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Schlumberger, Valero, Others See Rise in Short Interest
Tuesday, August 28, 2012 - 7:15am | 550The short interest data is out from the August 15 settlement date showing mixed results for the oil and gas sector. Generally, these stocks are not heavily shorted -- who really thinks the price of oil will collapse any time soon? Shares sold short in BP (NYSE: BP), Chevron (NYSE: CVX) and...
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Barclays, Telefonica and Other European Stocks Favored by Analysts
Thursday, August 23, 2012 - 7:23am | 820There is no question that economic conditions are rough in Europe, where a number of countries have fallen back into recession. American companies with exposure in Europe are seeing the effects on their bottom lines, but there are always silver linings. Judging by the consensus Strong Buy...
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Below $50, Problems Await Brazil ETF (EWZ)
Tuesday, June 26, 2012 - 8:52am | 810The iShares MSCI Brazil Index Fund (NYSE: EWZ), the largest exchange traded fund (ETF) tracking the largest Latin American economy, has technical problem. On Monday, the fund dropped below critical support at $50, touching a new 52-week low in the process. Volume was nearly 39% above the daily...
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Six Stocks Insiders Are Buying
Thursday, February 2, 2012 - 7:22am | 1060Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...
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BP Officially To Blame on the Macondo Blow Out
Thursday, September 15, 2011 - 8:55am | 417Cost cutting and rushing to blame: http://www.kansascw.com/kscw/news/sns-rt-us-bp-spill-probetre78d0kv-20110913,0,5653364.story Now some self promotion. This mess created one of the more profitable basket of investments I've made in a while. I covered them real time on my blog at the time of...
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Twelve Oil & Gas Plays Worth a Look Now
Monday, August 22, 2011 - 6:59am | 940Despite controversy over the process known as fracking, and despite pullbacks resulting from the recent market volatility, shares of the following seven oil and gas companies are trading more than twice where they were a year ago. These are all dividend payers as well. Apco Oil & Gas (NASDAQ:...
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A Major Statistic Highlighting Declining U.S. Dominance
Wednesday, June 8, 2011 - 4:27pm | 617Despite the fact that there are nearly four people in China for every American, the United States as a whole has used more energy than China. That is until now. According to a report by British Petroleum, cited by Fox Business, China now consumes more energy than the United States. The...
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Leon Cooperman: My Team Likes AAPL, ACE, BP, CTXS, BR
Wednesday, March 23, 2011 - 2:30pm | 88Billionaire hedge fund manager Leon Cooperman told CNBC that his team likes Apple Inc. (NASDAQ: AAPL), Ace (NYSE: ACE), BP (NYSE: BP), Citrix Systems, Inc. (NASDAQ: CTXS), and Broadridge Financial Solutions (NYSE: BR). The Omega Advisors CEO also said that the dollar is headed softly lower from...
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To Tweet Or Not To Tweet (BP)
Wednesday, March 9, 2011 - 2:10pm | 365It has been nearly a year since the explosion on the Deepwater Horizon rig, an epic disaster that exposed BP (NYSE: BP) to government censure, litigation, and costs that would rise to billions. Of course, when your company is responsible for spilling millions of gallons of oil into the Gulf of...
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Whitney Tilson Talks Apple, Microsoft, BP And More (AAPL, MSFT, BP)
Thursday, March 3, 2011 - 3:43pm | 193This afternoon on CNBC's Fast Money, Whitney Tilson said that while he is a big fan and an admirer of Apple (NASDAQ: AAPL), he is sticking with Microsoft (NASDAQ: MSFT). “There's an argument against a lot of the big cap stocks that are struggling,” Tilson said. “But Microsoft is growing like crazy...
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Cramer: Whatever You Extract From The Earth Has Some Dangerous Factor
Tuesday, February 8, 2011 - 3:47pm | 87Following the fire at the Enterprise Products (NYSE: EPD) facility in Mont Belvieu, Texas, Jim Cramer was on CNBC warning that whatever you extract from the Earth has some dangerous factor. Could this have an impact on Exxon Mobil Corporation (NYSE: XOM), BP (NYSE: BP), or ETFs like United States...
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Oppenheimer Raises PT On BP To $55
Monday, January 10, 2011 - 9:59am | 158Oppenheimer has published a research report on BP plc (NYSE: BP) and has raised the price target on the company from $45 to $55. In the report, Oppenheimer writes "We reiterate our Outperform rating on BP and are raising our price target to $55/share from $45. A Presidential Commission last week...
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Transocean Uncertainty Still Flowing Freely
Wednesday, July 21, 2010 - 11:15am | 251Wunderlich reports on Transocean (NYSE: RIG): that "reserve and production estimates depend on many assumptions that may turn out to be inaccurate. Any material change in these figures could materially change our estimates." Wunderlich remains cautious offshore and intends to focus on oil and gas...
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Overt and Covert Strategies to Profit from the BP Oil Spill
Thursday, July 15, 2010 - 5:23pm | 601Overt and Covert Strategies to Profit from the BP Oil Spill At times, companies or sectors that are in the most troubled areas provide the best buying opportunities. At other times, companies or sectors in seemingly unrelated areas can provide the best opportunities to profit from troubles....