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…
Employment is likely to be hurt by the weak economy. (Reuters) Hackers attacked a new Sony (NYSE: SNE) network. (Reuters) A Prada filing with the Hong Kong exchange showed $215 million in…
Did you heed the call “Sell in May and Go Away!” this year? It turns out that as of mid-day we now have nearly half of the 30 Dow Jones Industrial Average…
Now that the 10-Year Treasury Note has been back to close to the 3.00% yields again, we wanted to see which Dow Jones Industrial Average components had a higher dividend yield than…
Jon OggMany Dow Jones Industrial Average stocks have just recently sold off more than 10% and many are almost at that key 10% sell-off mark. Historically investors have used 10% as the…
The Dow Jones industrial average, the best-known barometer of the U.S. stock market, has been on a tear recently, gaining more than 16% over the past year. Investors have not yet recovered…
Solar stocks have been wickedly punishing for many shareholders after the oil bubble of 2008 popped and then again during the recession. A new dal may have just reset the value as…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. ABB Ltd. (NYSE: ABB) Raised to Outperform at Credit Suisse; Raised…
