U.S. equity markets opened lower this morning as concerns about European markets reared up again. The U.K.’s PMI came in lower than expected and consumer confidence was lower, sending equities markets on…
Jon OggThese are this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Broadcom Corp. (NASDAQ: BRCM) reiterated Buy with $46 target at Argus. Cavium Inc. (NASDAQ: CAVM) reiterated…
U.S. equity markets opened higher this morning on the heels of a solid report on U.S. nonfarm payrolls, which rose less than expected but on top of a large upward revision for…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil and gas supermajor posted diluted earnings per share (EPS)…
U.S. equity markets opened lower this morning following a mixed bag of data on the U.S. economy and mixed earnings results out this morning. In Europe, Germany’s retail sales fell sharply this…
ThinkstockTwo of the world’s largest oil amd gas companies have reported earnings in the past 12 hours or so, and two more will report before markets open tomorrow morning. Royal Dutch Shell…
courtesy of Chevron Corp.In documents filed with the federal district court in Manhattan this morning, Chevron Corp. (NYSE: CVX) for the first time included evidence of bribery in the $18 billion judgment…
Paul Ausick ThinkstockWe have tracked the key short interest changes as of December 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
Frank Golhen, via Wikimedia CommonsEarnings season is in full swing and the coming week will have many big earnings announcements. 24/7 Wall St. has provided a brief calendar showing current and ex-DJIA…
ThinkstockSpot market prices for liquefied natural gas (LNG) have reached $18 per million BTUs and could go higher this year as supplies of the fuel appear to be softer than many traders…
Wikimedia CommonsApple Inc. (NASDAQ: AAPL) passed Exxon Mobil Corp. (NYSE: XOM) over a year ago to become the world’s largest company by market cap. It appears that the two could reverse positions…
courtesy of Apple Inc.Each January, 24/7 Wall St. forecasts the publicly traded U.S. companies that will have the highest profits in the year ahead. This year, Apple almost certainly will keep first place,…
ThinkstockOil refiner Tesoro Corp. (NYSE: TSO) announced late yesterday that it would close its 93,500 barrel per day refinery in Kapolei, Hawaii, this coming April. The company has been seeking a buyer…
Paul Ausick The Merrill Lynch research team at Bank of America Corporation (NYSE: BAC) is out with its key RIC report for 2013, which is titled “2013: Back to the Future” for the start…
ThinkstockLast night’s agreement on a fiscal cliff deal is lifting the commodities markets this morning, especially for crude oil. Traders are reacting to the now-lessened chance of a global recession led by…
