Stocks fell sharply Tuesday after a surprise rate hike from China’s central bank and mixed quarterly earnings reports led to heavy selling in technology, materials and energy stocks.
Continue reading Dow Dives …
CNOOC, China’s top offshore oil producer, plans to buy buy one-third of Chesapeake Energy’s oil and natural gas acreage in the Eagle Ford Shale project in South Texas for $1.08 billion in cash. The companies believe the deal wi…
IBISWorld Research has uncovered five industries that managed to stay extremely profitable during 2010 — and these industries are their picks to be the most profitable for the next three years. Investors could boost their port…
How much power should shareholders have when it comes to running a company? Most corporate boards pay little attention to shareholders, but a new rule passed by the SEC may change that, allowing the people who actually own a co…
In the past month, BP shares are up 16%, outpacing both the Dow and other oil giants. Now that the worst of the oil spill is over, BP has appeal for investors as a cash-flow and profit machine with decent future prospects.
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