Williams Cos. Cuts Dividend
Williams Cos. late Monday said it will cut its dividend to 20 cents a share in the third quarter, from 64 cents a share.
Williams Cos. late Monday said it will cut its dividend to 20 cents a share in the third quarter, from 64 cents a share.
The Dow Jones Industrial Average and S&P 500 Index closed lower Monday as oil prices slipped, while the Nasdaq Composite Index finished at its highest level in more than a year.
U.S. crude tumbled below $40 per barrel on Monday for the first time since April, as oil prices settled down nearly 4 percent on heightened worries of a crude glut despite peak summer fuel demand.
The consumer goods titan's organic growth was offset by the negative impact of a stronger U.S. dollar.
July auto sales are expected to kick off the second half of 2016 with mixed results, according to industry forecasters.
Oil futures fell sharply Monday, hit by concerns over a global supply glut.
Shares of Etsy Inc. rocketed 17% to a more than 10-month high in afternoon trade Monday, after Citigroup issued a bullish note on the online crafts marketplace a day before it was scheduled to report second-quarter results.
Bank of America's debt rating is weighing it down.
Image source: Dick's Sporting Goods.
Apple (NASDAQ: AAPL) suppliers Invensense (NYSE: INVN) and Texas Instruments (NASDAQ: TXN) have gone in completely opposite directions over the past 12 months.
What : Shares of MeetMe (NASDAQ: MEET) , a social network for meeting new people on the internet, soared as much as 16.5% Monday morning after the company reported better-than-expected second-quarter financial results.
Investing in the stock market is often a matter of luck, but it's also a matter of skill.
Oil fell on Monday morning, reversing earlier gains, as increases in OPEC production and U.S. oil rig additions continued to weigh on the market.
Ride-hailing firm Didi Chuxing said on Monday it will buy Uber's China operations, in a deal that will give Uber a stake in the company and end bruising competition between the two.
Tesla Motors and SolarCity could announce they have agreed to merge as early as Monday, people familiar with the matter said.
China stocks fell to a near one-month closing low on Monday as investor sentiment was hit by regulators' crackdown on speculation as well as a fresh wave of initial public offerings (IPOs).
A merger between Tesla Motors Inc. and SolarCity Corp. could be announced as soon as Monday, Reuters
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