Analyst Trims Crude Oil Price, E&P Firms’ EPS Estimates

Lower crude oil prices typically mean lower profits for exploration & production (E&P) companies, and this time around is no different. The recent sharp drop in crude prices has generated ...
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Colder Weather Ups Natural Gas Demand, Weighs on Prices

The U.S. Energy Information Administration (EIA) reported Friday morning that U.S. natural gas stocks decreased by 162 billion cubic feet for the week ending November 21st, compared with an expected ...
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Consumer Sentiment Upbeat on Job, Income Expectations

The Thomson Reuters/University of Michigan Consumer Sentiment Index rose from a final October reading of 86.9 to a final November reading of 88.8, down from the preliminary November reading of ...
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Mixed Readings For Biotech Short Interest

The short interest data are out for the November 14 settlement date. Biotech companies are considered a riskier group of stocks, with big upside and big downside. FDA rulings can ...
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Crude Oil Inventory Posts Gain Ahead of OPEC Meeting

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.9 million barrels last week, maintaining a total U.S. commercial ...
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Pending Home Sales Drop in October

The National Association of Realtors (NAR) Wednesday morning released its data on pending sales of existing homes in October. The pending home sales index slipped 1.1% from an upwardly revised ...
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Semiconductor Short Interest Reacts to Recent Highs

The short interest data for the semiconductor industry have come out for the November 14 settlement date. These chip stocks all took a hit during the market sell-off in mid-October, ...
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New Home Sales Rise Especially for Most Expensive Homes

The U.S. Census Bureau this morning released data on new single-family home sales for October. Sales rose 0.7% month-over-month, to a seasonally adjusted annual rate of 458,000, from a downwardly ...
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Major Oil Short Interest Still Wary of Falling Prices

Short interest data for major oil stocks was released for the November 14 settlement date. Most of the top oil stocks, with the exception of ConocoPhillips, saw their short interest ...
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Weekly Jobless Claims Come Over the Top of Estimates

The U.S. Department of Labor released the weekly jobless claims report Wednesday as the markets will be closed Thursday for Thanksgiving. The new jobless claims came in at 313,000, well ...
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Mixed News on Durable Goods

The U.S. Department of Commerce released the durable goods orders report for the month of October Wednesday morning. The new orders index came in at 0.4% against a Bloomberg consensus ...
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What Key Analysts See in 2015 For the S&P 500

As 2014 draws to a close, analysts are looking ahead for what to expect in the coming year. One of the big questions that they are confronting is whether or ...
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How Will Hewlett-Packard Fourth Quarter Earnings Effect Its Split

Hewlett-Packard Company (NYSE: HPQ) reported its fourth-quarter earnings Tuesday after the market close amid big ongoing news of a split in the company. However this split will not occur until ...
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SeaDrill Suspends Dividend After Weak Earnings Report

Offshore drilling company SeaDrill Ltd. (NYSE: SDRL) posted third-quarter 2014 results before markets opened on Wednesday morning. The company posted diluted earnings per share (EPS) of $0.31 on revenues of ...
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Are Oil Analysts Getting Too Pessimistic With Lower Oil Prices?

The drop in the price of oil has felt monumental considering that the U.S. economy is still holding up well when the world’s growth engine is idling. This may be ...
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