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…
Reuters: Obama pushed his nuclear initiative and backed a new plant. Reuters: Oil moved toward $78 on hope of an improved economy. Reuters: Toyota (NYSE:TM) will cut auto output. Reuters: Fidelity says…
Markets in Asia were mixed. The Nikkei rose 1.6% to 10,371. Toyota (NYSE:TM) rose as it shipped parts to complete its recalls. The Hang Seng rose a fraction to 20,251. The Shanghai…
Since the beginning of the year, Brazil’s ethanol industry has generated more than its share of news. Today brings the announcement of a joint venture between Royal Dutch Shell (RDS-A) and Cosan…
These are this Monday morning’s top analyst upgrades and downgrades seen from Wall Street research calls. BP plc (NYSE: BP) Raised to Buy at Citigroup. Burger King (NYSE: BKC) Cut to Hold…
These are this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: AOL Inc. (NYSE: AOL) Started as Neutral at Goldman Sachs. BP plc (NYSE: BP) Raised to…
It seems that the huge game-changing deal between Exxon Mobil Corp. (NYSE: XOM) and XTO Energy Inc. (NYSE: XTO) may have more than just one risk associated with it. The acquisition, announced…
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt…
