At the end of December, Brent crude spot prices were around $107/barrel and WTI spot prices were around $99/barrel. Since then, Brent has risen to right around $121/barrel today and WTI is…
US stocks opened mixed this morning, with the Nasdaq opening lower than both the DJIA and the S&P 500. The Nasdaq briefly crossed into positive territory this morning, but has traded lower…
Robert Murray http://www.geograph.org.uk/photo/1449653Fuel Systems Solutions Inc. (NASDAQ: FSYS) has acquired the compressor business and the right to use certain trademarks from Dresser Italia S.r.l. in an all-cash transaction. The purchase price was…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Acorda Therapeutics, Inc. (NASDAQ: ACOR) Cut to Neutral at Citigroup. Arcelor Mittal (NYSE: MT) named…
Natural gas prices are up 4.3% today, at $2.54/thousand cubic feet, after falling to near $2.45 yesterday. The market for natural gas hasn’t changed that much, with warm weather still prevailing across…
Paul Ausick Google (NASDAQ: GOOG) gets approval from the European Commission and the U.S. to buy Motorola Mobility (NYSE: MMI). (Reuters) Boeing (NYSE: BA) signs a $22.4 billion deal with Lion Air. (Reuters) Moody’s…
The nation’s second-largest producer of natural gas, Chesapeake Energy Corp. (NYSE: CHK), has announced a new plan to achieve what it calls “equilibrium” between its capital expenditures and its cash flow from…
Chesapeake Energy Corporation (NYSE: CHK) is taking a credit hit from Standard & Poor’s but this is not an equity downgrade. The company and its affiliate units have been revised to Negative even…
Jon C. Ogg Major indexes reacted positively to this morning’s non-farm payrolls report and the drop in the US unemployment rate from 8.5% to 8.3%. Expectations for the unemployment rate had been no better than…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. Apache Corporation (NYSE: APA) Started as Outperform at Credit…
At the end of 2010, Chesapeake Energy Corp. (NYSE: CHK) listed its long-term debt at $12.64 billion, down from $14.3 billion at the end of 2008, but up a little from $12.3…
Paul Ausick Jon OggThis last week brought many new analyst calls in key stocks. At the end of each week we review research calls looking for the best gems, the calls that made serious…
All three major US indexes opened higher this morning, but enthusiasm tapered off quickly and steadily, if not sharply. A drop in the number of new home sales and a smaller-than-expected rise…
The US Energy Information Administration today reported the US natural gas stocks fell by a total of 192 billion cubic feet in the past week, somewhat more than the drawdown of 182…
Paul Ausick Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Automatic Data Processing, Inc. (NYSE: ADP) Cut to Neutral…
