OPEC Set To Keep Oil Output Flat
It now appears that OPEC will not lower production despite the entreaties from the US and other big oil consuming countries. OPEC ministers said that rising prices had little to do with supply. They…
It now appears that OPEC will not lower production despite the entreaties from the US and other big oil consuming countries. OPEC ministers said that rising prices had little to do with supply. They…
Applied Materials (NASDAQ: AMAT) saw a major run on Tuesday. Despite a warning out of Intel the night before, the company is diversifying out of chip cap-ex and equipment dominance into a strategy of…
Lazard Capital Markets’ Sanjay Shrestha has come out defending FuelCell Energy (NASDAQ: FCEL) ahead of tomorrow’s earnings report. The firm expects another strong quarter from the company. It also notes a an attractive risk/reward…
Tonight on CNBC’s MAD MONEY, Jim Cramer came out with some huge commodity price calls all around "Sweet 16" and "March Madness." His picks all revolve around "$16" for commodity price handles. He already…
Canadian Solar (NASDAQ: CSIQ) issued and sold $75 million in 6.0% Convertible Senior Notes due 2017 in a private placement on December 10, 2007, and in a filing today investors were given the right…
The price of crude came very close to $104. According to the AP "That’s higher than the price of $103.76 that many analysts believe oil hit in 1980, when adjusted for inflation into 2008…
On Wednesday we’ll get to see earnings out of Fuel-Tech, Inc. (NASDAQ: FTEK). The estimates for the combustion engineering solutions provider (cleaner coal) from First Call are $0.17 EPS and $28.04 million in revenues. …
PDVSA, the state-owned oil company of crack-pot Hugo Chavez’s Venezuelan government, claims that Exxon’s (NYSE:XOM) seizer of $12 billion in assets is based on "fantasy". Lawyers for PDVSA said that the claim "that PDVSA…
Oil moved over $103. The excuse this time was that "Ecuador’s state-run oil company, Petroecuador, suspended operations at a key export pipeline after a landslide damaged infrastructure," according to MarketWatch. That has nothing to…
BP plc (NYSE: BP) announced that it has moved into full construction of Phase One of the Sherbino Wind Farm, a 150 megawatt renewable wind energy project that is roughly 30 miles east of…
CVR Partners, LP has filed to come public via an initial public offering, and it will have the proposed ticker of "CVE" on the NYSE. The prospectus calls for a sale of 5.25 million…
Maybe not all companies want to try the "high price stock" game. Tonight, Suncor Energy Inc. (NYSE: SU) announced it would pursue a two-for-one stock split. With a price at $102.84 it isn’t too…
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) reported that its secondary offering of additional common units has been raised to a value of approximately $282 million due to a 15% increase in the number…
Most economists believe that raising taxes on gasoline reduces consumption. Some favor raising rates higher as a way to drop prices by curtailing demand. That might work if no one in China ever used…
Banc of America has made several downgrades this morning in the solar power sector stocks. These might not be all of the downgrades and calls but these were the key ones we saw: JA…