Goldman Sachs Pushes Up 2008 Oil Forecast To $141
Goldman Sachs (GS), king of the oil bulls, has raised its forecast for oil prices in the second half of this year to $141 from a previous estimate of $107. For those without a…
Archive
Year: 2008
All Year: 2008 Articles
Newest first · Page 252The Oil Refiners’ New Ouija Board
Oil refiners have decided to produce more diesel and less gas. They believe that diesel is more profitable, which is true, and that demand for it will rise in developing countries, which may not…
Yahoo!: A New Ad Sales Model
Yahoo! (YHOO) and big global ad agency WPP will begin a marketing partnership aimed at better targeting of ads. Yahoo! will give WPP access to the thousand of independent sites on its ad network…
American (AMR) Inspections: Gee, We Skipped Those Planes
AMR (AMR), parent of American Airlines, decided to skip inspections on certain of its airplanes due mostly to cost issues. The aircraft in question were suspected of being hit by lightening. American reasons that…
Media Digest 5/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Carl Ichan will fight to get Yahoo! (YHOO) to accept Microsoft’s (MSFT) bid. Reuters writes that the Senate has reached an agreement on a housing rescue. Reuters reports that Warren Buffett…
Asia Markets 5/16/2008 (SNP)(PTR)
Markets in Asia were mixed. The Nikkei fell .2% to 14,219. Mitsubishi Corp rose 3.4% to 3690. NEC fell 2.4% to 538. The Hang Seng rose .3% to 25,598. China Petroleum (SNP) rose 3..4%…
Yahoo! (YHOO) Calls Icahn An Old Fool
In a letter which basically called Carl Icahn a dummy, Yahoo! (YHOO) responded to the billionaire’s plan to offer an alternate slate of directors by writing that his understanding of the portal company’s M&A…
Buffett & Berkshire Hathaway Holdings A-H (BRK-A, BRK-B, AXP, BUD, BNI, KMX, KO, CMCSA, CDO, COP, COST, GCI, GSK, HD)
After today’s close, we got to see which stocks that Warren Buffett Held in the Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date as he has…
Buffett & Berkshire Hathaway Holdings I-S (BRK.A, BRK.B, IR, IRM, JNJ, KFT, MTB, MCO, NKE, NSC, PG, SNY, STI)
After today’s close, we saw which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) as of March 31, 2008. Buffett’s filing cut off date is longer as he has 45-days to…
Buffett & Berkshire Hathaway Holdings T – W (BRK-A, BRK-B, TMK, TT, USB, USG, UNP, UPS, UNH, WBC, WMT, WPO, WFC, WLP, WSC)
After today’s close, we saw the filing showing which stocks Warren Buffett held in Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) at the cut off date of March 31, 2008. This is a snapshot of…
Berkshire Hathaway Dumps Ameriprise (AMP, BRK.A, BRK.B)
Ameriprise Financial Inc. (NYSE: AMP) was the stand out stock in Warren Buffett’s holdings today. Beakshire Hathaway inc. (NYSE: BRK.A, BRK.B) held some 661,742 shares and listed as worth some $36.4 million back at…
The 52-Week Low Club (UNH)(CNB)(SSTR)(SLRY)
Unitedhealth Group (UNH) Concerns about healthcare cost cuts still bother stock. Drops to $31.50 from 52-week high of $59.46. The Colonial BancGroup (CNB) No bad news. Just part and parcel of being a bank.…
Time To Switch From Wal-Mart Back To Target? (TGT, WMT)
On Tuesday, May 20, 2008, we’ll see earnings out of Target Corporation (NYSE: TGT) and we’ll get to see just how the "recessed" client base is as far as shopping on a relative basis. …
Busted IPO: Verso Paper Corp. (VRS, IP)
Verso Paper Corp. (NYSE: VRS) was one we noted yesterday as "slashing terms" after the pricing level was dropped and the share count in the sale was dropped. The company priced 14 million shares…
Trouble Brewing In Oil & Gas MLP Land? (PAA, OGE, DVN, XCO, VQ, WES, APC, BSR)
We have tracked these Master Limited Partnerships (MLP’s) and spin-offs or carve-out IPO’s from larger oil and gas companies for quite some time. What is amazing is that despite the rapid rise in oil…