This is the Twitter-24/7 Wall St. market report for November 11, 2010. These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Everyone’s heard about peak oil, that elusive point when production of oil begins its inevitable and irreversible decline. The problem with defining that elusive point comes from a few things. First, because more than…
DCP Midstream Partners, LP (NYSE: DPM) has priced its public secondary offering of 2,500,000 common units at $34.96 per common unit for gross proceeds of close to $87 million. The partnership listed the use…
Enbridge Energy Partners, L.P. (NYSE: EEP) has priced its pending public secondary offering of 5.2 million Common Units. The deal priced at $60.12 per unit, raising more than $300 million in the offering. The…
Oil supermajor Chevron Corp. (NYSE:CVX) has announced that it will acquire Atlas Energy Inc. (NASDAQ:ATLS) for $3.2 billion in cash and will take on an additional $1.1 billion in existing debt owed by Atlas,…
Most of us want to know if we’re going to be paying more for a tank of gasoline next week, not how much we’ll be paying in 2035. That kind of thinking is left…
Ton Hayward, disgraced former CEO of BP plc (NYSE: BP), defended the day he spent yachting which was at the peak of the disaster’s effects. In an interview with the BBC, he said “I hadn’t…
Gasoline prices have hit $2.865 for a gallon of regular, according to the Energy Information Administration. That is up nearly 6 cents in a week and 20% from a year ago. The EIA also expects a…
Is it ‘prime’ water or ‘cousin’ water? Either way, so far it is hot water. Primo Water Corporation (NASDAQ: PRMW) priced an initial public offering of 8,333,333 shares of common stock at a price…
Oil moved up to $84.69 on a path that may well take it above $90. US stockpiles were down 4.1 million barrels according to the American Petroleum Institute. OPEC has said that $90 oil…
Less than a quarter after capping its Deepwater Horizon well leak in the Gulf, BP plc (NYSE: BP) made a profit. The UK company said a strong operating performance helped it return to profit…
JinkoSolar Holding Co., Ltd. (NYSE: JKS) has reported an earnings blowout. The Chinese solar wafer producer reported earnings of $1.75 EPS as revenue grew more than 200% to $215 million; Thomson Reuters estimates were…
Developing a renewable energy project depends at least equally on government backing as much as anything else. Government-guaranteed loans, tax incentives, regulations, and direct subsidies are all usually required in order to turn over…
First Solar, Inc. (NASDAQ: FSLR) looked like a decent report, but there is a sell-the-news reaction taking place in the after-hours trading session. The solar giant posted 16% higher earnings of $2.04 EPS versus…
In March 2008, an analyst at Goldman Sachs predicted that the price of crude would see a “super spike” all the way to $200 per barrel. At the time, a barrel of crude cost…