Check out the top ten Fortune 500 companies.
Check out the top ten Fortune 500 companies.
Chevron says its quarterly profit fell 5 percent in the first quarter as oil prices slipped.
On Wednesday, the Dow Jones Industrial Average closed at 14,075, its highest close in the past five years, and within 90 points of its all-time high: 14,164, reached on Oct. 9, 2007. But what does that really mean for you, or the economy as a whole?
Chevron shares dropped 4.2 percent to $112.45 after it said third-quarter profits would be "substantially lower" than the previous quarter, while Alcoa fell 4.6 percent to $8.71 after it posted a quarterly loss. The company cut its outlook for global aluminum demand, citing a slowdown in China.
Despite financial turmoil in Europe and disasters in Japan, the world's largest corporations had record profits and revenue in 2011. Where on Earth will the growth come from next?
As April 1 approaches, Green America wants you to help it choose the "Biggest Corporate Fool" of 2012 -- the worst offender in the realm of business shenanigans. You've probably heard of most of the nominees -- but the behavior they're being called out for may be news to you.
Gas prices are going up again, and it feels a lot like Groundhog Day: Same old problem, and media outlets are dispensing the same old advice. Not us! Here are the most interesting and innovative ideas our readers offered for reducing your pain at the pump.
The electric car has arrived, but odds are that there isn't one in your driveway. Several factors have gotten in the way of the eco-friendly automotive revolution, but at least now we can ask conspiracy theorists -- who argue that oil companies and the government are blocking plug-in cars from the road -- to leave the room and take their tinfoil hats with them. The electric car is here; drivers simply don't want them yet.
Like they say: If you can't beat 'em, join 'em. With the price of home heating oil on the rise, and likely to go on rising due to global politics, now might be a good time to place a bet on oil to hedge against the costs of keeping the homestead warm.
Each January, 24/7 Wall St. makes its predictions about which publicly traded U.S. companies it feels will have the highest profits in the year ahead. Read on, and find out which of the Fortune 500 will rake in the biggest fortunes.
For the first time since 2009, Social Security recipients will get a COLA increase in their checks in 2012. But that 3.6% bump probably isn't going to cover the real rise in your expenses. So where should you invest to find that extra income?
Oil prices fell in the wake of last week's death of Col. Moammar Gadhafi. But it was a small dip, and it didn't last for long. Still, while the Libyan dictator's death may not lead to lower gas prices for U.S. drivers in the short term, down the road improved world crude supplies should stabilize prices. That in turn would lead to fewer surprises at the gas pump.
Options: It's a word that makes you shiver with fear or salivate at opportunity. In fact, there's one options strategy that's almost certain to add some extra money to your portfolio over time, without adding lots of risk. It's the technique known as writing covered calls, and it's perfect for times like this.
Thanks to pricing discrepancies on Wall Street, you can actually buy a dollar's worth of stocks for $0.85 -- or perhaps even less than that. All you need to do is warm up to the sorely neglected realm of closed-end funds.
On Wednesday, in a shift that symbolizes a sea change in American business, Apple's market capitalization surpassed that of ExxonMobil, making the tech firm the world's most valuable company. Here's why it happened, and what the underlying changes mean for investors.
A bruising session on Wall Street Thursday wiped more than 500 points off the Dow - its worst drop since October 2008. Driving the fear is growing concern about the possibility of another recession. Will the selloff continue Friday? It all depends on the Labor Department's employment report.
The oil industry giants are embracing alternative technologies -- including biofuels, geothermal and solar. Right now, renewable sources provide only a tiny fraction of the profits they derive from oil and gas, but they'll have a real impact on the revenues of majors like BP, Exxon Mobil and Chevron in the not-so-distant future.
An unexpected jump in claims for unemployment benefits and plummeting oil prices are driving stocks lower. Oil prices fell 5% after the IEA said it would release 60 million barrels of oil to make up for the loss of Libyan exports.
We've already shared some ideas from our readers on ways to economize, squeeze extra miles out of your tank, and find surprising discounts. In the final part of this series, we'll take a peek at some of the more unusual methods that you offer for reducing pain at the pump.
Exxon Mobil, Chevron and ConocoPhillips are all trading near multi-year highs, and even BP shares have done well recently. Still, while the high oil prices that have been pinching consumers have been great for the industry, there are good reasons not to count on those high stock values lasting.
It's too simplistic to value oil company stocks on the price of crude alone. But if oil prices are one marker, oil shares are probably rising too...
Are Mergers and Acquisitions Ready to Take Off?
Given the prospect of $4-plus gasoline this summer, what's an American to do? Beyond switching to a higher-MPG vehicle, you can consider buying some oil stocks with plenty of upside potential to help offset your pain at the pump. Here are five candidates.
Can you profit from the turmoil in the Middle East? Oil is now flirting around $100 a barrel and gold is continuing its upward trend. For investors, this could present an opportunity in oil and gold stocks. Here is the bull and bear take on three stocks that could rise on Mideast unrest.
Stocks fell for a second straight day Wednesday and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya and tech bellwether Hewlett-Packard delivered a disappointing outlook. The Dow lost 0.9%, the S&P 500 fell 0.6%, and the Nasdaq declined 1.2%.
Chevron Corp. (CVX) said Friday its fourth-quarter net income jumped 72 percent as rising fuel demand lifted oil prices and produced a sharp...
With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.
Wall Street expects the S&P 500 to tacking on an 11% gain over the next 12 months -- with lots of ups and downs along the way. That has us inclined to play defense in our 2011 picks, with an eye toward bargain stocks paying generous, sustainable dividends. Here are our top 11 for 2011:
One would think that BP's massive Gulf of Mexico oil spill this year would have given pause to the global oil industry, but that doesn't appear to be the case. Companies in the sector are planning to spend a record $490 billion in 2011, including a large amount for deep-water development.
Chevron Corp. (CVX) will buy Atlas Energy Inc (ATN) for $3.2 billion cash and $1.1 billion of assumed net debt. Acquiring Atlas will give Chevron a greater presence in the Pennsylvania%u2019s Marcellus Shale.