Investment Bank

Construction Continues On Walney Offshore Windfarm

Majority government-owned Danish utility Dong Energy recently brought in new investors that included two Danish pension funds and US investment bank Goldman Sachs. The Danish public strongly opposed Goldman’s involvement due to several aspects of the deal’s structure and the degree of control Goldman would receive with its 19% equity stake in the company. This… Keep reading →

Unemployment Rate Drops To 7 Percent, As Economy Adds 200,000 Jobs In Nov.

Deutsche Bank changed its recommendation on shares of Cabot Oil & Gas – a major Marcellus and Eagle Ford Shale operator – causing that stock to move in today’s trading session. The investment bank is also optimistic on the US refining sector – putting a buy rating on Phillips 66 – formerly ConocoPhillip’s refining division.… Keep reading →

Plastic Rolling Eyeball

One of the best and worst things about conferences is the giveaways. It’s the worst when you’re stuck with another one of those ugly canvas tote bags covered with weird company logos. And it’s the best when you get something so bizarre, so gloriously useless, that you have no choice but to keep it forever,… Keep reading →