California Resources

Shares of California Resources Corp. (NYSE: CRC) surged higher by more than 30 percent Tuesday morning. California Resources reported that it lost $0.20 per share in the fourth quarter on revenue of $566 million. Wall Street analysts were expecting the company to lose $0.24 per share on revenue of...

U.S. stocks were higher on Friday, marking the third consecutive week of gains. Investors cheered May's job report which showed a slow and steady improvement in the labor market. Continuing the trend set in recent trading sessions, the Dow Jones Industrial Average and S&P 500 index...