Stock News

Jack in the Box Added to Best Ideas List by Wedbush

Jack in the Box Added to Best Ideas List by Wedbush

Jack in the Box (JACK) was added to Wedbush Securities’ Best Ideas List on Friday on expectations that the fast-food company has drivers for same-store sales growth in the near to medium term. The investment advisory firm raised its rating on Jack in the Box to outperform from neutral, while lifting the 12-month price target to $105 from $75 a […]

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European Equity Benchmarks Close Lower

The broad-based major European indices closed lower in Friday trading as technology, automotive, and industrial stocks weighed down the markets. In economic news, the consumer prices index (CPI) rose 0.1% in France in May over a month, after rising 0.3% in April, according to the Institute for Statistics and Economic Studies (INSEE). The slowdown came from a downturn in services […]

Energy Stocks Gain as Crude Oil Futures Reverse Earlier Declines

Energy Stocks Gain as Crude Oil Futures Reverse Earlier Declines

Top Energy Stocks XOM +1.40% CVX +0.95% COP -0.32% SLB +2.2% OXY +0.74% Energy stocks were broadly higher this afternoon, with the NYSE Energy Sector Index climbing 1% while shares of energy companies in the S&P 500 were up 1.3% as a group. West Texas Intermediate crude oil for July delivery was rising 17 cents to $53.42 per barrel, reversing […]

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Big Lots Q1 Tops Estimates on EPS and Revenue

Big Lots (BIG) rose by more than 8% in pre-market trading as the discount retailer posted fiscal Q1 adjusted earnings of $0.92 per share, down from $0.95 in the comparable period a year ago but topping the estimate of $0.70 from analysts polled by Capital IQ. For the quarter ended May 4, total revenue of $1.30 billion was up from […]

Sempra Energy’s Cameron LNG in Louisiana Ships First Commissioning Cargo

Sempra Energy’s Cameron LNG in Louisiana Ships First Commissioning Cargo

Sempra Energy (SRE) said its Cameron LNG project in Louisiana has shipped its first commissioning cargo of liquefied natural gas from the export project. The commissioning cargo is a step in the start-up process and will support stabilizing production and performance testing. Commercial operations from the facility will begin after Cameron LNG receives authorization from the Federal Energy Regulatory Commission, […]

WellCare CEO, CFO to Join Centene Executive Leadership Team on Merger Completion

Centene (CNC), which is acquiring fellow healthcare insurer WellCare Health Plans (WCG), said Friday that WellCare’s current CEO and CFO will join the combined company in executive leadership positions.  WellCare’s CEO Ken Burdick and CFO Drew Asher will report directly to Michael Neidorff, CEO of Centene, the company said.  Centene said it will provide further information on the combined company’s […]