On Wednesday, Shares of Exxon Mobil Corporation (NYSE:XOM), surged 5.52% to $72.50, despite oil closed lower on Wednesday after U.S. gasoline stocks rose more than predictable, compounding negative sentiment after worldwide falls in equities that assisted drag fuel prices to 6-1/2-year lows, according to CNBC.
U.S. crude stocks fell sharply last week as imports tumbled, while gasoline and distillate inventories rose despite a reduction in refinery runs, the Energy Information Administration (EIA) said on Wednesday. CNBC Reports
Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania.
Shares of Xerox Corporation (NYSE:XRX), inclined 3.11% to $9.96, during its last trading session, hitting its lowest level.
Xerox Corporation declared a definitive agreement to acquire RSA Medical. The acquisition, once closed, will expand Xerox’s portfolio of healthcare service offerings to payers and life insurers using predictive analytics to enhance member outreach services aimed at improving overall population health.
RSA Medical is a leading provider of health assessment and risk administration for members interacting with health and life insurance companies. Integrating RSA Medical into Xerox’s Commercial Healthcare Services business will expand the company’s ability to support healthcare payers throughout all stages of member engagement, counting application and enrollment, operations and claims administration, customer care, and population health administration.
Xerox Corporation provides business process and document administration solutions worldwide. The company’s Services segment offers various business process outsourcing services, such as customer care, transaction processing, human resources, communication and marketing, and consulting and analytics services, in addition to finance, accounting, and procurement services.
Brent crude climbed by more than $1 a barrel on Thursday on an unpredictable fall in US crude inventories and a rally in global equity markets, but a stronger dollar capped gains.
Front-month Brent, the global oil benchmark, had gained $1.10 to $44.24 a barrel by 0300 GMT, having ended down 7 cents at $43.14 on Wednesday.
Among oil related stocks, Noble Corporation plc (NYSE:NE), ended its last trade with -0.45% loss, and closed at $11.05.
Noble Corporation plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of December 31, 2014, the company operated a fleet of 15 jackups, 9 drillships, and 8 semisubmersibles, counting 1 high-specification, harsh environment jackup under construction.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
