The Fortune 500, which has become one of the most useless exercises in business journalism, has been released again. It covers company financials for the year 2008. In this annual edition, Exxon Mobil…
According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US…
These are some of the analyst calls we have seen up and down in the oil patch this Tuesday morning: Mariner Energy (ME) Started as Buy at Jefferies. BP (BP) Cut to…
There has been a never-ending battle between rapidly changing energy prices and the effect on margins at refineries. Since the beginning of the year, the best-performing crude oil refiner has been Western…
Exxon Mobil Corporation (NYSE:XOM) has reportedly received approval from the Russian government for its proposed budget for the Sakhalin-I project. Exxon owns 30% of the joint venture that is developing the oil…
Douglas A. McIntyre According to The Wall Street Journal, large US companies held their R&D spending steady in the fourth quarter of last year even though in most cases their revenue fell. According to the…
At 842, the S&P is pushing near a 25% gains since it bottomed for the year-to-date at 677 on March 9th. The bank stocks continue an extraordinary run over that period. Citigroup…
“Green is green as in the color of money” – Brand director of General Electric, Brandweek, July 26, 2006 “Greenwashing” is the act of misleading the public regarding the environmental practices of…
Back in January a federal three-judge panel ruled that Anadarko Petroleum Corporation (NYSE:APC) was entitled to royalty relief on production from certain Gulf of Mexico leases, even though the government had made…
A large part of the money that was made by banks and investment banks from 2004 through most of 2007 was made from mergers and acquisitions. When the credit markets fell apart,…
Now that final numbers from 2008 have been filed for most large US companies, 24/7 Wall St. is picking several stocks that are likely to double off of their lows, almost all…
These are the top analyst calls we have seen in the oil patch and in the energy sector this Monday morning: Apache (NYSE: APA) Raised to Outperform at Credit Suisse. Denbury Resources…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows. The time frame is by the end of 2010, which is…
According to Reuters, Japanese gloom deepened and the government encouraged more coordination with the US. Reuters reports that AIG (AIG) got billions of dollars from the government that it paid out to…
According to Reuters, Obama will start work on getting his healthcare plan passed. Reuters reports that February joblessness is estimated to rise 648,000 for February. Reuters reports that the pick for the…