Crude oil has been on fire and prices were as low as $74 per barrel less than 3 weeks ago before recent highs of $84.00. Generally a rise in the commodity price…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Shares in JA Solar Holdings Co., Ltd. (NASDAQ: JASO) are up more than 5% this morning on news that the company has signed a contract with the solar division of BP plc…
Jon C. Ogg BP plc (NYSE: BP) said it has pledged collateral to cover the costs of the independent escrow fund meant to cover claims and liabilities from the Deepwater Horizon spill. That is no…
Douglas A. McIntyre BP plc (BP) eliminated its dividend as the cost to the company of the Deepwater Horizon spill rose into the billions and billions of dollars. The UK-based firm says it has already…
Douglas A. McIntyre Reuters: Hewlett-Packard (NYSE: HP) named the former CEO of SAP (NYSE: SAP) as CEO and a former president of Oracle (NASDAQ: ORCL) as chairman. Reuters: A trade by Waddell & Reed Financial…
BP Plc.’s incoming CEO (NYSE: BP) Bob Dudley knows that the public is skeptical about his company’s plans to create a Safety Division. After all, the oil company has made these promises…
Douglas A. McIntyre Active traders have many stocks to choose from this Wednesday. We are tracking news and moves in shares of American International Group, Inc. (NYSE: AIG), BP plc (NYSE: BP), Family Dollar Stores…
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
Reuters: The panel that will give advice to Obama about the deficit met but experts were concerned that it will offer few concrete answers. Reuters: The House may approve a bill aimed…
BP plc (NYSE: BP) is set to raise a few billion dollars in cash after a bond offering has been filed with the SEC this morning via its BP Capital Market plc…
Jon C. Ogg Reuters: American International Group (NYSE: AIG) and the Treasury are closer to a deal to recoup the taxpayers’ investment in the insurer. Reuters: China said movement on a bill to force revaluation…
Reuters: BP plc (NYSE: BP) says its $20 billion escrow has paid out 19,000 claims which total $240 million. Reuters: The US said that BP has “killed” the leaking well. Reuters: Bank…
U.S. utilities, which are under pressure to use more environmentally friendly fuel sources, are increasingly betting their future of natural gas at the expense of coal. As Bloomberg News notes, the U.S.…
Reuters: Japan intervened to cap the yen for the first time in six years. Reuters: Business sentiment in Asia slipped for the third quarter period. Reuters: Gold remained near a record high.…
