Jim O'Shaughnessy, member of the "Squawk Box" Portfolio Challenge, believes in three global dividend stocks.» Read More
Jeff Kilburg, founder and CEO of KKM Financial, shares his top investment ideas for a potential rally in crude oil.
Bill Walker announced Tuesday the completion of the state's acquisition of TransCanada Corp.' s interest in a major gas project Alaska is pursuing, calling it an historic day. Under an agreement that predated Walker's term, TransCanada held the state's interest in the pipeline and gas treatment plant. TransCanada will provide a final cost report, and the state...
MEXICO CITY, Nov 24- Mexico's state oil company Pemex will process the lowest amount of crude this year in at least a quarter century, internal refining plan documents seen continue to batter margins. The decline is a double blow, as it means the national oil giant will likely struggle to compete in the upcoming liberalization of Mexico's retail oil sector and the...
Jim Cramer rattles off his take on caller favorite stocks, including this popular tech play.
Nov 17- BP Plc said on Tuesday it was exploring the sale of a petrochemical plant in Decatur, Alabama as part of a restructuring of its petrochemicals business. BP said it was spending $200 million to cut costs at PTA-producing plants in Cooper River, South Carolina and Geel, Belgium. BP's shares were up 2.6 percent at 378.1 pence on the London Stock Exchange at 1510...
Nov 17- BP Plc said it was exploring the sale of a petrochemical plant in Decatur, Alabama as part of a restructuring of its petrochemicals business.
RIO DOCE, Brazil, Nov 15- The collapse of two dams at a Brazilian mine has cut off drinking water for quarter of a million people and saturated waterways downstream with dense orange sediment that could wreck the ecosystem for years to come. Nine people were killed, 19 are still listed as missing and 500 people were displaced from their homes when the dams burst at an...
As Exxon is scrutinized for it's climate change records, many other oil companies could be put scutinized, The New York Times reports.
While some might see crude oil falling to $30 or less, I think market sentiment may be starting to change, says Andy Lipow. Here's why.
Oct 30- Husky Energy Inc, Canada's No. 3 integrated oil company, reported a third quarter loss due to after-tax impairment charges of C $3.8 billion on Friday and forecast a gloomy long-term outlook for oil and gas prices. Husky, controlled by Hong Kong billionaire Li Ka- shing, said that in addition to the impairment charges it wrote down C $167 million against...
NEW YORK, Oct 29- A former top prosecutor in New York City has been appointed as the federal monitor for General Motors Co following its agreement last month to pay $900 million to end a U.S. criminal probe over a lethal defect in its vehicle ignition switches. Bart Schwartz, the former chief of the criminal division in the U.S. Attorney's Office in Manhattan, will...
European markets ended Tuesday solidly lower, as investors reacted to earnings news and a decline in oil prices.
U.S. stock index futures indicated a lower on Tuesday as the Federal Reserve's two-day policy meeting gets underway and investors prepared for another mass of major corporate earnings.
Some of the names on the move ahead of the open.
U.S. stock futures were searching for direction this morning. But things gear-up today, with lots of economic numbers and earnings as well as the start of the two-day Fed meeting.
Jason Gammel, equities analyst at Jefferies, discusses BP earnings and forecasts that oil at $60 per barrel won’t come close to balancing the market by 2017.
BP, the U.K. oil giant, is slashing costs as it prepares for a long-term low oil price environment.
BRIEF- BP SEES Q4 PRODUCTION TO BE SLIGHTLY HIGHER THAN Q3@. *Net debt at 30 September 2015 was $25.6 billion, compared with $22.4 billion a year ago. *BP Plc Downstream segment replacement cost profit before interest and tax for Q3 and nine months was $2,562 million and $6,273 million respectively.
BRIEF-BP SAY EXPECTS TO AGREE A FURTHER $3- 5 BLN DIVESTMENTS. *Charge of $426 million for incident was taken in quarter, bringing total cumulative pre-tax charge to $55.0 billion. *BP expects to agree a further $3- 5 billion divestments in 2016 before returning to a rate of around $2- 3 billion a year thereafter.
Chinese President Xi Jinping has sealed a multi-billion dollar deal to finance nuclear power stations in Britain.