Now that final numbers from 2008 have been filed for most large US companies, 24/7 Wall St. is picking several stocks that are likely to double off of their lows, almost all…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows. The time frame is by the end of 2010, which is…
These are some of the top analyst downgrades or cautious analyst calls we have seen from Wall Street this Tuesday morning: BP (BP) Cut to Market Perform at Bernstein. Credit Suisse (CS)…
Chesapeake Energy Corporation (NYSE: CHK) is tired of not having profitable results from a key operation. The largest natural gas player announced that it will cut its production by 7% and is…
We have actually seen a lot of analyst calls in the oil patch this morning. Some are conflicting against each other as you will see. BP plc (NYSE: BP) Started as Underweight…
Making ethanol from corn has fallen out of favor. The next big thing is making the stuff from non-food feedstock like switchgrass, corn stalks, and wood chips. There is a lot of…
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports…
The largest natural gas producer in the US, Chesapeake Energy Corporation (NYSE:CHK), reported a GAAP EPS loss of -$1.51 for the fourth quarter of 2008. On a non-GAAP basis, the company earned…
We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and…
BP plc (NYSE:BP) announced its quarterly and annual results this morning. The company lost $3.34 billion in the quarter. That is on items as the company’s earnings per ADS totaled $0.84 (one…
Douglas A. McIntyre According to Reuters, Bank of America (BAC) and Merrill Lynch did agree on a bonus package for employees before the merger. There had been questions about the approval. Reuters reports that January…
Chesapeake Energy (NYSE: CHK) is trading marginally higher today on market chatter that BP plc (NYSE: BP) wants to acquire the company. We first noticed this in the trading for options volume…
Yesterday’s story about Venezuela opening the bidding for its oil resources raised an interesting question. What are the chances that Exxon Mobil Corporation (NYSE:XOM), with nearly $40 billion in cash at the…
Judged by the country’s performance in extracting hydrocarbons, Venezuela under President Hugo Chavez has not been a smashing success. Ten years ago, when Chavez first came to power, the country produced about…
Chevron Corporation (NYSE:CVX) already gave its severe earnings warning and we have already seen layoffs coming out of Schlumberger Limited (NYSE: SLB). and its dragging down share prices for the other oil…
