Orbitz Worldwide talks Cuba following U.S. Treasury Department amendments

Jan 15 2015 @ 14:41
Follow high-level change in diplomatic relations Online travel company Orbitz Worldwide (NYSE:OWW) today welcomed the Department of the Treasury’s amendments to the Cuban Assets Control Regulations, which will facilitate travel to Cuba for authorized purposes and enable travel service providers to sell authorized travel without the need for specific licenses from the Office of Foreign...

Another Reason Why Obama Is Bad for the Economy

Jan 14 2015 @ 14:08
If Americans can hold out for just two more years, the Obama administration will be gone and the U.S. will be much more able to prosper economically once again. The only hope for the U.S. right now is the Republican majority in both houses of Congress. Obama’s overriding concerns for subjecting the United States to […]

Are You Kidding Me, Mr. Osborne?

Dec 15 2014 @ 15:20
I had come to have a modicum of admiration (that’s about as much as I can muster for a politician or a banker) over the past few years. But today, either someone slipped him a stupid pill or he is doing his imitation of Barack Obama (moving his lips and expecting people to believe the […]

BP respond to US Supreme Court

Dec 08 2014 @ 15:50
++ BREAKING NEWS ++ Geoff Morrell, BP America’s Senior Vice President of U.S. Communications and External Affairs, issued the following statement today in response to the United States Supreme Court’s denial of BP’s request to review the Fifth Circuit decisions relating to the compensation of claims for losses with no apparent connection to the Deepwater […]

It's Not Just About the Oil

Dec 03 2014 @ 13:14
There is a human tendency – we all have it – to forget the bigger picture when a singular matter is making headlines. Whilst I obviously believe the recent news regarding oil production and pricing is BIG (this is my fourth ¬†consecutive¬†¬†article on the subject), I feel compelled to remind us all that it’s not […]

"Obama Is an Economic Know-Nothing" Says John Bolton

Nov 18 2014 @ 17:17
U.S. President Barak Hussein Obama promised “hope and change” in 2008. It has become clear to most Americans that there is now no hope of stopping him from imposing his personal agenda of change on the entire country, whether it’s in the best interest of the country or not. The self-proclaimed student of the United […]

TransAtlantic completes Stream Oil & Gas acquisition

Nov 18 2014 @ 16:55
Have you acquired interest to invest? TransAtlantic Petroleum (NYSE:TAT) (TSX:TNP) announced today the successful completion of its previously announced acquisition of Stream Oil & Gas Ltd. (TSX-V:SKO). The Company also announced Douglas Nester as its Vice President of Albania. Effective today, TransAtlantic closed the acquisition of all of Stream’s outstanding common shares in...

Halliburton & Baker Hughes Up On Merger Talks

Nov 13 2014 @ 17:40
Four o’clock in the afternoon is a favorite time of the day for the executives of U.S.-listed companies to make major announcements. And when they do, they can generate a flurry of activity from the trading floor to the front page. Technically, there has been no major announcement from either Halliburton (NYSE:HAL) or Baker Hughes […]

BHP Billiton Tests U.S. Export Law

Nov 05 2014 @ 17:15
BHP Billiton (LSE:BLT) apparently ascribes to the policy of “Don’t ask for permission. Ask for forgiveness.” Reasonble certain that their legal department has found a loophole in a long-standing ban on export of U.S. crude oil, the Anglo-Australian energy giant has set in process a plan to act without permission. That could be risky business. […]

What's the Yellen About at the Fed?

Oct 29 2014 @ 17:53
U.S. markets took a downturn today following the release of its monthly monetary policy review findings and actions. The S&P 500 dropped off by 0.14% to 1,982.30. The Dow closed at 16,974.31, down .18%. The Nasdaq took the biggest hit at 4,549.23, down 0.33%. Today’s report was not the end of the world as some […]
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