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 The United Steel Workers union could authorize a strike against US refineries that produce about one-third of the country’s daily refined products demand of 19 million barrels. The strike deadline is midnight…
Tuesday is going to be full of major earnings reports, two of which are DJIA components. These are not the only major earnings, but ten we will be watching closely are as…
US oil & gas giant Exxon Mobil Corp. (NYSE: XOM) has agreed to sell 99% of its Japanese refining subsidiary to Japanese refiner TonenGeneral Sekiyu for $3.9 billion. The sale also includes…
EU leaders agree to create the European Stability Mechanism, which will have funds of 500 billion euro and begin its business in July. (Reuters) EU leaders probably will create a 20 billion…
Chevron Corporation (NYSE: CVX) is out with earnings. Regardless of the rhetoric, endless earnings growth is not just assured. The earnings of $5.1 billion sounds massive, but that is down from about $5.3…
It is very well known that just about every single analyst out there loves Apple Inc. (NASDAQ: AAPL). After it is all said and done, what is not to like? The company has moved…
Iran may take the matter of oil exports into its own hands. It has signaled that it will stop shipping crude before sanctions by the European Union and U.S. are in place.…
Apple’s (NASDAQ: AAPL) extraordinary earnings and the size of its iPhone sales helped move its market cap well above $400 billion. The press constantly reminds readers that this is greater than any…
Yesterday’s release of a new study by the US Energy Information Administration (EIA) on the impact of natural gas exports on domestic gas prices is just beginning to have its own impact…
