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XOM
Exxon Mobil May Acquire Interest In Mozambique Gas Project
As per media reports Exxon Mobil Corporation NYSE XOM is contemplating acquiring a stake in a large Mozambique natural gas development project from Anadarko Petroleum Corporation NYSE APC and Eni SpA TO E News agency Bloomberg reported that if the the gas deal is sealed it would reap huge benefits for th...
XOM
On An Uptrend Russia Could Explode
Late last year I recommended investing in one of the most hated dirt cheap stock markets in the world Russia After struggling for a bit my three plays on Russia have taken off thus far in 2016 up 21 8 31 4 and 41 8 respectively Meanwhile the S P 500 Index is up only 3 4 This Russian rebound reaffirms m...
XOM
ExxonMobil XOM Hits 52 Week High On Rising Crude Prices
Shares of ExxonMobil Corp NYSE XOM hit a 52 week high of 93 98 on Jul 1 2016 Shares closed at 93 84 reflecting a solid return of 12 8 over the past three months The average trading volume for the last three months aggregated 10 792 700 shares The energy major has a market cap of 389 12 billion Over the p...
PCG
PG E adds to losses reportedly aware of power line problems in fire area
PG E PCG 1 1 extends three days of losses that have knocked a third off the share price as scrutiny rises over the role some of its power lines may have played in northern California s deadly wildfire that is only 30 contained Cal Fire says the so called Camp Fire raging 175 miles north of San Francisco has ex...
PCG
PG E shares dive after utility flags impact from Camp wildfire
Reuters Shares of utility PG E Corp N PCG fell 18 percent on Wednesday after the company warned of liquidity concerns if its equipment was found responsible for starting the Camp wildfire currently raging in California The company said liabilities related to the wildfires could exceed its recently renewed insura...
PCG
PG E PCG Gains But Lags Market What You Should Know
In the latest trading session PG E PCG closed at 24 40 marking a 1 88 move from the previous day This change lagged the S P 500 s 3 43 gain on the day At the same time the Dow added 3 29 and the tech heavy Nasdaq gained 4 26 Prior to today s trading shares of the utility holding company had lost 7 99 o...
PCG
Why PG E PCG Could Beat Earnings Estimates Again
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report PG E PCG which belongs to the Zacks Utility Electric Power industry could be a great candidate to consider This utility holding company has seen a nice str...
PCG
Utility Destroyed
How s it going at PCG Well they re evidently going to declare bankruptcy and the stock price has returned to the same level it was in 1990 The finest corporate leadership since Elizabeth Holmes but much better paid
XOM
Sunoco Logistics Exxon to combine pipeline assets in new joint venture
Sunoco Logistics Partners NYSE SXL says it is forming a joint venture with ExxonMobil NYSE XOM to combine some of their key crude oil logistics assets The JV expands SXL s west Texas footprint and comes less than two months after an announcement to buy Vitol s crude oil unit in the Permian for 760M SXL will c...
XOM
Exxon VP calls climate change serious risk in tweet
Two days after Donald Trump won the White House ExxonMobil NYSE XOM makes clear its position on climate change tweeting that The Paris agreement is an important step forward by governments in addressing the serious risks of ClimateChange Suzanne McCarron XOM s VP of public and government affairs and author of...
XOM
Exxon adds New York to lawsuit in bid to stop climate change probe
ExxonMobil XOM 1 1 adds New York s attorney general to the lawsuit it filed in June against the Massachusetts AG in a bid to stop an investigation into what the company knew about climate change The company says the two attorneys general are conducting improper and politically motivated investigations of Exxon M...
XOM
Emerging Markets To Drive The Future Of Coal
Potentially Rewarding Market Trends World demand for coal is expected to grow by 7 percent through 2030 as a result of emerging markets prioritizing cost effective energy production methods over environmental sustainability India and Southeast Asia hold 26 percent of the world s population but account for only 13 per...
