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US Crude Oil Production Is at a 10-Month High
The EIA reported that US crude oil production rose by 63,000 bpd (barrels per day) to 8,978,000 bpd between January 27, 2017, and February 3, 2017.
UPS and FedEx Are Weaker Due to E-Commerce Costs
UPS, the world’s largest package delivery company, fell 6.8% on January 31. It fell due to weaker-than-expected 4Q16 earnings and 2017 outlook.
Why Did Nike Stock Fall on September 26?
Nike (NKE) has a market cap of $91.3 billion. It fell 1.4% to close at $54.40 per share on September 26.
Domtar Acquires Home Delivery Incontinent Supplies
Domtar has a market cap of $2.5 billion. It rose by 0.60% and closed at $38.45 per share on August 18. It reported 2Q16 consolidated sales of $1.27 billion.
Why Nike’s Top and Bottom Lines Rose in Fiscal 2016
Nike (NKE) has a market cap of $89.4 billion. It rose 2.3% to close at $53.09 per share on June 28.