ENB hits a new 52-week high, pulls back a bit. EPD edging up, near its 52-week high. The Seaway was a joint venture between ENB and EPD. Folks might remember COP sold its interest in Seaway to Enbridge about the time this expansion/reversal was announced.
BRK-B hits a new 52-week high, holding that gain.
CVX, edging up. Remember CVX comments about 4Q12 earnings.
Big names in the Bakken mostly flat today.
Government Motors slips:
General Motors lost the global sales crown once again to Toyota in 2012 as its sales grew just 2.9 percent to 9.2 million vehicles, the US auto giant said Monday.
GM, which briefly regained the crown after Toyota's supplies were shattered by the 2011 Japanese quake and tsunami, nonetheless remains at number two worldwide.
German rival Volkswagen, which aspires to be the world's biggest automaker by 2018, reported an 11 percent increase in 2012 sales to 9.07 million on Sunday.
Toyota has forecast its 2012 sales will jump 22 percent to 9.7 million vehicles.The article doesn't say: is Ford about 6 million vehicles worldwide?
Global Hunter downgrade a bunch of oil stocks today, including HK, KOG, OAS, and TPLM,
ReplyDeleteThe strength in EPD and BBEP likely comes from a bullish article in Barron's over the weekend.
Thank you. I hadn't seen the Barron's article.
DeleteIt will be an interesting earnings season, as usual.