XOM
ExxonMobil Reportedly Hits Huge Oil Gas Deposits In Guyana
ExxonMobil Corporation NYSE XOM is believed to have encountered large deposits of oil and gas in a recently drilled appraisal well offshore the South American county of Guyana The Energy Minister mentioned that the company is expected to drill another well in upcoming months Per officials ExxonMobil had already ...
PCG
PG E power lines tied to last year s Cascade fire Cal Fire probe says
The October 2017 Cascade wildfire in northern California was started by sagging power lines on equipment owned by Pacific Gas Electric PCG 1 4 which came into contact during heavy winds according to a Cal Fire investigation But Cal Fire says it did not find public resources code violations and forwarded its rep...
PCG
Twenty Years Of Gains Gone
Pacific Gas Electric NYSE PCG has been hammered by fire liability concerns and it is priced at the same level it was in 1998 It is down 75 which includes adjustments for dividends But hey 1998 wasn t so bad The government was running a SURPLUS and we were about 16 trillion less in debt
PCG
Bonds And Utilities Set For A Slide
I m keeping a close eye on the bonds which I believe will soon be repelled by those plunging moving averages The Utilities also interest sensitive should fall as well although they have been dramatically stronger which I find freakish considering PCG has lost the majority of its market cap in a very short span...
PCG
PG E PCG Stock Moves 1 33 What You Should Know
PG E PCG closed the most recent trading day at 26 75 moving 1 33 from the previous trading session This move was narrower than the S P 500 s daily loss of 3 24 At the same time the Dow lost 3 1 and the tech heavy Nasdaq lost 3 8 Heading into today shares of the utility holding company had lost 42 85 ove...
PCG
Why Is PG E PCG Down 44 9 Since Last Earnings Report
It has been about a month since the last earnings report for PG E PCG Shares have lost about 44 9 in that time frame underperforming the S P 500 Will the recent negative trend continue leading up to its next earnings release or is PG E due for a breakout Before we dive into how investors and analysts have react...
PCG
Should Value Investors Buy PG E PCG Stock
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks we also know that investors tend to develop their own individual strategies With this in mind we are always looking at value growth and momentum trends to discover great companies Of these perhaps no...
XOM
Exxon Mobil profit drops 38 percent but beats estimates
HOUSTON Reuters Exxon Mobil Corp N XOM the world s largest publicly traded oil company on Friday reported a 38 percent drop in quarterly profit that still beat Wall Street s expectations as cost cuts partly offset declining crude oil prices CLc1 Shares of Exxon were down 1 7 percent at 85 46 in morning tr...
XOM
Exclusive Oil majors join forces in climate push with renewable energy fund
By Ron Bousso LONDON Reuters Top oil companies including Saudi Aramco and Shell LON RDSa are joining forces to create an investment fund to develop technologies to promote renewable energy as they seek an active role in the fight against global warming sources said The chief executives of seven oil and gas co...
XOM
Saudi Naimi s battles against Western greed shine light on Aramco IPO
By Dmitry Zhdannikov LONDON Reuters As Saudi Arabia prepares for the world s biggest initial public offering IPO memoirs from its former oil minister Ali al Naimi offer a rare insight into decades of domestic infighting over the future of state run Saudi Aramco The 300 page book titled Out of the Desert and ...
XOM
InterOil rebounds as Exxon fully supportive of merger dealdeal
InterOil IOC 3 6 recoups much of its Friday losses after seeking to reassure investors that its deal to be acquired by ExxonMobil XOM 2 1 is still alive and well despite a Canadian court s ruling that the deal was unfair to shareholders IOC says XOM has advised that it remains fully supportive of the deal as t...
CSCO
Cisco CSCO To Invest 4 Billion In Mexico To Boost Output
Shares of Cisco Systems Inc NASDAQ CSCO have been scaling steadily higher over the last 12 months The company s stock provided a return of 24 46 as compared to the S P 500 s 13 09 over the period Notably the company s stock was up 1 35 on Tuesday afternoon following a Reuters report that the company is ramp...
