BISMARCK, N.D.— Canadian Pacific Railway told a federal oversight board Friday that moving fertilizer for spring planting does not present a "significant challenge" for the railroad.» Read More
U.S. crude oil futures were slightly higher in choppy trading on Friday, attempting to extend Thursday's RBOB gasoline-led rise as refinery snags and sluggish inventory gains keep supply concerns in focus.
In the post-apocalyptic world of the action movie “Mad Max Beyond the Thunderdome”, road warriors dueled in muscle cars fueled by pig waste. Fortunately for us today, extreme gasoline shortages are not a reality, though record pump prices are. This means we won't be replacing refineries with swine farms anytime soon. Still, high-energy costs, the toll taken on the environment and a steady decline in easily recoverable sources of oil and gas do mean the hunt for alternatives to traditional fossil fuels is gathering momentum.
Russia's Gazprom and Belarus have postponed a deal to allow Gazprom to buy 12.5% in the state gas pipeline operator of Belarus, Gazprom and an official in Minsk said on Friday.
A late selloff pushed stocks lower at the close as strong economic data and encouraging comments by the Fed were offset by profit-taking and a spike in energy prices. "We're seeing a little bit of weakness, but the market not selling off tremendously is an overall positive," said Robert Pavlik, chief investment officer at OakTree Asset Management.
El-Erian spoke with Michelle Caruso-Cabrera to discuss inflation, private equity, the global economy and the "long-term themes" that guide him in investing Harvard's money.
U.S. oil finished just shy of $65 a barrel and Brent broke through $70 as U.S. refinery breakdowns choked gasoline supplies in the U.S. just ahead of peak summer demand.
Shares in oil giant Royal Dutch Shell rose more than 4% before closing at their highest level in six months on Thursday as traders cited rumours of a possible tie-up with a rival.
Stocks came off session lows Thursday morning, following Federal Reserve Chairman Ben Bernanke’s reassuring words on subprime lending. Richard Sichel, chief investment officer at Philadelphia Trust Company, and Jack Ablin, chief investment officer at Harris Private Bank, joined CNBC’s Liz Claman on “Morning Call” to discuss what, if anything, could disrupt the Dow’s momentum now.
Okay, we're slowly but surely posting the most recent information on the contest. Here's the stock report--for both the Million Dollar Portfolio Challenge and Second Chance Showdown. Earnings are still helping the best performers. One longtime favorite--CMGI--shows up on worst performer as well as most active and widely held. Maybe it's time has come and gone. Here ya go..
Cramer hates tech right now, but he loves Texas Instruments. Plus, his take on Bear Stearns, Halliburton and Federated Department Stores. 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.
Oil climbed towards $63 a barrel on Thursday, supported by refinery closures that are cutting gasoline supplies in top consumer the United States just ahead of the summer driving season.
Stocks moved broadly higher and the Dow logged triple-digit gains as investors were encouraged by large investments revealed by several billionaire investors. "We're in a bull market without any question," said Ned Riley, CEO of Riley Asset Management. "You can't deny this market because there is so much money being invested."
Surprising energy data sent oil prices into negative territory Wednesday morning. Bruno Stanziale, a principal in commodities sales for Bank of America, provided his analysis on “Morning Call.”
Hey--here's our "stock report" for both the finals and Second Chance Showdown. As we said, WINN was the big winner--if you had it. Most active and widely held remain much the same from the non-final trades of past weeks. Here ya go..
Are outages and maintenance issues causing our refineries to operate too inefficiently? James Halloran, energy analyst with National City’s private client group, appeared on “Morning Call” to discuss how refining capacity is affecting what you pay at the pump.
Don't be angry if gasoline hits $4 per gallon -- high prices at the pump might be just what America needs, say two "Morning Call" guests. The question, though, is what the short-term impact will be to the U.S. economy. Chris Varvares, president of Macroeconomic Advisers, and David Lazarus, business columnist at the San Francisco Chronicle, joined CNBC's Michelle Caruso-Cabrera to share their insights.
With the price at the pump hitting record highs, the head of the Energy Department's Energy Information Administration is set to brief lawmakers this morning on the gasoline outlook for the summer.
Good morning all. We have some info for you. The first Million Dollar Finals leader is Donald Tang who gained $73K on Mindray Medical. He's closely followed by Serge Amelyan with the same Mindray Medical trade. However, Serge used his remaining cash to buy 2 shares of CMGI at $2.44, which fell -2.46% Tuesday-- resulting in the $0.12 difference between him and Donald, and costing him the tie for first.
Limited Brands halted trading in its stock this afternoon, and Morgan Stanley initiated coverage on a few agricultural product companies. Cramer explains what it all means.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.
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