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Tag Archives: energy companies

US stocks climb with energy companies, oil hits milestone

stocks, oil, energy companies

NEW YORK (AP) — U.S. stocks continue to rise Tuesday as energy companies build on their surge from a day earlier. The price of oil surpassed $50 a barrel for the first time in almost a year. Phone companies are rising as bond yields fall. KEEPING SCORE: The Dow Jones industrial average rose 71 points, or 0.4 percent, to 17,991 ...

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Colorado bracing to repay millions in energy taxes

energy taxes, Colorado

DENVER (AP) — Colorado will have to cough up hundreds of millions in tax refunds to energy companies over the next couple years. And state lawmakers have until Wednesday to figure out how to pay the tab. A bill moving through the Legislature calls for an estimated $115 million in refunds to oil and gas companies. The money will be ...

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US stocks rise, shaking off tech slump, after Fed stands pat

US stocks rise, shaking off tech slump, after Fed stands pat

NEW YORK (AP) — U.S. stocks rose Wednesday after the Federal Reserve left its key interest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. Technology stocks were battered following weak results from Apple and Twitter. Stocks opened mostly lower in muted early trading, but they moved higher after ...

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US stocks slip, oil hits highest price since November

US stocks slip, oil hits highest price since November

NEW YORK (AP) — U.S. stocks are slightly lower in Wednesday morning trading as tech stocks are hammered following weak results from Apple and Twitter. Energy companies continue to rise as the price of oil reached its highest price since November. KEEPING SCORE: The Dow Jones industrial average dipped 40 points, or 0.2 percent, to 17,950 as of 10:06 a.m. ...

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US stocks fall in global slump as energy companies skid

US stocks fall in global slump as energy companies skid

NEW YORK (AP) — U.S. stocks are skidding Monday morning as global stocks also took losses. Energy companies are falling the farthest although the price of oil is little changed. Companies including Xerox and drugmaker Perrigo are down after reporting disappointing earnings. KEEPING SCORE: The Dow Jones industrial average fell 137 points, or 0.8 percent, to 17,866 as of 10:40 ...

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US stocks slip as energy companies fall with oil prices

US stocks slip as energy companies fall with oil prices

NEW YORK (AP) — U.S. stocks slipped in quiet trading Monday as energy companies dropped with the price of oil. Metals and chemicals companies also fell. Company earnings remain weak, and Xerox and drugmaker Perrigo tumbled after reporting disappointing results and cutting their forecasts for the year. Stocks looked like they were headed for big losses in the morning, as ...

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US stocks jump as JPMorgan gives banks a big boost

US stocks jump as JPMorgan gives banks a big boost

NEW YORK (AP) — U.S. stocks climbed again Wednesday as quarterly results from JPMorgan Chase gave banks a big lift. Economic news from China powered industrial and technology companies in the U.S. and stock exchanges overseas. JPMorgan Chase, the largest bank in the U.S., led a rally in financial stocks after its first-quarter results came in better than analysts expected. ...

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Climate change lawsuit by 21 youths takes big step forward

Climate change lawsuit by 21 youths takes big step forward

PORTLAND, Ore. (AP) — The federal government and big energy companies lost an important round Friday in their effort to block a climate change lawsuit by young plaintiffs who contend the U.S. is failing to protect them from the harmful effects of greenhouse gas emissions. U.S. Magistrate Judge Thomas Coffin in Eugene rejected motions by the U.S. government and trade ...

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US stocks jump following another surge in oil prices

US stocks jump following another surge in oil prices

NEW YORK (AP) — U.S. stocks are climbing Friday morning as the price of oil jumps for the second time in three days. Energy companies are getting a boost and mining and metals companies are also posting gains. Retailers are struggling after some weak sales reports. KEEPING SCORE: The Dow Jones industrial average rose 141 points, or 0.8 percent, to ...

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