Malaysia’s Petronas sees profits sink 23%

Filed under: Stocks to Buy, Stocks to SellOption traders appear to be setting up for a bullish move on Cogent Inc. (COGT). Traders plowed into 1,571 new call option contracts -- 3.27 times the average volume -- on the stock on Friday. And we know that traders were eager to get into this trade because 99% of the trades came in on the ask price. Recently, 3M C […]

Filed under: Forecasts, OilIt's been a trying summer for many Americans, with a job market that's underperforming, and a listless Dow that's exhibited sideways action for three months, but there has been one encouraging trend of late: gasoline prices. Although at an average U.S. price of $2.70 per gallon for regular unleaded and about 4% highe […]

Filed under: Stock PicksBearish traders should be using the recent strength in the equity markets to identify short opportunities. The S&P 500 is currently trading above 1,100 and has rallied very sharply off of the 1,040-1,050 level in just a matter of days. This surge in equities appears to be driven by a combination of short covering and better than e […]

LONDON (Reuters) - Britain's European 5,000 and 10,000 metres champion Mo Farah withdrew from next month's Delhi Commonwealth Games on Friday and said he will not race on the track again this year. […]

Filed under: Campbell Soup (CPB), Petroleo Brasileiro (PBR), Take-Two Interactive (TTWO)Unemployment and non-Farm payrolls managed to keep the bears in hibernation this Friday, although that post-release gain and cheer was a bit more muted through most of the trading day. The fact that most trading desks were light and that a hurricane was off the east coast […]