XOM
ExxonMobil And BHP Billiton Planning Australian Exodus
Per media reports U S energy giant ExxonMobil Corp NYSE XOM and Anglo Australian multinational BHP Billiton LON BLT Ltd NYSE BHP are contemplating disposing a number of depleting oil and natural gas fields in Australia The list includes Kingfish oil field in Bass Strait Found in the mid 1960s is the la...
XOM
ExxonMobil s Russian Project May Get Nod To Export To China
U S energy giant ExxonMobil Corp s NYSE XOM oil and gas project on the Russian Pacific island of Sakhalin is likely to get rights to export natural gas to China The announcement was made by Russian Energy Minister Alexander Novak ExxonMobil is the operator of the Sakhalin 1 offshore deposits The project is bei...
PCG
The Week Ahead Which Stocks Benefit Most From Trump Policy Changes
The economic calendar is normal but there will be a lot of competing news Korean talks China negotiations and the Trump legal team s announcement about whether the President will meet with Special Counsel Mueller And those are just the items we know about Sometimes there are great themes that do not get the dese...
PCG
Pacific Gas Electric PCG Down 2 3 Since Earnings Report Can It Rebound
A month has gone by since the last earnings report for Pacific Gas Electric Co NYSE PCG Shares have lost about 2 3 in that time frame Will the recent negative trend continue leading up to its next earnings release or is PCG due for a breakout Before we dive into how investors and analysts have reacted as of...
PCG
PG E PCG Q3 Earnings Surpass Estimates
PG E PCG came out with quarterly earnings of 1 13 per share beating the Zacks Consensus Estimate of 1 12 per share This compares to earnings of 1 12 per share a year ago These figures are adjusted for non recurring items This quarterly report represents an earnings surprise of 0 89 A quarter ago it was expe...
XOM
Iraq lures investors to boost its oil output as OPEC debates cuts
By Dmitry Zhdannikov Ahmed Rasheed and Ahmad Ghaddar LONDON BEIRUT Reuters As OPEC gathers in Vienna next month to consider cutting its oil output a lower profile event in Baghdad on the same day will signal Iraq s longer term ambition to do precisely the opposite Nov 30 is both the date when OPEC ministers mee...
XOM
New York court orders Exxon PwC to comply with NY AG subpoena
Reuters The New York Supreme Court ordered Exxon Mobil Corp N XOM and PwC to comply with a subpoena issued by the New York Attorney General in August related to PwC s auditing of the oil company Attorney General Eric Schneiderman s office moved the court on Oct 14 to compel PwC to hand over certain documents ...
XOM
Exxon eyes setting up a trading division FT
Reuters Exxon Mobil Corp N XOM is weighing building a full scale trading division as it looks to counter a more than two year rout in oil prices the Financial Times reported on Thursday citing people familiar with the matter The downturn in oil prices is prompting some Exxon executives to consider the case f...
XOM
FT Exxon considers setting up full scale trading division
ExxonMobil NYSE XOM 0 2 is considering building a full scale trading division for the first time in its history as it searches for new ways to boost profits during the oil price slump Financial Times reports The move would be a major change for a company that has deliberately shunned trading other producers oil...
CSCO
Cisco Not To Be Charged By U S In Russia Bribery Probe
Cisco Systems Inc NASDAQ CSCO recently announced that the U S regulatory authorities have decided not to carry out any enforcement actions against the company with regard to alleged violation of anti bribery law in Russia and its neighboring countries Internal Investigation Leads to Clean ChitAs per a media repor...
CSCO
Cisco Prices 6 25B Senior Notes Rated A1 By Moody s
Shares of Cisco Systems Inc NASDAQ CSCO have been scaling steadily higher over the last 12 months The company s stock provided a return of 19 2 as compared to the S P 500 s 6 7 over the period The upside can be primarily attributed to the company s strong market position a wide product range initiatives for...
XOM
7 Top Market Beating Dividend ETFs To Buy Now
Dividend investing is in vogue since the start of the year given the instability in the market and global growth concerns The broad equity markets are currently near their record highs but uneven global economic growth uncertain Fed policy Brexit U S election and geopolitical tensions are still weighing heavily on...
