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Stellar Pacific Ventures Inc.

Publié le 07 avril 2015

STOCKS TUMBLE INTO THE CLOSE: Here's what you need to know

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Mots clés associés :   Inflation | Iran | Report |

STOCKS TUMBLE INTO THE CLOSE: Here's what you need to know

(Lars Plougmann/Flickr)

Stocks turned negative in the final hour of trading, while energy stocks held on to their gains and oil prices rallied.

First, the scoreboard:

  • Dow: 17,875.42 -5.43 (-0.03%)
  • S&P 500: 2,076.33 -4.29 (-0.21%)
  • Nasdaq: 4,910.23 -7.08 (-0.14%)

And now, the top stories on Tuesday:

  1. Crude oil had yet another huge day, turning the two international benchmarks positive year-to-date. West Texas Intermediate crude surged by more than 3% to as high as $53.88 per barrel. Brent crude rallied to as high as $59.29.
  2. Meanwhile, the Energy Information Administration said the lifting of sanctions on Iran could push down oil prices by between $5 and $15 per barrel in 2016. In a report, the EIA said Iran can increase production by at least 700,000 barrels per day by the end of 2016, and it has at least 30 million barrels in storage. The EIA sees WTI at around $70 a barrel in 2016.
  3. Job openings hit a 14-year high in February. The latest Job Openings and Labor Turnover Survey, or JOLTS report, showed there were 5.13 million job openings, beating expectations for 5 million. There were 4.9 million hires, about the same as January and equal to about 3.5% of all employees. There were about 2.7 million quits in February as the quits rate stayed unchanged from the prior month at 1.9%. "Someone please tell the data-dependent 17 members of the Federal Open Market Committee: the labor market is stronger than you think," Chris Rupkey at Bank of Tokyo-Mitsubishi wrote in an email.
  4. Minneapolis Fed president Narayana Kocherlakota said the Fed should wait till the second half of 2016 to raise rates – the most bearish call yet from a Fed president. He spoke before the Bismarck-Mandan Chamber of Commerce on Tuesday. He said, "I expect that it will take several years for employment to return to its maximal level. I expect that it will take several years for inflation to return to target."
  5. Oppenheimer downgraded American Express to "Underperform" with a price target of $68 on shares. The stock fell by over 1% to as low as $78.26 in trading. The competition is putting pressure on key business segments, according to analysts at Oppenheimer who wrote: "American Express’ competition has gone from envying the company before the financial crisis to doing everything to copy its success post-crisis."
  6. Warren Buffett bought some more paintBerkshire Hathaway announced that it's buying 20 million shares of Axalta Coating Systems from affiliates of Carlyle Group for $560 million, or $28 per share. Axalta shares jumped by more than 9% to around $30.96. Axalta, which makes coatings for cars and pipelines, went public last November. Berkshire Hathaway also owns Benjamin Moore, which produces house paints.
  7. Twitter shares rallied by more than 3% to a new year-to-date high of around $53.28 a share. There was no immediate news on the company, although some outlets reported on rumors of a takeover bid. 
  8. FedEx shares rose nearly 4% after the announcement of its acquisition of Dutch rival TNT Express for 4.4 billion euros ($4.8 billion). This will give FedEx a bigger push into international markets, CEO Frederick Smith said in a joint statement.

DON'T MISS: GOLDMAN: Here are the 40 cheapest stocks on the market »



More From Business Insider
Lire la suite de l'article sur finance.yahoo.com
Données et statistiques pour les pays mentionnés : Iran | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Iran | Tous

Stellar Pacific Ventures Inc.

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CODE : SPX.V
ISIN : CA85855B1022
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Stellar Pacific est une société d’exploration minière d'or et de cuivre basée au Canada.

Stellar Pacific détient divers projets d'exploration au Canada et en Guinee.

Ses principaux projets en exploration sont HEVA, MONSTER LAKE et VASSAN au Canada et BALANDOUGOU GUINEA en Guinee.

Stellar Pacific est cotée au Canada. Sa capitalisation boursière aujourd'hui est 240 641 CA$ (175 562 US$, 163 992 €).

La valeur de son action a atteint son plus haut niveau récent le 18 février 2011 à 0,95 CA$, et son plus bas niveau récent le 24 avril 2024 à 0,01 CA$.

Stellar Pacific possède 24 064 050 actions en circulation.

