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February 2012
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Archive for the Infrastructure Category

Crude Oil Supplies Rise -

According to the U.S. Energy Information Administration, crude oil supplies rose by 5 million barrels last week.  In addition, gasoline inventories rose 3.6 million barrels and distillates increased by 4 million barrels.  All of the inventory increases were well above analyst expectations.  A significant drop in demand levels was a factor in the supply figures.  Crude oil was trading near the $100 dollar mark on Wednesday.

To read a related Reuters article, please click here:

http://www.reuters.com/article/2012/01/11/us-markets-oil-idUSTRE7AD06820120111

Jim Sutliff

Bernanke Meets With Republican Senators -

On Wednesday, Federal Reserve Chairman Ben Bernanke met with Republican Senators to discuss the European Union sovereign debt crisis.  According to GOP Senators, Bernanke indicated that the European debt crisis could significantly impact the American economy.  The Euro fell below $1.30 in afternoon trading.

To read a related CNN Money article, please click here:

http://money.cnn.com/2011/12/14/news/economy/bernanke_europe_senate_gop/index.htm

Jim Sutliff

Manufacturing Slows -

According to the Institute for Supply Management, national factory activity fell to the lowest level since July 2009.  The index came in at 50.9 which was four points lower than economists had expected.  The report sent stocks lower and the Dow Jones was down more than 100 points in mid-day trading.

To read a related Reuters article, please clcik here:

http://www.reuters.com/article/2011/08/01/us-usa-economy-idUSTRE7662I420110801

Jim Sutliff

MarketWatch Conference -

A recent MarketWatch article on investing tips for alternative assets discussed viewpoints of money managers.  Money managers at a MarketWatch conference stated that emerging markets will lead to further growth in commodities.  The market demand for products will cause the demand for raw materials to increase and will drive up the cost of gold, silver and other materials.

To read the MarketWatch article. please click here:

http://www.marketwatch.com/story/digging-for-value-in-gold-silver-commodities-2011-05-10

James Sutliff

Municipal Bond Tax Exempt Proposals -

Municipal bonds are facing proposals that would eliminate their tax exempt status.  Republican Paul Ryan submitted a budget proposal that was aimed at lowering the deficit but also would end municpal bond tax exemption.  It is not likely that municipal bonds will lose their tax exempt status because of the effect it would have on the issuers. 

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-06-02/municipal-bonds-likely-to-remain-tax-exempt-bny-mellon-says.html

Jim Sutliff

Exxon Mobil (XOM) Lands Drilling Permit -

Exxon Mobil landed a deep-water drilling permit in the Gulf of Mexico.  The permit  will allow Exxon to drill in the Keathley Canyon Block 240 miles off the coast of Louisiana.  The Bureau  of Ocean Energy Management, Regulation and Enforcement started to issue permits again for deep water drilling.  Currently, crude oil is over $100 a barrel and more drilling could help to ease market concerns.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-03-22/exxon-mobil-wins-u-s-permit-to-drill-in-deep-waters-of-gulf.html

Jim Sutliff

Nasdaq Bid For NYSE -

Reports indicate that Nasdaq is close to making a bid for the New York Stock Exchange.  Nasdaq may require financing of $5 billion in new debt for the transaction.  The deal would make Nasdaq the leader in trading of U.S. stocks and could face antitrust review. 

To read a related Wall Street Journal article, please click here:

http://online.wsj.com/article/SB10001424052748704893604576200832791522972.html

Jim Sutliff

Copper Nears $10,000 -

Copper continued to rise and is near $10,000 per metric ton.  In recent trading on the London Metals Exchange,  copper with a 3 month delivery date was trading at $9,860.  Demand for copper has increased as the economic outlook has improved in America and China.  Recently, stockpiles of copper have fallen for the first time since 2004.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-02-02/copper-may-extend-record-run-to-10-000-per-ton-as-recovery-accelerates.html

Jim Sutliff

Buyouts -

Thomson Reuters has a site specifically for leveraged and managed buyouts.  The Buyouts site provides news and analysis on deals, data, and funds.  Upcoming buyout conferences and events are also showcased on the site.   

To visit the Buyouts site, please click here:

http://www.buyoutsnews.com/

James Sutliff

Renewable Energy Credits -

Bloomberg has an article on renewable energy credits that discusses their operation and lack of popularity.  Renewable energy credits have been a marginal public relations success but have failed to be a significant revenue generator. 

To read the Bloomberg Markets article, please click here:

http://www.bloomberg.com/news/2010-12-07/renewable-energy-credits-prove-inflated-with-green-claims-seen-as-hot-air.html

James Sutliff

Solar Outlook -

VentureBeat has an article that discusses the outlook for the solar power sector in America.  The article provides funding statistics, public support numbers, and current production figures.  A comparison with Germany is mentioned to highlight the success that subsidies have had in the German solar market. 

To read the VentureBeat article, please click here:

http://venturebeat.com/2010/10/20/new-reports-say-american-solar-outlook-is-bright-but-germany-still-dominates/

Jim Sutliff

LBO Wire -

The Dow Jones LBO Wire provides news and information on buyouts, deals, and the industry.  The e-newsletter is written daily and is a great source of information.  A recent article discusses the Blackstone Group and their fundraising efforts.

To visit the LBO Wire, please click here:

http://www.bloomberg.com/news/2010-09-15/nadal-next-challenges-federer-in-endorsements-after-career-grand-slam-win.html

Jim Sutliff

Venture Capital Resource -

The Financial Information Services website for the Dow Jones provides valuable resources on the venture capital industry.  Upcoming events are posted and industry trends are discussed.

o view the site, please click here:

http://fis.dowjones.com/

James Sutliff

IEA Expects Crude To Fall -

Crude oil fell to as low as $51.29 a barrel after the International Energy Agency predicted a decline in oil demand.  The Interantional Energy Agency expects a decline of 2.5 million barrels a day.  Crude oil has increased 15% in 2009.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=atnl3dbartbw&refer=home

Jim Sutliff

Hurricane Gustav May Shutdown Oil -

Hurricane Gustav may hit the gulf oil and natural gas harder than Katrina.  Gustave is expected to be a category 4 or 5 when it hits the offshore oil installations this weekend.  Evacuations have already begun and the return time for the facilities is not known.

To view a related article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=a5cVVmKT66sM&refer=home

James Sutliff

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