Word: iannotti
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...London , or just over 11 times its estimated earnings this year, and other Big Oil stocks such as BP and Exxon Mobil trading closer to 14 times earnings, that suggests: buy. "We can't help but think there is now limited downside risk," said Merrill Lynch analyst Mark Iannotti, while...
...Merrill Lynch analyst Mark Iannotti says it's "increasingly difficult to have confidence" in Shell's senior management. Still, he - like others - is sticking to his "neutral" rating for the stock. Sins Of Emission In its efforts to combat climate change, the European Commission seems to be producing its own hot air. Brussels boasted last week that all provisions of the 1997 Kyoto protocol on climate change are now legally binding. As part of the Kyoto deal, the E.U. agreed to lower greenhouse gas emission levels by 8% below 1990 levels between 2008 and 2012. But legislation alone...
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