Recent Articles
Fossil Fuel Subsidies Far Outstrip Renewable Incentives
It's fair to ask why on earth should the governments spend a dime on subsidizing fossil fuels while at the same time spending money to reduce (and eventually eliminate?) the use of fossil fuels? The answer to that question is partly based on demographics.
Earnings Improve for Health Care Providers Humana and HealthSouth
Health care providers Humana Inc. (NYSE: HUM) and HealthSouth Corp. (NYSE: HLS) both posted earnings today that topped Wall Street expectations.
HSBC Earnings Way Up as Bad Debts Way Down
The earnings report from HSBC Holdings (NYSE: HBC) came out very strong this morning. The UK-based bank reported first half profit before tax of $11.1 billion, up 121% from the first half of 2009.
Big Oil Companies Strike Money in Earnings
Growing production, higher prices, and better refining margins all contributed to growth in the quarter. No surprises here. Share prices for both Exxon and Shell are up about 1% in early trading.
Newmont (NEM) Tries to Become a Dividend Story
Gold prices have had a good year, rising some +25%. In the last month though, gold has dropped about -8% from its peak and could fall further. Lower levels of fear for a 'double-dip' recession is the driver of lower gold prices.
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