Fed Official's Remarks End Dow's 20-Tuesday Streak
The Dow fell 76 points, ending its streak of 20 straight gains on Tuesday, the longest such winning streak since 1968. Meanwhile the S&P 500 lost 9, and the Nasdaq dropped 20.
energy stocks
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.
S&P 500 Closes at Record, Led by Energy, Tech Shares
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 Delays Plans to Drill Off Alaska Coast
ConocoPhillips Alaska says it will delay its 2014 plans for exploratory drilling in the Arctic Ocean off Alaska's northwest coast.
ExxonMobil Sued Over Arkansas Pipeline Spill
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.
UBS Releases List of 14 Favorite Stocks
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.
MLPs: The Low-Risk, High-Yield Investment You've Never Heard Of
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.
How to Protect Yourself From Investing Scams
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.
Where to Put Your Money Now
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.
Big Oil Taking Small Steps Toward Big Renewables Profits
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.
More Gas Saving Ideas: Suggestions From Left Field
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.
Three Dividend Stocks That Are Energy Plays Too
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.
Asian Oil Stocks Head North on Cnooc's Heady Earnings
Cnooc, China's most visible offshore oil producer, announced record-high net profits for 2010, helping to send Asian oil shares higher.
Market Snapshot: What's Thriving in Battered Economy
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.
How Your Portfolio Can Profit From Higher Oil Prices
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.
As Energy Prices Heat Up, Which Stocks to Play?
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.
Will the Economic Recovery Slide on $90 Oil?
As crude prices keep inching upward, the threat to both the U.S. and global economy is clear. While OPEC says don't blame us, the Interational Energy Agencys says: "This is a wake-up call to the oil-consuming countries and to the oil producers."
Face-Off on Stocks: Electric Utility Companies [Video]
Yes, electric utilities are a mostly unloved sector among investors, even though everyone needs power. But maybe their steady and dividend-friendly shares have more appeal these days. Here's a look at three big names: American Electric Power, Constellation Energy and Allegheny Energy.
Oil Prices Fall on Fears of Slow U.S. Economic Recovery
Oil prices fell Friday in Asia after the U.S. Labor Department reported that more unemployed workers applied for aid last week. Fears that the U.S. economic recovery could be slow is keeping oil investors wary.
Oil Industry Plans Record Spending in 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.
Flowserve's Rebound From the BP Bust Could Keep Going
When the BP Gulf oil spill hit, Flowserve's stock was one of the energy plays that got hammered along with BP. But seven months later, it has risen back to it pre-disaster level. And several analysts see even better days coming.
Natural Gas Firm Exco Gets $4.4 Billion Offer to Go Private
Natural gas prices have been persistently sluggish lately, but it looks like deal-making is revving up: The latest offer comes from the CEO of Exco Resources, Douglas Miller, who has offered to buy the energy company for $20.50 per share or about $4.4 billion.
Ethanol Up, Corn Crops Down, Prices Get Volatile
Bad weather that is reducing crops yields, increasing global demand and a greater push for bio-fuels are all playing havoc with corn prices, which affect costs throughout the economy.
GE Buys Dresser for $3 Billion
General Electric said Wednesday it would buy Dresser Inc., an energy infrastructure provider, for $3 billion, the latest in a series of deals and contracts from the U.S. conglomerate.
ExxonMobil: The Oil Giant Looks Like Big Buy
The stock is trading at $60 a share -- about where it was during the March 2009 market low. Even as oil has rebounded to $74 from $40 at that time, ExxonMobil languishes. That could soon change.
Evergreen Solar Earnings: A Narrower Loss on Strong Demand
Evergreen Solar's shares spiked this morning after the vphotovoltaic solar maker reported that its second-quarter net loss shrank to $3.3 million, or 2 cents per share, from $20.6 million, or 11 cents per share, in the year-ago period. While some reported the company's loss was much smaller than Wall Street's estimated 11 cents-per-share loss, others found the comparison difficult due to the many items included in the reported figure.