Dividends are still rising and equity and income investors should expect more of the same for 2012. The Walt Disney Company (NYSE: DIS) joined in on the dividend hike brigade with another dividend…
In the summer of 2010, Scottish oil company Cairn Energy announced an ambitious program to explore the waters of the west coast of Greenland. The US Geological Survey estimates that Greenland holds…
The supercommittee appears unlikely to settle on a deficit agreement. (Reuters) A senior Chinese official says he expects the global recession to last for some time. (Reuters) Spain’s center-right People’s Party gains…
As the price differential between WTIÂ and Brent crude oil continues to narrow, with WTIÂ rising and Brent falling, big oil companies should see a gain in their realized prices for crude. This is…
The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned by ConocoPhillips Corp. (NYSE: COP) and reverse the pipeline’s flow direction, pushed…
The economic choppiness is coming to a head with the age of dividend hikes. The pressure is going to remain for companies to continue returning capital to shareholders while also looking for…
Two major oil refiners have reported third-quarter earnings since the market closed last night. Both posted better-than-expected earnings primarily due to sharply higher refining margins. Western Refining Corp. (NYSE: WNR) reported net…
Markets opened slightly lower this morning and spent the morning trying to decide on a direction. The Reuters/University of Michigan Consumer Sentiment Index rose more than expected, but even that was not…
Crude oil prices have jumped more than $3/barrel this morning on the expectation that the European agreement on sovereign debt will put some life back into the global economy. That outcome is…
The first large-scale geothermal electricity generating plant in the US was developed in the 1960s in northern California. Unocal, now part of Chevron Corp. (NYSE: CVX), did the initial work and the…
A year ago, shares of BP plc (NYSE: BP) closed near $41. Yesterday the shares closed near $42, about 15% below the stock’s 52-week high. When the company reported third quarter earnings…
Large US oil companies have had a good year. Not the best ever, but good nonetheless on high prices for crude oil. The big reason for solid profits has been the differential…
International Business Machines Corporation (NYSE: IBM) has now reported its third quarter earnings report at $3.28 EPS and $26.2 billion in sales. Thomson Reuters was looking for $3.22 EPS and $26.25 billion…
Over the weekend, pipeline company Kinder Morgan, Inc. (NYSE: KMI) announced that it would pay approximately $21.1 billion in cash and stock for El Paso Corp. (NYSE: EP) and El Paso Pipeline…
Alcoa (NYSE: AA) earnings bring markets lower. (Reuters) Senate defeats the Obama jobs bill. (Reuters) Sony (NYSE: SNE) says a third party tried to sign into 93,000 PlayStation accounts. (Reuters) The Research…
