Phillips66 steers away from gasoline business

Source: MarketWatch

Want to see how this story relates to your portfolio? Just add items to create a portfolio now: NEW YORK (MarketWatch) — Phillips 66, a brand forever linked to gas stations, is turning in a different direction in its lates ...
Full article at: MarketWatch  More like this  2 days ago, 4:33pm CDT

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Buzz on the Street: Stocks Grind Through the European Abyss

Source: Minyanville

MINYANVILLE ORIGINAL All day and every day, some of the stock market's best and brightest traders and money managers share their ideas, insights, and analysis in real-time on Minyanville's Buzz ...
Full article at: Minyanville  More like this  2 days ago, 1:49pm CDT

The 5 Biggest Mistakes Ever Made By Nintendo

Source: N4G

Nintendo is an incredible company – they essentially invented the modern videogame market, are responsible for the most recognizable figures in gaming, and have always pushed innovation when they could simply rest ...
Full article at: N4G  More like this  3 days ago, 5:28pm CDT

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Review Of Analyst Upgrades This Week - Part V

Source: Seeking Alpha

Analysts have been sending out research reports to clients again this week. The following is a review of the most important upgrades for the week of May 7 till May 11. Credit Suisse raised its advice for Illumina (ILMN) from neutral to outperform ...
Full article at: Seeking Alpha  More like this  3 days ago, 4:55pm CDT

ConocoPhillips And Phillips 66 Stand Apart From Peers

Source: Seeking Alpha

ConocoPhillips (COP) began trading as an independent exploration and production firm on May 1, after completing the spin-off of its downstream assets into a new company, Phillips 66 (PSX). Considering that this is th ...
Full article at: Seeking Alpha  More like this  4 days ago, 1:13pm CDT

TSR Release 4 Great Value Spinoff Stocks, 2012 Spinoff Calendar

Source: iStockAnalyst

Spinoff investors like Bill Ackman, Dan Loeb, John Malone, John Paulson, Joel Greenblatt, Warren Buffett and David Einhorn understand the returns Corporate Spinoffs create. TSR released their Idea Generator ...
Full article at: iStockAnalyst  More like this  4 days ago, 12:58pm CDT

Clarifying Phillips 66's Dividend Policy And Tax Basis

Source: Seeking Alpha

In past articles I've received a lot of questions about Phillips 66's (PSX) dividend policy and the tax basis in the comments, particularly since Phillips 66 is a relatively new stock. The article clarifies both issues. The dividend yield on the new ...
Full article at: Seeking Alpha  More like this  5 days ago, 12:29pm CDT

Gasoline in U.S. Northwest Tumbles After BP Resumes Production

Source: Bloomberg.com

Spot gasoline in Portland, Oregon, tumbled to the lowest level against futures in almost two weeks after BP Plc (BP/) resumed production at the Cherry Point oil refinery in Washington following a three-mont ...
Full article at: Bloomberg.com  More like this  6 days ago, 4:09pm CDT

Comment on Remembering a Rhône event, 22 years ago today by Phil C.

Source: Steve Heimoff

Steve, I’ve had a somewhat casual interest in Rhone varieties for a few yrs, so would offer up a few comments. Though I wasn’t at that event, I think you may be overdramatizing the potential for conflict between the Fren ...
Full article at: Steve Heimoff  More like this  6 days ago, 3:10pm CDT