Friday, November 20th, 2009

Posts Tagged ‘ Global Economic Slowdown ’

U.S. Crude Stocks Rise Unexpectedly

Aug 26th, 2009 | By Contrarian Profits | Category: Financial News, Oil Investment & Alternative Energy

Oil fell to near $71 a barrel on Wednesday, extending hefty losses from the previous session, as rising stockpiles of U.S. crude outweighed positive economic data.



Global Slowdown and Plunging Profits Have ‘Big Oil’ Companies Searching for Ways to Rebound

Jul 31st, 2009 | By Bob Blandeburgo | Category: Oil Investment & Alternative Energy

In late January, Exxon Mobil Corp. (NYSE: XOM), the world’s most ubiquitous oil giant, capped off a whipsaw year in the global oil markets by reporting net income of $45.2 billion, an all-time record for corporate profits that shattered the former record it had set a year before.



Basic Metals Not Ready for Primetime

Feb 17th, 2009 | By Andrew Gordon | Category: Financial News

Demand is way down for iron ore and the negotiated price between China and its major suppliers is due for a big hit. Last year the price almost doubled. This year could see prices almost cut in half.



Obama Administration Must Revive Shadow Financial System

Feb 11th, 2009 | By William Patalon III | Category: Financial News

To ease the ongoing credit crisis and get banks lending again, the Obama administration realizes that it first has to resuscitate the “shadow financial system” that’s dominated by hedge funds and other large-scale private investors.



Sowing the Seeds

Jan 23rd, 2009 | By Puru Saxena | Category: Financial News

The current economic conditions certainly do not provide any comfort for investors. So, if the economic news remains poor for the foreseeable future, should investors rule out the potential for a significant recovery in asset prices?



Oil Drops Below $43 Before US Inventory Report

Jan 22nd, 2009 | By Contrarian Profits | Category: Financial News, Oil Investment & Alternative Energy

U.S. crude, gasoline stocks seen rising in EIA report… China slows sharply in Q4; BOJ warns of deflation…  U.S. stocks fall; Microsoft earnings miss forecasts.



Dollar Up vs Yen, Down vs Euro in Thin Holiday Trade

Dec 22nd, 2008 | By Contrarian Profits | Category: Financial News

Dollar up vs yen as BOJ warns of further export woes…  Euro gains broadly; doubts about U.S. auto bailout loom… Market expects ECB rate cut; policy-makers seem divided



Oil Trims Gains as U.S. Inventories Rise

Dec 10th, 2008 | By Contrarian Profits | Category: Financial News

U.S. weekly inventory report shows fuel stock rise sharply… Year-on-year rise in U.S. gasoline purchases- Mastercard… Russia says OPEC to make “significant cuts”



Oil Falls Below $53 After OPEC Defers Output Cut

Dec 1st, 2008 | By Contrarian Profits | Category: Financial News, Oil Investment & Alternative Energy

Oil down more than $2 after no cut from OPEC… OPEC to discuss 1 to 1.5 mbpd cut later in December… Saudi Arabia cites $75 a barrel as “fair price”



Hot Stocks: Despite Lowered Target, Vale (RIO) Still Poses Potential 59% Gain

Nov 18th, 2008 | By Money Morning Staff | Category: Financial News, International Investing

Riddle me this: When is it good news when an analyst slashes his price target for a stock by 55%? Answer: When that “reduced” target price still represents a 59% gain. That’s precisely the scenario facing Companhia Vale do Rio Doce (ADR: RIO), the world’s biggest iron-ore producer.