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  • SeaDrill: A Great Buying Opportunity In A High-Yielding Stock [View article]
    The whole sector of off-shore drilling business is having a down trend now due to the negative perspectives of so called" Wall Street analysts". Time and again, Most off-shore drilling companies have reported better earnings and revenues for the past 3 quarters, However, they are still being punished unfairly. The consequence of the current down trend has created doubts which discourage investors from buying more shares. I strongly believe that patience and confidence are the virtue of making profit from current share prices of several off-shore companies, such as SDRL, RIG, ESV & DO. After all, the dividends of those companies are very attractive!
    Sep 2, 2014. 04:21 PM | 9 Likes Like |Link to Comment
  • Petrobras takes another government punch, Morgan Stanley downgrades [View news story]
    It seems that Brazilian government is just like a vampire sucking all the profits from PBR and its investors. PBR and its management teams are the puppies and cronies of its incompetent president, Dilma Rousseff. Without the overhaul of its management teams and board members, the future is not promising for its investors.
    Jun 25, 2014. 07:14 PM | Likes Like |Link to Comment
  • Supreme Court's Recent Decision Might Time-Bar Government Litigation Against Banks [View article]
    The justice not God who could punish whoever her wants. It really goes too far charging all major banks for billions of dollars for so called "banking frauds". The endless litigations have created negative affects on the economy of the country as a whole. In addition, thanks to the government's deregulation policy toward mortgage lending, most major banks simply followed the vague guidelines between 2002 and 2008.
    Jun 17, 2014. 04:32 AM | 5 Likes Like |Link to Comment
  • Petrobras says it raised fuel oil price by 15% last December [View news story]
    PBBR should adjust its gas and diesel price more aggressively in accordance with the market demand. It simply doesn't make sense to pay more for imported oil and sell it at a loss just because Brazil government does feel comfortable to gas and diesel price adjustment. If Brazil government want to stabilize the market there, why doesn't it compensate for the loss that PBR is suffering from instead of letting share holders suffer such a financial loss. Actually Brazil government is taking advantage of PBR share holders because most of them are not Brazilian residents!!!
    Jan 17, 2014. 01:39 AM | 2 Likes Like |Link to Comment
  • BP to fight on despite Gulf compensation setback [View news story]
    Among all the oil spills in history, BP is the company which is willing to take the full responsibility for Deepwater Horizon disaster in 2010 and offered the largest amount of compensation in dollar amount. BP is not trying to renegotiate the payment agreement but it simply fights for its right to dispute the payments to those who were initially not qualified for such a compensation.A lot of payments go to those who spent the money on"Escort Service" and other entertainments. Where is the justice?
    Jan 14, 2014. 06:34 PM | 1 Like Like |Link to Comment