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Basic Materials
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Filed under: Toyota Motor Corp. (TM), Citigroup Inc. (C), Potash Corp. of Saskatchewan (POT), GameStop Corp (GME)Today was mixed on the economic front. Retail sales were actually positive rather than the expected drop of -0.2%. But then University of Michigan's Sentiment reading came out at 72.5, a...
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businessinsider.com
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Mar 12, 2010
about
PG, LANC, KFT and 9 moreAXP, ACF, COP, KO, JNJ, BRK.B, WSC, WMT, WFC
When Warren Buffett talks, people listen. Any time the legendary investor weighs in on market matters, either through his words or through the actions of his investment vehicle, Berkshire Hathaway (BRK.B), knowledgeable investors pay close attention. That's why the release of Berkshire's annual rep...
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straightstocks.com
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Mar 12, 2010
about
KOG
Kodiak Oil and Gas reported a net loss of $2.6 million, or $0.02 per share, in the year ending 12/31/2009. In 2008, the company lost $6.5 million, or $0.62 per share.
Despite the loss, Kodiak Oil and Gas showed improvement on various metrics during 2009. Revenues realized from oil and gas sales im...
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247wallst.com
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Mar 12, 2010
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TRA, CF, POT
How many quarters have we had to hear from fertilizer and potash companies that the earnings results will be disappointing but good news is closer rather than farther away? This has been the trend for about 9 months or so. But now things may finally be changing for the sector. Potash Corp. of Sas...
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A rally in the final hour of trading helped U.S. stocks register slim gains Thursday and pushed the Standard & Poor’s 500 index and NASDAQ to 18-month highs even as latest economic releases from U.S. and China and crippling strikes on Greek streets disappointed investors.
The Dow Jones industri...
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pheedcontent.com
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Mar 12, 2010
about
PFE, POT
Filed under: Before the Bell, International Markets, Pfizer (PFE), Market Matters, Federal Reserve, Potash Corp. of Saskatchewan (POT)U.S. stock futures advanced Friday morning, indicating Wall Street is ready to continue climbing higher as investors await economic data, including reports on retail...
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Earlier this week I made an across the board swap that is worth talking about. I sold China Mobile (CHL) and then replaced it with Partners Communication (PTNR).From the top down this does not change the exposure to equities or to the telecom sector but it does mostly eliminate China and increases I...
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Earlier this week I made an across the board swap that is worth talking about. I sold China Mobile (CHL) and then replaced it with Partners Communication (PTNR).br /br /From the top down this does not change the exposure to equities or to the telecom sector but it does mostly eliminate China and inc...
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pheedcontent.com
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Mar 12, 2010
about
GDP
Filed under: Define Investing, Economic DataAs if the credit crunch recession hasn't been painful enough, some economists have warned at the depth of the recession that the it could tip over into a full-blown depression. So what exactly is a depression, and how could it be any worse than a recession...
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thebigmoney.com
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Mar 12, 2010
about
MON, TM, MRX
Today the LA Times examines the rapid increase in the prices farmers pay for seeds. Spending on seeds grew to $17 billion last year—up an eye-popping 56 percent from 2006. The huge jump has farmers pressing for an investigation, and the departments of Justice and Agriculture are launching a series o...
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zacks.com
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Mar 12, 2010
about
BP, DVN
Devon Energy Corporation (DVN) has agreed to sell its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP PLC (BP) for $7.0 billion. The companies will also enter into a joint venture.
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moneymorning.com
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Mar 12, 2010
about
BP, DVN
British oil giant BP PLC (NYSE: BP) has finally entered Brazil’s vaunted deepwater oil market with a $7 billion purchase of Devon Energy Corporation (NYSE: DVN) assets.
BP yesterday (Thursday)...
Money Morning is here to help investors profit handsomely on this seismic shift in the global economy....
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straightstocks.com
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Mar 12, 2010
about
BP, DVN
British oil giant BP PLC (NYSE: BP) has finally entered Brazil’s vaunted deepwater oil market with a $7 billion purchase of Devon Energy Corporation (NYSE: DVN) assets.
BP yesterday (Thursday) announced it would acquire some of Devon’s interests in Brazil, Azerbaijan…
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fundmymutualfund.com
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Mar 11, 2010
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POT
Reader Abraham notified me that Potash (POT) raised guidance after the bell.... hold on, need to get this egg off my face to read the press release.
Ah yes... now I can see. It would not of affected us much portfolio wise, as we sold a very small position (higher than today's close) in the stoc...
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straightstocks.com
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Mar 11, 2010
about
NGLS
Anadarko Petroleum Corporation (APC) initiated a cash tender offer to buyback $1 billion of its outstanding debt. The tender offer consists of two separate offers: an Any and All Offer and a Maximum Tender Offer.
The first offer seeks to purchase any and all of the 6.750% Senior Notes due May 2011,...
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thebigmoney.com
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Mar 11, 2010
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JPM, GDP
Back in 2008, it seemed like only one thing was certain about the government’s Troubled Asset Relief Program: It was a gamble. A really big one. The economy’s problems were unprecedented and the potential remedy untested, which meant that economists could do little more than speculate about how hund...
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fundmymutualfund.com
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Mar 11, 2010
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GHL, BAK, GFA
We had a short 3 week estrangement with Brazilian chemical maker Braskem (BAK), leaving her Feb 24th, (she only wanted me for my attention, I only wanted her for her industrial exposure) but the stock looks ready to rumble again after doing nothing for a few weeks. In fact BAK is pulling off an id...
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straightstocks.com
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Mar 11, 2010
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ACG, GOM, DVN
UK oil super major, BP plc. (BP) is buying a bunch of assets of US independent oil and gas producer Devon Energy Inc (DVN) for $7.0 billion in cash. These include properties in offshore Brazil, Azerbaijan and the US deepwater Gulf of Mexico (GoM).
Offshore Brazil assets include interests in ten e...
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pheedcontent.com
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Mar 11, 2010
about
BP
Filed under: Deals, BP p.l.c. ADS (BP)Thursday morning, it was announced that British petroleum firm BP (BP) will pay $7 billion for a group of Brazilian assets held by American firm Devon Energy (DVN). In exchange, Devon will receive half of BP's Kirby assets in Alberta, Canada for $500 million.
BP...
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zacks.com
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Mar 11, 2010
about
APC
Anadarko Petroleum Corporation (APC) initiated a cash tender offer to buyback $1 billion of its outstanding debt.
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