The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
A raft of good earnings reports pushed the markets higher at opening this morning, sending the Dow Industrials up about 200 points at mid-day. For some reason traders are hopeful that this…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. BHP Billiton (NYSE: BHP) Cut to Hold at Societe Generale; Cut…
Large US oil companies have had a good year. Not the best ever, but good nonetheless on high prices for crude oil. The big reason for solid profits has been the differential…
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…
When the G20 meets, the focus will be on the EU crisis. (Reuters) Google’s (NASDAQ: GOOG) Q3 numbers kill concerns about U.S. ad markets. (Reuters) JPMorgan (NYSE: JPM) earnings pull down equity…
Responsibility is going to get spread around for the explosion of the Deepwater Horizon that killed 11 people and poured millions of barrels of oil into the Gulf of Mexico last year.…
Aol’s (NYSE: AOL) CEO approaches large investors about a merger with Yahoo! (NASDAQ: YHOO). (Reuters) The IMF says China can weather global financial and economic risks. (Reuters) Wall St. will watch Google…
A decision is expected by the end of this year from the US State Department on whether or not the US will allow the Keystone XL pipeline to be built. TransCanada Corp.…
Angela Merkel faces a test: will her own party support money being used for the bailout of Greece? (Reuters) Bernanke says the Fed may have to act if inflation falls below targets.…
Transocean Ltd. (NYSE: RIG) is likely going to be in the local nightly news reports all throughout the states in the Gulf of Mexico, whether it is justified or not. The U.S. Coast…
The boom in US natural gas drilling resulting from the technological advances of horizontal drilling and hydraulic fracturing is beginning to spread to the rest of the world. In some countries, like…
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…
