benchmark

BENCHMARK® Expands to Florida’s Gulf Coast

  THE WOODLANDS, Texas/ Jan. 3, 2019 (STL.News) Expanding its presence in Florida to the state’s popular Gulf Coast, BENCHMARK®, a global hospitality company, will manage, renovate and reposition two properties on St. Pete Beach, an award-winning destination off the coast of St. Petersburg in Tampa Bay. A venture led by Benchmark’s capital partner, Gencom, … Continue reading BENCHMARK® Expands to Florida’s Gulf Coast

VIENNA | OPEC ministers, Russia, meeting for oil production cut talks

VIENNA  — OPEC countries are mulling a possible cut to oil production in an attempt to stabilize prices as they meet for a second straight day. Heavyweight Saudi Arabia has been pushing a cut of about 1 million barrels a day, but the oil cartel was not able to make a decision on Thursday. Analysts … Continue reading VIENNA | OPEC ministers, Russia, meeting for oil production cut talks

VIENNA | OPEC members expected to agree cut in crude production

VIENNA — OPEC members are meeting to agree on their response to recent declines in oil prices, with analysts predicting a cut in production of at least 1 million barrels per day. Crude prices began falling in October and continued to plunge last month because of oversupply and fears weaker global economic growth would dampen … Continue reading VIENNA | OPEC members expected to agree cut in crude production

S&P 500 slides into ‘correction’ for second time this year

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting … Continue reading S&P 500 slides into ‘correction’ for second time this year

S&P 500 slides into ‘correction’ for second time this year

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting … Continue reading S&P 500 slides into ‘correction’ for second time this year

S&P 500 slides into ‘correction’ for second time this year

U.S. stocks closed lower Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent or more from its recent all-time high in September. Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting worries among traders … Continue reading S&P 500 slides into ‘correction’ for second time this year

NEW YORK | Stocks skid as oil plunge continues; tech sector also falls

NEW YORK — U.S. stocks are falling Friday as technology and internet companies take steep losses. Energy companies are also lower as crude oil heads for its 10th drop in a row. The price of oil has been falling steadily since early October and is now trading at its lowest price since April, causing steep … Continue reading NEW YORK | Stocks skid as oil plunge continues; tech sector also falls

NEW YORK | US stock indexes edge lower after a big post-election surge

NEW YORK — Stocks in the U.S. are taking small losses Thursday morning after a big rally the day before. Technology companies are slipping after chipmaker Qualcomm gave a disappointing revenue forecast for the current quarter and homebuilders are down after a weak fourth quarter. Health care companies are broadly higher after a big gain … Continue reading NEW YORK | US stock indexes edge lower after a big post-election surge