NEW YORK, Nov 3 (Reuters) – Exxon Mobil Corp is
looking to sell half of its 80 percent stake in a deepwater
exploration block offshore Indonesia, according to a
Schlumberger Ltd company that…
But with gold increasing almost 20% in three months, speculators concerned with a correction in prices may want to consider other hard asset commodities as an alternative investment.
As the ETF industry has exploded in recent years, observers have had some very different takes on the pace and nature of the expansion in the product lineup.[More...]
NEW YORK/HOUSTON, Nov 3 (Reuters) – Oil and gas producer
Devon Energy posted better-than-expected quarterly
profit and output, but its smaller rival EOG Resources
disappointed investors by cutting…
BANGALORE (Reuters) – EXCO Resources Inc’s CEO said his $4.36 billion bid for the gas-focused explorer he helms was not contingent upon gas prices but assets, and he did not want a highly leveraged…
BANGALORE, Nov 3 (Reuters) – EXCO Resources Inc’s
CEO said his $4.36 billion bid for the gas-focused explorer he
helms was not contingent upon gas prices but assets, and he did
not want a highly…
SAO PAULO, Nov 3 (Reuters) – Rothschild & Cie Banque has
agreed to pay 500,000 reais to settle an investigation of its
role in Vivendi’s takeover of Brazilian telecom firm GVT,
Brazilian…
Aetna Inc. (NYSE: AET) on Wednesday reported that its third-quarter net income jumped 53%, helped by higher commercial underwriting margin and lower medical costs. Net income climbed to $497.6 million, or $1.19 per share, from $362.2 million, or 73 cen…
The new Congress faces a familiar set of economic problems: a badly broken housing market, persistently high unemployment and runaway government spending.
UBS added to its extensive lineup of MLP products this week with Monday’s (11/1/10) launch of UBS E-TRACS Wells Fargo MLP Index ETN (MLPW). There have been nine exchange-traded products associated with Master Limited Partnerships (MLPs) introdu…
priceline.com Incorporated (PCLN) is scheduled to report Q3-2010 results on Monday, November 8, 2010. In the last four quarters ending June 2010 quarter, the company’s reported EPS exceeded analysts’ consensus estimates by margins in the range of 2.29%…
Stephen M. Simes, President and CEO Discusses LibiGel (testosterone gel) in Phase III and GVAX Pancreas Vaccine in Phase II[More...]
Sugar prices just keep going up.
The granules now sit one cent away from a 30-year high. And sweet-toothed investors have captured over 125% from sugar’s low of 13 cents per pound in May… right when the bears were busy talking about huge supplies….
Shares of Pride International Inc. (NYSE: PDE) jumped more than 9% in pre-market trading after the Wall Street Journal reported that the offshore driller is evaluating strategic options that could include a possible sale of the company after recent mer…
The major indices gapped up significantly to begin Tuesday’s session. The broad market attempted to rally further, but was met with selling pressure at the 2 day high. For the remainder of the day, the major averages consolidated and closed near the hi…