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CNBC - Jul. 13, 2008, 3:20 PM
CNBC staff and wire reports ON THE BRINK OF BEAR MARKET Stocks slid Monday on concerns that housing woes aren’t nearly over. Also, in an example of what’s good for Main Street isn’t always good for Wall Street, as the price of oil ...
International Herald Tribune - Jul. 13, 2008, 1:49 PM
NEW YORK: U.S. stocks fell Monday as a drop in financial shares erased earlier gains spurred by an almost $4-a- barrel retreat in oil prices. Fannie Mae and Freddie Mac, the two largest U.S. mortgage- finance companies, led declines that sent the S&P ...
International Herald Tribune - Jul. 13, 2008, 9:51 AM
Fannie Mae and Freddie Mac, the two largest U.S. mortgage- finance companies, led declines that sent the S&P 500 Financials Index to its lowest level since March 2003. Exxon Mobil Corp. and Schlumberger Ltd. dropped as crude slid. Yahoo! Inc. rallied the ...
Forbes.com - Jul. 10, 2008, 10:02 AM
I am surprised by how many oil stocks are acting like dogs in the wake of buoyant oil futures quotes. The crude oil surge in commodity markets amounts to 50% since year's end, but oil stocks show just a 10% gain. From early May, the sector is up just 7%, ...
CNBC - Jul. 10, 2008, 2:07 AM
Given the weakness of the U.S. dollar, investors should look to large-cap multinational corporations for sound investments, said Bill Schultz, chief investment officer at McQueen, Ball & Associates. They should specifically target more defensive stocks, ...
CNBC - Jul. 10, 2008, 2:07 AM
Wall Street is bracing for a big round of second-quarter earnings reports. but few expect them to deliver good news for the state of Corporate America. Earnings season begins a slow trickle next week that will intensify through the month as investors ...
Reuters - Jul. 9, 2008, 5:25 PM
MADRID, July 3 (Reuters) - Schlumberger (SLB.N: Quote, Profile, Research) Chief Executive Andrew Gould on Thursday said that security costs for employees in the world's biggest oil services company had risen dramatically and spread over the past 10 ...
Forbes.com - Jul. 9, 2008, 4:47 PM
MADRID, July 3 (Reuters) - Schlumberger is still looking at expanding in Russia through acquisitions but the current high valuations on Russian service companies make a deal difficult, Chief Executive Andrew Gould said on Thursday. 'Values have escalated ...
Forbes.com - Jul. 8, 2008, 9:54 PM
The Sidewinder Report, the www.onn.tv daily options news program recorded live on the floor of the Chicago Board Options Exchange, today examined options trading in the following securities: Chesapeake Energy Corp (CHK) Exco Resources (XCO) Apollo Group ...
CNBC - Jul. 6, 2008, 8:24 AM
OIL RECORD ABOVE $143 The price of crude oil hit yet another record on the last day of a tumultuous first half, spurting past $143 a barrel before ending lower on demand fears and a resilient dollar. I think investors should look at oil services stocks ...
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