Naperville-based Nalco Holding Co. swung to a profit in the second quarter on increased sales of its oil dispersant, Corexit, being used in the Gulf oil spill clean-up.
Phil Flynn talks to Advanced Econ Reporting students. Tian Huang/Medill
BY TIAN HUANG - MEDILL NEWS SERVICE
During our final trip to CME Group this quarter, we had the opportunity to speak to Phil Flynn, an energy analyst at Alaron Trading Corp. Phil was on the floor talking about oil inventories on Fox [...]
BY BENJAMIN MIRASKI, MEDILL NEWS SERVICE
From April to June, I was part of a group that tracked LDK Solar’s stock price [[LDK]] and the reasons for its movements. It wasn’t hard to see why LDK was flying during that time.
Oil prices were on a tear from [...]
BY BENJAMIN MIRASKI, MEDILL NEWS SERVICE
The June U.S. trade statistics were released Tuesday by the U.S. Census bureau, surprising most economists as the trade deficit fell to $56.8 billion. This is down from a revised May deficit of $59.2 billion. The estimate was [...]
By MARJORIE KORN, MEDILL NEWS SERVICE
Archer Daniels Midland Co. posted a decline in net earnings in its fiscal fourth quarter 2008 on Tuesday, causing its shares to drop 7 percent to just above $26 at midday, from $27.94 at the opening of trading. [...]
By MARJORIE KORN – MEDILL NEWS SERVICE
Wall Street groans when Congress gets involved in its day-to-day activities, but Main Street is applauding S. 3268, the Stop Excessive Energy Speculation Act of 2008, introduced by Sen. Harry Reid of Nevada.
The bill seeks to reduce the amount [...]