GRO: Shares Gain 5.5% on Seed Rights Acquisition
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Submitted By Knobias ClipReport
Wednesday’s session saw oil prices rise again on lower than expected energy inventory numbers. The Department of Energy reported a 4.56 million barrel draw on oil while gasoline saw a surplus of 998 thousand. Expectations were for a draw of 1.5 million barrels and a surplus in gasoline of 1.45 million. Both numbers were worse than expected for consumers and oil bears which led the major indices down again while solar names gained.
