At President Obama’s news conference yesterday, he admitted that he and his administration’s response to the blow-out of the BP plc (NYSE:BP) Macondo well in the Gulf was wrong. At the same…
Warren Buffett does not have the same time frame as most investors. How many of you buy with a “forever” outlook? Buffett says he likes that term, short of whether he sees…
A new forecast from Bank of America Merrill Lynch is lowering the expected 2010 target oil demand growth from 2 million b/d to 1.5 million b/d. The bank also cut its crude…
Apple Inc. (NASDAQ: AAPL) is trading up better than the broad market’s current losses and far better than the nominal gains seen at NASDAQ today. The reason is an aggressive analyst call…
These are some of the top analyst upgrades, downgrades, and initiations seen early this Monday morning in Wall Street research calls: Ace Ltd. (NYSE: ACE) Raised to Conviction Buy List at Goldman…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management…
Since 2002, Greenland has issued 13 licenses to explore its onshore and offshore areas for oil and gas. Among the licensees are Exxon Mobil Corp. (NYSE: XOM), Chevron Corp. (NYSE: CVX), Encana…
Berkshire Hathaway Inc. (NYSE: BRK-B, BRK-A) has now shown its latest holdings as of the close on March December 31, 2010. These are Warren Buffett’s most recent holdings, even though some may…
The Australian government's proposed 40% super profits tax has caused a considerable uproar among mining companies operating in that country. BHP Billiton has said it would use all its influence to defeat…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength…
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more than 5,000…
These are 24/7 Wall St.’s Corporate Power Rankings for Week 17.
Executives at Devon Energy Corp. (NYSE:DVN) are probably congratulating themselves on their foresight this week. The company has spent the last year divesting itself of virtually all its assets in the Gulf…
It may seem impossible to believe, particularly after two days of a bad broad tape, but investors and traders alike are treating BP plc (NYSE: BP) as if the worst of the…
The crude oil leak caused by the explosion and sinking of BP plc’s (NYSE:BP) Deepwater Horizon semi-submersible rig continues to pump about 5,000 b/d into the waters of the Gulf of Mexico.…
