PetroChina (PTR) will raise $8.9 billion in the world’s biggest share sale this year to expand refineries and increase output at oilfields. According to Bloomberg, PetroChina will sell 4 billion shares at…
Douglas A. McIntyre ExxonMobil (NYSE:XOM) is set to report its third quarter earnings next week pre-market on November 1, 2007. What is curious to 24/7 Wall St. is whether or not the biggest integrated oil…
The New York Times was good enough to run a list of the world’s 20 most valuable companies ranked by market cap in 1989, 1999, and 2007. Japan owned the list in…
As today is the 20th anniversary of the 1987 stock market crash, 24/7 Wall St. wanted to go back in time to review how the individual DJIA components held up around the…
Oil crossed the $85.00 threshold today and then crossed the $86.00-mark. On last look, black gold was trading at $86.04 per barrel, up $2.35 from Friday. The reason is tied to Iraq,…
The news should cause some concerns or perhaps weeping among US investors who see big US companies as the pride of the global corporate fleet. PetroChina (PTR), China’s big oil company, passed…
The markets in China have gotten so out of hand that companies doing IPOs are upset it they do not get a 100% return on the first day out. The Shanghai Composite…
As quarters come to an end, with today being the quarter end, we usually like to review the top hi-flyers, usually in tech or energy of late, but we like to look…
Goldman Sachs this morning made some significant "Super-Spike" era calls where it said oil could reach $135 per barrel and noted up to $4.50 per gallon of gasoline at the pump for…
Today was a landmark in oil: $80.00 per barrel was hit briefly. If you were hoping that the OPEC raised production targets yesterday was going to be a huge help, guess again. …
On tonight’s MAD MONEY, Jim Cramer went over Defensive Stocks that will be immune to FED rate cut dependence. Cramer already gave his fantasy football draft list for the defensive linemen, but…
The DJIA is down more than another 150 points today, although it had been down 200 in pre-market activity before the Fed added liquidity this morning. We have been down actually less…
Chevron Corp. (NYSE:CVX) is set to report earnings on Friday morning. First Call notes that $2.30 EPS is expected on revenues of $50.3 Billion. The company posted EPS of $1.86 last quarter…
Baker Hughes Int’l (NYSE:BHI) is set to report earnings on Friday morning. After a major meltdown like today and after the first time in recent trading where Exxon Mobil (NYSE:XOM) actually missed…
(AAPL) Apple traded down initially, but shares are up 7% pre-market after earnings and maintaining 2008 iPhone sales.(AKAM) Akamai Tech $0.30 EPS vs $0.30 estimate; shares down over 10% pre-market on guidance…
