Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Alcatel-Lucent SA (NYSE: ALU) Cut to Underperform at Jefferies. Anadarko Petroleum…
China’s GDP growth decelerates to 9.1%. (Reuters) Concern about China growth and the EU disaster push global stocks lower. (Reuters) Federal Reserve officials argue about the future rate of inflation. (Reuters) IBM…
Lost to some who saw the announcement that BP (NYSE: BP) had settled claims with Anadarko (NYSE: APC) over the Deepwater Horizon explosion and subsequent leak was the fact that the UK-based oil giant will no…
Philips Electronics may be unable to shed its TV operation and will fire 4,500. (Reuters) Kinder Morgan (NYSE: KMI) to buy El Paso (NYSE: EP) for $21 billion and will save $250…
IPOs of Citic Securities and Great Wall Motor struggle, a sign that offerings from China are in trouble. (Reuters) The unresolved Greece problem continues to damage markets. (Reuters) Amazon.com (NASDAQ: AMZN) may…
Independent oil and gas producer Apache Corp. (NYSE: APA) has agreed to purchase the North Sea assets of a subsidiary of Exxon Mobil Corp. (NYSE: XOM) for $1.75 billion. The total number…
After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. It’s not…
A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today’s WTI price of around $90/barrel, natural gas should…
What would become Lee is currently posing a threat the entire Gulf Coast again in the Gulf of Mexico. The East Cost just had to deal with Irene and is now looking…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Air Lease Corporation (NYSE: AL) Started as Outperform at Credit Suisse.…
First-quarter earnings plunged at Devon Energy Corp. (NYSE: DVN) compared with the same period a year ago. The good news is that expectations were even lower. Excluding items, Devon posted EPS of…
Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Anadarko Petroleum Corp. (NYSE: APC) Reiterated Hold at Argus. Carefusion Corporation (NYSE: CFN) Cut…
Anadarko Petroleum Co. (NYSE: APC) has agreed to sell a stake in its Eagle Ford shale play to the Korean National Oil Company, KNOC, for $1.55 billion. KNOC’s investment gives Korea about…
These are some of this Thursday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Anadarko Petroleum Corporation (NYSE: APC) Cut to Equal-Weight at Barclays. Arch Coal…
These are some of this Wednesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Activision Blizzard, Inc. (NASDAQ: ATVI) Cut to Neutral at BofA/ML. Anadarko Petroleum…
