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:…
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Buy at Stern Agee.…
Yesterday came more news in the solar sector regarding a loan guarantee for another giant solar project. NRG Energy, Inc. (NYSE: NRG) announced this week that its 290-megawatt Agua Caliente solar project…
These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms. Akamai Technologies Inc. (NASDAQ: AKAM) Started as Neutral at Collins Stewart. Danaher…
The Department of Energy is out with its weekly inventories data. There appears to be some seasonality and weather issues, and it will be interesting to see these figures next week when…
The oil refining business was a tough business for much of 2010 and 2009. Now that some of the stocks have recovered, there is a move happening which could be used to…
In the international diplomatic game of tit-for-tat, the Chinese ministry of commerce has said it will begin an investigation into US dumping of livestock feed on China’s farm market. Earlier this month,…
Tucked neatly away in the recently passed tax bill was a renewal of the $0.45/gallon subsidy for corn ethanol. The subsidy renewal also includes a continuation of the $0.54/gallon tariff on imported…
The Department of Energy has just released what may seem like a shocking drop in its weekly report on oil inventories. This morning’s data has a potential impact on the key ETFs…
The tax bill negotiated between President Obama and Republican legislators reportedly contains an extension to the various government supports for ethanol producers. The Renewable Fuels Association has said that the extension is…
We are continuing to see a mixed picture in oil and byproduct inventory levels in the United States. Some is seasonal, and some may be due to outside demand issues. This morning’s…
Farm products giant Archer Daniels Midland Co. (NYSE: ADM) posted EPS of $0.54 on revenue of $16.8 billion. Analysts were expecting EPS of $0.75 on revenue of $15.66 billion, so the company’s…
Valero Energy Corp. (NYSE:VLO) is the first of the oil refiners to report earnings this quarter, and this morning’s release is a lot better than a year ago, when diluted EPS soured…
The US Environmental Protection Agency has released its expected increase in the ethanol “blend wall” from 10% (E10) to 15% (E15) for light vehicles built in model year 2007 and later. The…
