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Gulf CEO says continued drop in oil, gasoline prices possible into next year

BOSTON -- Joe Petrowski, CEO of Gulf Oil, is boldly predicting that pump prices might fall to $1 a gallon in early 2009. "The oil market is a manic-depressive market. It tends to overshoot," he told WCBV-TV. Petrowski, who has been studying the oil business since the 1970s when he wrote his Harvard...

Casey's sees opportunity for growth while many struggle with the economy

ANKENY, Iowa -- With capital expenditures up $20 million in the second quarter of its fiscal 2009 largely on the back of new-store growth, Casey's General Stores is flexing its financial muscle at a time many retailers are pulling back from spending. As a result, the company is setting the stage to...

Zacks zeroes in on chain's earnings; retailer names Williams senior VP field ops

SANFORD, N.C. -- Zacks Investment Research Inc. has included The Pantry Inc. on its latest list of top-performing Zacks #1 Rank ("strong buy") stocks. The Pantry announced fiscal fourth-quarter results on November 20, which included earnings per share of $1.03 that topped the consensus by almost 29...

Lower gasoline prices won't save everyone in the current economic climate: Kloza.
Credit-card fees targeted by retailers who say banks overcharge
First signs of consolidation hit the ethanol industry as VeraSun fields offers
7-Eleven rolls out 32 private-label packaged-goods products under 7-Select banner
The Pantry keeps an eye on gasoline sales following 6.8% drop in comparable stores
Susser Holdings begins 18-month project to rebrand 161 stores acquired last year
Newly flush with cash, the Pantry ready to get back in acquisition game in 2009