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Posts related to ‘SNP’

China Keeps Interest Rate Steady, Pushes Up Shares (BIDU, CHL, SNP, GOOG)

Over the weekend the Chinese government revealed that the country's inflation rate had hit 5.1%, considerably higher than expectations of around 4.7%. An interest rate hike was expected to follow, ...
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Valero Leads Off for Refiners on Profits and Revenue (VLO, TSO, MRO, FTO, WNR, SNP, PTR)

Valero Energy Corp. (NYSE:VLO) is the first of the oil refiners to report earnings this quarter, and this morning's release is a lot better than a year ago, when diluted ...
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Today’s Best Market Rumors (10/15/2010)

Updated throughout the day. Sinochem (NYSE: SNP) has given up on its bid for Potash (NYSE: POT) (Reuters) GM should have mid-November IPO (Reuters) Wal-Mart (NYSE: WMT) has renewed it ...
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Media Digest (10/11/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters: CNOOC offered $1.1 billion for a part of Chesapeake Energy, a deal the US may not approve. Reuters:   Pressure to investigate mortgage practices has begun to build for banks. ...
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Media Digest 10/4/2010 Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   The American Sociology Review said a group of mortgages aimed at racially segregated neighborhoods helped cause the mortgage crisis. Reuters:   Sanofi-Aventis made an $18.5 billion offer for Genzyme (NASDAQ: ...
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Media Digest (10/1/2010) Reuters, WSJ, NYT, FT, Bloomberg

Reuters:   Hewlett-Packard (NYSE: HP) named the former CEO of SAP (NYSE: SAP) as CEO and a former president of Oracle (NASDAQ: ORCL) as chairman. Reuters:   A trade  by Waddell & ...
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China & Oil: Talking Down The Price (SNP, BHP, POT, CEO, BP)

What is the easiest way to drive down a price without stopping orders?  Telling suppliers that you may have to cut orders in the months ahead.  There are many things ...
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Media Digest 8/23/2010

Reuters:   Kenneth Feinberg took over the BP plc $20 billion escrow account. Reuters:   Americans are confused about healthcare reform according to a new poll Reuters:   Sinochem approached Potash (NYSE: POT) ...
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China Kicks Off Hunt for Shale Gas

Sinopec, officially China Petroleum & Chemical Corp. (NYSE:SNP), has initiated a program to evaluate shale gas deposits in the southern part of the country. Estimates of the size of the ...
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China Gains Another Foothold in Brazil (STO, PBR, SNP, CEO, BP)

Norway's Statoil ASA (NYSE: STO) has agreed to sell a 40% stake in its deepwater Peregrino field offshore Brazil to China's Sinochem Group for $3.07 billion. Statoil retains its 60% ...
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Another Chinese Investment in Canada’s Oil Sands (PWE, PTR, ENB, CEO, SNP, TOT, COP, KMP)

Penn West Energy Trust (NYSE:PWE) is the latest beneficiary of Chinese interest in the Canadian oil sands. China Investment Corp., a state-owned sovereign wealth fund, has agreed to invest about ...
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China’s Oil Companies Could Help Slow Credit Demands (SNP, COP, CEO, PTR, BP)

Like oil refiners everywhere, China Petroleum and Chemical Co. (NYSE:SNP), better known as Sinopec, had a tough year in 2009. The company's revenues were down nearly 7%, but EPS was ...
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Today’s Best Market Rumors

Updated throughout the day. Sinopec (NYSE: SNP) will sell $2.93 billion in bonds (WSJ) Research-in-Motion (NASDAQ: RIMM) has set a goal of 100 million customers worldwide (Globe & Mail) Douglas ...
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Canadian Oil Sands: The Race to Secure Energy’s Future

The oil sands deposit in western Canada has been called many things, but Canadian researcher and writer Alastair Sweeney may be the first to call them a "calming, stabilizing force ...
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Oil’s Next Big Surge

Crude oil prices are back above $85 and seem ready to breach $90. The leg from $69 to $85 which began in February had hit a plateau, but optimism about ...
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