PPM Blog
MarketWatch First Take: Labor market may be better than we think
While the Labor Department’s survey of businesses says hiring is anemic, the household survey is showing the best employment gains in nearly five years, says Rex Nutting. View Full Article
Weekend Investor: Why housing deserves a home in your portfolio
Now may be a great time to buy a house, given that years of falling home prices and low mortgage rates have made buying a place to live more affordable than it has been in decades. And that’s not just [...]
Commodities Corner: Shale sparks natural gas revolution built to last
The story of natural gas has been a relatively happy one for consumers, a tale about a more than 75% drop from record prices nearly six years ago — with shale production playing the part of the fairy godmother, writes [...]
Continental Resources profit soars, shares jump
Shares of Continental Resources Inc. CLR rose a day after the company reported its third-quarter profit soared from the year-ago period on revenue growth and increased production. Shares climbed 4.5% to $63.50 in recent trading as crude oil and natural [...]
Microsoft updates Bing for mobile search
Microsoft Corp. (MSFT) updated its Bing search engine to deliver identical results and displays on smartphones and tablet computers, a move that comes as the software giant seeks a bigger share of the growing mobile search market. View Full Article
Centerpoint Energy third-quarter profit soars
CenterPoint Energy Inc.’s (CNP) third-quarter earnings surged nearly eightfold on large gain related to restructuring in the Texas power industry years ago, while the energy company’s adjusted profit also rose. View Full Article
El Paso posts loss on charges
El Paso Corp. (EP) swung to a third-quarter loss on charges including the deconsolidation of its Ruby pipeline project, while the natural-gas and oil producer’s El Paso Pipeline Partners LP (EPB) saw earnings rise 58%. View Full Article
Anadarko Petroleum loss widens on BP settlement
Anadarko Petroleum Corp. (APC) posted a sharply wider third-quarter loss due to a $4 billion settlement with BP PLC (BP, BP.LN) tied to last year’s Gulf of Mexico oil spill, but core earnings improved as the company reported higher production. [...]
Alaska natgas may be sold overseas: governor
Alaska Gov. Sean Parnell suggested Thursday that the state’s oil and natural gas producers should ship Alaska’s natural gas overseas rather than to the U.S. Gov. Sean Parnell said that Japan and other Asian countries may be a “better market [...]
Commodities Corner: Cross-border pipeline may change oil’s landscape
A proposed pipeline stretching from Canada to the United States may contribute to a rise in the nation’s prices for oil — and has the potential to significantly change the landscape of the market. View Full Article