With West Texas Intermediate Crude challenging $105 per barrel now, it is time to start assessing the threat of $4.00 per gallon in gasoline. The summer driving season is usually a threat…
At the end of December, Brent crude spot prices were around $107/barrel and WTI spot prices were around $99/barrel. Since then, Brent has risen to right around $121/barrel today and WTI is…
Car companies make most of their money on SUVs and crossover vehicles? What happens to those sales after gasoline rises and rises? It has been hard for many Americans to understand why…
Berkshire Hathaway’s latest stock holdings were released after the close of trading and the Oracle of Omaha’s portfolio managers made a couple of changes. The two new positions were in Da Vita…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) and Warren Buffett have just released the latest holdings of U.S.-listed equities as of December 30, 2011. These public stock holdings have been broken down into…
The spokesman for the Iraqi energy ministry has said the Exxon Mobil Corp. (NYSE: XOM) will be excluded from the next round of bidding for licenses to produce the country’s oil &…
Occidental Petroleum Corporation (NYSE: OXY) has just raised its dividend to be a bit more competitive against Exxon Mobil Corporation (NYSE: XOM) with a 2.2% yield and against Chevron Corporation (NYSE: CVX)…
Yet another all-time high for shares of Apple Inc. (NASDAQ: AAPL). Whether it is iPhone, Mac, iPad, or the chatter of the coming AppleTV… The run here has been amazing when you…
Royal Dutch Shell PLC (NYSE: RDS-A; RDS-B) reported quarterly earnings early this morning and like counterparts Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) piles of profit are due almost…
The three major US stock indexes opened higher this morning, following on a positive debt sale by Portugal and some improvement in PMI numbers from Europe. ADP employment data did not meet…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Amazon.com Inc. (NASDAQ: AMZN) Maintained Neutral but cut target…
Exxon Mobil Corporation (NYSE: XOM) rarely gets analyst upgrades and downgrades outside of a major move in the underlying oil trends but that is not the case today. Argus has downgraded Exxon…
Jon C. Ogg The United Steelworkers Union has reached a tentative agreement with US refiners that will avoid a strike that could have begun at 12:01 a.m. this morning. Royal Dutch Shell plc (NYSE: RDS-A)…
All three major indexes opened higher this morning, but the strength didn’t last as the Chicago PMI number failed to meet expectations and came in lower even than last month’s reading. The…
coutesy of Exxon Mobile Corp.Exxon Mobil Corporation (NYSE: XOM) is out with earnings. Big Oil’s fourth quarter showed net earnings gain of about 2% to $9.4 billion, or $1.97 EPS. Thomson Reuters…
Jon C. Ogg 