(Wall Street Journal) — Anyone who thought that stock market investing was an emotionless business has been comprehensively and painfully disabused of that notion over the past ten years. MetLife Europe recently dubbed the Noughties a ‘lost decade’ for investors in which they, for example, have seen annualized returns of just 0.5% a year from […]
(Businessweek) — Chevron: Credit Suisse equity analyst Edward Westlake reiterated an outperform rating on shares of Chevron (CVX) on Aug. 2, with a price target of $93. On July 30, Chevron, the second-biggest U.S. oil company, said second-quarter profit tripled, exceeding analysts’ estimates, after recovering demand for petroleum-based fuels lifted energy prices. Read More…