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Featured Stocks on Today's Edition of The Analyst's Review: XOM, CVX, OXY, APA, MRO
NEW YORK (Map) - The Analyst's Review features informative interviews with Wall Street analysts on a wide range of topics including actively traded stocks, market movers, various industries, and macro economic trends affecting the market. Today's show featured an interview with Exxon Mobile Corp. (NYSE: XOM) (www.exxonmobil.com) Chevron Corp. (NYSE: CVX) (www.chevron.com) Occidental Petroleum Corp. (NYSE: OXY) (www.oxy.com) Apache Corp. (NYSE: APA) (www.apachecorp.com) Marathon Oil Corp. (NYSE: MRO) (www.marathon.com) "Typically, when you have a sharp rise in oil prices, it impacts more on independent oil and gas producing companies," Gheit said. "For example, the average gain for the large integrated oil companies was only 1 percent this year. Chevron is up only 3 percent...and Exxon, the largest oil company in the world, is down 4 percent for the year." See what else Gheit had to say about today's featured stocks by visiting http://tv.wallst.net. Click on "The Analyst's Review" to watch today's episode in its entirety. About Wall St. TV Wall St. TV (http://tv.wallst.net) is a hub for business and finance news programming that is owned and operated by WallStreet Direct, Inc., a wholly owned subsidiary of Financial Media Group, Inc. The site features breaking news from leading wire services, as well as original programming including the 3-Minute Press Show, which features interviews with public company executives on their latest press releases, WallSt.net's News Magazine, a half-hour program that also airs on the Fox Business Network and features in-depth interviews with public company executives and investment professionals, and the Analyst's Review, which features discussions with Wall Street Analysts on stocks in the news. WallStreet Direct, Inc. also owns and operates WallSt.net (http://www.wallst.net), a leading provider of timely business news, executive interviews, multimedia content, and research tools. The investment professional featured in this program and/or their firm may own securities in the companies mentioned in this program. To read our full disclaimer, and for a complete list of our advertisers, and advertising relationships, visit http://www.wallst.net/disclaimer/disclaimer.php Contact: Henry Truc Wall St. TV 1-800-4-WALLST
Boston Scientific Corp
(BSX): Boston Scientific Announces FDA Approval for New Devices to Treat Heart Failure and Sudden Cardiac Death
Chicago Mercantile Exchange Holdings Inc
(CME): CME Group Appoints Kevin Kometer as Managing Director and Chief Information Officer; James R. Krause to Retire After 23 Years of Service
Dick's Sporting Goods Inc
(DKS): Dick's Sporting Goods First Quarter Results Call Scheduled for May 22nd
MGM Mirage Inc
(MGM): 'America's Got Talent' Million-Dollar Winner Terry Fator Lands Gig on Las Vegas Strip at The Mirage
Standard Pacific Corp
(SPF): Standard Pacific Completes Extension of Bank Group Waiver |
Stocks mixed after retail sales report, spiking oil
- Wall Street turned in a mixed performance Tuesday after a fresh report on retail sales and a new oil price record told investors the same old story: The economy is hurting and costs are rising, but things could be worse. - Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp. - NEW YORK - Solid first-quarter profits from discounters Wal-Mart and TJX show that more Americans are hunting for bargains as they struggle to cover their monthly credit card payments, put food on the table and gas in the family car.
Reports: Carl Icahn considering attempt to oust Yahoo board
- Billionaire investor Carl Icahn reportedly is snapping up Yahoo stock in preparation for a possible attempt to replace the Internet company's board after the directors turned down Microsoft's $47.5 billion takeover offer.
IAC, Liberty resolve spinoff legal skirmish
- IAC/InterActiveCorp and Liberty Media Corp. say they resolved a legal skirmish regarding IAC's plans to break into several parts.
Iran report pushes oil to new record, gas jumps above $3.73
- Oil prices shot to a new record near $127 a barrel Tuesday on concerns that Iran may consider cutting crude oil production. Gas prices, meanwhile, rose to a new record over $3.73 a gallon Tuesday, and their advance shows little sign of slowing with Memorial Day weekend, the traditional start of the summer driving season, just 10 days away.
Fewer fliers for summer, but packed planes persist
- Fewer Americans are expected to fly this summer, but don't expect more empty seats as carriers park planes to help offset surging fuel costs. - Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday.
2. U.S. needs more oil drilling, not higher energy taxes
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