Ahead of the market opening, Dow Jones industrial average index futures climbed 0.2%, while the Standard & Poor's 500 index futures rose 0.2% and the Nasdaq composite index gained 0.1%.
ASK MATT: Don't freak over Ukraine news, investors
On Wednesday,the Standard & Poor's 500 finished off 0.1 of a point, down 0.01% to 1,873.81. The Dow Jones industrial average ended down 35.7 points, or 0.2%, to close at 16,360.18 and the Nasdaq composite index gained 0.1% to 4,357.97.
WEDNESDAY: Stocks narrowly mixed; Nasdaq hits 14-year high
World markets were encouraged by an apparent easing of tensions between Ukraine and Russia. Although investors will continue to watch for any signs of escalation in the simmering conflict, their eyes will also be on the monthly policy meeting of the European Central Bank on Thursday and Friday's U.S. jobs report for February.
Top 5 Performing Stocks To Own Right Now: BP p.l.c.(BP)
BP p.l.c. provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. Its Exploration and Production segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trading of natural gas, including liquefied natural gas (LNG), and power and natural gas liquids (NGL). This segment has exploration and production activities in Angola, Azerbaijan, Canada, Egypt, Norway, Russia, Trinidad and Tobago, the United Kingdom, and the United States, as well as in Asia, Australasia, South America, North Africa, and the Middle East. This segment also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing and transportation, as well as NGL extraction facilities. BP p.l.c. has interests in the Trans-Alaska pipeline system, the Forties pipeline system, the Central Area transmission sys tem pipeline, the South Caucasus Pipeline, and Baku-Tbilisi-Ceyhan pipeline, as well as in LNG plants located in Trinidad, Indonesia, and Australia. The company?s Refining and Marketing segment involves in the supply and trading, refining, manufacturing, marketing, and transportation of crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers primarily under the BP, Castrol, ARCO, and Aral brands. Its Other Businesses and Corporate segment produces and markets rolled aluminum products, as well as generates energy through wind, solar, biofuels, hydrogen, and carbon capture and storage sources; and engages in shipping activities. The company was founded in 1889 and is headquartered in London, the United Kingdom.
Advisors' Opinion:- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, integrated oil giant BP (NYSE: BP ) has earned a respected four-star ranking.
- [By Sean Williams]
An ongoing case of finger-pointing
The demand for oil and natural gas is only rising, yet the methods by which companies are extracting oil and gas are under as much scrutiny as ever. Much of this, especially in the U.S., can be tied back to the BP (NYSE: BP ) Macondo well oil spill in 2010. The first phase of an ongoing trial to determine fault and who is truly responsible for spilling some 200 million barrels of crude into the Gulf of Mexico wrapped up this week. Halliburton is one of the companies implicated in the trial, since both it and Transocean (NYSE: RIG ) were contracted out to provide servicing and equipment on the well. Transocean provided the workers and rig itself, while Halliburton provided the cement seal around the well. The outcome of this case could certainly put an unwelcome dent in the balance sheets of any of these three companies if they're found guilty of any wrongdoing. - [By The Specialist]
I have been recently covering the past, current, and future economic damage to BP (BP) due to the business economic loss portion of its settlement. Based on my analysis, it appears the settlement amounts are starting to spiral out of control. Not surprising, BP launched what looks like a dirty offensive this week that comes off at least to me like a two-fold desperate panic attack strategy consisting of harassing hundreds of lawyers with empty, baseless threats while trying to invoke guilt and sympathy from the public.
- [By Alex Planes]
The discovery of the Prudhoe Bay oilfield the following decade turned Alaska into a natural-resource powerhouse. The state's importance to American energy interests proved so acute during the OPEC oil embargo of 1973, that President Richard Nixon authorized the construction of a Trans-Alaska Pipeline within months of the embargo's enactment. BP (NYSE: BP ) , which now owns Richfield (Richfield became ARCO in 1966�), also owns nearly half of the Trans-Alaska Pipeline System, which has successfully transported over 17 billion barrels of oil since it came online. All told, Alaska itself has earned over $160 billion in oil revenues since it became a state in 1959.
Hot European Stocks To Own Right Now: STMicroelectronics N.V.(STM)
STMicroelectronics N.V., an independent semiconductor company, engages in the design, development, manufacture, and marketing of a range of semiconductor integrated circuits and discrete devices. Its products include discrete and standard commodity components, application-specific integrated circuits, custom devices and semi-custom devices, and application-specific standard products for analog, digital, and mixed-signal applications. The company also offers subsystems and modules for the telecommunications, automotive, and industrial markets comprising mobile phone accessories, battery chargers, ISDN power supplies, and in-vehicle equipment for electronic toll payment, as well as provides Smartcard products. Its products are used in various microelectronic applications consisting of automotive products, computer peripherals, telecommunications systems, consumer products, industrial automation, and control systems. The company sells its products through distributors and ret ailers. STMicroelectronics N.V. was founded in 1987 and is headquartered in Geneva, Switzerland.
