Oil and gas developer Newfield Exploration Company (NYSE: NFX) has commenced an offering of $650 million in Senior Subordinated Notes due in 2020. The notes will be offered under an ... Read Full Story »
Fitch Ratings is out with a statistical review of operational metrics at a number of oil & gas companies. The review notes a handful of emerging trends: Finding, development, and ... Read Full Story »
Markets opened higher this morning, led by the Nasdaq which got a big boost from the strong report last night from Apple Inc. (NASDAQ: AAPL). The report from the US ... Read Full Story »
24/7 Wall St. has partnered with The Chart Lab to bring exclusive technical analysis which is identifying what are currently the weakest and strongest stock charts of the energy sector ... Read Full Story »
Argentina may take control of huge energy company YPF. (Reuters) Spanish debt costs continue to rise. (Reuters) The International Monetary Fund will try to raise $400 billion, much less that previously ... Read Full Story »
US equities markets opened lower this morning following surprisingly weak manufacturing reports from Europe and China. Fitch Ratings’ downgrade of Greek debt to ‘CCC’ could not have been a surprise, ... Read Full Story »
Just after noon ET today, all three major US stock indexes are showing losses, with the DJIA down about 49 points at about 12,916, the Nasdaq down nearly 18 points ... Read Full Story »
The three major US equities indexes opened lower this morning as manufacturing data from Europe came in below expectations and the ratings cut to ‘CCC’ on Greek debt by Fitch ... Read Full Story »
Today's reported ratings actions as of just after noon include announcements regarding Clorox Co. (NYSE: CLX), Home Depot, Inc. (NYSE: HD), HCA Inc. (NYSE: HCA), Gannett Co. Inc. (NYSE: GCI), ... Read Full Story »
Owens-Illinois (NYSE: OI) sold down 15% last week as Venezuela seized some of the company's assets in that country. Later in the week, Morningstar said the sell-off was overdone. Cognizant ... Read Full Story »
These are some of this Tuesday's top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Aetna Inc. (NYSE: AET) Reiterated Neutral with $39 target at ... Read Full Story »
What happens when large hedge funds shut down? They unload their holdings, at least assuming the clients say they would prefer to receive share distributions. Stanley Druckenmiller is shutting down ... Read Full Story »
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more ... Read Full Story »
Uncle Sam is doing fewer and fewer tax audits of huge corporations. These companies are, in theory, the firms that should pay enough to the IRS to help make a dent ... Read Full Story »
Exploration and production companies have been loading up on natural gas assets in the US for the past several years, and now it looks like that might not have been ... Read Full Story »