XOM
TOTAL French Refineries Resuming Work Post Labor Strike
France based integrated global oil and gas company TOTAL S A TO TOT announced yesterday that its refineries in France are gradually resuming normal operation Operations at these refineries were halted by protest from labor unions against reforms in labor laws TOTAL has the largest refining capacity in France an...
XOM
The Zacks Analyst Blog Highlights SPDR S P Dividend ETF First Trust Value Line Dividend Index Fund IShares Select Dividend ETF First Trust Morningstar Dividend Leaders Index Fund And IShares Core High Dividend ETF
For Immediate Release Chicago IL June 13 2016 Zacks com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include SPDR S P Dividend ETF ...
PCG
Plan to close PG E s Diablo Canyon nuclear plant OKd by California regulator
California s Public Utilities Commission approves a plan to close the state s last nuclear power plant PG E s PCG 0 3 Diablo Canyon in 2024 and 2025 when their federal operating licenses expire The utility had proposed to recover nearly 1 8B from customers to pay for the plant s shutdown but the PUC allows it ...
PCG
PG E Corporation PCG Misses On Q1 Earnings And Revenues
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
XOM
Russia s Rosneft plans to take final investment decision on Far East LNG in 2017 18
YUZHNO SAKHALINSK Russia Reuters Russia s Rosneft plans to take a final investment decision on its Far East LNG project in 2017 2018 according to a presentation by Rosneft department head Alexander Zharov at a conference on Wednesday The presentation also showed that the production at the plant may start after ...
XOM
Exxon partners with NBA in U S and China
Reuters Exxon Mobil Corp N XOM said it has entered a multi year agreement with the National Basketball Association NBA to be its official marketing partner in the United States and China The partnership which aims to market Exxon s Mobil 1 motor oil is one of the first tie ups between the flagship brand an...
CSCO
Cisco Watch These Long Term Prices
With August behind us technicians get to peek at another spotlight on long term monthly charts Frequent readers and Twitter NYSE TWTR followers will know that I have been seeing very strong markets in technology stocks including some that have been around for a very long time And those two lead me to Cisco System...
XOM
Royal Dutch Shell RDS A Unveils New Plans Eyes No 1 Spot
Europe s largest energy producer Royal Dutch Shell LON RDSa plc reiterated plans to further cut costs and confirmed that the 3 year 30 billion asset sale program was well on track In its new mid term strategy the company announced several steps to cope with the lower for longer oil and pay down its ballooning d...
PCG
PG E 7 as concerns grow over potential link to California wildfires
PG E PCG 7 6 shares are suffering their worst week in nine years on speculation that downed power lines may have played a part in deadly wildfires racing across Napa Valley The California Public Utilities Commission sent a letter to the utility yesterday seeking to preserve all evidence with respect to the North...
PCG
PG E expects to restore all power to California fire areas by today
Pacific Gas and Electric NYSE PCG officials say they expect to restore power to all its customers in northern California fire zones by late today PG E said last night that power had been restored to more than 92 of homes and businesses that lost power during the wildfires but 21K electric customers remain without...
PCG
California wildfire attorney says PG E could be liable for up to 6B damages
Pacific Gas Electric PCG 8 1 recoups a chunk of its steep losses from recent days perhaps as investors ascertain that Cal Fire and the California Public Utilities Commission have cited no evidence that the company contributed to any the deadly northern California wildfires shares are still down 18 since last T...
