The pace of stock buyback announcements in the month of August was almost unbelievable. The pace was stronger at the start of the month when earnings were still coming in droves, but…
None of China’s three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) — known as Sinopec — reported…
This past weekend’s startling developments in Libya hit the crude oil markets almost instantly. Brent crude in Europe fell to around $105/barrel at one point, while WTI crude has gained about half…
It is no secret that the market volatility has many investors rattled. What is very counter-intuitive is that many companies are continuing with most or all of their investor friendly plans regardless…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Advance Auto Parts. Inc. (NYSE: AAP) Raised to Outperform at Credit…
Apple (NASDAQ: AAPL) became the most valuable company in America yesterday when its market cap passed Exxon Mobil’s (NYSE: XOM). The move draws attention to what market capitalization means, and why it…
High prices have finally contributed to curing high prices in the world’s crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices for Brent…
Yesterday’s crashing market sent crude oil to its lowest close in eight months. WTI crude fell even further this morning, to below $76/barrel before turning around to rise above $82/barrel at mid-morning.…
As the markets swoon today from Friday night’s downgrade of US debt, Standard & Poor’s is making other changes to its debt ratings. One sector that is unchanged is oil and gas,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Monday morning. AmerisourceBergen Corporation (NYSE: ABC) Cut to Hold at Citigroup. Cameron International…
Looks like the whispers we were hearing yesterday about a split-up of some sort at oil major ConocoPhillips Corp. (NYSE: COP) were true. The company has announced this morning that it will…
Last April, Harvey Neiman of Neiman Funds Management, said in an interview that market volatility was going to be the theme for 2011. Rather than trying to predict what would drive the…
Since the beginning of the year, returns for the three largest US oil companies have been sturdy, if not blinding, and each has a lower than average P/E ratio. Exxon Mobil Corp.…
Deals are aplenty when it comes to the natural gas sector. It is as if the future has been seen and natural gas is going to be in it even if the…
News that a drought in west Texas could undermine oil and gas production hit Halliburton, Anadarko, and KBR. Bank of New York Mellon was hit by negative coverage of a problem of…
