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- ING Prices Share Issue at Hefty Discount
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- Revenge of the Gangsta Nerds
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- Retail Earnings and Sales to Improve in Q4: Analyst
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MOST SHARED
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- Oil Falls Toward $74 Amid Dubai Debt Jitters
- Gold Will Collapse Like Oil Did in 2008: Charts
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As President Bush called for dropping the ban on offshore oil drilling, CNBC asked the experts how to profit from oil.
Energizing Profits
“We’re dealing with very long-term solutions to a problem that’s going to be with us for quite some time. The outlook on oil prices doesn’t change on this, so the producers, the big holdings we have, names like Apache [APA
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] and Devon [Energy] [DVN
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] continue to benefit from a very tight worldwide supply demand situation.”
- Charles Bath, Diamond Hill Large Cap Fund [DHLAX
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Bearish on Boeing
“As long as oil remains high, nobody wants to buy Boeing [BA
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]. Even if Boeing’s new plane is the solution, we don’t care. So, I think Boeing—as much as I really like it— you’ve got to wait 18 months for it to move, and that’s just not the time frame of this market.”
- Jim Cramer, Mad Money host
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Data is a real-time snapshot *Data is delayed at least 15 minutes