AT&T (T) raised its dividend today and upped its share buy-back. The company’s stock is up almost 9% on the news, the most in five years, according to Bloomberg. It looks like…
Oil is not at $200. It trades just below $100, and there are some reasons it could drop. The economies in the US and Europe are probably slowing, which should bring down…
Akamai (AKAM) started as Neutral at B of A.Corning (GLW) started as Sector Perform at RBC.Dollar Tree (DLTR) raised to Overweight at Lehman.Exxon Mobil (XOM) raised to Buy at UBS.McAfee (MFE) raised…
Some on Wall St. are concerned that, as the price of oil reaches closer to $100, Big Oil will not do as well as the rising price of crude would indicate. That…
On Jim Cramer’s STOP TRADING segment on CNBC, Jim wanted to talk which oil companies were better than others with oil nearing $100/barrel. The ExxonMobil (NYSE:XOM) quarter wasn’t all that bad and…
Christophe de Margerie, Chief Executive of France’s Total, warned that if crude does continue to rise, upward trends on taxes and production costs could worsen. "Coupled with an increasing reliance on lower-margin…
Douglas A. McIntyre According to Reuters, Chuck Prince stepped down at CEO of Citigroup (C) and the bank indicated it may have to write off as much as another $11 billion. Reuters writes that shares…
This is the crus of the news regarding Global Warming and the public companies that made announcements over the last 36 hours: FPL Group (NYSE:FPL) chairman called the Climate Bill "Well intentioned…
This might not be that unusual for a volatile week during earnings season, but this was a fairly active week for share buyback news announcements. Some are new and some are continuations…
On tonight’s MAD MONEY on CNBC, Jim Cramer said he has no cure for the financials, mortgage insurers, and banks right now. But Cramer’s call in oils for exploration and production is…
ExxonMobil (NYSE:XOM) did actually come in light on earnings as 24/7 Wall St. had worried that the chart was indicating. The world’s largest oil company did post EPS at $1.70, slightly under…
Integrated oil giant ExxonMobil (NYSE:XOM) is set to report earnings on Thursday morning, and it is still a wonder as to why shares are lagging behind the market when oil traded up…
Wednesday is much more than Halloween and it is more than the FOMC announcement date. We have an event that has been perhaps more influential to many key stocks than the upcoming…
Goldman Sachs may not be reversing its entire bullish stance on oil after oil traded over $93.00 per barrel on Monday, but it is recommending some old fashioned profit taking. Goldman Sachs…
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