Analysts at a number of investment banks suggest that BP plc (NYSE: BP) follow the lead of ConocoPhillips Corp. (NYSE: COP) and Marathon Oil Corp. (NYSE: MRO) in splitting off the company’s…
Congress and the White House have made little progress on the debt talks (Reuters) The U.S. has come perilously close to a cut of its debt to Aa (Reuters) Moody’s warned that…
Transocean Ltd. (NYSE: RIG) was all over the news at this time last year. It was a Transocean drilling rig that exploded in the US Gulf of Mexico, killing 11 workers and…
Some of the best known publicly traded companies in the world have stocks that will never reach their all-time highs again. Many of them are not troubled firms. In a number of…
Russia’s President Dmitry Medvedev told an economic conference last month that he had ordered the government to reduce its controlling interests in some of the country’s biggest companies. He wants Russia’s largest…
Whether or not you still trust the independent credit ratings agencies after the credit crisis up to you. Credit ratings do still matter to many investors. This morning we have Standard &…
Jon C. Ogg The Keystone XL Pipeline project has been under review for more than two years now, and has already secured approval from the Alberta provincial government and the Canadian national government. The pipeline,…
Nokia24/7 Wall St. has created a new list of brands that will disappear, which includes Sears (NASDAQ:SHLD), Sony Pictures (NYSE:SNE), American Apparel (NYSE:APP), Nokia (NYSE:NOK), Saab, A&W All-American Foods Restaurants, Soap Opera…
Congressional leaders will consider tax cuts as part of talks on an increased US debt cap. (Reuters) Citigroup (NYSE: C) said hackers gained access to data on bank cards. (Reuters) St Louis…
Exxon Mobil Corp. (NYSE: XOM) has announced two oil discoveries in the US Gulf of Mexico, totaling more than 700 million barrels of oil equivalent. The finds are the company’s first since…
A Washington Post/ABC poll showed Obama’s ratings on the economy hit a low. (Reuters) Steve Jobs of Apple (NASDAQ: AAPL) introduced the company’s new iCloud product. (Reuters) Wall St. stocks hit a…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Acorda Therapeutics, Inc. (NASDAQ: ACOR) Raised to Neutral at Piper Jaffray.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. BP plc (NYSE: BP) Raised to Buy at BofA/ML. Brocade Communications Systems, Inc.…
Hewlett-Packard (NYSE: HPQ) earnings were below expectations, but those of Dell (NYSE: DELL) were above. (Reuters) The FCC asked Google (NASDAQ: GOOG) and Apple (NASDAQ: AAP) to attend a meeting on location-based…
Updated throughout the day. BP negotiations on its Arctic drilling deal with Russian interests will continue despite being beyond a deadline (Reuters) The price for the Glencore IPO will be over $8.60…
Douglas A. McIntyre