A report on National Public Radio last night has led to demands for the federal government to get tougher with BP plc (NYSE: BP) and Transocean Ltd. (NYSE: RIG) regarding the actual…
We are not seeing the floodgate of dividend hikes as we had seen in earlier weeks this year, but hikes, talk of hikes, and other big dividend news changes are out this…
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 Senate backed restrictions on credit rating agencies and credit card fees. Reuters: Oil dropped to a three-month low based on demand. Reuters: Facebook will hold a staff meeting on privacy.…
BP plc (NYSE: BP) says the costs of cleaning up and attempting to cap the oil flow from what is left of the Deepwater Horizon have risen above $450 million. According to The…
NYT: NY Attorney General is investigating eight banks for allegedly providing misleading information about mortgage instruments to rating agencies: The Goldman Sachs Group (NYSE: GS), Morgan Stanley(NYSE: MS), Deutsche Bank (NYSE: DB),…
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more than 5,000…
The blame cycle that has emerged about which company caused the collapse of the Deepwater Horizon rig has come around to a cement plug. The “device” is supposed to seal the pipe…
A 404-point move up in the DJIA and a near 49-point run in the S&P 500 sounds massive at 3.9% and 4.4% respectively. When you look at the international markets, particularly some…
There has been a great deal of concern that the oil slick created by 5,000 barrels a day from the wrecked Deepwater Horizon would hit beaches in Louisiana. Alabama, and perhaps Florida.…
Douglas A. McIntyre Reuters: The US exchanges will testify before Congress about the market plunge. Reuters: The NYSE and NASDAQ said that they would cooperate with investigations of the market meltdown. Reuters: S&P futures rose…
The new list of Unusual Suspects for stocks to watch this coming week is out. How can you pick out just over ten stocks to watch in the week ahead after the…
The rig count from Baker Huges Inc. (NYSE:BHI) is out for April and the recent trends continue. The US count is up, the Canadian count is down, and the international rig count…
If nothing else, the big oil companies are audacious. Just as thousand of barrels of oil spill from the Deepwater Horizon blowout in the Gulf, Shell Oil is in the final stages of…
Douglas A. McIntyre It is one thing to make a mistake and another to be unprepared to fix it. That is particularly true with the means of correction are at hand. BP plc (NYSE: BP), Transocean (NYSE:…
