Top News Stories
Cabot Oil & Gas Q2 profit jumps 32%
Thursday July 24, 2008 20:29:00 EDT
(RTTNews) - Natural gas producer Cabot Oil & Gas Corp. (COG) said Thursday after the markets closed that second quarter earnings rose from last year, helped by continued strength in the commodity prices and increased production.
The Houston, Texas-based company reported net income for the second quarter of $54.6 million or $0.55 per share, compared to $41.4 million or $0.43 per share for the year-ago quarter.
Excluding gain on sale of assets, stock compensation and unrealized loss on derivatives, adjusted net income for the second quarter was $69.9 million or $0.71 per share, compared to $41.2 million or $0.42 per share in the prior year quarter.
On average, 16 analysts polled by First Call / Thomson Financial expected the (continued...)
Economic News
Thursday July 24, 2008
- *Australia's RBA Injects A$1.73 Billion vs System Deficit of A$1.74 Billion
20:31:00 EDT - UK Economy To Grow Slowly, Avoid Recession - NIESR
20:10:00 EDT - Japan June Corporate Service Price Index Up 1.2% On Year
20:07:00 EDT - Japan June Inflation Up 2.0% On Year, Core Inflation Up 1.9%
20:01:00 EDT - *Japan Residents Bought Net 71.1 Billion Yen Foreign Stocks Last Week, Bought 172.3 Billion Yen Foreign Bonds,Notes
19:57:00 EDT - *Foreigners Sold Net 297.2 Billion Yen In Japan Last Week, Bought 333.5 Billion Yen In Japan Bonds, Notes
19:55:00 EDT
Global Market News
Thursday July 24, 2008
- *Taiwan's Weighted Index opens lower; presently down 146 points or 1.98% to 7,222
21:10:00 EDT - *Australia's All Ordinaries Index is presently losing 127 points or 2.46% to 5,061
21:10:00 EDT - *Singapore's Straits Times Index opens lower; currently losing 53 points or 1.79% to 2,925
21:09:00 EDT - *New Zealand's NZX All Capital Index is presently losing 10 points or 0.30% to 3,295
21:09:00 EDT - *Australia's S&P/ASX 200 Index is currently trading at 5,001, down 143 points or 2.78%
21:09:00 EDT - *New Zealand's NZX 50 Index is currently down 14 points or 0.44% at 3,273
21:08:00 EDT
Industry News
Thursday July 24, 2008
- New Zealand Market Opens Lower On Wall Street's Slide
19:13:00 EDT - Stocks Plunge On Dismal Housing Data - U.S. Commentary
16:33:00 EDT - Major Averages Close Just Off Of Session Lows
16:32:00 EDT - Bay Street Bears Roar Back; TSX Plunges 300 points -- Canadian Commentary
16:18:00 EDT - European markets fall, led by autos, commodities - European commentary
15:21:00 EDT - Stocks Continue To Fall As Trading Enters Last Hour
14:59:00 EDT
News By
Major Indices
|
|
|||
| Desc | Last | Change (%) | |
| DOW | 11,349.28 | -283.10 (-2.43%) | |
| NASDAQ | 2,280.11 | -45.77 (-1.97%) | |
| S&P 500 | 1,252.54 | -29.65 (-2.31%) | |
| Russell 2000 | 702.39 | -16.80 (-2.34%) | |
| DOW Transports | 4,945.30 | -193.31 (-3.76%) | |
| DOW Utilities | 482.98 | -2.78 (-0.57%) | |
General News
Thursday July 24, 2008
- Memos Authorizing CIA To Use Torture In Interrogations Released
18:09:00 EDT - 50 LTTE Rebels Killed In Sri Lanka
17:13:00 EDT - 34 Taliban rebels killed in Afghanistan
16:32:00 EDT - Nine killed in Iraq as woman suicide bomber explodes
16:09:00 EDT - President Bush Declares Major Disaster In Texas After Hurricane Dolly
14:11:00 EDT - NATO, Afghan Forces Begin Efforts To Recapture 'Seized' Town
13:19:00 EDT