BP, Beset by Lawsuits, Set to Jump on Strong Earnings
BP is set to jump after earnings blew past expectations. The company has also been hit by 2200 new lawsuits in recent weeks, as a deadline for new oil spill claims nears.
BP is set to jump after earnings blew past expectations. The company has also been hit by 2200 new lawsuits in recent weeks, as a deadline for new oil spill claims nears.
The S&P 500 ended at an all-time high on Monday as growth-oriented stocks, including energy and technology, lead the way to the index's sixth rise in the past seven sessions.
ConocoPhillips Alaska says it will delay its 2014 plans for exploratory drilling in the Arctic Ocean off Alaska's northwest coast.
Two Arkansas residents have filed a lawsuit against ExxonMobil. They’re seeking $5 million in damages, claiming a pipeline spill has caused a permanent drop in property values.
Stocks have soared to record levels this year, but one brokerage firm says there are still plenty of profits left to mine: UBS is out with a new list of 14 favorite stocks.
Bonds yields are so low you're paying to lose money. Interest rates can't keep up with inflation. And stocks are volatile and risky. So where can you go for safe, strong returns? Meet the Master Limited Partnership, an investment vehicle that's beating the markets for those in the know.
On the one hand, the volatile stock market has some investors looking for "safety." On the other, stock market losses have led some to desperately seek fat returns elsewhere. Either way, you could wind up in trouble, because scam artists are ready to prey on the desires of both.
Ten investors survey the rubble from this week's shakeup and see opportunities everywhere. It's time to quiet those nerves and deploy your dollars to take advantage of fire-sale prices. Here's a rundown of investment ideas -- stocks, mutual funds, ETFs, and otherwise.
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.
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.
Given the uncertain prospects of the U.S. economic recovery, it's not surprising that many investors are reluctant to pour more money into stocks this spring. One lower-risk way to invest is to buy stocks that also pay decent dividends. Here are three options in the energy sector.
Cnooc, China's most visible offshore oil producer, announced record-high net profits for 2010, helping to send Asian oil shares higher.
The economy has had more than its share of trouble lately: Japan's earthquake comes on top of rising oil and food prices, political turmoil in the Middle East and a crop of government austerity measures. But investing opportunities lie hidden behind the bad news.
Skyrocketing prices don't have to bring only pain. Investors can also find some relief with investments that can benefit from oil's recent -- and likely future -- increases. Here are some ETFs and mutual funds worth considering, based on performance, risk and cost.
The Egyptian crisis has predictably stirred up energy prices, which are once again on the rise. But regardless of whether oil prices remain sharply volatile, energy stocks deserve high priority in investor portfolios. Here are some possibilities.













