ConocoPhillipsConocoPhillips (NYSE: COP) is trying to further adopt shareholder-friendly strategies with a higher payout and lower expenses. With as much as this stock has lagged some peers until recently, that should be…
Oil major ConocoPhillips Corp. (NYSE:COP) released its third quarter 2009 interim update this morning, and while the news was not altogether positive, the company’s share price is up nearly 2.5% in early…
Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on…
The US Department of Energy’s Energy Information Administration has released its weekly status report on crude oil inventories, and once again they are higher, this time by 2.8 million barrels. Gasoline inventories…
China has made aggressive investments in oil production facilities and fields in Venezuela, Brazil, and several places in the Middle East. Almost all its multi-billion dollar deals are aimed at locking up supply to…
Reuters: Obama is trying to push Wall St. reform. Reuters: German aid for Opel will go in part to Russia for operations there. Reuters: A global poll shows support for stimulus packages.…
Now that we are out of the woods in the crash scenario, assuming this week is no ill omen, investors may want to know which of the big companies would start to…
Reuters: Ebay (EBAY) will sell Skype to private investors. Reuters: China’s manufacturing index gained. Reuters: A late Labor Day will hurt August retail sales. Reuters: A US judge ruled against AIG (AIG)…
Fidelity Management & Research Company, or FMR, was among the giants which released its quarterly holdings over the most recent days. While it is always interesting to see which holdings are the…
We have already seen earnings from Valero Energy Corp. (NYSE: VLO) and BP Plc (NYSE: BP), and these figures are acting to keep a lid on oil stocks. There is, of course,…
Reuters: Pandit bought time at Citigroup (C) with a management reshuffle. Reuters: Obama’s healthcare and climate plans are running into resistance. Reuters: AIG (AIG) will pay more executive bonuses in July. Reuters: …
These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Thursday morning: Amdocs (DOX) Raised to Outperform at Oppenheimer. Chevron (CVX) Started as…
It is still too soon to be counting the last revisions for major technology companies reporting calendar Q2-2009 earnings season. But the trend set at the end of last week and being…
Reuters: Cybercrime is spreading fast on Facebook. Reuters: GM will seek to sell most of its assets to a new company. Reuters: Madoff got 150 years in prison. Reuters: AIG (AIG) shareholders will…
We keep getting asked a single question from readers and from our own industry and professional contacts: Are Oil Stocks Cheap? There is a very simple answer in today’s markets: Oil stocks…
