First Boston
First Boston
First Boston Corporation was a New York-based, bulge bracket, investment bank, founded in 1932 and acquired by Credit Suisse in 1990. Together with its sister investment banks, it was referred to as CS First Boston after 1993 and part of Credit Suisse First Boston after 1996. The First Boston part of the name was phased out by 2006...
advantage bringing capital cost deficit filled forward harder increasing likely market motivation producers projects slowly strategic three unit
With the market deficit slowly being filled by the big three producers at increasing unit capital cost - greenfield projects are likely to be much harder to justify, highlighting one motivation in the strategic advantage of bringing forward these expansions.
caused earnings european expected gas lower miss oil plus volumes weak
Most of (Chevron's) earnings miss was in the upstream and was caused by weak U.S. oil and gas volumes (hurricanes, declines) plus lower than expected U.S. gas realizations, as well as weak European gas volumes.