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Stocks slip as oil skids 6 percent, hitting energy companies

2016-01-25 23:57:19| Energy - Topix.net

U.S. stocks fell Monday as the price of oil slumped again, giving up some of the ground it gained late last week. That forced energy companies lower.

Tags: companies energy percent oil

 

Stocks slip as oil skids 6 percent, hitting energy companies

2016-01-25 23:37:26| Oil & Gas - Topix.net

U.S. stocks fell Monday as the price of oil slumped again, giving up some of the ground it gained late last week. That forced energy companies lower.

Tags: companies energy percent oil

 
 

Wall Street weighed down by energy, materials stocks

2016-01-25 21:08:50| IT Services - Topix.net

REUTERS: Wall Street looked set to snap a two-day rally in muted trade on Monday as retreating oil prices pulled down materials and energy stocks. Crude prices resumed their slide after a strong two-day run last week, falling more than 4 percent on news that Iraq flooded a heavily oversupplied oil market with record output.

Tags: street energy materials wall

 

Oil, stocks resume their slide on Monday

2016-01-25 12:52:01| Food - Topix.net

The latest oil price drop is being blamed on Saudi Arabia's state-run oil company, Saudi Aramco. The energy heavy hitter reportedly said it was continuing to invest in energy projects despite oversupply in the markets.

Tags: monday oil resume slide

 

How 3 stocks decimated David Einhorn's investment performance

2016-01-23 17:54:15| Electronics - Topix.net

His performance was so bad that it prompted one of his kids to give him some brutal investment advice : "Dad, why don't you just short your longs and long your shorts?" Greenlight's portfolio had very few winners. To make matters worse, the fund's worst-performing investments - Consol Energy , Micron Technology , and SunEdison - Consol fell more than 77% over the course of 2015, while Micron fell more than 59% and SunEdison dropped 74%.

Tags: david performance investment stocks

 

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