BHP Billiton plans to sell U.S. onshore shale assets the company purchased more than five years ago for about $20 billion. That is nowhere near what the divestment will fetch today.
Markets in Europe were narrowly mixed at 7.15 AM New York time. The FTSE was up .1% to 5,706. BHP Billiton (BHP) was off 3.8% to 1529. HSBC (HBC) was up 1.9% to 773. The DAXX was up a fraction at...
On tonight’s MAD MONEY on CNBC, Jim Cramer reviewed a stock that offers both protection and upside: Barrick Gold (NYSE:ABX) has the most upside according to Cramer in gold stocks.  The...
The low price of oil has begun to cripple big oil nearly as much as smaller shale producers. BHP Billiton has written down its assets in several areas in the United States.
Although BHP Billiton is far from its 10-year high above $100, Argus sees this company growing roughly another 25% from its current level.
It was probably only a matter of time before China’s state-owned chemical company Sinochem walked away from trying to raise enough money to make an offer for Potash Corp. of Saskatchewan Ltd....
Markets were higher in Europe at 7.20 AM. The FTSE rose 1.2% to 5,776. Barclays (BCS) was up 4% to 446.5. BHP Billion (BHP) was up 3% to 1527. The DAXX was up 1.3% to 6,833. BMW was up 3.1% to 35.27....
Uranium Resources, Inc. (NASDAQ: URRE) announced this morning that it entered into a private placement based on the closing prices yesterday after the close.  While it does not imply that BHP...
Markets in Europe were higher at 6.25 AM New York time. The FTSE rose 1.3% to 5,937. BHP Billiton (BHP) rose 4% to 1441. Vodafone (VOD) rose 4% to 178. The DAXX moved up 1.6% to 6,928. BMW rose 4.2%...
What is the easiest way to drive down a price without stopping orders?  Telling suppliers that you may have to cut orders in the months ahead.  There are many things that affect the price of oil...
Markets in Europe were up modestly at 7.10 AM. The FTSE rose 1.4% to 5,982. BT (BT) was up 2% to 280.75. BHP Billiton (BHP) rose 1.9% to 1375. The DAXX was up a fraction to 7,416. Infineon was up...
The FT reports that contracts between some large coal producers and steel and power companies show coal prices falling by as much as 60% Australia’s BHP Billiton Ltd. (NYSE:BHP) and Japan’s...
London-based Rio Tinto (NYSE:RTP) reported earnings for the first six months of 2008, and the numbers were very impressive. Net earnings reached $6.9 billion, up 113% from the first half of 2007. The...
On today’s STOP TRADING segment on CNBC, Jim Cramer said you need to lay back and look at the smaller sub-$5 Billion stocks in the metals sector since it looks like the huge mergers in thr...