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Energy shares boost Wall Street

2016-04-13 11:24:25| Energy - Topix.net

Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season. Energy shares jumped 2.8 percent, with oil majors Exxon Mobil and Chevron giving two of the biggest boosts to the S&P 500.

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Energy shares boost Wall Street

2016-04-13 10:22:34| Chemicals - Topix.net

Wall Street gained on Tuesday, led by surging energy shares that were buttressed by rising oil prices, as investors scooped up equities at the start of corporate earnings season. Energy shares jumped 2.8 percent, with oil majors Exxon Mobil and Chevron giving two of the biggest boosts to the S&P 500.

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Wall Street Breakfast: Inversion Curbs To Kill Pfizer-Allergan Deal

2016-04-06 17:24:19| Biotech - Topix.net

Seeking Alpha's flagship daily business news summary, gives you a rapid overview of the day's key financial news. It is published at 6:30 AM ET every market day and delivered to 800,000 email subscribers Pfizer and Allergan will mutually terminate their mega merger this morning, sources told CNBC, after changes in U.S. tax codes dealt a death blow to the largest-ever heath sector deal.

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Wall Street pulls back after rally

2016-04-05 13:01:08| IT Services - Topix.net

US stocks ended weaker on Monday, pulling back from a recent rally that took them to new 2016 highs, as losses in commodity-related and industrial shares offset gains in healthcare. The S&P materials sector fell 1 percent after copper prices touched their lowest in a month, while energy shares slipped with oil prices.

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The Wall Street Journal: Fed's Kaplan calls for improving economic infrastructure

2016-04-05 05:09:11| Paper - Topix.net

The U.S. will struggle to accelerate growth from the current pace unless its government invests in infrastructure, manages immigration policy and improves education, said Robert Kaplan, president of the Federal Reserve Bank of Dallas. "[At the] Fed, we're worried about GDP and employment," said Kaplan, speaking at a moderated forum with executives from Burlington Northern Santa Fe and Kimberly-Clark Corp. "People are rightly saying one-and-three-quarters-percent, 2-percent growth is very disappointinga we must be doing something wrong.

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