Reuters is reporting that ExxonMobil Corp. (NYSE:XOM) plans to sell the 1,400 retail outlets it owns and the 820 it operates over the next several years. The company doesn’t want to fool…
We’ve seen several analyst calls on Wall Street this morning out of the oil patch, and here are some of the key calls: Hess (NYSE: HES), Sunoco (NYSE: SUN), and Tesoro (NYSE:…
Cheniere Energy, Inc. (AMEX: LNG) can thank its earnings or lack thereof today for its implosion. Shares were down well over 20% at last look around $5.78, while its 52-week trading range…
Valero Energy Corp. (NYSE: VLO) has announced that it signed an agreement to purchase 72 convenience stores and fueling kiosks from Albertson’s LLC. The financial terms of the acquisition were not disclosed,…
Douglas A. McIntyre This morning we have some key earnings from the likes of National-Oilwell Varco (NYSE:NOV) and Hess Corporation (NYSE:HES), and it wouldn’t be fair to pint out the solar earnings competition from First…
Valero Energy Corp. (NYSE:VLO) has reported 2008 first quarter income of $261 million, or $0.48 EPS, compared with income of $1.1 billion and $1.77 EPS for the first quarter of 2007. After…
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…