On Wednesday, Shares of Chevron Corporation (NYSE:CVX), gained 1.30% to $92.21, as oil prices recovered from earlier losses after minutes from the latest Fed policy meeting showed support for a rise in interest rates next month, Reuters reports.
WTI crude is up 0.05% to $40.69 per barrel, while Brent crude is rising 1.45% to $44.20 per barrel this afternoon, according to the CNBC.com index.
If the Fed improvements interest rates next month, oil and other commodities traded in U.S. dollars would become more expensive to hold abroad, Reuters noted.
Chevron Corporation, through its auxiliaries, engages in the petroleum, chemicals, and power and energy operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, in addition to holds interest in a gas-to-liquids plant.
Shares of TerraForm Global, Inc. (NASDAQ:GLBL), declined -9.80% to $5.34, during its last trading session. The stock attained the volume of 5,551,351 shares.
The year-to-date (YTD) performance reflected a -61.86% below last year. During the past month the stock loses -33.99%, bringing three-month performance to -48.51% and six-month performance to -61.86%. The stock holds the market capitalization of 1.05B.
TerraForm Global, Inc. owns and operates renewable energy generation assets worldwide. It generates electricity through solar, wind, and hydro-electric projects with a total combined capacity of 987.8 megawatts. The company serves utility, commercial, industrial, and governmental customers. The company was founded in 2014 and is headquartered in Bethesda, Maryland. TerraForm Global, Inc. is a partner of SunEdison, Inc.
Finally, Shares of Jumei International Holding Limited (NYSE:JMEI), ended its last trade with -1.64% loss, and closed at $8.40.
Jumei International Holding Limited, declared that it plans to release its unaudited third quarter 2015 financial results before US markets open on Friday, November 20, 2015.
Jumeis administration team will host a conference call on Friday, November 20, 2015 at 8:00 a.m. U.S. Eastern Time (9:00 p.m. Beijing / Hong Kong Time on the same day) to discuss the financial results.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children.
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