Major Markets Turn Positive, Energy Companies Fuel Stocks Higher

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Major Markets Turn Positive, Energy Companies Fuel Stocks Higher

by TheStreet 1:08 mins

Major Markets Turn Positive, Energy Companies Fuel Stocks Higher

by TheStreet 1:08 mins

U.S. stocks are now positive after a lower open. Energy companies are fueling the markets higher. Peabody Energy (BTU) and Arch Coal (ACI)are both up. Alpha Natural Resources (ANR) is doing the best out of the bunch after beating earnings expectations. Twenty-First Century Fox (FOXA) investors are praising the decision to drop its bid for Time Warner (TWX). Time Warner shares are down significantly after reporting revenue fell short of expectations. Another failed deal has both shares both Sprint (S) and T-Mobile (TMUS) down. Sprint is no longer pursuing T-Mobile because of regulatory difficulties. Groupon (GRPN) is dropping after disappointing earnings results and forecasts. After the close, earnings reports are due for Transocean (RIG), Twenty-First Century Fox and Zulily (ZU).

TheStreet

Finance

  1. 11:39

    Oil slides again, Apple's answer to voicemail and Tesla's support of fuel standards

  2. 2:28

    Oil falls to near $50 after OPEC monthly supply rise

  3. 1:44

    Apple tests voicemail transcription service: report

  4. 3:06

    Tesla seeks stringent fuel-economy standards

  5. 2:17

    Jeb Bush's team reportedly sees Donald Trump as a 'godsend'

  6. 3:28

    Hey Griswolds, here's what your original "Vacation" would cost today

Finance

  1. 11:39

    Oil slides again, Apple's answer to voicemail and Tesla's support of fuel standards

  2. 2:28

    Oil falls to near $50 after OPEC monthly supply rise

  3. 1:44

    Apple tests voicemail transcription service: report

  4. 3:06

    Tesla seeks stringent fuel-economy standards

  5. 2:17

    Jeb Bush's team reportedly sees Donald Trump as a 'godsend'

  6. 3:28

    Hey Griswolds, here's what your original "Vacation" would cost today

Market Movers

  1. 2:29

    Sears profit; Tyson's beef problem; Goldman's legal costs

  2. 2:40

    Jobs, Greece, China on Wall Street's watch list

  3. 15:02

    Greek market plunge; Obama's new emission rules; Uber's whopping valuation

  4. 1:47

    AT&T to offer wireless and TV bundles

  5. 3:28

    Obama to unveil new emission rules

  6. 2:29

    Uber valued at $51B: Reports