Crude oil has been on fire and prices were as low as $74 per barrel less than 3 weeks ago before recent highs of $84.00. Generally a rise in the commodity price…
Chevron Corporation (NYSE: CVX) traded higher in the after-hours session after the company gave an update to its buyback program. The company said that it would begin purchasing common stock during the…
These are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research notes: Allied Irish Banks plc (NYSE: AIB) Cut to Sell at Societe Generale. Amazon.com, Inc.…
Reuters:  American International Group (NYSE: AIG) and the Treasury are closer to a deal to recoup the taxpayers’ investment in the insurer. Reuters:  China said movement on a bill to force revaluation…
Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has made many changes in portfolio investing approach through time. The one constant is his ‘forever’ strategy, which now only means a bit more…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of June 30, 2010. Some may have changed slightly since the end of…
The governor of Texas and the state’s Land Commissioner have filed suit in federal court in Houston that would block the second attempt by the federal government to impose a six-month ban…
The continuing disaster in the Gulf of Mexico is partly due to the lack of a coordinated response plan in the event of a well blow-out deep below the surface. The oil…
Reuters: BP plc (NYSE: BP) defended its CEO as it considered new options to kill the well. Reuters:  The Senate voted to restore jobless benefits. Reuters:  Obama’s budget review may trim the…
Chevron Corp. (NYSE: CVX) has released its interim update for the 2010 second quarter ahead of its earnings release scheduled for July 30th. Chevron expects earnings to rise about first quarter earnings…
For the past 40 years a natural gas liquefaction plant on Alaska’s Cook Inlet has been producing LNG and shipping it to Asia. The plant is owned by ConocoPhillips Corp. (NYSE: COP),…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has now shown its latest holdings as of the close on March December 31, 2010. These are Warren Buffett’s most recent holdings, even though some may…
Penn West Energy Trust (NYSE:PWE) is the latest beneficiary of Chinese interest in the Canadian oil sands. China Investment Corp., a state-owned sovereign wealth fund, has agreed to invest about $1.23 billion…
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 US pure-play liquefied natural gas (LNG) companies, Cheniere Energy, Inc. (AMEX:LNG) and Cheniere Energy Partners LP (AMEX:CQP), reported earnings this morning, and one is headed up and the other is headed…
