Iea saying the global glut say that ten times fast is bigger than thought. And the risk of Oil Prices Falling further has increased. That this has nearly every oil Company Stock lower again today despite some of the bigger names likes exxon, chevron, shell and others being in the middle of a mini rally this month. Self ron up 2 this past week. And exxon mobile up about 6 . Joining us now chris kelly, he covered the oil sector for janice. Chris, listen, lets try to focus the whole story through one stock. That is a name you like. Enterprise products, he pd. Their numbers werent terrible. Their earnings per unit down a little bit but better than expected. Volumes, okay. Gross margins, okay. Yet the stock is being absolutely pumeed. Are we seeing and this maybe is just one example of it indiscriminate selling at this point without regard to fundamentals . Hi brian thanks for having me. I think we are having some technical macrodriven elements of the market outside of fundamentals. To be c
And after 5 00 rain was flooding the road. 7 00, everybody, welcome to the fox25 morning news, im gene lavanchy. Sara im sara underwood. We have team of reporters. Julie grauert and Daniel Miller will be tracking at roads and shiri is looking at weather and go. Shiri we have another hour to go of most intense rain we will have to watch very closely for the potential of flooding and even some thunderstorms. This is focused across the cape and down to the vineyard, temps are in the 60s, guys. This is warm but also very wet, very windy, this is where you need to be most caucus on the roads this morning. Into the boston area, it is still raining but it is going to be more of moderate rain and you can see it is broken up in a lot of spots like randolph, weston, tewksbury right now over to the worcester area where we have this is your last batch of rain before we start to dry out and we will do that as we enter the early afternoon hours with temperatures rising all the way up to about 70 lat
Gene why moderators are being called losers this morning. Sara Police Investigating possible halloween revolt and involved. Complete News Coverage starts right now. This is fox25 morning news. Gene good thursday morning to you. It is october 29th, appreciate you being with us here on the fox25 morning news. Im gene lavanchy. Sara im sara underwood. The storms are rolling out and we are each going to see some sun today with temperatures in the 70s. Fox25 Storm Tracker shiri spear has big improvement. Shiri a little bit of sun massachusetts and up into the sea coast of New Hampshire but man, talk about quick end to storm system here. These are basically falling apart in boston and southeastern massachusetts and cape dry clouds start and break apart, 65 in brewster, 67 sandwich and hour ago thunderstorms moving over and now improvements moving 66 , boston 67, a little bit of drizzle hanging on there up into the north shore and patchy lighter showers. Dover, New Hampshire ton, New Hampshir
Economic data in the u. S. Here is what we have got. Initial jobless claims and Building Permits. 9 45, the hits keep coming, bloomberg comfort index, the 10 00, the Philadelphia Fed business outlook. Earnings, danaher, Morgan Stanley 7 15. And blackstone, a big one before the bell. After the bell, ibm and google. Say know what ibm will they changed the conversation. The Conference Call will be about looking forward and what kind of appreciation to come out of the deal. Items to note the Senate Transportation subcommittee hearing on gm. Are they going to recall a corvette . They are recalling jimmy ramadi wake up. On the brain. Mary barra has been before congress four or five times. Present obama will be speaking at the port of wellington on infrastructure at 2 10, and Angela Merkel turning 60 today. The british open also begins. Doesnt be president make his way to new york this evening as well . Be a mess. T will do not go anywhere tonight in new york city. Just stay in your apartment
Maryland has been confirmed. Jennifer franciotti has more to explain. Good morning. The state Health Department is saying the first case of flu in maryland has been confirmed two weeks earlier than last year. The cdc has stopped tracking influenza cases, a victim of the Government Shutdown. No one is watching where the flu is moving our whether a pandemic is emerging. Maryland and other states will continue tracking and testing locally. Without the government, there is no one linking across state lines. Us all keep a picture with what is going on from a national standpoint. The cdc has stopped tracking Food Poisoning and stop investigating measles cases. Studieshas stopped new and new clinical trials. More coming up at 5 30l. Jennifer franciotti, wbaltv 11 news. Most of the wrinkles for marylands Online Health Care Exchange has been ironed out. Almost everyone has been cap from accessing the sites because bottlenecking since it opened on tuesday. No charges will be filed for the parade