Stocks Mixed on Wall Street as Earnings Fell Short
Wall Street finished mixed with the Dow slipping 0.1 percent while the Nasdaq rose to 1,950.14 and the S&P 500 gained 0.3 percent. IBM revenue disappointed though several firms beat forecasts, sending markets to 16 month highs on earnings hopes but with cautions over overvaluation and leadership.
MENTIONED IN THIS ARTICLE
New York
Wall Street
IBM
Standard & Poor
Standard & Poors
Dow Industrial International Business Machines Corp
Ford Motor Co
Coca-Cola Co
David Phillips
Eastover Capital
Commerce Department
Crude futures slip after inventory data show larger builds
New York traders watched government and industry data show larger than expected crude stock increases. The EIA tallied 3.8 million barrels and the API 6.98 million, dampening prices though OPEC's cut planned for Nov supports a price floor. November light crude settled at 31.54 dollars, Brent at 30.00, with markets awaiting Dec 4 OPEC discussions.
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New York
Energy Information Administration
American Petroleum Institute
Organization of Petroleum Exporting Countries
U.S
OPEC
Tim Evans
IFR Pegasus
London
International Petroleum Exchange
Brent
Dan Jones
EIA
API
Liberty car dealer promotes Larry Roberts to sales manager
Liberty dealership BJ Ford at 3560 Highway 90 announces Larry Roberts as sales manager for new and used vehicles. Roberts has served as sales manager since Sept. 1 and replaces Robert Dunn, who becomes part owner of the business with Bruce Burnham.
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Liberty Car Dealer
BJ Ford
Highway 90
Liberty
Larry Roberts
Roberts
Robert Dunn
Bruce Burnham
BP Solvay names new president and CEO
BP Solvay Polyethylene North America appoints Louis Plumecoty as President and CEO effective Nov 1. He leads with 25 years in HDPE, including 16 years at Deer Park, and holds a chemical engineering degree from Ecole Centrale Paris. The joint venture spans Deer Park Baytown and Houston, forming the third largest HDPE producer with 4.6 billion pounds annual capacity.
MENTIONED IN THIS ARTICLE
BP Solvay Polyethylene
North America
Tean Louis Plumecoty
Solvay
Deer Park
Ecole Centrale de Paris
Jean-Louis
Andrew Mackenzie
BP Solvay Polyethylene North American Partnership Committee
Chemicals - Americas
BP Solvay Polyethylene North America
Houston
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