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Pisani: Social media is key today

CNBC's Bob Pisani looks at how the markets are faring during the day after earnings from Facebook and looking ahead to LinkedIn's.

Source: CNBC.com

UPDATE 2-ConocoPhillips swings to loss and slashes budget, again

Oil prices touched a low of $27.10 per barrel during the first quarter before recovering to close at $39.60 at end of March. Conoco reported a first-quarter net loss of $1.5 billion, or $1.18 per share, compared with a profit of $272 million, or 22 cents per share, a year earlier. The Houston- based company cut its forecast for capital spending in 2016 to $5.7 billion...

Source: Reuters

ConocoPhillips reports 1Q loss

HOUSTON _ ConocoPhillips on Thursday reported a first-quarter loss of $1.47 billion, after reporting a profit in the same period a year earlier. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of $1.07 per share. ConocoPhillips shares have risen 3 percent since the beginning of the year, while the Standard& Poor's 500...

Source: The Associated Press

UPDATE 1-ConocoPhillips posts quarterly loss, cuts 2016 budget again

The company cut its 2016 capital expenditure forecast to $5.7 billion from $6.4 billion, driven by reduced deepwater exploration activity. Oil prices touched a low of $27.10 per barrel, before recovering to close at $39.60 at end of March. First-quarter net loss was $1.5 billion, or $1.18 per share, compared with a profit of $272 million, or 22 cents per share, a year...

Source: Reuters

ConocoPhillips posts quarterly loss, cuts 2016 budget again

April 28- ConocoPhillips, the largest U.S. independent oil company, reported a quarterly loss, compared with a year-earlier profit, and further lowered its 2016 budget as the slump in crude prices sapped profitability. The company's net loss was $1.5 billion, or $1.18 per share, in the first quarter, compared with a profit of $272 million, or 22 cents per share, a year...

Source: Reuters

Markets Right Now: US stock indexes close mostly higher

NEW YORK— All times local. ConocoPhillips jumped 4 percent Tuesday, while Pioneer Natural Resources climbed 8 percent. Trucking company Ryder System rose 6 percent after reporting results that were better than analysts had expected.

Source: The Associated Press

U.S. CEO pay set to rise despite volatile 2015 markets

Total compensation for the chief executives of large U.S. companies is set to rise for 2015 despite volatile markets.

Source: Reuters

Energy earnings on deck

The FMHR traders discuss the energy sector ahead of announcements from some big names set to report earnings.

Source: CNBC.com

Jefferies downgrades ConocoPhillips

The FMHR traders look at whether the run in ConocoPhillips can continue, after Jefferies sees valuation concerns in the name.

Source: CNBC.com

Cheap oil creates a new frontier in Alaska—making ends meet

Even after the recent recovery pushing prices to just over $40 per barrel, producing oil in Alaska is solidly a money-losing proposition.

Source: CNBC.com