US stocks fall slightly on lower oil, mixed earnings news NEW YORK- The stock market capped a quiet week of trading on a down note. Just 2.5 billion shares changed hands on the New York Stock Exchange, three-quarters of the normal level. Among stocks making big gains, Deere& Co. rose $3.89, or 4.3 percent, to $93.35 after the equipment maker beat analysts' estimates for its latest quarterly earnings.
Source: The Associated Press
| By: By BERNARD CONDON and KELVIN CHAN, AP Business Writers
UPDATE 3-North Dakota posts surprising jump in oil output in March WILLISTON, N.D., May 13- North Dakota posted a surprising jump in oil and natural gas output in March, as producers leaned on newer technologies and processes to offset a slump in commodity prices. "We scratched our heads in the month of March" as to why production increased, Lynn Helms, director of the state's Department of Mineral Resources, said during a conference...
| By: Ernest Scheyder
UPDATE 1-Marathon Oil posts Q1 loss, sticks to production outlook HOUSTON, May 6- Marathon Oil Corp, an independent exploration and production company, reported a first-quarter loss on Wednesday as tumbling oil prices sliced its revenue nearly in half. The first quarter adjusted net loss was $253 million, or $0.37 a diluted share. In terms of operations, Marathon said it had no liftings in Libya during the first quarter, and that "...