Shares of Valero Energy Corp. (NYSE: VLO) are getting a haircut in after-hours trading. High oil prices that get out of control hurt refiners because their costs escalate more than the margins…
Douglas A. McIntyre If gasoline prices move from their current average price of $3.20 to $5, the cost of fuel for a family that spends $50 a week for gas would move up over $1,000…
According to Reuters, central banks are uniting to ease the credit crisis. Reuters writes that Google (GOOG) got EU approval to buy DoubleClick and its shares rose. Reuters reports that Caterpillar (CAT)…
Valero Corp. (NYSE: VLO) shares are trading up almost 10% after the company posted earnings. Valero has been what seems like habitually hampered with higher refining costs more than it has been…
Douglas A. McIntyre Below is a snapshot of the individual company news affecting share prices being watched by 247WallSt.com: Amtech Systems (NASDAQ: ASYS) shares up 3% after it announced receipt of a $3.9 million solar…
According to Reuters, the Fed is set to cut rates today. Reuters writes that inflation in China hit an 11 year high at almost 7% in November. Reuters reports that global deals…
These are not teh only impact analyst calls today impacting stocks, but these are the key calls that 24/7 Wall St. is focusing on. This isn’t exactly 10 if you look at…
These are not the only impacting analyst calls in the land of upgrades & downgrades, but these are the top ten analyst calls 24/7 Wall St. is looking at today: Baker Hughes…
Archer-Daniels Midland (ADM) $0.71 vs. $0.59 est. Asset Acceptance Corp. (AACC) -$0.05 EPS vs -$0.05 est. Beazer (BZH) cutting 1/4 workers and suspends dividend; sees new order down 50%. Church & Dwight…
Integrated oil giant ExxonMobil (NYSE:XOM) is set to report earnings on Thursday morning, and it is still a wonder as to why shares are lagging behind the market when oil traded up…
ExxonMobil (NYSE:XOM) is set to report its third quarter earnings next week pre-market on November 1, 2007. What is curious to 24/7 Wall St. is whether or not the biggest integrated oil…
This was a long and crazy week for stock traders, but the Bond weasels got Monday off and only had a four-day work week. Thursday was the mystery tank day when the…
Valero Energy Corp. (NYSE:VLO) said that tighter refining margins are going to cause the company to miss earnings expectations. The new range of earnings expectations from the company is $1.30 to $1.40,…
Today was a landmark in oil: $80.00 per barrel was hit briefly. If you were hoping that the OPEC raised production targets yesterday was going to be a huge help, guess again. …
Valero Energy Corp. (NYSE:VLO) posted earnings after yesterday’s close. Profits came in at an all-time high on high oil prices. The refiner’s net income was over $2.2 Billion with an EPS report…
Douglas A. McIntyre 