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Financements de Stellar Pacific Ventures Inc.
11/07/2013AfricaGold Completes Private Placement of $79,600
16/05/2011Closes $ 686,000 Brokered Private Placement
10/01/2008Closes $295,500 private placement
Attributions d'options de Stellar Pacific Ventures Inc.
22/02/2011Grants 500,000 Stock Options
Nominations de Stellar Pacific Ventures Inc.
04/06/2013Appoints Mr J. Francois Lalonde as COO of the Company
Projets de Stellar Pacific Ventures Inc.
15/06/2011(Monster Lake)Resumes Drilling on Monster Lake, Chibougamau Quebec
01/06/2011(Balandougou Guinea)Drills 47 Meters of 1.64 g/t Gold on Zone B-1, at the SOLOTO...
23/02/2011(Monster Lake)Drills 18.36 g/t Gold Over 1.0 Meters at Monster Lake, Chibo...
02/05/2006acquires key claims next to Typhoon's Fayolle high grade pro...
Communiqués de Presse de Stellar Pacific Ventures Inc.
18/09/2015Here's a super quick guide to what traders are talking about...
17/09/2015YELLEN: The Fed's credibility hinges on inflation
17/09/2015Fed-Mania? We Actually Aren't Talking About The Central Bank...
17/09/2015Housing starts fall less than expected
17/09/201510 things you need to know before the opening bell
16/09/2015Since people think the Fed could do anything on Thursday, so...
16/09/2015This firm has a radical new plan to keep clients focused on ...
16/09/2015This skyscraper looks like a reason to be worried about Cana...
16/09/2015Fed May Be In A 'Can't Win' Spot With Stock Market
16/09/2015If it were up to Lloyd Blankfein, the Fed wouldn't raise rat...
16/09/2015Here's a super quick guide to what traders are talking about...
11/08/2015These are the biggest losers from China's currency devaluati...
11/08/2015People are getting more worried about what's going on inside...
30/06/2015Has Greece Had Its 'Lehman Moment'?
30/06/2015STRATEGIST: 'I find it impossible to look at these moves and...
30/06/201510 things you need to know before the opening bell
29/06/2015ART CASHIN: 'I think China may be more important than Greece...
28/06/2015Stocks are getting crushed
16/04/2015What are traders chatting about this morning? Bonds, oil, an...
16/04/201510 things you need to know today
15/04/2015STOCKS RALLY, OIL SPIKES : Here's what you need to know
09/04/2015STOCKS RISE INTO THE CLOSE: Here's what you need to know
09/04/2015These three things are driving the market towards an 'earnin...
09/04/2015The stocks that active managers love most are dragging them ...
09/04/201510 things you need to know today
08/04/2015OIL GETS CRUSHED: Here's what you need to know
08/04/2015How The S&P Could Reach 3000 In 12 Charts
08/04/2015Earnings season starts on Wednesday — here's what you need t...
07/04/2015STOCKS TUMBLE INTO THE CLOSE: Here's what you need to know
07/04/2015LPL Financial Economist: It's Now 'Very Difficult' For The F...
07/04/2015BANK OF AMERICA: We're heading for an earnings recession
07/04/201510 things you need to know before the opening bell
06/04/2015STOCKS RALLY: Here's what you need to know
06/04/2015Stocks are soaring
01/04/2015OIL SURGES, DOW FALLS 75: Here's what you need to know
01/04/2015Stocks are getting smashed
10/02/2015Africagold Inc Acquires 3 Additional Mining Properties Along...
19/06/2013Announces the Renewal of all 3 Strategic Exploration Licence...
22/04/2013AfricaGold Inc. Reaches Prefeasibility Stage on B3 and B1 Zo...
12/02/2013Share Consolidation and Change of Name to be Proposed at Sha...
16/01/2013Hires AECOM to Compile Balandougou Results and to Plan 2013 ...
08/01/2013Samples 43.4 g Au/t at the Kandane Artisan Mine Site on the ...
22/10/2012Update on Core Drilling Compilation and Delay in Publishing ...
26/09/2012Inc: RC Drilling Extends B1 Zone for 400 Metres and B3 Zone...
20/07/2011Reports Positive Drill Results on Guinea SOLOTOMO's Gold Str...
04/07/2011Shareholders Approve the Sale of the Mineral Properties Loca...
27/05/2011on Sale of Quebec Assets and Shares Distribution
10/05/2011Drills 12 Meters of 2.27 g/t Gold on Zone B-3, at the SOLOTO...
02/05/2011Transfers Its Quebec Mineral Assets and Proceeds With A Shar...
26/04/2011Update
12/04/2011Names Mackenzie (Mac) Watson to Advisory Board
14/03/2011Hires First Canadian Capital Corp. as Investor Relations
27/12/2007Stelmine Canada Ltd. obtains receipt for final prospectus
26/02/2007Entered in uranium play with claims in Otish Mounts
02/05/2006acquiert une propriété stratégique à côté du projet, à haute...
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