Tag Archives: gains
Crude oil supplies drop by 6.7 million barrels
According to the Energy Department’s Energy Information Administration crude oil supplies fell last week by more than double what analysts had expected, gasoline supplies grew.
The government agency stated that supplies of crude fell by 6.7 million barrel, or 1.9 …
What the Fuss FiberTower, BioLine and Cornerstone Therapeutics?
U.S. markets are struggling for direction so far this Tuesday, swinging from small declines to small gains. Investors are trying to make out exactly what is going on with the U.S. economy and the uncertainty surrounding the debt crisis in …
Coal companies surge on wave of M&A speculation
Companies within the coal sector rallied during trading on Wednesday following a was of speculation that there is about to be a multitude of mergers and acquisition within the industry.
Michael Tian, a analyst at Morning Star stated that the …
Portugal Telecom report 40 percent drop in 2Q profits
Portugal Telelcom (NYSE:PT), which operates in Portugal, Africa and Brazil, today announced that a large rise in its costs outweighed any revenue gains that the company seen from better sales.
The company said that during its second quarter its net …
Boeing leads Dow following announcement of new engine for 737′s
Boeing is leading the top percentage gainers on the Dow Jones Industrial Average today despite stocks on Wall Street moving lower after more weak economic data was released earlier today. The report on Consumer confidence added to concerns regarding the …
U.S. retreats after Bernanke speech
The U.S. Dollar dropped on friday following Ben Bernanke’s speech in Jackson Hole, Wyoming.
The Chairman of The Federal Reserve did not offer any new stimulus package to boost the economy like many economists had speculated he might but he …
