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Report: Chevron's Asian Geothermal Assets Drawing Attention From Potential Buyers
Wednesday, April 6, 2016 - 9:38am | 190According to a report by Reuters, Chevron Corporation (NYSE: CVX)'s Asian geothermal energy blocks are drawing interests from potential buyers. Reuters, citing "sources familiar with the matter," stated that the price tag on any potential deal could be as much as $3 billion. Potential buyers...
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Earnings: Cloud Matters For Microsoft; Is Worst Over For Chevron?
Thursday, January 28, 2016 - 1:30pm | 930Earnings from two blue-chip stocks in totally different industries could give investors another snapshot of a global economy that’s showing a few cracks. Tech giant Microsoft Corporation (NASDAQ: MSFT) and the oil patch’s Chevron (NYSE: CVX) are among the stocks wrapping up a heavy...
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Credit Suisse Lowers Oil Target, But Upgrades This Mid-Cap Stock
Tuesday, September 8, 2015 - 8:50am | 336Year-to-date, Southwestern Energy Company (NYSE: SWN) has declined 44 percent. Credit Suisse's Edward Westlake upgraded Southwestern Energy to Neutral from Underperform in a new research note. The firm said that Southwestern Energy's stock price already "properly discounts...
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Barron's Recap: GOP Contenders, Corning's Latest Magic & Apple Watch Called 'Not So Smart'
Sunday, June 7, 2015 - 5:17pm | 819This weekend in Barron's online: who will be 2016 GOP nominee, the top 100 women advisors, as well as the prospects for Corning, LabCorp, LendingClub, On Deck Capital, International Game Technology, the Apple Watch and more. Cover Story "Who Will Win the GOP Nomination?" by Jim McTague. Out of...
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Barron's Recap: Why To Invest In Oil Now
Sunday, February 15, 2015 - 3:15pm | 797This weekend in Barron's online: investing in oil in a tough energy market, a blueprint for rescuing kids from a broken American public school system, as well as the prospects for Exxon and other big oil stocks, Dollar General, Credit Suisse, TowneBank and more. Cover Story "Oil: Slick Investing in...
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Earnings Expectations For The Week Of January 26: Apple, Google, Microsoft & More
Sunday, January 25, 2015 - 4:26pm | 1113The earnings crunch is on this week. Tech and Internet giants will be stepping into the earnings spotlight, with forecasts calling for profit growth from Apple Inc. (NASDAQ: AAPL), Facebook Inc (NASDAQ: FB) and Google Inc (NASDAQ: GOOGL) but shrinking profits from Amazon.com, Inc. (NASDAQ: AMZN),...
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Why This NYSE Floor Trader Is Warning Against Transocean
Tuesday, January 13, 2015 - 2:58pm | 488TJM Investments Managing Director Tim Anderson says the only oil stocks that are secure right now are big international ones. Names like Exxon Mobil Corporation (NYSE: XOM), Chevron Corporation (NYSE: CVX), ConocoPhillips (NYSE: COP) and even BP plc (ADR) (NYSE: BP), which has the most exposure...
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Weekly Tech Highlights: Apple Watch Sales Potential, A New Yahoo Rumor & More
Saturday, January 3, 2015 - 4:28pm | 193A new year and a new slate of Apple Inc. (NASDAQ: AAPL) headlines. The Cupertino, California-based tech giant is ready to bring Apple Pay to more locations -- including those outside of the United States. Apple could also dominate the wearable tech space even if only a small fraction of...
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Apple Pay Expansion Continues In 2015
Tuesday, December 30, 2014 - 12:50pm | 537Apple Inc. (NASDAQ: AAPL) successfully registered one million credit cards in three days when Apple Pay launched earlier this year. The mobile payment solution has been praised by analysts and security experts ever since it debuted. Their views could change now that hackers have found a simple...
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Barron's Recap: Oil Stocks To Buy Now
Monday, December 22, 2014 - 7:30am | 850This weekend in Barron's online: five top oil stocks are bargains, as well as the prospects for Bed Bath & Beyond, Wabash National, Southwestern Energy, CVS Health and more. Cover Story "Five Oil Stocks to Buy Now" by Avi Salzman. The plunge in crude oil prices has created...
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Dow, S&P 500 Close At Record Highs To Kick Off Thanksgiving Week
Monday, November 24, 2014 - 5:49pm | 796U.S. stocks were mostly higher on Monday to kick off the shortened trading week that will pause on Thursday and close at 1 p.m. ET on Friday for Thanksgiving. Speaking to CNBC, bond guru Jeffrey Gundlach said that the Federal Reserve may raise its rates in 2015, but not for fundamental reasons...
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UPDATE: Raymond James: Oil Prices, Oil Stocks 'Within Weeks Of Bottoming'
Monday, November 24, 2014 - 4:14pm | 304Pavel Molchanov of Raymond James believes that oil prices and energy stocks are within weeks of bottoming, regardless of the outcome from OPEC's upcoming meeting on Thursday. “That certainly does not mean that we envision a huge near-term oil rally, but even a period of stabilization...
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Investors Rewarded With Treats, Not Tricks, As Dow And S&P Close At Record Highs
Friday, October 31, 2014 - 4:54pm | 1361U.S. stocks surged on Friday, lifting the Dow and S&P 500 to new all-time high record closes. Investors were treated to news of a surprise stimulus expansion from the Bank of Japan. The Japanese central bank increased its yearly target for monetary expansion to 80-trillion yen ($724 billion...
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Earnings Expectations For The Week Of October 27: Facebook, Exxon, Pfizer And Much More
Sunday, October 26, 2014 - 4:55pm | 999Lots more earnings are on tap this week, from social media giants like Facebook and Twitter to petroleum supermajors Exxon and Chevron, from major pharmaceutical makers Merck and Pfizer to consumer goods giants like Altria and Avon Products. Here is a quick look at what analysts are expecting from...
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Markets Begin The Week On A Losing Note Ahead Of Earnings Kick-Off, Fed Minutes
Monday, October 6, 2014 - 4:45pm | 1927U.S. stocks traded lower on Monday ahead of earnings season, which unofficially begins on Wednesday. The Federal Reserve will also release its minutes from its recent meeting on the same day. Major indices were trading in positive territory on Monday with the Dow up as much as 89 points before...