Monday 7 May 2018

$70 oil will create headaches for these companies

Crude oil's 50% spike over the past year has set off a celebration for Big Oil. But it's sending shudders through other companies.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+94.81   +55.60   +9.21
24,357.32   7,265.21   2,672.63
+0.39%   +0.77%   +0.35%
YTD -1.46%   YTD +5.24%   YTD -0.04%
 
Biggest Winners
Illumina Inc +4.93%
 
Medtronic PLC +4.61%
 
United Rentals Inc +4.09%
 
NVIDIA Corp +4.02%
Biggest Losers
International Flavors & Fragrances Inc -10.74%
 
Dentsply Sirona Inc -6.14%
 
Cognizant Technology Solutions Corp -5.25%
 
Kohls Corp -4.31%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $69.96 +0.24 / +0.34%
Gold $1,314.70 0.00 / 0.00%
10-yr 2.95% +0.01 / +0.20%
Euro $1.19 -0.00 / -0.26%
News: What you need to know about the markets
 
 
$70 oil will create headaches for these companies
Crude oil's 50% spike over the past year has set off a celebration for Big Oil. But it's sending shudders through other companies. Read more »
 
Apple inches closer to $1 trillion market value
Warren Buffett lavished praise on Apple during Berkshire Hathaway's shareholder meeting. Strong earnings are helping, too. Read more »
 
One of Europe's top airlines is in crisis
Air France may not be able to survive a pay dispute with its pilots. The CEO is quitting and losses are mounting. Read more »
 
Warren Buffett says bitcoin is 'rat poison'
The Oracle of Omaha is still not a fan. Neither is his top lieutenant. But to be fair to bitcoin bulls, both have missed an amazing rally. Read more »
 
Oreo maker scoops up Tate's chocolate-chip cookies
Mondelez, the owner of Oreo and Chips Ahoy, is buying Tate's Bake Shop for $500 million. Read more »
 
Nestle is paying $7.2 billion to sell Starbucks coffee
The deal, announced Monday, will allow Nestle to market and distribute Starbucks packaged products around the world. Read more »
 
 
 
 
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