Markets opened lower this morning following some reversals in Europe, not the least of which is the coming French presidential election. PMI readings from Europe and China were also weak. Asian and…
Sunoco Inc. (NYSE: SU) has been shopping its two Pennsylvania refineries since late last summer with not a lot of interest from prospective buyers. That could be about to change. Last week…
Nestle to buy Pfizer’s (NYSE: PFE) baby food operation for $11.9 billion. (Reuters) China’s factory output rises slightly in March, but still not at levels of expansion. (Reuters) Vodafone (NASDAQ: VOD) buys…
Earnings season is in full swing and we have many key reports due in the coming week. 24/7 Wall St. has provided some detailed previews for the key earnings reports we expect…
A couple of weeks ago there were press reports that Delta Air Lines Inc. (NYSE: DAL) was contemplating the acquisition of one of three idled Eastern US refineries, with the most likely…
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 from the…
The Sony (NYSE: SNE) train wreck continues. The Japanese company has appointed a new CEO and will fire 10,000 workers. But annual earnings for the fiscal year are much worse than expected. Sony…
There is a relatively new reason to believe gas prices will rise, at least in part of the US. CNNMoney reports that almost 50% of the gas refinery capacity in the Northeast…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for sale in…
Last week, we noted how a deal was in the works that could bring about a start to natural gas production from Alaska’s North Slope. Leases in the Ft. Thompson area were…
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…
ConocoPhillips (NYSE: COP) announced this morning that it was selling all its operations in Vietnam to a division of France’s Perenco SA for $1.29 billion. The sale includes three Conoco wholly-owned subsidiaries…
Paul Ausick Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 30, 2011. These public stock holdings have been broken down into…
Jon OggThis last week was very busy, and Friday’s disappointing trading day skewed many research reports. Each morning we track analyst upgrades and downgrades and over the weekend we review each to…
