Market News

Apache, one of the country's largest independent oil and gas companies, discovers a 3 billion barrel oil field in Texas worth approximately $80 billion. But the question has to be asked if the world needs more oil supply.

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TPG is buying McAfee through a joint venture with Intel in which it will take a 51% stake in the IT security firm and run it as a new independent company.

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The post-Cold War consensus in the United States that embraced open markets as a benefit common to developed and developing markets alike has crumbled.

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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.

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I want to begin by thanking you for your service. I know your job is not easy and making decisions in this economy is difficult. I manage money for a living and help investors manage risk on a day-to-day basis. I'm constantly asked about "the Fed" when I talk to investors (individuals and professionals) and I tell people that you single-handily avoided another global depression. Again, thank you for your service. What I don't understand for the life of me is why you have to broadcast every thought so publicly and keep sending mixed signals to the market?

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This past week the world's top oil producers Saudi Arabia and Russia agreed to "agree" that something has to be done to restore oil markets, but more talk is cheap while real action is needed to rescue an anemic oil market. Against this backdrop, traders give fresh insights on where prices could go.

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In recent months, quick service restaurants and casual dining chains have been been complaining that deflation in the grocery aisles has kept customers from dining out. In theory, this should be good for grocers: fewer people eating out should mean more people eating in, on food they purchased from their local supermarket. And yet, shares of Kroger, Supervalu and Sprouts Farmers are trading at or near their 52-week lows thanks to the very thing that's been plaguing the restaurant sector: the falling price of beef, pork and other food commodities.

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This week's trading activity might be marked by anecdotes and expirations given what's on tap and the Friday fallout. Are traders nervous enough to pull the markets into the red this week?

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US oil companies could be poorly treated if ex-U.S. citizen, Arcandra Tahar, is reinstated as Indonesian Energy Minister, as expected.

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