At an energy conference in Paris today, the secretary general of OPEC, Abdalla Salem el-Badri, said that the cartel is “not happy” with crude oil prices in the $110-$130/barrel range and that…
The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment provided more…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Wednesday. Assurant Inc. (NYSE: AIZ) Cut to Underperform at BofA/ML. Cerner Corporation (NASDAQ: CERN)…
A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC subsidiary, has…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) is the last of the big three US integrated oil companies to report first quarter earnings, and the first to show a profit gain compared…
Markets opened a few ticks lower this morning after a poor report on new claims for unemployment benefits in the US (our coverage here). The report that pending home sales jumped 4.1%…
coutesy of Exxon Mobile Corp.The world’s largest publicly held energy company, Exxon Mobil Corp. (NYSE: XOM), was not expected to post first quarter EPS that matched last year’s first quarter. The same…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. ABB Ltd. (NYSE: ABB) Cut to Neutral at JPMorgan. Air Products &…
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…
