Featured StorySome of the best investment opportunities can happen simply by ignoring the Wall Street herd and venturing onto the road less traveled.
Take such traditional "breakfast club" commodities as sugar, cocoa, coffee and orange juice. They all enjoyed a great year, despite bearish forecasts of doom and gloom. Sugar and cocoa even traded at multi-decade highs.
Similarly, cotton got a bad rap going into 2009, though it motored...
Exxon Mobil and Shell Post Record Income but Demand and Production Weigh on Shares
By Jennifer YousfiManaging Editor Exxon Mobil Corp. (XOM) and Royal Dutch Shell PLC (ADR: RDS.A, RDS.B) announced record quarterly income of more than $10 billion yesterday (Thursday). But continued production problems and declining output caused both companies to miss analyst expectations, and concerns about reduced U.S. consumer demand weighed on shares. Exxon Mobil reported that...
Archer Daniels Midland Oilseed Harvest Reaps Big Rewards
By Jason Simpkins Associate Editor Soaring sales in its oilseeds businesses helped Archer Daniels Midland Co. (ADM) overcome fiscal-first-quarter sluggishness in its traditionally strong ethanol business, enabling the worldwide-food-processing powerhouse to surprise Wall Street. The Decatur, Ill.-based ADM saw its shares soar Tuesday after reporting that profits for the quarter ended Sept. 30 were $441...