A bankruptcy judge approves $6.9M in bonuses for Patriot Coal (PCXCQ.OB) executives and workers, overruling the objection of union members who face wage and benefit cuts. Patriot and the United Mine Workers union still await a ruling from the judge over whether the company can impose wage and benefit cuts upon its union workers and retirees. [View news story]
in bankruptcy, common shareholders are last paid, and preferrred are second to last....taxes and unpaid wages are first.....I guess exec bonuses count as wages now.
Major oil producers launch a joint program to beef up their Arctic oil spill response plan in a bid to convince the Arctic Council they are ready for large-scale development in the region. There are plenty of doubters, of course, and incidents such as BP 2010 Gulf of Mexico spill and Shell's recent problems north of Alaska with two drill ships don't help. [View news story]
there will be hardly any lawsuits if there is a spill so its a win for the oil companies, unless polar bears can hire lawyers?
Perhaps take it with a grain of salt, but a surprising 44% of consumers responding to a survey on the impact of an online sales tax say they will buy less items online if the legislation is passed into law. The number rises to 75% for the 18-year to 25-year old demographic (ZUMZ, ANF, URBN, ARO, BKE, VRA). Though seemingly a bad development for Amazon (AMZN -0.6%) and eBay (EBAY), many retail analysts thinks those shopping habits are pretty hard to break. [View news story]
With gas prices so high, it's still cheaper to buy online than driving to and from the store.
I respected your opinion until you said the Apple "ecosystem" is a disadvantage. This attribute is the very backbone of the Apple brand and it's stickiness as some call it. Can you elaborate on why what has been Apple's strongest concept will be its undoing?
Continental Resources (CLR) disclosed in February it was committing $95M to an unnamed oil pipeline, but it turns out the pipeline is a $300M project being developed by a partnership controlled by founder Harold Hamm and his family. Directors say the deal was fully vetted to avoid conflicts of interest, but investors are growing increasingly wary of close ties between energy companies and their executives. [View news story]
When will they learn investors don't approve of these sweetheart deals or anything with that possibility
Linn Energy Faces Yet Another Bear Attack [View article]
Barrons is rediculous in their price target proclaimation. If Linn was trading at $18.17/share as they feel it should, it would yield over 16%!!!!! What a joke.
Kinder Morgan Inc: Warrant Buyback Enhancement Possible [View article]
Kinder Morgan Inc: Warrant Buyback Enhancement Possible [View article]
A bankruptcy judge approves $6.9M in bonuses for Patriot Coal (PCXCQ.OB) executives and workers, overruling the objection of union members who face wage and benefit cuts. Patriot and the United Mine Workers union still await a ruling from the judge over whether the company can impose wage and benefit cuts upon its union workers and retirees. [View news story]
Major oil producers launch a joint program to beef up their Arctic oil spill response plan in a bid to convince the Arctic Council they are ready for large-scale development in the region. There are plenty of doubters, of course, and incidents such as BP 2010 Gulf of Mexico spill and Shell's recent problems north of Alaska with two drill ships don't help. [View news story]
Complete Warren Buffett And Berkshire Hathaway 1st Quarter Portfolio Update [View article]
Complete Warren Buffett And Berkshire Hathaway 1st Quarter Portfolio Update [View article]
Perhaps take it with a grain of salt, but a surprising 44% of consumers responding to a survey on the impact of an online sales tax say they will buy less items online if the legislation is passed into law. The number rises to 75% for the 18-year to 25-year old demographic (ZUMZ, ANF, URBN, ARO, BKE, VRA). Though seemingly a bad development for Amazon (AMZN -0.6%) and eBay (EBAY), many retail analysts thinks those shopping habits are pretty hard to break. [View news story]
Danger Zone For This Week: Apple [View article]
Danger Zone For This Week: Apple [View article]
Continental Resources (CLR) disclosed in February it was committing $95M to an unnamed oil pipeline, but it turns out the pipeline is a $300M project being developed by a partnership controlled by founder Harold Hamm and his family. Directors say the deal was fully vetted to avoid conflicts of interest, but investors are growing increasingly wary of close ties between energy companies and their executives. [View news story]
Endurance Specialty: Temporary Crop Problems Make The Shares Cheap [View article]
Linn Energy: Don't Believe The (Negative) Hype [View article]
Unraveling The VXX Roll Yield Riddle [View article]
Linn Energy Faces Yet Another Bear Attack [View article]
Is Ford About To Go On A Major Run? [View article]