ThinkstockWTI crude oil futures for March delivery topped $100 a barrel on the Nymex Monday after a brief stop at that level last Friday, and there’s every reason to believe that the…
thinkstockFebruary 5, 2014: Markets opened lower on Wednesday following the report from ADP that nonfarm payrolls had risen less than expected in January. And unlike yesterday, the Japanese yen gathered strength early…
The two largest U.S. integrated oil companies, Exxon Mobil and Chevron, have now reported 2013 results, and neither one can claim to have made a very positive impression on investors. Is either…
Many great stocks have fallen from their peaks, and some Dow Jones Industrial Average stocks are actually challenging their 52-week lows. Often it is the stocks that sold off the most that…
Petrobras is supposed to be a great oil giant, with vase proven and probable reserves, and with a vast opportunity in Brazil. The problem is that nothing seems to go right for…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Tuesday, February 4, 2014. They include Chevron, Gap, Merck, Microsoft and Zynga.
thinkstockJanuary 31, 2014: Markets opened lower on Friday following a report on eurozone inflation that indicated that the monetary union’s recovery remains weak. Added to that were worries about emerging markets that…
Chevron reported lower fourth-quarter and full-year 2013 results before markets opened Friday morning, due in part to lower prices and margins. The earnings announcement did not include guidance.
Paul Ausick The S&P 500 has dropped more than 5% in 2014, and virtually all of that has come in the past week. Much of the blame has been put on financial risks in…
Short interest in several large oil and gas stocks rose in the two-week period to January 15, likely as a result of expected pressure on crude oil prices, refining margins and drilling…
With production increasing in the United States at a record pace, the energy analysts at Oppenheimer are convinced that the days of tremendous rising revenues and profits at the major integrateds, as…
Jon OggWe are now well past the end of 2013, and many strategists have mixed targets for the stock and bond markets in 2014. The last year brought gains of 26.5% in…
thinkstockStocks were highly confused all day after the Labor Department showed that a 6.7% unemployment rate surprise was simply because so many people have dropped out of the workforce. The real bomb…
thinkstockJanuary 8, 2014: DJIA was -70.71 at 16,460.23 (unofficial close) S&P 500 was -0.42 at 1,837.46 (unofficial close) The markets had to deal with an FOMC Minutes report and the first ten-year…
Between the federal tax rate and state corporate tax rates, some corporations pay billions of dollars every year in taxes. 24/7 Wall St. examined the 10 U.S.-based, publicly traded companies with tax…
