Another week, another North African country on fire. As you would expect, many large American and European companies do business in these nations. Libya has followed turmoil in Egypt and Bahrain and…
These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. AMR Corp. (NYSE: AMR) Cut to Hold at Argus. CVS Caremark Corporation…
Shares in Exxon Mobil Corp. (NYSE: XOM) posted a new 52-week high of $76.62 yesterday, up about 11% in the past year. That’s not bad growth for the largest company in the…
French oil major Total SA (NYSE: TOT) and Canada’s Suncor Energy Inc. (NYSE: SU) have agreed to form an alliance that combines the two companies’ interests in a number of projects in…
One fairly short press release from Occidental Petroleum Corp. (NYSE: OXY) announces some big changes to the company’s asset base. Oxy has agreed to sell its oil and gas operations in Argentina…
There have been plenty of stories in the past few weeks about the $2 trillion in cash that US corporations are sitting on. The money is not being invested in hiring or…
The Morningstar Ultimate Stock-Pickers Team is featured in an article by Greggory Warren today has many top buys and sells that should be of interest to value investors. This stock picker team…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research calls: Altera Corp. (NASDAQ: ALTR) Maintained Neutral and $32 target at Gleacher. Arkansas…
Reuters: BP plc (NYSE: BP) will try to “kill” its well leak by today. Reuters: The Fed may buy new mortgage bonds to help the credit system Reuters: The US said the…
Larry Ellison, founder and CEO of Oracle (NASDAQ: ORCL) probably deserves a huge pay package as much as anyone else. His company has become wildly successful and has been a steady producer…
The official retirement age for executives at many large U.S. corporations has been 65 for several decades – unless the executive also happens to be the founder. Forty years ago, 65 was…
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more than 5,000…
Ecuador is a relatively unknown member of OPEC, due mostly to its up and down relationship with the cartel. Ecuador first joined OPEC in 1973, then in 1992 suspended its membership for…
If you can’t take the heat, get out of the kitchen. That is what Citigroup, Inc. (NYSE: C) has done over its Phibro commodities trading unit. Occidental Petroleum Corporation (NYSE: OXY) has…
This morning we got to see the new equity holdings of T. Boone Pickens, via his BP Capital Management, L.P., as of March 31, 2009. Some of the higher stakes look to…
