With crude trading near all-time highs, the conventional wisdom is energy firms should be making record profits. Read More
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Agriculture is a booming business, with corn and wheat prices soaring and foodstuffs becoming generally more expensive. That’s largely due to two factors... Read More
The Babcock & Brown/Coinmach Service Corp deal should close later this month or early in December. Read More
Dominion Resources, Southern Co, TEPPCO Partners and Verizon Communications posted third quarter earnings that topped consensus projections. Read More
Hercules Offshore reported expectations-beating third quarter results; profit jumped 63 percent to $48.4 million on the strength of the company’s acquisition of Todco. Read More
Valero Energy is the largest independent refining firm in North America and derives almost all of its revenues from that business. Read More
US stocks struggled to hold on to gains throughout today’s trading session. Despite positive economic data, including a 0.2 percent increased in retail sales, the market closed in the red following a late-session selloff. Read More
We’ve been fielding a lot of calls on company specific news over the past few days. As always, any company specific news pertaining to PF holdings will appear at the end of the Market Update (above the Big Movers chart) each day. Read More
Bargain hunters helped US stocks rally back to black in early trading today before retreating back into negative territory as the technology sector selloff continued. The Dow Jones Industrial Average dropped 55.19 points, or 0.42 percent, to close at 12,987.55... Read More