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Market Wrap For January 8: Fed Minutes Released
Wednesday, January 8, 2014 - 5:39pm | 2250Read More...Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...
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Barron's Recap: Trouble Ahead at Tesla
Monday, June 10, 2013 - 6:26am | 867Read More...This weekend in Barron's online: the challenges faced by Tesla Motors, the Barron's 2013 ranking of the top 100 women financial advisors, and the prospects for electric utilities, Clean Harbors, Foot Locker and Loral Space & Communications. Cover Story "Recharge Now!" by Bill Alpert. Elon...
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The Top 10 Fortune 500 Companies for 2013
Friday, May 10, 2013 - 2:21pm | 73Read More...This year's list of Fortune 500 companies was released yesterday to much fanfare. Among the highlights was Wal-Mart (NYSE: WMT) regaining the top spot and Apple (NASDAQ: AAPL) making the top ten for the first time. Benzinga has you covered with a list of the top ten, including each company's 2012...
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Facts You Didn't Know About the Tax Code That Turns 100 Today
Monday, February 25, 2013 - 9:21am | 538Read More...On February 25, 1913, Secretary of State Philander Knox proclaimed that three-fourths of the states had ratified the 16th Amendment, thereby making the collection of income tax the law of the land. When Congress passed the law in 1913, a couple making more than $4,000 in taxable income, after...
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Schlumberger, Valero, Others See Rise in Short Interest
Tuesday, August 28, 2012 - 7:15am | 550Read More...The 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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Barron's Recap: Home Prices on the Rebound, the BATS Global Markets IPO
Sunday, March 18, 2012 - 11:05am | 877Read More...This weekend in Barron's online: signs point to a rebound in U.S. home prices, a look at Total, Novartis and Qualcomm, as well as the IPO of the third-largest stock exchange in the United States. Cover Story “Home Prices Ready to Rebound” by Jonathan R. Laing. U.S. home prices have fallen 34%...
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Apocalypse Redux? U.S. Natural Gas Find off Vietnam Could Raise Tensions with China
Monday, October 31, 2011 - 1:14pm | 873Read More...First, the good news... U.S. oil company ExxonMobil is reporting a "potentially significant" gas discovery off the coast of Vietnam, stating in a press release, "We can confirm ExxonMobil Exploration and Production Vietnam Limited drilled its second exploration well offshore Danang in August 2011...
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U.S. and Russian CEOs Meet with President Medvedev to Support Russia's WTO Accession
Friday, June 17, 2011 - 8:15am | 233Read More...The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...
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Jefferies Reviews ExxonMobil's Q4 10 Earnings (XOM)
Tuesday, February 1, 2011 - 11:39am | 160Read More...Jefferies is out with its report on ExxonMobil (NYSE: XOM), commenting on XOM's Q4 10 earnings. In a note to clients, Jefferies writes, "XOM reported excellent earnings, clean net income of US$9.25bn was a rise of 53% YoY, which at present is the best result of the global integrated majors in this...
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Credit Suisse Raises Its Price Target on ExxonMobil to $84 (XOM)
Tuesday, February 1, 2011 - 8:50am | 160Read More...Credit Suisse is out with its report today on ExxonMobil (NYSE: XOM), raising its PT from $76 to $84 thanks to an EPS beat. In a report sent to clients, Credit Suisse notes, "an 'oily' beat and strong cashflow supports $84/share: XOM beat due to strong realizations and demand for its international...
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Jefferies Initiates Coverage Of ExxonMobil With A Hold Rating; $75 PT Set
Tuesday, December 14, 2010 - 11:53am | 147Read More...Jefferies is initiating coverage of ExxonMobil (NYSE: XOM) with a Hold rating and a $75 PT. “As we lay out in our overview of the global majors, we believe the severe discount which is now applied to these companies of some 25% on a relative PER basis, should begin to ease as the companies begin to...
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Jefferies Initiates ExxonMobil At Hold
Tuesday, December 14, 2010 - 9:05am | 17Read More...Jefferies initiates ExxonMobil (NYSE: XOM) with a Hold rating.
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Snap Commentaries From Oppenheimer
Thursday, September 2, 2010 - 11:02am | 460Read More...Oppenheimer published these commentaries focusing on energy, technology, healthcare, financial institutions, and consumer & business services. Energy: ExxonMobil Corporation (NYSE: XOM) expects natural gas prices in North American to remain depressed for the next two years, refining margins...
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'Cautious Posture' Reaffirmed on ExxonMobil (XOM)
Tuesday, February 2, 2010 - 11:18am | 99Read More...ExxonMobil (NYSE: XOM) shares traded higher in morning trading as Benchmark Equity Research released their reaffirmed 'Sell' rating. ExxonMobil Q4 earnings of $1.27 per share were inline with Benchmark's forecast. Benchmark expects a reduction in their 2010 estimates of downstream earnings will be...
