Time for Valero to Rethink its Dividend Strategy (VLO)
Valero Energy Corp. (NYSE: VLO) has just recently announced its routine $0.05 dividend per common share per quarter. This $0.20 comes to a yield of only about 0.7% for investors. Oil investors…
Valero Energy Corp. (NYSE: VLO) has just recently announced its routine $0.05 dividend per common share per quarter. This $0.20 comes to a yield of only about 0.7% for investors. Oil investors…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AGCO Corporation (NASDAQ: AGCO) Maintained Outperform as Bull of the Day at Zacks.…
With pump prices for gasoline approaching $4/gal everywhere and $5/gal in some US cities, it would seem logical that crude oil refiners are a good bet to do well. It’s not that…
Next week is going to get off to a slow start because of the post-Easter blues after a three-day weekend. We have pulled eleven earnings which we think traders will hone in on…
Tesoro Corporation (NYSE: TSO) is set to have its Initial Public Offering this week for its Tesoro Logistics LP (NYSE: TLLP). Tesoro is looking to move to a more of a pure-play…
Today’s round-up of alternative energy news includes a new IPO filing from a well-known entrepreneur, some developments in batteries, and another federal loan guarantee for a large solar PV project. Biofuel maker…
Today’s alternative energy watch looks at a new effort to increase domestic use of ethanol and a report from the UK on the efficiency of wind generation. A bill called the “Biofuels…
Time for our daily look at the world of commodity prices and key developments. The US Energy Information Administration announced today that crude oil stocks in the US grew by 2 million…
It is time for our daily review of the alternative energy sector. Tucson Electric Power (TEP) has revealed a plan to lease space on the roofs of public buildings in the city as…
It’s time for the 3:00 PM “Alternative Energy Daily” for developments in solar and wind power, alternative fuels, and other news related to the sector. As with so much in the past week, alternative…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Boyd Gaming Corp. (NYSE: BYD) Reiterated Outperform at Credit Suisse. The…
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…
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,…
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. ADTRAN Inc. (NASDAQ: ADTN) Raised to Buy at BofA/ML. Aetna Inc. (NYSE:…