ISTANBUL, April 16- Turkey would consider allowing the South Stream pipeline, which will carry natural gas from Russia to Europe, to pass through Turkish territory if Moscow made such a request, Energy Minister Taner Yildiz said on Wednesday.» Read More
Oracle's strong earnings could give some tech names a bounce Thursday though markets are again being haunted by credit worries, and another Wall Street firm is set to report earnings before the bell.
Merrill Lynch says fund managers it surveyed in December are more pessimistic about corporate profits than they have been in nearly a decade. Seventy-four percent believe we are in a late cycle phase of business expansion while four percent believe the economy has already entered global recession, the firm says.
As I watched the signing ceremony for another energy bill today, I thought, why bother? The push for more ethanol only seems to drive up the price of corn, displace other crops, and lead to food inflation for consumers. Energy independence? Please. We import roughly half the oil we use each day. That's a pretty big hurdle to independence.
As we close out this year, I know some of you are asking, "Hey Toyota Phil (a nickname a friend gave me after accusing me of giving the Japanese automaker too much praise) what do you think will happen in the auto industry next year?" Well, since you asked, and I know some of you haven't asked, here are my prognostications for 2008.
Orion Energy Systems soared in its market debut Wednesday, a day after an initial public offering priced in the middle of a forecast range.
President Bush signed into law Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming.
Stocks staged a mini comeback Tuesday after a day that saw indexes seesaw on both sides of the unchanged line. The market once more fretted over the financial sector and could do the same on Wednesday.
It was a tough call for Cramer. What did he decide?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Is the weakness in energy prices a signal that an economic slowdown is imminent?
The House on Tuesday approved an energy bill to increase the fuel efficiency of U.S. cars and trucks for the first time since 1975, boost production of renewable motor fuels like ethanol and cut energy use in light bulbs and appliances.
The first winter we spent in our new home I kept them temperature at a toasty 75 degrees constantly, until I got the first heating oil bill. To cut the costs for the next blistering cold season, we put insulation in our attic and I figured out how to use the programmable thermostat.
The U.S. House of Representatives Tuesday passed a broad energy bill that will boost automobile fuel efficiency standards and require more use of renewable fuels like ethanol.
Bryan Elliott, senior restaurant analyst for Raymond James, says it's time for investors to feast on casual-dining stocks: "Keep in mind we're talking about long-term, couple-of-year time frame. ...We think there's tremendous value in a number of stocks out there."
This oil driller is using high prices today to lock in great rates for tomorrow.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
As I've been talking about for some time, and as we've seen from auto sales in the last couple of months, the price of gas IS causing people to shift the kinds of vehicles they are planning to buy. The latest evidence comes from Kelley Blue Book.
Housing starts and earnings from Goldman Sachs and Best Buy are among the headlines the stock market will care about ahead of Tuesday's open.
Time for the year end predictions, and I'll predict I stand by each one. Well, maybe not each one, but who knows, I might be right on at least number seven.
Plains Exploration & Production said Monday it would sell some oil and natural gas properties to Occidental Petroleum and XTO Energy for $1.75 billion.
U.S. travel over the Christmas and New Year's holidays will rise just 0.7 percent over last year, the slowest rate of growth in five years amid soaring fuel prices, AAA said on Monday.
As we enter the final stretch of 2007, the stock market may temporarily lose some of its violent mood swings and secure gains for the month and the year.
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