This morning we have some key earnings from the likes of National-Oilwell Varco (NYSE:NOV) and Hess Corporation (NYSE:HES), and it wouldn’t be fair to pint out the solar earnings competition from First…
These are not the only analyst calls affecting shares today, but these are ten of the calls that we are focusing on this Wednesday morning: Angiotech Pharmaceuticals (NASDAQ: ANPI) raised to Outperform…
Valero Energy Corp. (NYSE:VLO) has reported 2008 first quarter income of $261 million, or $0.48 EPS, compared with income of $1.1 billion and $1.77 EPS for the first quarter of 2007. After…
BP (BP) and Shell produced out-sized profits for the first quarter. BP earnings rose to $7.62 billion from $4.66 billion. Over at Shell the numbers were up to $9.08 billion from $7.28…
According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have asked for a delay of a Texas trial. Reuters reports that share…
One of the big oil pipelines in the UK has been shut down by a strike giving oil bulls another reason to predict higher crude prices. According to Reuters "A pipeline carrying…
Douglas A. McIntyre According to Reuters, US senator Charles Schumer has asked the SEC to look at conflicts of interest at bond rating firms. Reuters writes that Washington Mutual (WM) are in favor of the…
Below are the top 10 pre-market analyst calls that 247wallst.com is focusing on: Abercrombie & Fitch (NYSE: ANF) cut to Neutral at JP Morgan. BlackRock (NYSE: BLK) Cut to Market Perform from…
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters reports that some members of the Fed believe that the US will…
Fortis Merchant Banking has successfully closed syndication of a $280 million senior secured financing for Sherbino I Wind Farm LLC. This west-Texas wind farm is a joint venture owned by BP plc’s…
Markets in Europe were up at 6.40 AM. The FTSE was up .7% to 5,744. Barclays (BCS) was up 4.6% to 474 BP (BP) was down 1.9% to 502.5. The DAXX rose…
Markets in Europe were off modestly at 7 AM New York time. The FTSE was down .6% to 5,512. BP (BP) was down 1.9% to 505. British Air was up 3.9% to…
Douglas A. McIntyre BP plc (NYSE: BP) announced that it has moved into full construction of Phase One of the Sherbino Wind Farm, a 150 megawatt renewable wind energy project that is roughly 30 miles…
One of the solutions for fighting the high price of oil is to increase the supply. That seems simple enough, but it is expensive, at least for oil companies. OPEC is not…
According to Reuters, Micorosft (MSFT) will open up some of its software code to rivals. Reuters reports that BP (BP) will try to get billions of more barrels out of Prudhoe Bay.…
