M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began to make…
Big oil is about to get even larger. Exxon Mobil Corporation (NYSE: XOM) and XTO Energy Inc. (NYSE: XTO) announced an all-stock merger transaction valued at $41 billion. This merger, or acquisition,…
Douglas A. McIntyre These are Monday’s top ten analyst upgrades, downgrades, and initiations seen in Wall Street research calls: AOL Inc. (NYSE: AOL) Started as Underperform at Credit Suisse. ARM Holdings (NASDAQ: ARMH) Started as…
Reuters: The pressure is on big oil companies such as Exxon (NYSE:XOM) and BP (NYSE:BP) to find inexpensive oil reserves in Iraq. Reuters: Moody’s (NYSE:MCO) sees no threat to the US debt…
Reuters: China remains a top investment place for US firms. Reuters: Suzuki sold a stake to VW. Reuters: The Administration will extend TARP until next October. Reuters: The Congressional Oversight Committee said…
There has been a heated argument for the last several years about when the world will start to run out of oil. The rate of oil production, after more than a century…
We recently discussed the changes that have taken place inside Berkshire Hathaway Inc. (NYSE: BRK-A) as Warren Buffett has gone higher up the food chain. In his more focused and more opaque…
This was an important week for investment guru and billionaire watchers to see which gurus were holding which stocks. The full public equity holdings of Warren Buffett via Berkshire Hathaway Inc. (NYSE:…
These are this morning’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Devon Energy (NYSE: DVN) Raised to Outperform at Wells Fargo. Exxon Mobil Corp. (NYSE: XOM)…
Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has shown its Q3-2009 holdings as of September 30, 2009. We had already seen how his securities holdings were up on the books in the holdings with…
The Federal Reserve and most economists believe that keeping US interest rates at near zero has been critical to the recovery of the American economy. Even with rates at historically low levels,…
Douglas A. McIntyre The weak dollar has definitely been a contributor to the rise in the price of gold. And it is also partly responsible for some of the oil gains that took prices back…
Reuters: China is the key stop on Obama’s tour of Asia. Reuters: South Korea’s businesses may start to feel more pressure from China competitors.. Reuters: Hewlett-Packard (NYSE:HPQ) bought 3Com (NYSE:COM) for $3.1…
Oil and gas companies have closed or winding down many US Gulf operations ahead of a very late in the year Hurricane Ida. The weekend reports had this one dissipating then the…
Reuters: The Wall St. insider trading probe lead to another 14 arrests. Reuters: Fannie Mae (NYSE:FNM) lost $19 billion and asked Treasury for money. Reuters: GM is readying its plans for Opel…