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Wolf Gas Moratorium By Clip Syndicate Governor tom wolf signed an executive order banning new leases for oil and gas drilling on state parks and forests. ...Read More »
Keystone pipeline bill passes Senate; faces presidential veto By Clip Syndicate After weeks of debate and a roller-coaster amendment process, the US Senate advanced a bill authorizing immediate construction of the controversial Keystone XL oil pipeline. Duration: 00:49 ...Read More »
Thursday Sector Leaders: General Contractors & Builders, Education & Training Services By Clip Syndicate In trading on Thursday, general contractors & builders shares were relative leaders, up on the day by about 2.6%. Leading the group were shares of PulteGroup (PHM), up about 5% and shares of Meritage Homes (MTH) up about 5% on the day. ...Read More »
Thursday Sector Laggards: Precious Metals, Oil & Gas Exploration & Production Stocks By Clip Syndicate In trading on Thursday, precious metals shares were relative laggards, down on the day by about 3.6%. Helping drag down the group were shares of Endeavour Silver Corporation (EXK), down about 9.3% and shares of Golden Star Resources (GSS) off about 9.1% on the day. ...Read More »
Dow Analyst Moves: CVX By Clip Syndicate The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Chevron (CVX) is the #17 analyst pick. Within the broader S&P 500, when components were ranked in terms of analyst favorites, CVX claims the #287 spot. ...Read More »
Keystone XL Bill Passes in Senate, Faces Obama Veto By Clip Syndicate The U.S. Senate passed a bill on Thursday to approve the long-pending Keystone XL oil pipeline, despite the White House saying earlier in the day that President Barack Obama would veto the measure. The Republican-led Senate passed the bill that would approve TransCanada Corp's project to carry 800,000 barrels per day of heavy Canadian crude to Nebraska on the way to Gulf Coast refineries and ports. The House has passed its own pipeline bill and will work with the Senate to send the bill to the Obama's desk.

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Dow Movers: XOM, MCD By Clip Syndicate In early trading on Thursday, shares of McDonald's (MCD) topped the list of the day's best performing Dow Jones Industrial Average components, trading up 4.1%. Year to date, McDonald's has lost about 1.4% of its value. ...Read More »
The FCC Wants Your Broadband Internet to Be Faster, so it Changed the Definition By Clip Syndicate Internet service providers will now need to offer faster service if they want to label their products as "broadband." The Federal Communications Commission voted on Thursday to change the minimum speeds for what can be considered broadband Internet. The move has major ramifications for regulation of companies that provide Internet access, particularly as consumers watch more online video that requires greater speeds.

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Wall Street to Rise After Two Days of Losses, Data Helps By Clip Syndicate The S&P 500 opened little changed on Thursday, while the Dow rebounded after two days of sharp losses on strong labor market data, though weakness in Qualcomm shares in the wake of its results weighed on the Nasdaq. The Dow Jones industrial average rose 40.91 points, or 0.24 percent, to 17,232.28, the S&P 500 gained 1.98 points, or 0.1 percent, to 2,004.14 and the Nasdaq Composite dropped 4.71 points, or 0.1 percent, to 4,633.29.

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ConocoPhillips Has Quarterly Loss, Cuts Capex Again By Clip Syndicate ConocoPhillips, the largest independent oil and gas company, on Thursday reported a quarterly loss and again slashed its 2015 capital expenditures, citing lower crude prices. ConocoPhillips, which previously announced plans to cut 2015 spending by 20 percent in December, said it now expects to spend $11.5 billion, down from a prior projection of $13.5 billion. ...Read More »

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