PCG
PG E beats by 0 21 misses on revenue
PG E NYSE PCG Q3 EPS of 1 12 beats by 0 21 Revenue of 4 52B 6 0 Y Y misses by 300M Shares 1 3 PM Press ReleaseNow read
PCG
This Blue Chip Poster Boy Has Taken A Beating
Guess which stock has plunged 40 in the past two months A high flying biotech firm A crazy Internet startup A crypto blockchain tea company NOPE It s Pacific Gas Electric NYSE PCG the ancient boring super stable blue chip utility
PCG
PG E Corporation PCG Misses On Q4 Earnings Estimate
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
PCG
PG E Corp Signals Strong Buy And Major Upside To 55
Beaten down utility Pacific Gas Electric Co NYSE PCG has just signaled a major buy Friday the stock hit a 7 year low and reversed forming a bullish bottoming tail on the daily chart This is a strong buy signal on a utility that is fast recovering from the California wildfires The stock has fallen in the last 8...
XOM
Oil hits two week lows as growing supplies stoke glut concerns
By Karolin Schaps LONDON Reuters Oil prices fell to roughly two week lows on Friday as news of rising Iranian exports and returning supplies from Libya and Nigeria fueled concerns that the global glut will persist Benchmark Brent crude futures fell below the 46 a barrel mark trading down 1 7 percent at 45 79 a ...
XOM
Crude hits fresh 2 1 2 week lows on fresh supply glut worries
Investing com U S oil futures fell to fresh two and a half week lows on Friday as rising exports in Iran Libya and Nigeria sparked fresh supply glut concerns U S crude futures for October delivery were down 1 62 at 43 22 a barrel the lowest since September 2 On the ICE Futures Exchange in London the Novembe...
XOM
SEC investigating Exxon over asset valuation WSJ
Reuters The U S Securities and Exchange Commission is investigating how Exxon Mobil Corp N XOM has valued its assets in the wake of plunge in oil prices the Wall Street Journal reported citing people familiar with the matter The regulator sought information from Exxon and the company s auditor PwC in Augu...
XOM
ExxonMobil unit to pay U S Montana 12 million to settle 2011 oil spill
WASHINGTON Reuters An Exxon Mobil Corp NYSE XOM affiliate has agreed to pay 12 million in natural resource damages to the federal government and the state of Montana to settle claims over a 2011 crude oil spill from one of its a pipeline the U S Justice Department said on Wednesday In 2011 ExxonMobil Pipe...
XOM
Suncor Energy Cuts 2016 Output Projection After Wildfire
Canada s premier integrated energy company Suncor Energy Inc NYSE SU has come up with its new production guidance wherein it lowered the 2016 output projection The guidance cut follows the massive Canadian wildfire that has affected the company s production the most Extent of CutSuncor anticipates 2016 total prod...
PCG
PG E declares 0 53 dividend
PG E NYSE PCG declares 0 53 share quarterly dividend 8 2 increase from prior dividend of 0 49 Forward yield 3 1 Payable July 15 for shareholders of record June 30 ex div June 28 Now read
PCG
PG E declares 0 53 dividend
PG E NYSE PCG declares 0 53 share quarterly dividend in line with previous Forward yield 3 07 Payable Oct 15 for shareholders of record Sept 29 ex div Sept 28 Now read
PCG
PG E Corporation PCG In Focus Stock Moves 7 5 Higher
PG E Corporation NYSE PCG was a big mover last session as the company saw its shares rise nearly 7 on the day The move came on solid volume too with far more shares changing hands than in a normal session This stock trading within a volatile range of 53 43 69 65 in the past one month time frame showed a sh...
PCG
PG E Corp PCG Beats Q3 Earnings Misses Sales Estimate
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
XOM
Exclusive New Caspian fields to add at least 200 000 bpd to oil market by year end
MOSCOW Reuters Two major Caspian Sea oil fields scheduled to come on stream this year will together produce at least 200 000 barrels of crude per day bpd by the end of 2016 according to industry sources and a loading schedule seen by Reuters The production plans for the Kashagan field in Kazakhstan s sector an...
CSCO
Beyond Cisco 4 Impressive Networking Stocks To Bet On
As the second quarter earnings season winds down the technology sector results have been notably better than expected Based on the quarterly results of 93 9 of the sector s total market cap in the index that have been declared as of Aug 18 the industry has outperformed rather remarkably Total earnings for these ...
