Dow Downed by Walgreens, Slump in Energy By Investing.com

2019-04-02

© Reuters. Investing.com – The Dow closed lower Tuesday, struggling to shake off a slump in Walgreen Boots Alliance and weakness in energy stocks. The fell 0.30%, the closed flat, while the gained 0.25%. Wall Street was unable to replicate its swashbuckling gains from a day earlier as Walgreens’ (NASDAQ:)Read More →

Heavyweight U.K. banks weigh on FTSE 100

2019-01-22

The FTSE 100 struggled on Tuesday, as the London banking sector came under pressure after earnings from Swiss bank UBS Group AG fell short of analysts’ expectations. Energy stocks were also weaker as oil prices fell on continued concerns about global growth, most recently sparked by a warning from theRead More →

Oil sinks on China slowdown fears; natural gas surges 5%

2019-01-17

Oil futures declined sharply Thursday, tracking lower moves in most global equity benchmarks, as fear of a China-led demand slowdown gripped investors. West Texas Intermediate crude for February delivery CLG9, -1.87%  fell $1.16, or 2.2%, to $51.15 a barrel on the New York Mercantile Exchange, a day after posting aRead More →

Oil prices plateau for now as supply picture stabilizes

2019-01-16

Oil prices slipped but largely steadied Wednesday as supply data offered little new revelations, allowing contracts to preserve the bulk of the 3% price jump a day earlier. That move fed the over 20% recovery for the major benchmarks since a fourth-quarter plunge. Expected stock-market gains boosted risk-on sentiment thatRead More →

London energy group Ophir in takeover talk

2019-01-02

Ophir Energy OPHR, +32.56%   became the second London-listed mid-cap oil-and-gas company to attract a suitor in recent weeks after it said it is in talks with Indonesia’s Medco Energi MEDC, -0.72%  about a potential all-cash takeover bid which could create a southeast Asian upstream powerhouse. The news sent sharesRead More →

The best and worst stocks of 2018

2018-12-31

One very important theme for investors during 2018 has been the return to volatility, as investors worry about Federal Reserve tightening and President Trump’s trade dispute with China. The market always looks ahead, and another important focus for investors is the massive cut in the maximum federal income-tax rate forRead More →