Advisors' Opinion:- [By ICRAOnline]
Revenue for the last quarter stood at $73.4 million, up 27.9% from the year-ago quarter. This was primarily driven by the growth in memory technology licensing, coupled with impressive performance of its security technology licensing business. During the quarter, Rambus also signed new licensing agreements with tech giant Samsung Electronics, Micron Technology (MU), STMicroelectronics (STM), LSI Semiconductor (LSI) and SK Hynix. However, the company�� LED lighting business failed to make any significant contribution.
Hot European Stocks To Own Right Now: Fresenius Medical Care Corporation (FMS)
Fresenius Medical Care AG & Co. KGaA, a dialysis company, provides products and services for patients with chronic kidney diseases. As of May 12, 2011, it provided dialysis care services to 216,942 patients through its network of 2,769 dialysis clinics primarily in North America, Europe, Latin America, the Asia-Pacific, and Africa. The company also develops and manufactures various dialysis products, including hemodialysis machines, dialyzers, hemofilters, dialysis fluid filters, tubing systems, fistula needles, dialysis related equipment, acute hemodialysis machines, plasma filters, acute tubing systems and cassettes, catheters, and related disposable products for chronic hemodialysis, acute therapy, home therapy, and therapeutic apheresis, as well as dialysis drugs. In addition, it provides laboratory services. Fresenius Medical sells its products through distributors. The company was founded in 1996 and is headquartered in Bad Homburg, Germany.
Advisors' Opinion:- [By John Udovich]
Small cap dialysis stock Rockwell Medical Inc (NASDAQ: RMTI) looks set to decline when the market opens after Brean Capital initiated coverage with a sell rating and a price target of $4.00, meaning it might be time to take a closer look at what is going on with the stock along with�the performance of large cap dialysis stocks DaVita Healthcare Partners (NYSE: DVA)�and Fresenius Medical Care (NYSE: FMS) along with small cap dialysis stocks NxStage Medical, Inc (NASDAQ: NXTM).�
- [By Ben Eisen]
DaVita (DVA) �gained 8.9% and Fresenius (FMS) �rose 7.2%.
- [By Johanna Bennett]
Dialysis provider DaVita Healthcare Partners (DVA) soared almost 8.9% to close at $61.55 after the market learned that Medicare funding cuts would come in lower than expected. Rival Fresenius Medical Care (FMS) rose 7.2% on the same news.
- [By Johanna Bennett]
The Centers for Medicare and Medicaid decided today to cut government payment to dialysis clinics. So why did share prices for DaVita HealthCare Partners (DVA) and rival Fresenius Medical Care (FMS) rise so steeply today?
Hot European Stocks To Own Right Now: TotalFinaElf S.A.(TOT)
TOTAL S.A., together with its subsidiaries, operates as an integrated oil and gas company worldwide. The company operates through three segments: Upstream, Downstream, and Chemicals. The Upstream segment engages in the exploration, development, and production of oil and natural gas. It also involves in the transportation, trade, and marketing of natural gas and liquefied natural gas (LNG), as well as in LNG re-gasification and natural gas storage operations. In addition, this segment engages in the shipping and trade of liquefied petroleum gas (LPG); power generation from gas-fired power plants, nuclear, or renewable energies; production, trade, and marketing of coal, as well as in solar power systems and technology operations. As of December 31, 2010, it had combined proved reserves of 10,695 Mboe of oil and gas. The Downstream segment involves in refining, marketing, trading, and shipping crude oil and petroleum products. It also produces a range of specialty products, s uch as lubricants, LPG, jet fuel, special fluids, bitumen, marine fuels, and petrochemical feedstock. This segment holds interests in 24 refineries located in Europe, the United States, the French West Indies, Africa, and China, as well as operates a network of 17,490 service stations. The Chemicals segment produces base chemicals, including petrochemicals and fertilizers, as well as engages in rubber processing, resins, adhesives, and electroplating activities. TOTAL S.A. was founded in 1924 and is based in Paris, France.
Advisors' Opinion:- [By Arjun Sreekumar]
Given current oil prices, that means several projects are barely profitable, leading some oil sands operators to reconsider new ventures. For instance, Suncor Energy (NYSE: SU ) , one of the largest oil sands producers by output, has been mulling over the profitability of three mining-related ventures jointly proposed with French oil major Total (NYSE: TOT ) .
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