CSCO
Gold On A Leash Through These Dog Days
Has anyone noticed that gold through these Dog Days of August has been on a fairly tight leash almost as if reined in by the S P 500 such that both markets from one month ago to date have netted at best a mild 1 uprise the S P s lacking earnings otherwise You know you re in these so called Dog Days when give...
XOM
ExxonMobil Shareholders Reject Climate Change Resolutions
U S oil giant ExxonMobil Corporation NYSE XOM has been relieved of the tremendous pressure to implement climate change policies after its shareholders narrowly voted the proposals down The policies which necessitated limiting greenhouse gas emissions reducing global warming putting a climate expert on the boar...
XOM
The Zacks Analyst Blog Highlights ExxonMobil CVR Refining Murphy USA And Braskem
For Immediate Release Chicago IL May 27 2016 Zacks com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include ExxonMobil NYSE XOM Corpora...
XOM
Suncor SU Resumes Alberta Operations Following Wildfire
Suncor Energy Inc NYSE SU announced that its operations which were halted due to the massive Canadian wildfire have resumed The leading integrated player in Canada has restored its activities at its base plant and the MacKay River sites in Alberta The initial production at the facilities will likely be started ...
XOM
Cobalt International Energy CIE Appoints New CEO
Cobalt International Energy Inc NYSE CIE announced the appointment of a new CEO with effect from Jul 2 2016 The new incumbent Timothy J Cutt has been appointed as both Chief Executive Officer CEO and a Class I member of the board of directors He was handed over the baton from the outgoing CEO Joseph H Brya...
PCG
California gas pipeline explosion fire injure up to 15 people
By Sharon Bernstein SACRAMENTO Calif Reuters A construction crew on Friday accidentally ruptured a natural gas transmission line in Fresno California sparking an explosion and fire that injured up to 15 people four of them critically officials said The 12 inch 30 cm pipeline belonging to Pacific Gas Ele...
PCG
PG E names Williams as new President and CEO Earley to be Executive Chair
PG E NYSE PCG names Geisha Williams as its new President and CEO with current Chairman CEO and President Tony Earley becoming Executive Chair effective March 1 Williams is currently president of the company s Pacific Gas and Electric utility subsidiary which provides energy to millions of Californians and rece...
PCG
PG E Corp PCG Beats On Q1 Earnings Keeps FY17 View
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
PCG
Should You Sell Pacific Gas Electric PCG Before Earnings
Investors are always looking for stocks that are poised to beat at earnings season and Pacific Gas Electric Co NYSE PCG may be one such company The firm has earnings coming up pretty soon and events are shaping up quite nicely for their report That is because Pacific Gas Electric is seeing favorable earnings...
PCG
PG E Corp PCG Beats Q2 Earnings Misses Sales Estimates
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
XOM
U S stocks flat as NASDAQ extends weekly winning streak to seven
Investing com U S stocks retreated on Friday from record highs on Friday in quiet trade as a bevy of dismal economic data increased the prospects for a delayed interest rate hike from the Federal Reserve weighing on beaten down bank stocks The Dow Jones Industrial Average fell 37 05 or 0 20 to 18 576 47 while ...
XOM
Exxon Mobil defends handling of Torrance refinery outage
By Liz Hampton HOUSTON Reuters Exxon Mobil N XOM has defended its handling of an outage at its Los Angeles refinery following a blast in February 2015 after a prominent trading company told a state commission that the process had lacked transparency Speaking before a committee of the California Energy Commissi...
XOM
SeaDrill s West Hercules Rig Receives Termination Notice
Hamilton Bermuda based offshore drilling firm SeaDrill Limited NYSE SDRL confirmed that the contract for its semi submersible drilling rig West Hercules to Norwegian oil major Statoil OL STL ASA NYSE STO has been terminated ahead of schedule Notably Statoil had initially entered into a contract with North...
