The beleaguered oil company enjoyed a bounce-back month.
News & Analysis: Occidental Petroleum
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The financially challenged oil company sold $2 billion in high-yield bonds to help refinance some of its near-term debt maturities.
Investors can expect a gusher of asset writedowns in the coming quarter due to this year's plunge in crude prices.
The deeply indebted oil giant keeps making moves aimed at improving its financial position.
The stock market posted modest gains as investors look at the prospects for a return to more-normal economic conditions.
There are some serious bargains in Berkshire Hathaway's investment portfolio, as well as a few land mines.
Retail spending is rising, and the Fed continues to stabilize financial markets. But COVID-19 isn't going away, and that has investors less optimistic as trading closes.
Inventories of just about everything related to crude oil are going up again, and demand is still way down.
Rumors of impending bankruptcies are weighing on financially challenged oil stocks.