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It’s time to buy Marathon Petroleum , according to Goldman Sachs. The firm upgraded the energy stock to buy from neutral. Marathon Petroleum was previously its top pick within the…
Los Angeles, CaliforniaJan. 11, 2023Flights prepare to take off at LAX on Jan. 11, 2023 after an FAA computer problem. Carolyn Cole | Los Angeles Times | Getty Images Check…
The S & P 500 may be headed for its worst yearly performance since 2008, but some stocks still outperformed this year. Recession fears increasingly weighed on the broader market…
This may be the year for active managers investing heavily in the energy space — and commodity trading advisors, known as CTAs, appear to be among the winners. Dynamic Beta…
President Joe Biden blasted oil companies Monday, suggesting he could even support a windfall profits tax. He’s right about one thing: The oil industry has been raking in impressive profits.…
Check out the companies making headlines in midday trading Thursday. Meta Platforms — The Facebook parent slumped 24.6% after issuing weak guidance for the current quarter and missing earnings estimates…
Check out the companies making the biggest moves midday: Hertz — Shares of the rental car company jumped 4.42% after the company announced a partnership with BP’s electric vehicle charging…
Visitors walk past a Boeing board during the Farnborough Airshow, in Farnborough, on July 18, 2022. Justin Tallis | AFP | Getty Images Check out the companies making headlines in…
Soaring oil and gas prices have boosted energy companies’ operations, with upstream players pacing for record-setting free cash flows. According to a new report from Deloitte, producers are on track…
Second quarter income season is nearly over and, it seems, it wasn’t essentially as unhealthy as feared. To be certain that, inflation and benefit margins stay a most sensible fear,…