CNBC's Sharon Epperson discusses the day's activity in the commodities markets and looks at where oil and precious metals are likely headed tomorrow.» Read More
OK, I admit. This blog post is not about a typical Power & Money story. It's not about hedge funds or private equity, or even about investing. It's about your money, as a taxpayer, and the oil industry. It's about the power of one man, Bobby Maxwell, and the money one big oil company didn't pay the government.
Italian energy groups Eni and Enel won a Russian state auction for the gas assets of bankrupt oil firm YUKOS on Wednesday, paying 151.536 billion roubles ($5.83 billion).
Stocks closed higher across the board Tuesday as investors were encouraged by better-than-expected housing data and a steep pullback in crude oil prices. "The market was pleasantly surprised by the housing numbers," John Massey, portfolio manager at AIG SunAmerica, told CNBC.com. "That took out a significant amount of resistance and hesitation in the market, and tensions cooling in Iran led to a pullback in energy. It was a confluence of those two events."
U.S. oil fell 2% after Britain and Iran said they were willing to use diplomacy to end their standoff over 15 British sailors and marines seized in the Gulf.
The Ford HySeries Edge is the first car to run on both electricity and hydrogen. While its lithium battery generates electricity, the fuel cell extends the vehicle’s range to hundreds of miles. Ford Motors' manager of fuel-cell engineering, Mujeeb Ijaz, explained how it works on “Morning Call.”
Here are our trivia questions for today and a look at the current leaderboard, as done on "Power Lunch." The video question is worth $2,000 Bonus Bucks: Which airline was ranked #1 in the 2007 Airline Quality Ranking Survey? The news question is worth $1,000 Bonus Bucks: South Korea sold roughly how many cars in the United States in 2006?
We have an video excerpt here from last Friday's "How To Win" contest program featuring guest bloggers and analysts Jeff Mishlove and James Altucher. Both agreed that having stock among the most actives, is not necessarily the best strategy--because obviously you are competing against fellow traders for the same returns. You want to find stocks....
Here's a look at best and worst when it comes to stock trade performance. First Data makes an appearance (best) while Opnext shows up, for the first time, as a "not so good trade." Most actives have the usual suspects as does most widely held.
Iranian mischief is the single most bankable trend in the world, Cramer says. So he’s got a doomsday portfolio for you just in case events take a turn for the worst. 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.
Stocks managed to squeak by with gains at the close as a flurry of mergers helped investors shrug off weaker manufacturing data. "We had a mixed dose of positive and negative news," said Mike Malone, trading analyst at Cowen, in an interview with CNBC.com.
See what analysts had to say today about the market on CNBC.
Crude oil futures were higher, but trading was choppy amid international tensions over Iran's holding British Navy personnel, a U.S. citizen reported missing and Tehran's nuclear dispute with the West and continued Nigerian unrest.
Hey folks, here's a bit of a re-cap of the leaders as well as today's trivia questions for those bonus bucks. And we have the interview with weekly winner#4--John Tepichin--from his "Power Lunch" interview today. As we said, Deborah Taft is still at the top of the leaderboard, but the spots below her are changing names. Here's the top five.
The comments from Ali Larijani, who last week had suggested that the crew "may face a legal path," came as both Iran and Britain appeared to be seeking a way to soften their approach to the dispute.
David Kirsch, market intelligence service manager for PFC Energy, told CNBC’s “Squawk Box” that he expects oil to trade at $65 to $70 a barrel throughout the summer.
Here's our look at the stocks making the most "noise" with traders. Some new names are making the lists. Global payments, as you will see below, turned out to be NOT such a great buy. The most active and widely held are pretty much the same stocks, as they were last week.
Consider this the next time you're enjoying your in-flight movie and sipping a complimentary Sauvignon Blanc at 30,000 feet: the fuel powering the engines, keeping your jet at cruising altitude and speeding you onwards to your destination is the single biggest cost airlines must bear.
Oil stalled on Friday after a nearly two-week rally on tensions over Iran's capture of British military personnel and worries over U.S. gasoline supplies ahead of summer driving season.
Stocks closed mixed as the Dow Jones Industrials had their worst quarterly performance in almost two years. "What you've seen this quarter is a lot of negative shocks to the system in the market, yet the markets really don't want to go down," said Erik Ristuben of Russell Investment Group.
Wall Street is sharply lowering expectations for first-quarter earnings growth, but some market pros think individual companies could offer investors some pleasant surprises.