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  • Western Gas Equity beats 2Q profit forecasts Associated Press - 2 hours 4 minutes ago

    The The Woodlands, Texas-based company said it had net income of 41 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research ...

  • Oil States International posts 2Q loss Associated Press - 2 hours 19 minutes ago

    The Houston-based company said it had a loss of 23 cents per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 22 cents per share. The results exceeded ...

  • GulfMark Offshore reports 2Q loss Associated Press - 3 hours ago

    On a per-share basis, the Houston-based company said it had a loss of $1.90. Losses, adjusted for one-time gains and costs, were 57 cents per share. The results missed Wall Street expectations. The average ...

  • Apple talks services amid drop in iPhone sales, profit

    Apple sold 40.4 million iPhones in the quarter ending June 25, down from more than 51 million a year earlier

  • DES MOINES, Iowa (AP) — The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction.

  • Rigging equipment is pictured in a field outside of Sweetwater Texas

    U.S. crude prices fell on Tuesday, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus U.S. crude. Trade group American Petroleum Institute (API) said after the market's settlement that U.S. crude stockpiles fell by 827,000 barrels last week, compared …

  • BOSTON (AP) — Environmentalists are again taking aim at the company that proposed the Keystone XL pipeline — this time for another of its projects they fear would send hundreds of supertankers laden with crude oil down the Atlantic coast to refineries in Texas and Louisiana.

  • Anadarko Petroleum reports 2Q loss Associated Press - 4 hours ago

    Anadarko Petroleum Corp. (APC) on Tuesday reported a second-quarter loss of $692 million, after reporting a profit in the same period a year earlier. On a per-share basis, the company based in The Woodlands, ...

  • A ship passes a petro-industrial complex in Kawasaki near Tokyo

    U.S. crude prices fell on Tuesday, hitting three-month lows, on renewed worries of a glut while Brent settled higher due to its better fundamentals versus U.S. crude. Trade group American Petroleum Institute (API) said after the market's settlement that U.S. crude stockpiles fell by 827,000 barrels last week, compared …

  • Range Resources reports 2Q loss Associated Press - 4 hours ago

    On a per-share basis, the Ft Worth, Texas-based company said it had a loss of $1.35. Losses, adjusted for non-recurring costs and stock option expense, came to 14 cents per share. The results surpassed ...

  • Figures on government spending and debt Associated Press - 4 hours ago

    Figures on government spending and debt in millions of dollars. The government's fiscal year runs Oct. 1 through Sept. 30.

  • Lithium Power, the latest company keen to capitalize on Chile's vast reserves of key battery ingredient lithium, is planning to start drilling by September and ramp up to commercial sales by 2020, the chief executive told Reuters. The Australian-listed smallcap, which already has projects in Australia and Argentina, announced …

  • Spotify's Top 10 most viral tracks Associated Press - 5 hours ago

    The following list represents the most viral tracks on Spotify, based on the number of people who shared it divided by the number who listened to it, from Friday July 15, to Thursday July 21, via Facebook, Tumblr, Twitter and Spotify.

  • Grain mostly lower higher Associated Press - 5 hours ago

    Grain futures were mostly lower Tuesday on the Chicago Board of Trade. Wheat for Sept. delivery fell 14 cents at $4.15 a bushel; Sept. corn fell 2.25 cents to 3.3250 a bushel; Sept. oats was off 4 cents ...

  • Thousands of workers march against the Pension Fund Administrators demanding an end to the system due to low pensions, in Santiago, Chile, Sunday, July 24, 2016. There were demonstrations and marches in several other cities in the conuntry. (AP Photo/Esteban Felix)

    SANTIAGO, Chile (AP) — Plummeting economies in Venezuela and Brazil are expected to drag Latin America into negative growth again this year, the U.N.'s Economic Commission for Latin America and the Caribbean reported Tuesday.

  • Mining company reported Freeport-McMoRan on Tuesday reported weaker-than-expected revenue for the second quarter as the price of copper and oil plunged and gold sales tumbled. Freeport-McMoRan sold 156,000 ...

  • 2 dead in Azerbaijan defense plant blast Associated Press - 6 hours ago

    BAKU, Azerbaijan (AP) — Azerbaijan's Interior Ministry says two people have died in an explosion at a defense plant.

  • The Central Bank of Nigeria has raised its benchmark interest rate to 14 percent, a 10-year high, as the naira currency continues its free-fall and the West African oil producer heads into recession. Bank ...

