WNR
WNR Articles
As of about 9:30 this morning, Brent crude is trading at its lowest price in three months, and the price differential between Brent and WTI crude closed to about $12/barrel last week before widening...
Published:
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report...
Published:
Last Updated:
The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment...
Published:
Last Updated:
One of the largest crude oil refiners in the US, Tesoro Corp. (NYSE: TSO), this morning lowered its earnings guidance for the fourth quarter, projecting a loss of -$0.55 to -$0.80. The consensus...
Published:
2011 is all but gone and research firms are handing out their top picks for 2012. We have been reviewing some of the “Small Cap Stocking Stuffers” from the top small cap ideas for 2012...
Published:
Last Updated:
Stocks got off to a good start this morning following the Labor Department’s report on non-farm payrolls, up slightly less than expected at 120,000 new jobs, and an unexpected drop in US...
Published:
Last Updated:
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Arch Coal, Inc. (NYSE: ACI) named as Bear of the Day with a $13.00...
Published:
Last Updated:
The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned by ConocoPhillips Corp. (NYSE: COP) and reverse the pipeline’s flow...
Published:
The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close. European stocks traded mixed all day, and that coupled with rising crude...
Published:
Last Updated:
Two major oil refiners have reported third-quarter earnings since the market closed last night. Both posted better-than-expected earnings primarily due to sharply higher refining margins. Western...
Published:
It is a bit thin in analyst coverage this morning. These are some of the top analyst upgrades, downgrades, and initiations from Wall Street. Altera Corporation (NASDAQ: ALTR) Cut to Hold at...
Published:
Last Updated:
The refining business has been in the news a lot recently for two things. One, it’s making money again. Two, integrated oil companies are shedding refining assets at a rapid pace. Now’s a good...
Published:
Last Updated:
This past weekend’s startling developments in Libya hit the crude oil markets almost instantly. Brent crude in Europe fell to around $105/barrel at one point, while WTI crude has gained about half...
Published:
High prices have finally contributed to curing high prices in the world’s crude oil market. The gloomy economic forecasts for the second half of 2011 have combined with $120/barrel prices for Brent...
Published:
Last Updated:
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AutoZone Inc. (NYSE: AZO) Raised to Buy at Citigroup. Cisco...
Published:
Last Updated: