Swiss-based commodities trading house Glencore International expects to conduct an initial public offerin gon the Hong Kong exchange around the end of April. The company aims to raise $10 billion with this…
Bank of America Merrill Lynch has a report out to start this week with a longer-term outlook for cleantech and alternative energy. The firm has a view of several key winners, although…
America lost its lead as the world’s top manufacturer to China. That is in part the basis of the argument that China’s Gross Domestic Product will pass America’s sometime before the middle…
Not many things test a brand’s strength more than a price increase. Nike (NYSE: NKE) said it will increase what it charges for most products by 5.2% because of rising costs for…
Japanese officials have confirmed 4,340 dead and 9,083 still missing as a result of the earthquake and tsunami that hit the country a week ago, according to London’s Daily Mail newspaper. Those…
coutesy of Exxon Mobile Corp.The market capitalization of Apple Inc (NASDAQ: AAPL) moved ahead of Microsoft’s (NASDAQ: MSFT) last year. It was a humiliation for the world’s largest software company which held…
There are several research upgrades and downgrades this morning that may feel meaningless in the overall scheme of things due to the international headlines coming from Japan and the Middle East. The…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. American Superconductor Corporation (NASDAQ: AMSC) Cut to Hold at Needham. Central…
Following the disaster in Japan, and particularly the explosions in one one of the country’s 53 nuclear power generating reactors, the reactions of other nations with nuclear power plants either built or…
BP (NYSE: BP) stayed at the top of the list of companies receiving the most negative news after skepticism about its CEO’s apology about Deepwater Horizon. Dynegy (NYSE: DYN) threatened a Chapter…
Moody’s cuts Spain’s rating and said current cuts were possible (Reuters) China posted a trade deficit of $7.3 billion. It was the worst in seven years and may have been caused by…
coutesy of Exxon Mobile Corp.At a presentation to analysts today, Exxon Mobil Corp. (NYSE: XOM) said it plans to invest about $34 billion in “high-quality” projects in 2011, and that spending through…
As crude oil prices continue their steady trend above $100/barrel, US refiners are preparing for the worst. Actually, the worst is already here, in the form of spiking prices. Worse than anything,…
Exxon Mobil’s (NYSE: XOM) stock should have outperformed BP plc’s (NYSE: BP) over the last two years, but it has not. Exxon’s shares are up 40% over the period. BP’s are 38%…
It’s hardly news any more when Chesapeake Energy Corp. (NYSE: CHK) sells off more assets. This time is a little different, though, because of the buyer. BHP Billiton plc (NYSE: BHP) has…
