Oil Stocks Not Following Oil (XOM, CVX, COP)
Oil on last look was up huge at $134.36 per barrel, up $6.58 from yesterday’s gains in what is one of the larger two-day moves in recent trading. Israel’s transportation minister said…
Oil on last look was up huge at $134.36 per barrel, up $6.58 from yesterday’s gains in what is one of the larger two-day moves in recent trading. Israel’s transportation minister said…
Solar energy may be the wave of energy’s future, but companies like Google (GOOG) and Chevron (CVX) may best start-ups in getting to the benefits. A number of large American companies with…
UBS has raised its raw oil price targets for 2008 to 2010 and has lifted its coverage in the oil sector. UBS also initiated coverage on some of the oil and drilling…
Chevron Corporation (NYSE:CVX) reported earnings of $5.17 billion and $2.48 EPS for the first quarter of 2008. First Call had estimates at $2.41 EPS. This compared with $4.72 billion and $2.18 EPS…
These are not all of the analyst calls, but these are ten of the top calls affecting shares this morning: Affiliated Computer Services (NYSE: ACS) Raised to Buy from Neutral at Goldman…
Laszlo Birinyi of Birinyi Associates, Inc. is one of the more frequently watched portfolio managers by the public. The reason is not that he is one of the largest fund managers. But…
ConocoPhillips (NYSE: COP) hiked its dividend Friday, and not just by a penny. Its quarterly dividend was raised from $0.41 per quarter up to $0.47 per quarter. ConocoPhillips hiked its dividend a…
It’s been a while since we have seen any serious changes to the Dow Jones industrial Averages components, with 2004 being the last change and 1999 before that. This morning there are…
Chevron Corp. (NYSE: CVX) has posted strong earnings today, although there are some mixed operational numbers that might bring at least some pause for shareholders. Higher oil prices are finally generating higher…
A number of experts say that companies, especially financial services firms, will cut dividends in 2008. CNN Money writes that "dividend cuts or suspensions will continue to pick up among financial services…
These are not the only impact analyst calls today, but these are the top calls that 24/7 Wall St. is focusing on: Akamai Tech (AKAM) started as Sector Perform at CIBC. AXA…
Some on Wall St. are concerned that, as the price of oil reaches closer to $100, Big Oil will not do as well as the rising price of crude would indicate. That…
Wall Street analysts covered a few of the alternative energy names today: SunPower (NASDAQ:SPWR was started as an Outperform rating at RBC Capital Markets; LDK Solar (NYSE:LDK) was downgraded to "Market Perform"…
As today is the 20th anniversary of the 1987 stock market crash, 24/7 Wall St. wanted to go back in time to review how the individual DJIA components held up around the…
Valero Energy Corp. (NYSE:VLO) said that tighter refining margins are going to cause the company to miss earnings expectations. The new range of earnings expectations from the company is $1.30 to $1.40,…