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Plains Exploration & Production Company (PXP) is trading lower today after the California State Assembly failed to approve legislation that would allow the company’s T-Ridge project to move forward. The project uses an existing platform and facilities off the Santa Barbara Coast to access oil and gas reserves.
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Video Length: 0
Date Found: July 27, 2009
Date Produced: July 27, 2009
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August 17, 2009
Lowe’s, the number two home improvement retailer said Monday morning second quarter earnings fell 19 percent. Profits fell to $759 million, or 51 cents per share, as compared to 64 cents per share last year.
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August 17, 2009
Health insurance stocks are heading higher this morning after months of being pushed lower by concern about what the future of President Obama’s health care plan will hold.  The market has been worried that in an environment where the public sector could determine the fate of ...
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August 14, 2009
While Southwest Airlines (LUV) had the highest bid going into today’s auction, the Dallas-based airline's bid came with conditions that could not be met before the auction.  Southwest Airlines' bid was contingent upon the Pilots Association from Frontier ...
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 Market News Video |
August 14, 2009
This morning, Bank of America / Merrill Lynch upgraded shares of Citigroup (C) two notches, from Sell to Buy as the firm sees credit quality stabilizing.  Furthermore, analysts at the firm believe the overhang of newly-issued shares is behind them and there is limited downside ...
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 Market News Video |
August 14, 2009
Some results from the entertainment sector this morning.  Blockbuster (BBI) second quarter results were more along the lines of just buster.
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