XOM
ExxonMobil Anticipates Higher Production From Cepu Block
ExxonMobil Corporation NYSE XOM expects output at Cepu block in Indonesia to increase to 200 000 barrels per day bpd from the current production level of 185 000 bpd However the increase in production is subject to approval by the government as well as environmental impact assessment ExxonMobil faced several obs...
PCG
PG E Corporation PCG Lags Q3 Earnings Revenue Estimates
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well set...
XOM
U S stocks remain flat ending July in near record territory
Investing com U S stocks remained stuck in a tight range bound trade on Friday continuing a trend of sideways trading that has persisted over the last two weeks as the major indices ended July in near record territory The Dow Jones Industrial average fell 24 11 or 0 13 to 18 432 24 suffering its fifth consecu...
CSCO
Cisco Might Not Survive Another Crisis
Market crashes and economic crises come and go and the markets eventually recover The dot com bubble burst some 16 years ago but NASDAQ is currently trading at all time highs The Great Recession of 2007 2009 left the financial world in ruins but the Dow Jones Industrial Average is now flying above 18 550 And while...
CSCO
All Cap Growth Style 3Q16 Best And Worst
The All Cap Growth style ranks sixth out of the twelve fund styles as detailed in our report Last quarter the All Cap Growth style ranked eighth It gets our Neutral rating which is based on an aggregation of ratings of 15 ETFs and 569 mutual funds in the All Cap Growth style as of July 28 2016 See a recap of our...
CSCO
Cisco Systems CSCO Beats Earnings Down Slightly On Job Cuts
Cisco Systems NASDAQ CSCO just released its Q4 FY2016 earnings results posting earnings of 0 58 per share and revenue of 12 6 billion Currently Cisco has a Zacks Rank 3 Hold but it is subject to change following the release of the company s latest earnings report Here are 5 key facts from this just anno...
XOM
Oil Is Breaking Out
It seems that oil is busting out of its bust cycle as the crash in oil prices has put a market that was seriously oversupplied back into a semblance of balance The reason that we are seeing such a quick turnaround is an old story about how low prices cure low prices Low prices have sparked a demand resurgence around ...
XOM
iFOREX Daily Analysis May 20 2016
The dollar edged higher against the other major currencies on Thursday trimmed a bit his gains after the release of disappointing U S data but never the less remained at seven week highs as fresh expectations for a June rate hike by the Federal Reserve continued to support The U S Department of Labor said the num...
XOM
Oil s Rout Takes Its Toll
Dominoes Are Falling Reverberations from the oil price crash continue as more bankruptcies and increased geopolitical tensions are causing a seismic shift in the long term outlook for energy production With mounting pressure on oil producing countries leading to civil unrest and more bankruptcies of highly leveraged o...
PCG
PG E Corporation Hits 52 Week High On Growth Momentum
PG E Corporation NYSE PCG scaled a new 52 week high of 60 32 during yesterday s trading session before closing a tad lower at 60 31 This San Francisco CA based company engages in the generation procurement and distribution of electricity and natural gas The stock has delivered a one year return of about 16 3...
PCG
PG E Corporation PCG Misses Earnings Estimates In Q2
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
XOM
Oil Search bows to ExxonMobil in battle for InterOil
MELBOURNE Reuters Australia s Oil Search Ltd has cleared the way for ExxonMobil NYSE XOM Corp to take over InterOil Corp for 2 2 billion giving the U S giant access to a rich new gas field to expand its exports from Papua New Guinea The move could lead ExxonMobil and French giant Total SA PA TOTF to tie t...
XOM
NYMEX crude edges slightly weaker in Asia U S rig count data eyed
Investing com Crude oil prices traded in a narrow range in Asia on Friday as investors looked ahead to U S rig count data from Baker Hughes to cap the week s supply picture On the New York Mercantile Exchange WTI crude for September delivery moved narrowly weaker at 44 74 a barrel down 0 02 Overnight global o...
XOM
NYMEX Brent gain slightly in Asia ahead of U S rig count data
Investing com Crude oil prices rebounded mildly on Friday in Asia as investors looked ahead to U S rig count data from Baker Hughes to cap the week s supply picture On the New York Mercantile Exchange WTI crude for September delivery rose 0 11 to 44 80 a barrel On the Intercontinental Exchange ICE Brent crud...
