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Oil falls $1 as price war escalates with Saudi plan for higher output capacity

Oil prices fell on Wednesday, giving up earlier gains, pressured by Saudi Arabia's plans to boost oil production capacity for the first time in more than a decade and weakened demand due to the spread of the coronavirus......»»

Category: topSource: reutersMar 11th, 2020

U.S. oil futures end off the day"s high as traders weigh Fed rate cut, look to OPEC"s next move

Oil futures finished modestly higher on Tuesday, off the day's best level. Prices got a boost from expectations that major oil producers will agree to cut production at a meeting later this week, but an unexpected,.....»»

Category: topSource: marketwatchMar 3rd, 2020

Oil futures settle higher, with U.S. prices at a nearly 3-week high

Oil futures settled higher on Wednesday, with U.S. prices at their highest in almost three weeks. Prices got a boost after the U.S. imposed sanctions on a.....»»

Category: topSource: marketwatchFeb 19th, 2020

Futures Movers: Oil rises as prices score a boost from sanction of Russia’s Roseneft unit

Oil futures headed higher on Wednesday, with Brent oil aiming for a seventh straight advance, after the U.S. imposed sanctions on an arm of Russian oil giant Rosneft and as the reported number of new daily cases of China’s coronavirus declined......»»

Category: topSource: marketwatchFeb 19th, 2020

Futures Movers: Oil prices rise as prices score a boost from sanction of Russia’s Roseneft unit

Oil futures headed higher on Wednesday, with Brent oil aiming for a seventh straight advance, after the U.S. imposed sanctions on an arm of Russian oil giant Rosneft and as the number of new cases of China’s coronavirus reported daily declined......»»

Category: topSource: marketwatchFeb 19th, 2020

PepsiCo Posts 4th-Quarter Revenue Beat and Earnings Loss

The company saw strong sales for the quarter, but lost the boost from the Tax Cuts and Jobs ActRelated Stocks: PEP,.....»»

Category: blogSource: gurufocusFeb 13th, 2020

PepsiCo profit plunges as tax boost fades

Pepsico earned $1.77 billion, or $1.26 a share, as revenue rose......»»

Category: topSource: foxnewsFeb 13th, 2020

Higher drug prices lift CVS results

CVS Health posted quarterly profit that beat expectations as revenue shot up nearly 23%, rising across its range of businesses. Fred Katayama reports......»»

Category: videoSource: reutersFeb 12th, 2020

Oil prices end higher, buoyed by easing coronavirus fears and a fall in U.S. product stocks

Oil futures finished higher on Wednesday, getting boost on.....»»

Category: topSource: marketwatchFeb 5th, 2020

Chipotle"s earnings beat estimates on higher prices, digital boost

Chipotle Mexican Grill Inc raised menu prices and consumers bit, helping the fast-casual burrito chain beat analysts' estimates for quarterly sales and profit on Tuesday......»»

Category: topSource: reutersFeb 4th, 2020

Ralph Lauren holiday margin gets boost from higher prices for winter wear

Higher prices for Ralph Lauren Corp's down jackets and fleeces during the crucial holiday season boosted its margin and helped the company beat quarterly profit estimates on Tuesday, sending the fashion house's shares up over 8%......»»

Category: topSource: reutersFeb 4th, 2020

Higher winterwear prices boost Ralph Lauren holiday margins; shares rise 6%

Ralph Lauren Corp beat market expectations for the holiday-quarter profit on Tuesday, as higher prices for its winterwear boosted margins, sending the fashion house's shares up 6% in premarket trading......»»

Category: topSource: reutersFeb 4th, 2020

Futures Movers: Middle East tensions boost oil prices to multimonth peak

Oil prices end higher on Monday, with U.S. benchmark prices for crude at their highest in eight months in the wake of last week’s killing of Iranian Gen. Qassem Soleimani in a U.S. drone strike, which ratcheted up Middle East tensions......»»

Category: topSource: marketwatchJan 6th, 2020

Fed study: Trump tariffs backfired, caused job losses and higher prices

President Trump's tariffs on imports – meant to boost the economy – ultimately led to job losses and higher prices, a new study from the Federal Reserve has found......»»

Category: topSource: moneycentralDec 28th, 2019

Oil prices creep higher on U.S.-China hopes and OPEC talks

Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day's boost from growing expectations of a U.S.-China trade deal and Iran flagging OPEC discussions over a deeper output cut next month......»»

Category: topSource: reutersNov 4th, 2019

Oil prices creep higher on tentative U.S.-China hopes

Oil prices crept upwards on Monday, with Brent reaching its highest in more than a month after the previous day's boost from growing expectations of a U.S.-China trade deal......»»

Category: topSource: reutersNov 4th, 2019

Metals Stocks: Gold prices get a boost as China-U.S. trade-deal uncertainty grows

Gold prices head higher early Tuesday, as doubts about a near-term resolution between the world’s largest economies hurt demand for assets perceived as risky and fed appetite for haven assets, including bullion......»»

Category: topSource: marketwatchOct 8th, 2019

U.S. shale producers boost oil hedging after Saudi attack: sources

U.S. shale producers pounced on the chance to lock in future revenue for this year and next after oil prices surged by the most in 30 years early this week following attacks on Saudi Arabia's oil facilities, sources familiar with the money flows said......»»

Category: topSource: reutersSep 20th, 2019

U.S. oil futures up a second straight week

Oil futures ended higher on Friday, tallying a gain for a second week in a row. Prices got a boost from data Friday showing a third-weekly decline .....»»

Category: topSource: marketwatchSep 6th, 2019

Stocks close higher as oil prices boost the energy sector

Stocks ended higher Wednesday as the energy sector got a lift from rising oil prices, but sentiment was kept in check with a key part of the U.S. yield curve inverting even further, exacerbating fears of an impending recession......»»

Category: topSource: moneycentralAug 28th, 2019