Archive for August 2011
Exxon landed a big deal with Vladimir Putin. Should shareholders be concerned?
Business and financial news – CNNMoney.com
U.S. stocks were solidly higher Wednesday, on the last day of what has been a volatile month for investors, as they digested several economic reports on the labor market and manufacturing.
Business and financial news – CNNMoney.com
If the Obama administration really wants to save the housing market, it should speed up the foreclosure process — not prolong the inevitable, experts say.
Business and financial news – CNNMoney.com
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Exxon in Arctic deal with Russian oil giant
No comments · Posted by Crazy Pennys in Stocks News
ExxonMobil is making a big move into the Russian Arctic. The U.S. oil company entered into a partnership with Russian oil giant Rosneft Tuesday, giving Exxon access to vast Arctic oil deposits and Rosneft a leg up in cutting-edge oil technology.
Business and financial news – CNNMoney.com
Even in this economy, these 10 go-getters are bringing home six figure salaries from jobs you may not expect.
Business and financial news – CNNMoney.com
Investors were more optimistic Tuesday afternoon after the Federal Reserve’s minutes from its most recent meeting indicated that some Fed members favored more stimulus.
Business and financial news – CNNMoney.com
The price of U.S. oil has dropped nearly 25% since hitting its highs this spring, yet gasoline is down just 10%. So a big drop should be coming, right?
Business and financial news – CNNMoney.com
30
Beware of Wall Street’s latest ‘safe’ investment
No comments · Posted by Crazy Pennys in Stocks News
Given the wrenching market volatility in recent weeks, the idea of shielding your portfolio from a big decline while still being able to profit from future gains sounds mighty appealing. That’s the promise of the so-called structured note, a product that’s been popular with institutional investors for years. Now Wall Street is aggressively marketing these notes to individual investors. And retail sales of structured notes are booming: They increased by 46% in 2010 to a record .4 billion, according to Bloomberg, and are on track to be up again sharply in 2011.
Business and financial news – CNNMoney.com
30
Greek bailout must go forward, EU proclaims
No comments · Posted by Crazy Pennys in Stocks News
Amid worries that the latest bailout for Greece could unravel, Eurogroup President Jean-Claude Juncker said Monday that Finland’s call for collateral will not stop the rescue effort.
Business and financial news – CNNMoney.com