XOM
Papua New Guinea PM survives no confidence vote but strikes remain
By Matt Siegel SYDNEY Reuters Papua New Guinea Prime Minister Peter O Neill survived a no confidence vote on Friday EMTV reported an outcome unlikely to end upheaval in a country developing lucrative projects with energy majors ExxonMobil NYSE XOM Corp and French giant Total SA PA TOTF The Supreme Court la...
XOM
Exxon Mobil profit misses expectations stock slides
HOUSTON Reuters Exxon Mobil Corp NYSE XOM the world s largest publicly traded oil producer posted a lower than expected quarterly profit on Friday due to weak crude prices and refining income reflecting the broad malaise in the energy sector Net income slumped to 1 7 billion or 41 cents per share in the ...
XOM
U S crude ends 4 day skid amid weaker dollar but ends July down 13
Investing com Crude futures inched up on Friday after hitting a 40 handle for the first time since April ending the month sharply lower one day after entering a bear market due to renewed concerns of global oversupply On the New York Mercantile Exchange WTI crude for September delivery traded between 40 58 and ...
CSCO
Five9 FIVN Q2 Earnings Preview What Awaits The Stock
Five9 Inc NASDAQ FIVN is set to report second quarter 2016 results on Aug 3 Last quarter the company posted a loss of 10 cents per share which was narrower than the Zacks Consensus Estimate of a loss of 11 cents Moreover the company has outperformed the Zacks Consensus Estimate in all of the four trailing qua...
XOM
Is Exxon Mobil XOM Stock A Solid Choice Right Now
One stock that might be an intriguing choice for investors right now is Exxon Mobil Corporation NYSE XOM This is because this security in the Oil Gas International Integrated space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective This is importan...
XOM
ExxonMobil XOM Resumes Operations At Torrance Refinery
ExxonMobil Corporation NYSE XOM recently resumed operations of the fluid catalytic cracker FCC at its refinery in Torrance CA On May 10 the FCC resumed operations after meeting the air monitoring test of California s regulatory agency South Coast Air Quality Management District SCAQMD Notably SCAQMD is the ...
XOM
Facebook Exxon Mobil Both Overvalued But For Different Reasons
Exxon Mobil NYSE XOM is trading as a Bond in this yield chasing QE inspired Central Bank World and Facebook NASDAQ FB is your classic momentum stock The first lesson of modern investing is that everything is a trade in financial markets Avoid being the bag holder in either of these two stocks The day of their d...
XOM
Exxon Mobil Cancels West Capella Drilling Rig Contract
Exxon Mobil Corporation NYSE XOM a leading integrated energy player has terminated a contract for Seadrill Partners LLC s NYSE SDLP West Capella drillship It is to be noted that West Capella is among the most rewarding drilling units of the offshore drilling player and was hired for working at Usan offshor...
PCG
PG E Corporation PCG Beats On Earnings Revenues
PG E Corporation NYSE PCG a diversified utility holding company engages in the business of electricity and natural gas distribution electricity generation procurement and transmission and natural gas procurement transportation and storage Stable financial position steady growth in customer counts a well se...
XOM
Wall St lower in early trade as investors seek safe haven assets
Investing com U S stocks were lower in early trade ending a four day rally The DJIA was down 0 6 at 10 15 ET while the S P 500 was off 0 8 The tech heavy Nasdaq composite dropped 1 The yield on the U S 10 year Treasury hit fresh lows as investors sought safe haven assets U S factory orders fell a seasonally ad...
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Cyclical stocks eyed to extend the U S market s rally
By Rodrigo Campos and Noel Randewich NEW YORK Reuters Wall Street s rally fed primarily by defensive stocks embraced by worried investors may be spreading to some of the growth companies that more typically lead a market forward The move remains incipient typical leaders like consumer discretionary companies ...