Whether or not the 1,700-mile Keystone XL that would transport crude oil from Canada’s oil sands to the US Gulf coast is necessary all depends on one’s point of view. Some, mostly…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Apple Inc. (NASDAQ: AAPL) Reiterated Overweight at Piper Jaffray. Arch Coal Inc.…
There are many new characters in this week’s installment of “The Unusual Suspects for the Week Ahead.” We have tracked news and added color on each where applicable. The cast of characters…
Shares in Exxon Mobil Corp. (NYSE: XOM) posted a new 52-week high of $76.62 yesterday, up about 11% in the past year. That’s not bad growth for the largest company in the…
For the first nine months of its 2010 fiscal year, E.I. du Pont de Nemours and Co. (NYSE: DD) got nearly one-third of its sales from its agricultural and nutrition division. That’s…
The Alaska oil pipeline from Prudhoe Bay to Valdez was shut down early Saturday morning following a spill of about 10 barrels of oil into the basement of a pump station on…
The US Environmental Protection Agency’s appeals board has essentially canceled permits that would have allowed Royal Dutch Shell plc (NYSE: RDS-A) to operate a drillship in the Chukchi and Beaufort seas off…
The US Bureau of Ocean Energy Management, Regulation and Enforcement, BOEMRE, has notified 13 companies that they will be able to resume drilling in the Gulf of Mexico without needing to submit…
Momentum is building for oil prices to breach the $100/barrel level again. The black stuff has gained nearly 9% in December, and a total of 15% for 2010. This is good news…
How big oil stocks perform in 2011 will be highly dependent on the price of crude oil. That’s not a particularly original thought, but it remains true nonetheless. The price of crude…
The price for a barrel of crude has risen about 17% since the beginning of 2010, to near $92/barrel. Positive forecasts for global economic growth, combined with a weaker US dollar are…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Raised to Overweight at Piper Jaffray. AT&T Inc. (NYSE: T)…
The US government has broadened it probe of insider trading. (Reuters) The euro will not last more than a few years, according to Jim Rogers. (Reuters) Fannie Mae and Freddie Mac are…
Updated throughout the day. Samsung will try to push cellphone unit sales up 18% next year to 330 million (Electronic Times) Â BP plc (NYSE: BP) may sell its North Shore assets…
Reuters: Obama’s deal with Congress will extend Bush tax cuts for two years. Reuters:  The US will sell its remaining shares in Citigroup (NYSE: C) and will make a $12 billion profit.…
