9:05am ET
Investing
American Stocks Dominate Global Equities
More American companies are among the 20 largest in the world than at any time in the past decade. This is because earnings at U.S. companies have risen faster than the rest…
XOM Coverage Page 155
3:18pm ET
Investing
Gulf Oil Production About 80% Shut-In Due to TS/Hurricane Isaac
The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team reported earlier that some 78% of crude oil and 48.3% of the natural gas production has been shut-in by Tropical Storm…
12:09pm ET
Energy
Some Chemicals Makers Prosper, Some Face Challenges (TPC, CBT, EMN, DOW, DD, LYB, WLK, XOM, CHK, EOG)
The chemicals industry is not ordinarily thought of as action central, but there have been some recent moves, including one today, that are stirring things up. Two private equity firms, First Reserve…
8:24am ET
Energy
Oil and Gas Short Interest Subdued on Rising Oil Prices (BHI, BP, CHK, CVX, COP, EPD, XOM, KMI, NOV, PSX, SLB, RIG, VLO)
With the exception of Chesapeake, which is seen as primarily a natural gas company with lots of problems, the oil and gas firms are not heavily shorted. Nobody really thinks the price…
4:04pm ET
Investing
24/7 Wall St. Closing Bell — August 23, 2012: Markets Lose Ground on Weak Data (XOM, NOC, SWY, CS, WFM, HPQ, KKD, FLWS, BIG, HRL, JKS, ADSK, BEBE, CRM, SCVL, SOL, MSG, NOK, ROSG, JKS)
The three major US stock indexes opened lower this morning and spent most of the day heading lower still. Economic data was mixed at best today, with the flash PMI number lower…
10:47am ET
Energy
Natural Gas Inventories Rise Sharply (XOM, CHK, EOG, UNG, OIH)
The U.S. Energy Information Administration (EIA) today reported the US natural gas stocks rose by a total of 47 billion cubic feet, higher than the 38 billion cubic feet that analysts were…
8:28am ET
Investing
Top Analyst Upgrades and Downgrades (ADTN, AB, ANH, CRUS, CLWR, CS, XOM, GNC, HAIN, HTS, HPQ, HUM, LLL, NOC, RS, SWY, TXT, TFM, TA, VSI, WFM)
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall Street research calls this Thursday morning. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at Credit Suisse.…
1:47pm ET
Consumer Electronics
Apple the Most Valuable Company — Ever
When shares of Apple Inc. (NASDAQ: AAPL) hit an intra-day high of $664.74 earlier today, the company’s market cap hit $623 billion. That topped the previous record market cap of $618.9 billion…
6:47am ET
Investing
Media Digest (8/20/2012) Reuters, WSJ, NYT, FT, Bloomberg
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
11:01am ET
Energy
Natural Gas Inventories Rise Less Than Expected (XOM, CHK, EOG, UNG, OIH)
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 20 billion cubic feet, lower than the 24 billion cubic feet that analysts were…
10:32am ET
Investing
ETFs About to Surpass Trade in S&P 500
Bloomberg reported this morning that, for the first time, the value of transactions in exchange-traded funds (ETFs) that track the Standard & Poor’s 500 Index is set to surpass the turnover for…
10:55am ET
Energy
Natural Gas Inventories Rise, Price Falls Sharply
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 28 billion cubic feet, higher than the 23 billion cubic feet that analysts were…
8:44am ET
Companies and Brands
GDP Brings No News of Recession
Don’t say that the United States is entering a recession. Not yet at any rate. For a true recession to be present, the gross domestic product (GDP) has to be negative for…
8:11am ET
Investing
Top Analyst Upgrades and Downgrades (AMGN, CAT, CL, DE, DOW, EXPE, XOM, GE, GDOT, LINE, PCS, NAV, RTN, S, SBUX)
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St.research calls this Friday morning. Amgen Inc. (NASDAQ: AMGN) raised to Overweight at Piper Jaffray. Caterpillar Inc.…
10:51am ET
Energy
Natural Gas Inventories Rise, Price Up Slightly
The U.S. Energy Information Administration (EIA) today reported that U.S. natural gas stocks rose by a total of 26 billion cubic feet, in line with analysts expectations. Natural gas futures prices are…