Media Digest (4/26/2012) Reuters, WSJ, FT, Bloomberg
Markets are lifted by Fed comments that the economy is recovering and that it will keep rates low. (Reuters) Chrysler posts its best earnings since being partially taken over by Fiat. (Reuters)…
Markets are lifted by Fed comments that the economy is recovering and that it will keep rates low. (Reuters) Chrysler posts its best earnings since being partially taken over by Fiat. (Reuters)…
courtesy of Chevron Corp.When we saw that Exxon Mobil Corporation announced a 21% hike to its dividend this morning, we figured it would still be a ways out before Chevron Corporation (NYSE:…
coutesy of Exxon Mobile Corp.Exxon Mobil Corporation (NYSE: XOM) is confirming exactly what an earlier report predicted earlier this week. Dow Jones had a report that the DJIA components would raise their…
Dividends have continued to rise. Better yet, they are expected to keep rising for the rest of the year. A study from Dow Jones Indexes showed a rise of almost 2.2% so…
Earth Day is April 22, 2012, which is this Sunday. Many Americans and many people elsewhere will be thinking about how they can be more green. Sadly, there are going to be…
The government of Iraq will prohibit Exxon Mobil Corp. (NYSE: XOM) from participating in the May auction of new leases because the US company last year signed six leases for exploration in…
Exxon Mobil Corp. (NYSE: XOM) and Russia’s state-controlled oil company Rosneft have revealed some details of a recent deal the two signed which could result in a total investment of $500 billion.…
Exxon Mobil (NYSE: XOM), America’s largest oil company, and Rosneft, the Russian state owned oil company, are set to announced an alliance. Rosneft will have access to some of Exxon’s projects near the Arctic…
Oil demand is being revised lower in a new forecast by the Energy Information Administration. The reality is that the demand erosion is modest at a mere 70,000 barrels per day in…
Apple Inc. (NASDAQ: AAPL) did something more important than just hitting a new 52-week high today. It did something more important than hitting an all-time high today. For a brief period Apple’s…
Last week, we noted how a deal was in the works that could bring about a start to natural gas production from Alaska’s North Slope. Leases in the Ft. Thompson area were…
Apple Inc. (NASDAQ: AAPL) has one more bit of evidence that it is acting as if it was its own stock index. Its exceptional share performance is worth a substantial portion of…
In a “we versus them” speech today, President Obama again called for the end of subsidies for oil and gas companies. His speech talked about the global opportunities that the big oil…
Europe moved closer to raising the value of all of its bailout funds to a total of $1.3 trillion. Many economists believe that sum will calm the global capital markets. Worry remains that…
Exxon Mobil (NYSE: XOM) is no longer the world’s largest corporate producer of oil. That distinction has gone to PetroChina (NYSE: PTR). Reuters reports that “PetroChina announced Thursday that it pumped 2.4…