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Japan stocks take large losses amid mixed earnings
2015-04-30 05:03:22| Automakers - Topix.net
Japanese stocks stumbled into their post-holiday reopen Thursday, with the market solidly lower after a slate of earnings and ahead of a Bank of Japan meeting later in the day. The Nikkei Stock Average fell 1.5%, with the Topix down 1.3%, after the Tokyo bourse was closed Wednesday for the Showa Day holiday.
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Study: Oil And Natural Gas Stocks Outperform Other Assets In State Pension Funds
2015-04-29 02:48:31| oilandgasonline Home Page
Returns on state pension funds from investments in oil and natural gas companies continue to provide strong earnings for public pension retirees, including America’s teachers, firefighters and police officers, according to a Sonecon study released Tuesday by API. On average, $1 invested in oil and natural gas stocks in 2005 was worth $2.30 in 2013.
U.S. Stocks Fluctuate as Apple, Whirlpool Shares Fall Before Fed
2015-04-28 18:41:05| Appliances - Topix.net
U.S. stocks fell as biotechnology shares resumed declines and consumer confidence unexpectedly slid while the Federal Reserve begins a two-day policy meeting. The Nasdaq Biotechnology Index lost 2.7 percent after falling 4.1 percent Monday.
10 Large-Cap Oil Stocks to Sell Immediately
2015-04-28 18:21:47| Oil & Gas - Topix.net
NEW YORK -- The steep decline in oil prices over the last year has forced oil companies to pull back on investments in production. The number of oil rigs operating in the U.S. has continued to drop and is now at the lowest level since 2010, according to oil services company Baker Hughes Even though brent crude oil prices have risen to roughly $65 a barrel -- a high for 2015 -- and U.S. West Texas Intermediate crude oil was just above $57, close to a six-week high, oil companies are still getting crushed.
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China's stocks surge on state firm merger hopes
2015-04-28 04:54:49| Oil & Gas - Topix.net
China stocks jumped to fresh seven-year highs on Monday, led by heavyweights such as China Petroleum & Chemical Corp and PetroChina Co Ltd on expectations that Beijing will accelerate mergers among state-owned enterprises . China will likely cut the number of its central government-owned conglomerates to 40 through massive mergers, as Beijing looks to overhaul the vast underperforming state sector, state media reported on Monday.
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