Natural-gas futures fell after the Energy Information Administration announced an increase of 67 billion cubic feet in working gas in storage for the latest week, up from analysts' estimates of a rise of 61 to 65 billion cubic feet. Natural gas for December delivery fell about 1.3%.
Tupperware Brands Corp TUP has lifted its quarterly dividend from $0.25 per share to $0.30 per share. The dividend will be payable on January 4 to the shareholders, as of record on December 17. TUP shares are down about 0.3%.
Shares of Suncor Energy SU jumped about 8.7% after the company posted a 10% y/y surge in its Q3 earnings. The company's earnings came in at C$1.02 billion (US$1.01 billion) or 65 Canadian cents a share. The company's operating earnings came in at 42 Canadian cents per share. However, analysts were expecting operating earnings at 39 cents per share.
Shares of Tesla Motors Inc TSLA surged about 10.4% after the company announced a $30 million investment by Panasonic Corp in Tesla. Panasonic has purchased shares at $21.15 per share in Tesla in a private placement, representing a discount to the company's closing price of $21.77 on Wednesday.
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