russia posts
FeedPosted Mar 30th 2011 5:30PM by Jason Raznick (RSS feed)
Filed under: Exxon Mobil (XOM), Russia, BP p.l.c. ADS (BP), Oil
BP's (BP) headache continues over its planned share swap with Russian-owned Rosneft. According to a report from Sky News, the Association of British Insurers (ABI) announced its concerns over the impact of the swap. ABI reportedly controls 10% to 15% of the U.K. stock market.
ABI's reservations also include a Swedish court's decision to block BP's planned venture with Rosneft in the Arctic. Perhaps most concerning of all -- and not just to ABI -- is Wednesday's report announcing that U.S. prosecutors are considering manslaughter charges against BP for its Gulf of Mexico oil spill. Eleven oil workers were killed as a result of the spill.
Continue reading With BP's Problems, Who Enters the Void?
Posted Sep 20th 2010 10:00AM by Connie Madon (RSS feed)
Filed under: Major Movement, International Markets, Russia, Market Matters, Canada, Commodities, Agriculture

The grain markets are highly weather dependent. The slightest whisper of a weather change can move grains by large magnitudes. And with crops in Canada and China in danger of freezing, some grains recorded two-year highs.
Western Canada experienced frost last week, damaging the region's crops, including wheat, canola and barley. Similarly, parts of China also experienced freezing weather, threatening some grain crops there. Meanwhile, in Russia, the severe drought, which caused the country to ban wheat exports, is continuing. Russian farmers have planted 39% less winter grains this year,
according to Bloomberg.
Continue reading Corn, Wheat and Soybean Prices Surge Higher on Weather Problems
Posted May 26th 2010 6:00PM by Michael Fowlkes (RSS feed)
Filed under: International Markets, Good news, Russia, Middle East, Economic Data, Oil, Housing, Recession, Financial Crisis

Oil prices have rebounded from yesterday's sell off, despite a
larger than expected increase in oil inventories last week.
As we noted yesterday, analysts were expecting to see a 250,000 barrel increase in reserves last week, but the Department of Energy reported today that inventories actually rose by a much greater 2.4 million barrels.
Continue reading Oil Prices Rebound Despite Bearish Inventory Report
Posted Mar 16th 2010 12:00PM by Sheldon Liber (RSS feed)
Filed under: Rants and Raves, Exxon Mobil (XOM), Venezuela, Avon Products (AVP), Colgate-Palmolive (CL), Procter and Gamble (PG), Kimberly-Clark (KMB), CEMEX S.A.B. de C.V. (CX), Currency

It is mind boggling that Hugo Chavez, the authoritarian President of Venezuela is racing towards a mock socialist political system when the two largest socialist regimes in the world, China and Russia, have done the opposite. Even our long standing communist adversary (now trading partner) Vietnam entered the 21st Century on a capitalist influenced spring loaded economic boom.
BusinessWeek reports in its latest edition that the
Chavez government has been taking privately held supermarkets under government control:
Continue reading Hugo Chavez Racing Toward Economic Peril
Posted Jul 21st 2009 6:00PM by Michael Fowlkes (RSS feed)
Filed under: Before the Bell, International Markets, Earnings Reports, Analyst Reports, Forecasts, Products and Services, Competitive Strategy, PepsiCo (PEP), China, Russia

So far this has been a pretty decent earnings season, and soft drink giant
PepsiCo, Inc. (NYSE:
PEP) gets its turn to impress Wall Street tomorrow morning when it
releases its second quarter numbers.
The company will be announcing its second quarter earnings before the market opens tomorrow, and analysts are expecting to see earnings of $1.00 a share from the world's second largest beverage maker. For the same period last year PepsiCo posted earnings of $1.03.
Continue reading PepsiCo earnings preview
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