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Oil rises on supply woes; demand concerns from coronavirus ease

Oil prices rose on Thursday, extending gains from its previous session, as the market shifted focus to supply disruptions, while demand concerns eased some after a sharp drop in new coronavirus cases at the epicenter of the outbreak......»»

Category: topSource: reutersFeb 20th, 2020

Oil rises on supply worries, while virus-led demand concerns ease

Oil prices rose nearly 1% on Thursday, extending big gains from a day earlier, as the market worried about crude supply disruptions and demand concerns were cushioned after a sharp drop in new coronavirus cases at the epicenter of the outbreak......»»

Category: topSource: reutersFeb 19th, 2020

Bunge"s stock set to rally after adjusted profit rises well above expectations

Shares of Bunge Ltd. were indicated up nearly 4% premarket trading Wednesday, after the oil and products sourcing and processing company reported a fourth-quarter adjusted profit that was well above expectations, although sales.....»»

Category: topSource: marketwatchFeb 12th, 2020

Allergan"s stock rises as adjusted profit, revenue beat expectations

Shares of Allergan PLC rose 1% in premarket trading Monday, after the drug maker reported a fourth-quarter adjusted profit and revenue.....»»

Category: topSource: marketwatchFeb 10th, 2020

SoftBank set for sharp quarterly profit drop amid pressure from Elliott

Japan's SoftBank Group is expected to post a slide in profits for the past quarter, deepening concern about its ability to secure funding for a second Vision Fund and giving activist fund Elliott Management more fodder for a shake-up......»»

Category: topSource: reutersFeb 10th, 2020

Trading house Mitsubishi voices concern over coronavirus impact

Japan's Mitsubishi Corp is watching developments from the coronavirus outbreak for effects on the global economy and prices of natural resources, its finance chief said after the trading house reported a drop in net profit.....»»

Category: topSource: reutersFeb 5th, 2020

Clorox"s stock rises after profit and sales beats, raised outlook

Shares of Clorox Co. rose 0.7% in premarket trading Tuesday, after the consumer products company reported fiscal second-quarter earnings an.....»»

Category: topSource: marketwatchFeb 4th, 2020

Sysco"s stock gains after profit rises above expectations

Shares of Sysco Corp. gained 0.5% in premarket trading Monday, after the food service co.....»»

Category: topSource: marketwatchFeb 3rd, 2020

The pound rises as the UK bids goodbye to EU — but experts say to brace for an up to 7% drop if trade talks falter

The UK is set to leave the European Union at 11:00 p.m. London time this evening. Sterling is trading slightly higher at $1.31 against the greenback. However, analysts say this could also be due to the Bank of England's decision.....»»

Category: topSource: businessinsiderJan 31st, 2020

American Express"s stocks rises toward a record after profit beat expectations

Shares of American Express Co. surged 1.8% toward a record high in premarket trading Friday, after the credit card and travel services company reported a fourth-quarter profit that beat expectations, while revenue was in line. Net income fell to .....»»

Category: topSource: marketwatchJan 24th, 2020

Southwest Airlines" stock falls after profit miss, while revenue rises slightly above expectations

Shares of Southwest Airlines Co. fell 0.2% in premarket trading Thursday after the air carrier reported a fourth-quarter profit and load factor that mi.....»»

Category: topSource: marketwatchJan 23rd, 2020

Johnson & Johnson"s stock slips after profit rises above expectations, but sales comes up a bit shy

Shares of Johnson & Johnson slipped 0.1% in premarket trading Wednesday, after the consumer products and drug giant reported a fourth-quarter profit that beat expectations but revenue that came up a bit shy. Net income rose to $4.01 billion, o.....»»

Category: topSource: marketwatchJan 22nd, 2020

Paints company PPG"s stock falls after profit rises less than expected

PPG Industries Inc.'s stock sank 4.4% in premarket trading Thursday, after the paints and specialty materials c.....»»

Category: topSource: marketwatchJan 16th, 2020

Commercial Metals"s stock surges after profit rises above expectations, but sales comes up shy

Shares of Commercial Metals Co. rallied 5.6% toward a 19-month high in premarket trading Monday, after the maker and re.....»»

Category: topSource: marketwatchJan 6th, 2020

U.S. oil prices mark 3rd gain in a row as data show sharp inventory drop

Crude-oil prices ended sharply higher Thursday in thin post-Christmas trading, as a weekly inventory report indicated a bigger-than-expected decline in stockpiles for oil. American Petroleum Institute reported late Tuesday t.....»»

Category: topSource: marketwatchDec 26th, 2019

Mystery S&P Put Buyer Makes $31 Million Profit In 24 Hours, Covers Half Of Position

Mystery S&P Put Buyer Makes $31 Million Profit In 24 Hours, Covers Half Of Position Yesterday we reported that a mystery trader, who was expecting a sharp drop in the market over the next 6 weeks, .....»»

Category: blogSource: zerohedgeDec 3rd, 2019

Duke Energy"s stock gains after profit rises above expectations, but revenue comes up shy

Shares of Duke Energy Corp. rose 0.5% in premarket trading.....»»

Category: topSource: marketwatchNov 8th, 2019

Dow Jones Newswires: Marks & Spencer profit rises 52%, but retailer warns of challenging market conditions

The company said that while some improvement in trading is planned in the second half of the year, market conditions remain challenging......»»

Category: topSource: marketwatchNov 6th, 2019

Chevron"s stock falls after earnings fall below expectations, as oil and gas prices drop

Shares of Chevron Corp. fell 1.1% in premarket trading Friday, after the energy giant reported third-quarter profit and revenue that fell more th.....»»

Category: topSource: marketwatchNov 1st, 2019

Spotify"s stock shoots up after surprise profit, revenue rises above expectations

Shares of Spotify Technology S.A. shot up 6.9% in premarket trading Monday, after the Luxembourg-based music streaming service reported a surprise third-quarter profit and sales.....»»

Category: topSource: marketwatchOct 28th, 2019