Log in to your IBTimes Account

close
ID
Password

Opening Glance: Ethanol shares open mixed as market declines



By AP
05 May 2008 @ 10:26 am EST

NEW YORK - Shares of ethanol producers opened mixed Monday as the price of crude oil rose, while the broader market declined.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
AVR 2.35 -0.18
PEIX 0.86 -0.21
GRH 7.01 0.01
VSE 2.19 0.08

SYMBOL LOOKUP

Crude oil futures for June delivery rose $2.28 to $118.60 a barrel in electronic trading on the New York Mercantile Exchange, boosted by news of an attack on a Nigerian oil facility.

Here is how some ethanol companies fared:

Verasun Energy Corp. fell 39 cents, or 5.7percent, to $6.48.

Aventine Renewable Energy Holdings Inc. fell 26 cents, or 4.8 percent, to $5.17.

Pacific Ethanol Inc. rose 24 cents, or 6.6 percent, to $3.71.

GreenHunter Energy Inc. fell 25 cents to $23.25.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
The government put itself four-square into the country's banking business Tuesday, resorting to what President Bush conceded was the unwelcome choice of ...
For all the thorny free-market issues raised, the big U.S. intervention in banks does have precedents--from wholesale wartime takeovers of entire industr...
WHAT HAPPENED TODAY: President Bush announced a $250 billion plan for the government to buy shares in the nation's leading banks. Nine banks will take pa...

Advertisement
Los angeles web design

Get your next web design project done with our los angeles web design team - Best web design with great price.

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives