ConocoPhillips Stands to Lose the Most as Big Oil Pushes Back Against Hugo Chavez
ConocoPhillips (COP) hopes to limit losses by allying with Big Oil against Hugo Chavez over the Orinoco Belt.
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ConocoPhillips (COP) hopes to limit losses by allying with Big Oil against Hugo Chavez over the Orinoco Belt.
The Senate revives its immigration bill, hoping – against the odds – to bring it to a final vote before Independence Day break, but not before senators from both sides of the fence get a chance to nip and tuck at the overhaul bill with 24 amendments. Senators will start the week, however, voting –…
Somewhere along the way, an industry becomes defined by the terms used to describe it. And then sprouts a descent saying that the original terms are somehow skewing the real meaning of what the industry does, or perhaps, unfairly paints another industry as not being what the new industry says it is. Such is the…
Unimpressed. That is the one word that sums up everybody's reaction to The Timothy Plan's "Hall of Shame." I recently discovered a "Hall of Shame," a supposed guide for Christian Investors who wanted to steer clear of buying stock in companies that are involved in practices contrary to Judeo-Christian principles.
Investors saw big losses in the markets today, except for the privileged few who rode the Blackstone Group LP (BX) to nice gains on its first day of trading.
Mayor Michael Bloomberg was honored at a benefit for The Drum Major Institute (DMI) on Thursday evening. DMI, a progressive organization that backed Fernando Ferrer for mayor in 2005, recently issued a detailed analysis of congestion pricing in support of Mayor Bloomberg's PlaNYC program. Bloomberg is currently pushing the state to allow an early test…
Market players will be busy today trading the stocks that will be added or deleted from the Russell Indexes. This event happens annually and investors who wish to take advantage should focus on buying the companies that are being added and shorting the stocks that are due to be deleted.
Chinese stocks could be in for another wild ride during July, and Chinese solar stocks could be dragged into the mess. The two most volatile Chinese solar stocks, TSL (Last trade $44.63) and JASO (Last trade $29.21), seem particularly vulnerable to wild swings in Shanghai.
I love currency. I think currency is one of those things, like wristwatches, that will get phased out in time, but for now serve as a reminder that attention to detail is an end in itself. It is with empathy, then, that I read about the town in western Massachusetts that adopted its own currency,…
FirstSolar (FSLR – Last trade $80.82) is arguably the brightest solar stock of 2007. The stock has skyrocketed from a January 3 low of $28.20 to a June 19 high of $79.88. Banc of America, Lazard Capital, Piper Jaffray, Cowen & Co and First Albany all have buy ratings on the stock. Jim Cramer, who…
Photo:neubie, Creative Commons, Flickr I often see people begging for money in New York. Today I saw a guy with a handwritten sign on a street corner outside The Coffee Shop in Union Square. He wasn't asking for money, he was asking for a job as a director/actor/filmmaker. Now this is what I call marketing. …
I don't know how true rumors of Newscorp (NWS – $23.74) negotiating to own a piece of Yahoo (YHOO – $27.91) got started, but it would definitely be a postive for the stock. It would mean that management had a shareholder who would always be lighting a fire under their butts. I'd love to have…
Photo:stevevance, Creative Commons, Flickr Blogger Tom Sullivan is right to be skeptical about Home Depot's announced buyback. Mr. Sullivan ends his ValuePlays blog entry begging for "details boys… details."
Photo:jeffhuttonphoto, Creative Commons, Flickr Market players are facing plenty of reasons to exit positions and avoid any near term selloff in the coming weeks. Geo-political instability in the oil markets and rising interest rates are putting pressure on stocks, and the lack of a strong follow through on the recent retracement has given traders a…
Apparently even the Swoosh feels a sense of moral obligation. On May 31, Nike (NKE – 53.42) announced a corporate responsibility program designed to overcome its image as a $15 billion corporate empire focused more on its bottom line than its employees, the community, and the world around it. The Beaverton, Oregon athletic apparel maker intends to…
We, at The Panelist, are planning to endorse a Republican, Democrat and "Other Party" candidates before the primaries kick off. We've been watching John Edwards, Hillary Clinton and Barack Obama with interest. Today another candidate popped onto our radar, Dal LaMagna. He is a very progressive candidate for the Democratic nomination and doens't seem to…
Photo:pingnews, Creative Commons, Flickr Congress is considering moving funding from Big Oil to alternative energy.
So Scotts Miracle-Gro (SMG), the stodgy, 139-year old lawn chemicals company that has annual revenues of $2.7 billion and an approximate 59% share in the plant food market, has decided it needs to place a lawsuit against TerraCycle, a three-year old, $1.5-million start-up that is not even profitable. Cited reasons include that TerraCycle's packaging is too similar…
Inflation protected fund? Think again. Michael Katz from TheStreet.com finds Western Asset Management changing the nature of its inflation protected securities fund (WIW – $11.57) to allow it to hold 40% junk bonds.
Unilever (UN- $30.14) has been a value (and disappointing stock) in my portfolio. Recently the stock has been moving up with the rest of Europe (and up as part of the currency effect of the declining US Dollar).
Eric Jackson provides a wonderful explanation of what it's like to be a shareholder activist. He describes his trip to the 2007 Yahoo shareholder meeting at BreakoutPerformance.com. He arrived annoyed and came away with a better understanding of the company and its workings. As a matter of fact, he was impressed with how much potential…
The Senate continues piecing through a package of energy measures (S 1419), this week debating amendments on how high to hike minimum car mileage standards, whether or not to make 15% of electricity come from renewable energy by 2020 and if the feds should give loan guarantees for coal-to-liquid plants. Also slated to return to…
It may make your heart feel good, but the Sierra Club Stock Fund charges a high price for that feeling.
Universal and its parent company, GE, announced this week that they are committing $25 million in environmentally conscious marketing funds to promote the June 22 release of the sequel Evan Almighty (the sequel to the smash hit Bruce Almighty, starring Steve Carell and Morgan Freeman). The marketing plan includes an eco-awareness campaign, which gives audiences…
So far, The Panelist has hit home on a few of the underlying benefits of exhibiting sustainability within the private sector, as well as shown how select corporations have taken the lead in raising the bar. Successfully integrating sustainability practices within a company's business practices can simultaneously increase revenue and reduce operating costs, hence increasing the bottom line. But can sustainability…