April 30, 2014 in Uncategorized
Oil and natural gas producer Hess reported a higher-than-expected quarterly profit on Wednesday.
The company, a major operator in North Dakotaâs Bakken shale formation and the U.S. Gulf of Mexico, posted first-quarter net income of $386 million,…continue reading on thedickinsonpress.com
August 26, 2013 in The Dickinson Press
Peak oil is here, writes The Economist. But not the peak oil you’re thinking of, where supplies dwindle and prices march inevitably higher. That’s so 2008. This is peak oil demand, and it could hit in the next few years. Continue Reading
May 29, 2013 in The Daily Republic
Its earnings, however, fell far short of market expectations and shares sank in trading Wednesday.
December 28, 2012 in The Daily Republic
They expect the market to climb in 2013, although the gain is likely to be more modest than this year’s 15 percent return in the Standard & Poor’s 500 index.
September 12, 2012 in The Daily Republic
NEW YORK Investors spent Tuesday preparing for two events sure to move markets this week: a Federal Reserve meeting and a court decision on whether Germany can help support its struggling neighbors. Continue Reading
August 16, 2012 in Grand Forks Herald
Facebook’s stock plunged to a new low Thursday as some of the social networking leader’s early backers got their first chance to sell their shares since the company’s initial public offering went awry. Continue Reading
June 28, 2012 in The Daily Republic
NEW YORK (AP) Stocks are dropping sharply after the Supreme Court upheld the central provision of President Barack Obama’s health care overhaul, a requirement that almost all Americans carry health insurance. Continue Reading
April 1, 2012 in Grand Forks Herald
The stock market just had its best first quarter in 14 years. The surge has sent Wall Street analysts, some of whose forecasts seemed too sunny three months ago, scrambling to raise their estimates for the year. Continue Reading
March 30, 2012 in Grand Forks Herald
Stocks are rising after a report that consumers boosted spending last month even though income was essentially flat. Continue Reading
March 28, 2012 in Grand Forks Herald
Falling commodity prices punished materials and energy companies Wednesday, pushing Wall Street’s major stock indexes to a lower close. Crude oil lost nearly $2 to $105 a barrel, hurting energy stocks. Peabody Energy fell 3.4 percent, Chevron 1.1 percent and Exxon 0.9 percent. Continue Reading