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Hot Stocks in Action: Statoil ASA (NYSE:STO), LyondellBasell Industries N.V. (NYSE:LYB), First Niagara Financial Group Inc. (NASDAQ:FNFG)

Hot Stocks in Action: Statoil ASA (NYSE:STO), LyondellBasell Industries N.V. (NYSE:LYB), First Niagara Financial Group Inc. (NASDAQ:FNFG)
Written by
Ryan Mitchell
Published on
October 27, 2014
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Statoil ASA (NYSE:STO) enlarges in Australia with the award of 100 percent equity share in a huge exploration permit located in the Northern Carnarvon Basin on the Northwest shelf of Australia. The permit has been awarded to the firm by the National Offshore Petroleum Titles Administrator through the 2013 Offshore Petroleum Exploration Acreage Release. Statoil ASA (NYSE:STO) stock hit highest price at $23.75, beginning with a price of $23.59 to the closed at 23.71 by an advance of 0.13% with a day range of $23.475-$23.75. The total market capitalization remained 75.407 Billion, total volume of 1.31 Million shares held in the session was surprisingly higher than its average volume of 1791.96 shares.LyondellBasell Industries N.V. (NYSE:LYB) declared that its third quarter earnings of $2.46 per share, $0.16 improved than the Capital IQ Consensus Estimate of $2.30. The firm buybacked around 12M shares during the third quarter, and around 46M shares year to date. Capital spending as well as cash balances Capital expenditures, comprising growth projects, maintenance turnarounds, catalyst and information technology-related expenditures, were $338M in the third quarter 2014. On the other consideration, LyondellBasell Industries N.V. (NYSE:LYB) begun last trade with a price of $92.20 and throughout the trading session climbed at $93.42. The day-trade ended with a lose of -2.06% to closed at $92.39.First Niagara Financial Group Inc. (NASDAQ:FNFG) released that its third quarter earnings of $0.18 a share, excluding non-recurring items, in-line with the Capital IQ Consensus anticipates of $0.18. The firm's third quarter 2014 net interest income surged $1M from the previous quarter to $273M. Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG) opened at $7.96 with 355.46 million outstanding shares and hit to its highest price of $8.02 during the day and finally closed at $7.30 by scoring -13.51%. In the whole session, it traded on volume of 28.79 Million shares, which turned higher than its average volume.

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