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ABERDEEN, Scotland, Nov 13- In the bars, boardrooms, hotels and high streets of the Scottish city of Aberdeen, there is one question on most people's lips: how do you survive a global oil price slump? The price crash has cost thousands of workers in Aberdeen their jobs, threatening the future prosperity of the city and, for some undermining the economic case for...
Jim Cramer provides his advice on various caller favorite stocks, including this oil stock with no bottom in sight.
Aug 14- Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing to buy Precision Castparts Corp in its largest-ever purchase. The changes were disclosed in a U.S. Securities and Exchange Commission filing detailing...
Aug 14- Warren Buffett's Berkshire Hathaway Inc has eliminated its stakes in National Oilwell Varco Inc and Phillips 66, and on Friday signaled it may have another large investment in the works. The changes were disclosed in a filing with the U.S. Securities and Exchange Commission detailing Berkshire's U.S.-listed stock portfolio as of June 30.
July 28- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a higher-than-expected quarterly profit as cost cuts helped offset the impact of a fall in global drilling activity. Expenses fell more than 18 percent to $417 million in the second quarter ended June 30 from a year earlier, the company said. Net income attributable to the...
July 28- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a 53 percent fall in quarterly profit as a steep decline in commodity prices weighed on demand and prices for its products. Net income attributable to the company fell to $289 million, or 74 cents per share, in the second quarter ended June 30, from $619 million, or $1.44 per...
Why investors should buy energy stocks
Top tech investor Paul Meeks updates his "Squawk Box Platinum Portfolio" in these unexpected sectors.
As CEOs buy a record amount of stock with shareholder money, they're keeping their wallets in their pockets when it comes to buying shares on their own.
Hug your economist. You're going to need him.
Bullish case for energy stocks
Using a revolutionary osmosis process, Oasys has found a way to clean polluted fracking water, thus solving the industry's biggest quandary.
Take a look at some of Tuesday's midday movers:
National Oilwell Varco warned of a severe downturn in its business after orders for its drilling parts plunged nearly 90 percent.
Jim Cramer is gearing up for earnings next week, especially the oil companies.
Trying to pick a bottom in energy stocks: is this the time to go long?
Recent history shows that when oil has rallied more than 10 percent over a 30-trading-day period, oilfield service companies have benefited.
A sale of parts of Halliburton's business to appease regulators could be a game-changer for smaller oilfield services companies, analysts say.
Japan's economy unexpected fall into recession increases the likelihood of demands for further stimulus.
Stocks are up despite weak market internals. Much of the Dow's gain is due to Visa and utilities are leading the S&P 500.