Today’s commodities news leads off with report that Goldman Sachs Group Inc. (NYSE: GS) and its leading commodities strategist are recommending that investors abandon long positions in copper and platinum even as…
Time now for our daily look at commodity prices and news. Swiss-based commodities trading house Glencore International AG is expected to conduct an IPO on the Hong Kong exchange around the end…
Swiss-based commodities trading house Glencore International expects to conduct an initial public offerin gon the Hong Kong exchange around the end of April. The company aims to raise $10 billion with this…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Amazon.com Inc. (NASDAQ: AMZN) Raised to Outperform at William Blair. Amgen Inc.…
The head of Goldman Sachs Group (NYSE: GS) said that an ex-director leaked confidential information. (Reuters) The prime minister of Portugal stepped down as his austerity plan was rejected by Parliament. (Reuters)…
Japanese officials have confirmed 4,340 dead and 9,083 still missing as a result of the earthquake and tsunami that hit the country a week ago, according to London’s Daily Mail newspaper. Those…
coutesy of Exxon Mobile Corp.At a presentation to analysts today, Exxon Mobil Corp. (NYSE: XOM) said it plans to invest about $34 billion in “high-quality” projects in 2011, and that spending through…
It was just two years ago today that the U.S. markets reached an absolute bottom. Investors were reeling and the public was literally getting ready for a breakdown of the system. After…
As crude oil prices continue their steady trend above $100/barrel, US refiners are preparing for the worst. Actually, the worst is already here, in the form of spiking prices. Worse than anything,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. Avalon Rare Metals, Inc. (AMEX: AVL) Started as Sector Outperform at…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. The Blackstone Group LP (NYSE: BX) Started as Buy at Citigroup.…
Many shareholders argue that share repurchase and stock buyback plans are generally a waste of shareholder capital aimed solely as a short-term share price targeting mechanism. Many would prefer to see dividends. …
Federal Judge Martin Feldman has pushed the Obama administration to resume drilling in the Gulf of Mexico ever since late June 2010. That’s when he first ruled against the moratorium on drilling…
coutesy of Exxon Mobile Corp.The oil majors will be reporting reserves replacement figures for 2010 over the next few weeks as they prepare their 10-Ks for the SEC. ConocoPhillips Corp. (NYSE: COP)…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 31, 2010. That makes these his new 2011 holdings and there…
