Home » Blog

Natural Gas Prices Extend Losses After A Larger-than-expected Rise in U.S. Supplies

Natural gas futures prices fell on Thursday; extending their downward rally to a third session in a row after a weekly report showed a larger-than-expected rise in U.S. supplies of the commodity. Natural gas futures prices for June delivery dropped … Read More


Shares of HP Inc. Hit $20 Following Last Quarter’s Earnings Results

Shares of HP Inc. added 3 percent to hit $20 in late trading on Wednesday after the company reported higher-than-expected sales and earnings for the last quarter. That was the highest level HP’s stock prices have ever hit since the … Read More


Lowe’s Cos. Shares Plummet After Sales and Earnings Miss Forecasts

Shares of Lowe’s Cos. plunged by more than 6 percent in premarket trade on Wednesday after the company reported quarterly sales and adjusted earnings that missed market expectations. The U.S. second-largest hardware chain posted first-quarter adjusted earnings of $1.03 a … Read More


Shares of Intuit Soar Sharply Following Upbeat Earnings Report and Rosy Outlook

Shares of Intuit Inc. soared considerably more than 9 percent in extended session on Tuesday after the software company reported better-than-expected earnings and forecast an upbeat outlook for the current quarter. Intuit posted third-quarter earnings of $964 million or $3.70 … Read More


Supported by Energy and Mining Shares, U.K. Stocks Jump to Near All-time Record High

U.K. stocks rose on Monday on the back of a rise in energy and mining shares. A weak British Pound also supported the country’s equities to march higher after a fourth weekly gain last week. The FTSE 100 index added … Read More


Crude Prices Rise Amidst Expectations over Extended and Deepened OPEC-led Supply Curb

U.S. crude oil futures prices gapped up on Monday, supported by speculation that an OPEC-led supply cut to crude supplies will be extended further in a meeting held later this week. U.S. West Texas Intermediate (WTI) crude futures jumped above … Read More


Federal Reserve’s Minutes Awaited, OPEC’s Meeting Under the Spotlight

U.S. stocks pared gains but still closed higher on Friday. At the close in NYSE, the Dow Jones Industrial Average rose by 0.69%, the NASDAQ Composite index added 0.47%. The S&P 500 index climbed 0.68%, paring a gain that reached … Read More


Salesforce Posts Upbeat Quarterly Results and Raises Revenue Guidance, Shares Rise

Shares of Salesforce.com Inc. added 1.37 percent in after-hours trading on Thursday after the cloud computing company posted better-than-expected earnings for the last quarter and mounted its full-year revenue guidance. The California-based company reported a net loss of $9.2 million … Read More


Sterling Jumps More than 0.4% After U.K. Retail Sales Data Release

British Pound advanced nearly 0.45 percent versus the U.S. dollar in morning session on Thursday after data showed U.K. retail sales rebounded in April. The currency pair GBPUSD jumped higher to trade around 1.30300 –  the highest level since September … Read More


Cisco Shares Nose-Dive after Forecast Points to A Decline in Current Quarter Revenue

Shares of Cisco Systems Inc. plunged nearly 7.7 percent in after-hours trading on Wednesday after the technology conglomerate said it would cut more jobs and forecast current-quarter revenue to decline at a faster rate. The California-based networking giant reported net … Read More


Translate »