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…
Like oil refiners everywhere, China Petroleum and Chemical Co. (NYSE:SNP), better known as Sinopec, had a tough year in 2009. The company’s revenues were down nearly 7%, but EPS was up more…
BP plc (NYSE: BP) does not have much choice. It said it will cooperate with a US government investigation into the cause of the disaster at the Transocean drilling rig Deepwater Horizon in Mississippi…
Reuters: A new panel to address the budget deficit will start work. Reuters: A lawyer for Goldman Sachs Group (NYSE: GS) said it is not an “evil empire.” Reuters: The euro slipped…
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…
For the seventh consecutive month, Chinese demand for crude oil has increased by double digits over demand just one year ago. Demand in March grew by 12.8% year-over-year. The demand increase has…
Douglas A. McIntyre Reuters: An 11.9% growth in China during the first quarter has caused the government to look at tightening. Reuters: Toyota Motor Corporation (NYSE: TM) is testing all of its SUVs after problems…
Acquisitions, joint ventures, and ratings news in the oil patch have made for a busy day or two, and have also pointed out a handful of reasons pointing to a reasonable reason…
In 2009, there were just three Atlantic storms that earned the hurricane monikers — Bill, Fred, and Ida. None of these storms made landfall in the US as hurricanes. The predictions from…
The Green movement will despise President Obama’s decision to open portions of the Gulf and offshore regions from Delaware to the Carolinas to drilling. The oil industry will love it. “To set…
Reuters: Peabody Energy made a bid for Australia’s Macarthur Coal. Reuters: Some Yahoo! (YHOO )email accounts were hacked in China and Taiwan. Reuters: Japan export orders hit a six-year high.
Reuters: BP (BP) bought Devon for $11 billion to get access to its oil fields. Reuters: Toyota (TM) give a Senate panel a memo from a union seeking better quality control. Reuters: …
These are ten of the top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this Monday morning in the pre-market hours: Berkshire Hathaway Inc. (NYSE: BRK-B) Cut…
Markets in Asia were higher. The Nikkei rose .5% to 10,172. Toyota (TM) fell. The Hang Seng was up 2.2% to 21,057. HSBC (HBC) moved higher. The Shanghai Composite was up 1.2%…
The U.S. Climate Action Partnership, which has worked to help the progress of federal legislation which covers carbon emissions and green house gases, lost three of its most prominent members–all of them major…
