2.31%C 7.40 5.37%QQQQ 27.81 2.83%
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NEW YORK - A director of oil and gas company Mexco Energy Corp. exercised options for 4,000 shares of common stock, according to a Securities and Exchange Commission filing Friday.
| MXC | 9.89 |  -0.01 |
In a Form 4 filed with the SEC, Jeffry A. Smith reported he exercised the options Thursday for $7 apiece and then sold all the shares the same day for $47.01 apiece.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Mexco Energy is based in Midland, Texas.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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