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Audio: Comstock Resources is ``Bull of the Week`` Charles Rotblut, senior market analyst for Zacks.com, made Comstock Resources his pick for 'Bull of the Week,' noting that the company's primary focus on natural gas and its strategy of growth through acquisitions and development has led to a huge upswing that is not over yet. Rotblut noted that Zacks currently has a six-month target price on the stock of $95, more than 10 percent above current levels, but that the estimate was recently raised from $65, meaning Comstock blew through and past its last target price with plenty of steam to spare. Rotblut's pick for 'Bear of the Week' was Molson Coors. MarketWatch.comMarkets end lower as oil hits new high Equities gave away most of overnight gains on Thursday to end lower as investors resorted to profit booking after oil touched new peaks. Realty metals and banks were the worst performers. The Times Of IndiaGM trounces Toyota in June sales General Motors sales consultant Mike Bechtolt hangs a banner in front of a GM dealership in Portland, Ore., on Tuesday. GM said Tuesday its U.S. sales sank 18.5 percent in June led by declining sales ... India GazetteFuel-led demand boosts Cybit Rising fuel prices have driven demand for better commercial vehicle fleet management, helping Cybit lift full-year revenues by almost 50 per cent to £19.7m FT.comEnergy, Materials Lead Market Sell-Off As Oil Prices Climb; Ag Stocks Also Slide Stocks swooned Wednesday, as another record high for oil prices roiled the market. Investors.comUS markets enter bear territory Leading US indices closed in firm bear market territory for the first time in the current downturn as oil prices soared above $144 and General Motors faced further questions over its liquidity. TelegraphBad Times Become Good For Consultant Of Troubled BusinessesInvestors.com High street hit by full force of credit crunch The credit crunch hit the high street with a vengeance yesterday as shock figures from Marks & Spencer wiped £4 billion off the value of Britain’s leading retailers. Times Online |
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