding below is bearish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap Last night I was getting mixed messages fro the charts and...
VZ
Thursday Lower As Futures Move Lower Non Trivially
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday lower ES pivot 1979 67 Holding below is bearish Rest of week bias lower technically Monthly outlook bias higher Single stock trader NYSE VZ not a swing trade buy Recap Well that was interesting I was reasonably certain t...
XOM
Analysts like deal that makes EQT largest U S natural gas producer
EQT Corp NYSE EQT was today s biggest loser shedding 8 9 even as its acquisition of Rice Energy NYSE RICE makes the company the top U S natural gas producer based on Q1 production The combined output for EQT and Rice in the quarter totaled 3 6B cf day beating out Exxon Mobil s NYSE XOM 3B cf day and Ch...
XOM
Oil traders brace for storm expected to hit U S Gulf Coast this week
Reuters Oil traders from Texas to Louisiana braced on Tuesday for supply disruptions as a potential tropical storm developing in the U S Gulf of Mexico threatened to hit refining and production centers with wind and rain later this week The Louisiana Offshore Oil Port the largest privately owned crude storage t...
XOM
Oil firms could waste trillions if climate targets reached report
By Ron Bousso LONDON Reuters Oil giants including Exxon Mobil NYSE XOM and Royal Dutch Shell LON RDSa risk spending more than a third of their budgets by 2025 on oil and gas projects that will not be feasible if international climate targets are to be met a thinktank says More than 2 trillion of planned in...
XOM
Argentine ADRs could have rough session after MSCI decision
MSCI last night surprised by not upgrading Argentina NYSEARCA ARGT to emerging market status meaning its stocks will not be able to be added to emerging markets indices Probably the most popular of Argentine ADRs is YPF and it s down 10 premarket BBVA MC BBVA Banco Frances NYSE BFR fell 7 6 after hours Cre...
XOM
Statoil gets Norway s OK for Njord Bauge developments
Statoil OL STL STO 1 9 says Norwegian authorities approved its 2 3B plan for the Njord and Bauge developments in the Norwegian Sea STO plans to upgrade the Njord A platform and the Njord Bravo FPSO vessel in an effort to recover resources remaining on the Njord and Hyme fields which are believed to hold 17...
XOM
Future World Economic Growth In Big Trouble As Oil Discoveries Fall
Future global economic growth is in serious trouble as oil discoveries fell to historic lows last year The International Energy Agency IEA reported that the sharp downturn in capital spending by the conventional oil sector was due to extremely low oil prices As the oil price fell to 30 in 2016 oil companies cut t...
XOM
PetroChina PTR Swings To Q1 Profit On Higher Oil Prices
Chinese energy giant PetroChina Co Ltd NYSE PTR announced first quarter 2017 earnings of RMB 5 699 million or RMB 0 03 per diluted share compared with a loss of RMB 13 786 million or RMB 0 08 per diluted share a year earlier Earnings per ADR came in at 44 cents Moreover China s dominant oil and gas producer s ...
CSCO
Big Tech winning battle with patent trolls
By Andrew Chung and Dan Levine Reuters For two decades companies that buy software patents to sue technology giants have been the scourge of Silicon Valley Reviled as patent trolls they have attacked everything from Google s online ads to Apple s iPhone features sometimes winning hundreds of millions of dollar...
VZ
Due For Retracement Of Tuesday s Move So Wednesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 1927 00 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader NYSE VZ not a swing trade buy Recap Last night I noted a number of good reversal sign...
VZ
Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 1934 42 Holding above is bullish Friday bias uncertain technically Monthly outlook bias lower Single stock trader VZ not a swing trade buy Last week it took five big down days before we finally got a 50 r...
VZ
ES Up 0 52 So Calling Tuesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher ES pivot 1926 25 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader NYSE VZ still not a swing trade buy Recap Last Thursday night I thought the market was...