Stock futures edge up as M&A tempers Egypt worry
U.S. stock index futures edged higher on Monday as merger activity and expectations for solid earnings overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East.
Stocks fall as violent protests in Egypt continue
Earnings reports and acquisition announcements took a back seat to the violent unrest in Egypt today, as U.S. stocks fall.
Dow, S&P 500 rising; Nasdaq lower
Dow and S&P continue to be fueled by General Electric, Exxon Mobil; but Nasdaq slips
Risks for Nigerian oil go beyond elections
Clashes between political gangs rather than attacks on oil facilities are the greatest threat to Nigeria's Niger Delta ahead of April elections and the long-term security of its oil output depends on much more than who wins.
Ghana sells its first crude oil exports to Exxon
Ghana, the latest entrant to the club of African oil producers, has sold its first crude oil exports to Exxon Mobil Corp., oil trading sources said on Wednesday.
Is the Worst Over For BP?
BP Plc, which is tormented by the Gulf of Mexico oil spill, has witnessed a positive development last week when Presidential Commission did not find BP solely responsible for the oil spill.
Why doesn’t Apple pay a dividend?
Given how Apple shares have sailed into the stratosphere, supported by wildly successful product launches (thereby making lots of happy investors); the company is unlikely to hand out dividends for the foreseeable future.
Apple CEO Jobs Gets $1 Annual Salary
Apple Inc.'s CEO Steve Jobs has received a salary of $1 per year since rejoining the company in 1997, a regulatory filing showed.
Could Apple become the world’s first $1-trillion company?
Apple Inc. (Nasdaq: AAPL) could become the world’s first company with a $1-trillion market cap, according to James Altucher, managing partner at hedge fund Formula Capital.
US stocks open lower despite upbeat jobs data
U.S. stocks declined in early trade on Wednesday despite upbeat private sector employment report from ADP as commodities and natural resources stocks were hurt by strong dollar.
Can US drill its way to low gasoline prices?
Former Shell Oil CEO John Hofmeister's prediction a fortnight ago that retail gasoline prices would hit $5 per gallon by 2015 has gone viral since then, drawing attention largely on the U.S. drilling policies but also spooking consumers and polarizing analysts in the process.
Apple's market cap surpasses $300 billion
With a pop in its share price on the first trading day of 2011, Apple Inc. (AAPL) has now surpassed the $300-billion level in terms of market cap.
Barclays starts Imperial Oil with 'overweight' rating
Barclays Capital initiated coverage of Imperial Oil with an overweight rating and a price target of C$46 per share, saying that the company's oil sands play has been undervalued by investors.
AGL, Nicor Merger Creates $8.6 Bln Natural Gas Firm
Energy services company AGL Resources Inc. announced an agreement to acquire rival Nicor Inc. for about $2.4 billion in cash and stock, creating a leading natural gas distributor in the U.S.
US stocks rally on strong economic data
U.S. stocks rallied in early trade on Wednesday as strong data on private payrolls, and better-than-expected manufacturing reports from China and Europe buoyed sentiment.
US stocks plunge on eurozone concerns
US stocks declined in early trade on Monday as the European Union’s 85 billion euro ($113 billion) financial assistance package for Ireland failed to boost investor sentiment.