  • A general view of the Cardon refinery which belongs to the Venezuelan state oil company PDVSA in Punto Fijo

    The World Bank raised its crude oil forecast for 2016 to $43 a barrel on Tuesday, from $41 a barrel, citing supply outages and robust demand in the second quarter. Disruptions in oil supply during the second quarter, including from militant attacks in Nigeria and wildfires in Canada, helped oil prices rebound from 12-year …

  • Barrick Gold Corp Chairman Thornton looks on during their annual general meeting for shareholders in Toronto

    TORONTO/VANCOUVER (Reuters) - Barrick Gold Corp (ABX.TO), the world's largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining Plc (ACAA.L) and has approached several South African miners, according to sources familiar with the situation. The potential sale would be part of Barrick's …

  • Latin America facing 0.8% recession in 2016: UN panel

    People queue to buy basic food and household items outside a supermarket in the Petare neighbourhood, in Caracas, on June 7, 2016

  • Despite continued weakness for energy prices, Consol Energy reported narrowing losses in the second quarter and said Tuesday that it would put two drill rigs located in the shale plays of the Northeast ...

  • Finance Minister Arun Jaitley met his state counterparts on Tuesday to forge a political consensus on a much-awaited sales tax reform that is held up in parliament, but made little progress in breaking the impasse. The proposed tax reform, the biggest since India's independence from Britain in 1947, seeks to replace a …

  • Ask Brianna: How do I save for retirement at my first job?

    "Ask Brianna" is a Q&A column for 20-somethings, or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans — all the real-world stuff no one taught ...

  • Grain mostly lower, livestock mixed Associated Press - 10 hours ago

    Grain futures were mostly lower Tuesday in early trading on the Chicago Board of Trade. Wheat for Sept. delivery was 11.50 cents a bale lower at $4.1740 a bushel; Sept. corn was 3.50 cents lower at $3.3120 ...

  • CARACAS/BOGOTA (Reuters) - Even for Venezuela's notoriously opaque economy, it was a sweetheart deal that went too far. Last August, state oil company Petroleos de Venezuela SA issued one of its largest tenders in recent years: a multi-billion dollar project in the Orinoco Belt, the world's largest crude reserve. Then, …

  • Gold bullion is displayed at Hatton Garden Metals precious metal dealers in London

    Gold rose on Tuesday as the dollar fell, but remained hemmed into a range ahead of a two-day Federal Reserve policy meeting this week, which will be closely watched for clues on the outlook for U.S. interest rates. Spot gold was up 0.4 percent at $1,320.46 an ounce at 1402 GMT, while U.S. gold futures for August delivery …

  • A BT Openreach van is seen parked in central London

    Britain's biggest telecoms operator BT (BT.L) avoided being broken up on Tuesday when the regulator proposed putting the firm's network into a legally separate company within the wider group in a bid to improve broadband coverage. Britain currently ranks favourably with its European peers in terms of broadband speeds and …

  • TIRANA, Albania (AP) — The European Bank for Reconstruction and Development is looking to support financially the development of the Trans Adriatic Pipeline, which plans to bring gas across the Balkans and on to Italy.

  • FILE - This June 10, 2014, file photo, shows the Caterpillar logo on heavy, earth-moving equipment in Springfield, Ill. Caterpillar Inc. reports financial results Tuesday, July 26, 2016. (AP Photo/Seth Perlman, File)

    PEORIA, Ill. (AP) — Caterpillar's second-quarter performance beat Wall Street's expectations, despite weakness in the mining and oil and gas industries. But the company lowered its full-year adjusted profit guidance again, saying global economic growth remains subdued and isn't sufficient to drive improvement …

  • Caterpillar sees more job cuts as earnings fall

    Caterpillar, which manufactures industrial equipment for energy, mining and construction companies, said it planned additional job cuts in the second half of 2016

  • RBI Governor Rajan looks on before delivering a lecture at Tata Institute of Fundamental Research in Mumbai

    The Reserve Bank of India's outgoing governor, Raghuram Rajan, on Tuesday staunchly defended his record in curbing inflation and cleaning up bad debt at banks, and he called on the government to protect the central bank's independence. The comments mark Rajan's latest response to his critics after the former International …

  • BP logo is seen at a fuel station of British oil company BP in St. Petersburg

    Tuesday's results missed expectations, with analysts surprised by higher corporate charges, including administrative costs relating to Gulf of Mexico oil spill liabilities, and a lower contribution from BP's stake in Russian oil producer Rosneft (ROSN.MM). Rivals Shell (RDSa.L), Statoil (STL.OL), Total (TOTF.PA) and Eni …

  • Tuesday's results missed expectations, with analysts surprised by higher corporate charges, including administrative costs relating to Gulf of Mexico oil spill liabilities, and a lower contribution from BP's stake in Russian oil producer Rosneft. Rivals Shell, Statoil, Total and Eni also report second-quarter numbers this …

  • Valero Energy beats 2Q profit forecasts Associated Press - 14 hours ago

    Valero Energy Corp. (VLO) on Tuesday reported second-quarter profit of $814 million. The San Antonio-based company said it had profit of $1.73 per share. Earnings, adjusted for one-time gains and costs, ...

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