Increasing number of Americans in favor of offshore drilling
Offshore drilling has been stirring controversies for what now seems like forever. The undeniable fact is that it has many opponents. No one can hide that. There is, however, one other undeniable fact – every single one of these objectors somehow, in one way or another, benefits from offshore drilling. With other green power sources still in their developmental stage it is virtually impossible to remove oil and gas from all industries, especially aviation and transportation. Modern fleet and smart management team – a platform...
NYSE-NASDAQ Rivalry Continues as Texas Instruments leaves the Big Board
One does not need to be a sports fan to know that rivalries are just a part of the game. They know a thing or two about it in New York where antagonism towards teams like the Devils, Red Sox, Patriots, or Celtics just hangs in the air. The city, however, is also home to a completely different, more subtle rivalry that goes on in downtown Manhattan where the stock exchanges, particularly NYSE and NASDAQ, compete for companies. Exchanges not all about the money… Chris...
Vantage Drilling Company
Today we would like to bring to your attention a high risk, but potentially high reward stock: Vantage Drilling Company (NYSEAMEX:VTG). Vantage Drilling is an international offshore drilling company focused on operating a fleet of modern, high specification drilling units, through which they provide offshore contract drilling services to major, national and independent oil and natural gas companies, focused primarily on international markets. Their principal business is to contract drilling units, related equipment and work crews to drill oil and natural gas wells on behalf...
Super Bowl Indicator, or Why Root For National Football Conference Teams
The next time when somebody asks you why are you so desperate to watch the Super Bowl, tell them that it is because the final score can make or break your investment portfolio. Wait, what? You probably wonder if this going to be one of those Top 10 excuses why you should watch the Super Bowl with your pals articles. Well, no, and you should probably read it regardless if you are a sports fan, an investor, or both. Go National Football Conference teams! The...
Dozens of Thousands to Lose Wall Street Jobs
Even though it would be a misstatement to claim that Wall Street is in bad shape, the financial sector is not having its best period either. The overall atmosphere on the market and the numbers clearly show that 2011 was not as bad as 2008. Unfortunately, for the biggest names in the industry it was harsh enough to make decisions that are never easy: layoffs. Almost all the big banks, including giants like Bank of America, Citigroup, Goldman, and Morgan Stanley announced that they will...
