It was a week where both oil and gas prices turned lower. On the news front, U.S. supermajor Chevron Corporation CVX started production at its giant Wheatstone LNG project in Western Australia, while energy pipeline and logistics …
Mohawk Industries (NYSE:MHK): The stock is upgraded to Outperform from Neutral at Credit Suisse. Phillips 66 (NYSE:PSX): Shares are boosted to Buy from Hold at Deutsche Bank. Portland General Electric (NYSE:POR): …
Nadeem Naqvi, managing director of Pakistan Stock Exchange told Reuters the introduction of derivatives, as well as plans for listing of infrastructure bonds, were part of efforts to boost liquidity in the market and lure foreign investors. The PSX
Buffett's annual letter to shareholders released on February 25 included this list of Berkshire Hathaway's 15 most common stock investments that had the most value as at the end of last year. It excludes Kraft Heinz, as this investment is …
The dramatic fall in oil prices over the last six months has ravaged the oil and gas sector and Phillips 66 (PSX) was not immune to the selling pressure. The stock fell steadily between September and January. PSX is once again moving in …
HOUSTON--(BUSINESS WIRE)--The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 70 cents per share on Phillips 66 common stock. The dividend is payable on Sept. 1, 2017, to shareholders of record as of …
Recently, ConocoPhillips announced a 5.8% increase in its quarterly dividend, which is the second hike since the spin-off of its downstream operations in 2012 to form Phillips 66 (NYSE: PSX). This reflects ... is not the only stock looking up …
The Saturn claimed to have sold 400,000, but research has shown that number to be misleading. The PSX sold through (to customers) 97% of its stock, while many Saturns were still sitting on the shelves. These misleading numbers were to …
IGN19y
A Chinese-led consortium has successfully bid to buy a 40 percent strategic stake in Karachi-based Pakistan Stock Exchange (PSX), according to an announcement of the Shanghai Stock Exchange (SSE). This is the first time for a …