The Biden administration on Wednesday canceled remaining leases to drill for oil and gas in the Alaska National Petroleum Reserve. The move comes just six months after approving a new drilling...
Our own Jon Ogg made another guest appearance today on CNBC.  Today’s discussion was with CNBC’s Bill Griffeth and the other interviewee was Maggie Gilliam of Gilliam & Co. (her website link...
A natural gas leak discovered last Sunday at the Elgin field in the North Sea could cost France’s Total SA (NYSE: TOT) billions of dollars in costs to plug the well and clean up the mess it will...
Housing prices, it would seem, may have peaked. The September Case-Shiller data showed home prices have surpassed their pre-recession bubble prices. However, most of the data about home prices share...
We compiled a summary of the key brokers reporting this week, and here you can see a full detailed preview that we offered on Friday for the whole sector with more detailed data: Lehman Brothers...
Telecommunications providers are among the most visible companies in the US today, likely because essentially everyone has either a landline phone or a cell phone or, more usually, at least one of...
Oil supermajor BP plc (NYSE: BP) has sold its southern gas assets in the North Sea to the UK’s Perenco UK Ltd for $400 million in cash. The sale is part of the company’s strategy to sell $38...
The Conference Board has just released its data on Leading Economic Indicators for August, and the gain here is actually a drop when compared to recent months.  LEI in the U.S. rose by +0.6% in...
This morning’s report from the Conference Board showed that the index of leading economic indicators in the United States rose in November by what appears to be the most in eight months and marks...
Leap Wireless International, Inc. (NASDAQ:LEAP) is set to report earnings after the close today.  First Call is looking for $0.04 EPS on revenues of $408 million.  Please be advised that...
Leap Wireless International Inc. (NASDAQ: LEAP) has a proposed $400 million offering of senior notes broken up int two groups of $200 million each this morning.  Both tranches are unregistered...
Source: ThinkstockThe Conference Board is out with its Leading Economic Index for the month of March. So far this morning we already have seen a weak report on weekly jobless claims from the Labor...
After essentially a near-decade of rumors, bids, rejections, and infighting, BEA Systems (NASDAQ: BEAS) is finally being acquired.  The company has capitulated and Larry Ellison’s empire...
BEA Systems (BEAS) has a firm $17 a share offer from Oracle (ORCL). The company thinks it could get more, and, so did the market. The stock moved above $18 on news of the offer. BEA has Carl Icahn...
BEA Systems Inc. (NASDAQ:BEAS) is already trading north of the $17.00 cash buyout offer from Oracle (NASDAQ:ORCL).  Almost 30 million shares have already traded hands, and there is more than 30...