Keystone XL

The political terrain for the Keystone XL pipeline is looking rough again. On Wednesday, U.S. District Judge Brian Morris revoked a critical water-crossing permit for the $8-billion project, citing the U.S. Army Corps of Engineers’ inadequate assessment of effects on endangered river species...

The Nebraska Supreme Court has affirmed a decision to build the Keystone XL Pipeline through the state in what could prove a boon for trucking and a loss for rail if the project eventually gets off the ground. Several groups, including landowners, Indian tribes and the Sierra Club, had opposed a...

The Trump administration has approved completion of the controversial Keystone XL oil pipeline project, authorizing TransCanada Corporation (USA) (NYSE: TRP) to go ahead with the construction of the pipeline in the Phillips County, Montana, along the U.S.-Canadian border. That said, doubts have...

President Barack Obama has rejected the controversial Keystone XL pipeline. Companies with the most to lose from the decision include Canadian pipeline companies, Canadian oil producers and U.S. refiners. WTI Crude oil is down more than 1.6 percent in Friday’s session. In a...

Canadian-based TransCanada Corporation (NYSE: TRP) petitioned the U.S. government to delay a final ruling on the Keystone XL project. The proposed pipeline would transport heavy crude from Alberta to Nebraska and then on to Gulf Coast refineries. A White House spokesman said that U.S....

President Barack Obama promptly vetoed the Keystone XL oil pipeline bill on Tuesday, but the battle over whether or not the project will go ahead is far from over. Republicans blasted the President’s decision, saying he was turning down a huge opportunity for job creation; but the...

After weeks of debate over climate change and renewable energy issues, the U.S. Senate approved legislation that will allow TransCanada Corporation (NYSE: TRP) to move forward with its Keystone XL oil pipeline. The project will permit the company to move roughly 800,000 barrels of Canadian...

U.S. stocks rose on Tuesday, lifting the Dow and S&P 500 to new all-time highs as investors found positives in data releases, including the NAHB Housing Market Index, which rose more than expected. In Europe, German investor confidence saw the largest increase in 11 months while European...

U.S. stocks were little changed yet again in Friday's action with no catalysts appearing to push stocks in any one direction. Retail sales rose more than expected in October, according to economic data released. A separate economic report showed import prices declining in September due to a...

U.S. stocks declined as tensions continue to mount in Ukraine. Russia requested an emergency session with the United Nations Security Council over a recent operation conducted by Ukraine where at least seven people were killed in the town of Slavyansk. Ukraine's interim President Oleksandr...

This weekend in Barron's online: the Barron's Big Money poll, as well as the prospects for AIG, Pfizer, Tullow, Trinity Biotech and more. Cover Story "U.S. Money Managers Are Cautiously Optimistic" by Jack Willoughby. Barron's Big Money poll reveals that fewer money managers are bullish. But...

U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...

U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...

U.S. stocks overcame mixed economic data and earning reports as the S&P 500 inches towards new all time highs and the Dow recorded an almost triple digit point gain. Jobless claims declined less than expected while consumer prices met expectations and rose slightly. Data from the...