Oil giants report earnings doubled

Article Abstract:

The two largest oil companies in the US have reported more than doubled earnings for 2nd qtr 2000. The stellar earnings posted by Chevron and ExxonMobile were attributed to wider refinery margins and not retail gas sales. ExxonMobile's earnings have risen by 123% from the same period in 1999 while Chevron's earnings rose by 140%. Analysts believe that hte profits may have already reached their peak with earnings growth at major oil companies expected to slow to 61% in the 3rd qtr adn 35% in the 4th qtr.

Sales, profits & dividends, Petroleum and Coal Products Manufacturing, Petroleum

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Uneasy investors wonder if it's time to cash in

Article Abstract:

There is a growing bullishness on the Wall Street in 2003 with the value of the stock market increasing $3.1 trillion after hitting bottom last October according to Wilshire Associates. The budding optimism is being balanced by a healthy dose of skepticism and caution.

Reports, Investments, Bull market, Investment management

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Bear turns a baffling 3

Article Abstract:

The bear market will celebrate its third year on Mar 24, 2003. Investors can continue to divest stocks or invest in additional stocks.

Security and Commodity Services, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Analysis, History, Cover Story, Bear market, Securities industry, United States economic conditions

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