Monday, 23 Nov 2009 | Source: The Associated Press
Anadarko Petroleum Corp. on Monday said success from an exploration well drilled offshore Brazil signals better potential for an area that could become the company's "next mega project."
No doubt the widespread use of solar and wind power is ideal, but it’ll be a long time before the mass adoption of those alternative energies is a reality. In the meantime, Cramer says, the US should shift its focus to natural gas.
Thursday, 17 Sep 2009 | Source: The Associated Press
Anadarko Petroleum'sstock hit a new high for the year on Thursday following news that it made a deepwater discovery offshore Sierra Leone and analysts raised their price targets for the exploration and production company.
Stocks rallied for a third day Wednesday, jumping more than 1 percent, as industrial production rose for a second straight month and weakness in the dollar boosted commodity and industrial stocks.
Stocks continued to rise Wednesday, after major indexes hit new highs for the year Tuesday, as oil prices topped $71 a barrel and industrial production rose for a second straight month.
Wall Street looked set for a higher open Wednesday, after major indexes hit new highs for the year Tuesday, encouraged by Federal Reserve chairman Ben Bernanke's remarks that the US recession was probably over.
Stocks rallied to their highest closes since November Monday following encouraging economic reports from the U.S. and abroad and following news that auto sales got a boost from the "Cash for Clunkers" program.
Stocks rallied Monday after a pair of encouraging reports on the manufacturing sector, plus strong bank earnings out of Europe and expectations for strong auto sales. The S&P briefly topped 1,000, a level it hasn't seen since November.
Stocks got a quick pop at the open Monday after some strong bank earnings out of Europe and expectations that auto sales will show a boost from the "Cash for Clunkers" program. But the rally quickly fizzled.
Stock index futures indicated a strong opening for Wall Street Monday, helped by European markets that hit a broader-index high for the year on better-than-expected bank earnings.
Markets zigzagged on Thursday after a weak holiday outlook from Wal-Mart, a drop in jobless claims and big tech news. How should investors be positioned? Jerry Castellini, president and CIO of CastleArk Management, ... Read More