This next week is going to be a very light one for earnings but will be a very active week for other news. The Japanese quake aftermath and many other more company-specific…
AIG (NYSE: AIG) suffered from news that it will buy back $16 billion of distressed securities. Del Monte (NYSE: DLM) received bad press because of concerns about poor weather effecting crops. Note:…
Japan was hit by an 8.9 magnitude earthquake. (Reuters) Chinese insurance regulators passed on details of the AIG (NYSE: AIG) disaster to local insurance companies, according to WikiLeaks. (Reuters) Apple (NASDAQ: AAPL)…
Almost a year ago, Chevron Corp. (NYSE: CVX) put out the word that it was looking to sell its Pembroke refinery in Wales. The offers didn’t exactly come pouring in. Refining is…
coutesy of Exxon Mobile Corp.At a presentation to analysts today, Exxon Mobil Corp. (NYSE: XOM) said it plans to invest about $34 billion in “high-quality” projects in 2011, and that spending through…
BP plc (NYSE: BP) CEO Dudley apologized for the Deepwater Horizon disaster. The gesture apparently did not go over well. Negative press on the UK-based oil firm moved it to the top…
Bad press about Chevron (NYSE: CVX) rose on news that a federal judge would delay an $18 billion damage judgement made in Ecuador. Rite Aide was hit by poor press as the…
As crude oil prices continue their steady trend above $100/barrel, US refiners are preparing for the worst. Actually, the worst is already here, in the form of spiking prices. Worse than anything,…
Two weeks ago, Federal Judge Martin Feldman told the Obama administration to act within 30 days on a number of drilling permits for the deepwater Gulf of Mexico. The Bureau of Ocean…
S&P 500 WEEK TOP 10 (18 FEB -24 FEB) Ticker Weekly Price Change (%) Close Price 24Feb11 Close Price 18Feb11 Market Cap($Mil) Chesapeake Energy Corp CHK 12.9 34.35 30.43 22462.0 Cabot Oil…
Federal Judge Martin Feldman has pushed the Obama administration to resume drilling in the Gulf of Mexico ever since late June 2010. That’s when he first ruled against the moratorium on drilling…
Nothing like the Chapter 11 filing of a major public company brings in poor press notices. Borders Group filed for bankruptcy and closed 200 stores which is also bound to hurt it…
coutesy of Exxon Mobile Corp.The oil majors will be reporting reserves replacement figures for 2010 over the next few weeks as they prepare their 10-Ks for the SEC. ConocoPhillips Corp. (NYSE: COP)…
Negative press about Chevron (NYSE: CVX) has reached a boiling point after news that the oil company had been hit with a $9.5 billion ruling by an Ecuador count. The penalty comes…
Deutsche Borse and the New York Stock Exchange are near a merger arrangement, but political issues are still a problem (Reuters) Starbucks (NYSE: SBUX) and Green Mountain are close to a strategic…
