Eight companies announced dividend increases, many of them energy companies.
KOG is up almost 4% in pre-market trading based on production reports that the company more than doubled its production year-over-year.
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In a 13D filing out last night after the close, JANA Partners disclosed a 7.5% active stake in QEP.
CNBC reports the jobs report is "significantly worse than expected" -- CNBCUnemployment rate drops to 7.2% from 7.3% but the jobs report was horrifying: the US added only 148,000 jobs in the reporting period. The report was delayed due to the so-called government shutdown so I don't know what period we are talking about. Again, the analysts were surprised. The dollar fell sharply on that news which will support the price of oil. This tepid jobs growth: don't worry about "tapering" any time soon. The gap between the "haves" and the "have-nots" will continue to widen under this administration.
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