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Weak

New York Mercantile Exchange › (NYMEX:LO.J12.9750P)

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Today's Financial News

Biogen posts 3Q profit, results top Street expectations

3 hours ago

CAMBRIDGE, Mass. (AP) _ Biogen Idec Inc. (BIIB) on Wednesday reported profit of $856.9 million in its third quarter. On a per-share basis, the Cambridge, Massachusetts-based company said it had profit of $3.62. Earnings, adjusted for one-time gains and costs, came to $3.80 per share. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $3.43 per share.

French oil giant Total names Pouyanne CEO, replacing exec killed in Russian plane crash

3 hours ago

PARIS (AP) — French oil giant Total SA says it has named Patrick Pouyanne as chief executive after the shocking death in a plane accident of former CEO Christophe de Margerie on Monday. Total's board of directors chose Pouyanne, 51, at a board meeting Wednesday. Prior to his nomination Pouyanne led Total's refining and chemicals division since 2012. Pouyanne has been with Total since 1997, starting off as head of exploration and production in Angola.

Lumber Liquidators misses 3Q earnings and revenue expectations

3 hours ago

TOANO, Va. (AP) _ Lumber Liquidators Holdings Inc. (LL) on Wednesday reported profit of $15.7 million in its third quarter. The Toano, Virginia-based company said it had profit of 58 cents per share. The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 67 cents per share.

Dominoes with his staff or dining with the rich, Oscar de la Renta crossed worlds

3 hours ago

NEW YORK (AP) — Fun, sunny, romantic. Oscar de la Renta approached fashion and life on those terms, but there was more, so much more, those who loved and admired the designer say. The "more," Vogue's Anna Wintour wrote Tuesday on the magazine's website, was "democratic." By that, she meant de la Renta possessed the sensibility, the ease, to dine with the rich and famous but happily play dominoes with his staff.

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