-
Dow Jones Industrial Average Companies Increase Expected Dividend Distribution by 12.66% From a Year Ago
Tuesday, July 19, 2011 - 9:14am | 546The Dow Jones Industrial Average's 30 component companies are expected to increase their annual dividend payout by 12.66% year-over-year and 2.93% from the previous quarter, according to a second-quarter 2011 survey by Dow Jones Indexes. DJIA component companies' $101.6 billion expected...
-
Lucas Energy Announces Oil Price for East Texas Crude, Possible Plans for Eagle Ford Acreage, and $1.9 Million Dollar Financing Transaction
Tuesday, July 19, 2011 - 8:18am | 152Lucas Energy, Inc. (NYSE: LEI) today announced that the Company received a high crude oil price of $113.00 per barrel ("Bbl") and $106.00 per Bbl for its May and June 2011 crude oil sales, respectively, from its properties in East Texas. Lucas operates two wells in East Texas and is seeking to...
-
Benzinga's Top Pre-Market Losers
Monday, July 18, 2011 - 7:06am | 113Abbott Laboratories (NYSE: ABT) dipped 5.34% to $50.21 in the pre-market session. ABT is scheduled to report its quarterly results on July 20. News Corporation (NASDAQ: NWSA) dropped 4.16% to $14.99 in the pre-market trading. UK police arrested NWSA's former CEO Rebekah Brooks. Hewlett-Packard...
-
BP Reports Pipeline Leak in Alaskan Oilfields
Monday, July 18, 2011 - 6:42am | 46BP (NYSE: BP) said on Monday that a pipeline at its 30,000 barrel per day Lisburne field, ruptured during testing and spilled a mixture of methanol and oily water onto the tundra. The pipeline is currently closed for maintenance.
-
The Advantage of Monthly Dividends Over Quarterly Dividends
Sunday, July 17, 2011 - 10:10pm | 717There are several advantages to receiving monthly dividends over quarterly dividends: 1. compounding takes place quicker2. the invested capital is returned faster3. there is usually less price volatility of the investment4. many of monthly dividend investments pay dividends that are tax free....
-
Dividend expert's trio of favorites
Sunday, July 17, 2011 - 7:00pm | 166by Chuck Carlson, editor The DRIP Investor Among the stocks held in our Editor's Portfolio, there are three that represent the most attractive investments for the next 12 months. My three favorite stocks right now for performance over the next year are Exxon Mobil (XOM), H&R Block (HRB), and...
-
Buon Weekend! 07-15-2011
Friday, July 15, 2011 - 4:48pm | 961Cusick's Corner Overall the data and news were not so great today but corporate headlines supported this market. To keep track of this earnings cycle, go to the optionsXpress Research tab and click on the Earnings Calendar to get the listings of stocks coming out with earnings each day next week...
-
TGIF 07-15-2011
Friday, July 15, 2011 - 1:36pm | 1032Cusick's Corner Stocks opened higher on positive corporate news while the Consumer Price Index [CPI] for June fell .2 percent which is twice as much as expected. The market averages are pretty flat right now as we wind down to the final hours on Expiration Friday. Google (GOOG) and Mattel (MAT)...
-
Did BHP Just Tell You To Buy Shale Plays?
Friday, July 15, 2011 - 11:50am | 751Last night, BHP Billiton Limited (NYSE: BHP) announced it would be buying Petrohawk Energy Corporation (NYSE: HK) for $38.75 per share in cash. This is a tremendous move for BHP to get into shale gas assets, and potentially a huge revaluation of the natural gas sector, especially with such a huge...
-
UBS Research Summary, July 15
Friday, July 15, 2011 - 10:58am | 106In today's UBS Research summary report, UBS raised its ConocoPhillips (NYSE: COP) price target from $76 to $80, raised its V.F. Corp. (NYSE: VFC) price target from $110 to $126, and raised its DeVry (NYSE: DV) price target from $55 to $75, upgrading DeVry from Neutral to Buy. UBS also lowered its...
-
Markets Rollover Again
Friday, July 15, 2011 - 10:04am | 300The major stock indexes have once again rolled over from a gap higher open. During every trading day this week, the major stock indexes have given back the early morning gains. This is an options expiration Friday, which usually makes for a volatile and turbulent morning. Yesterday, the major stock...
-
JP Morgan Reiterates Overweight and PT of $91 on ConocoPhillips
Friday, July 15, 2011 - 7:42am | 55JP Morgan reiterated its Overweight rating on ConocoPhillips (NYSE: COP). At the same time, the rating agency left its price target on the company's stock unchanged at $91. On Thursday, COP closed the day at $75.61. Its shares added 2.24% to its value in today's pre-market trading to stand around $...
-
Oppenheimer Reiterates Outperform Rating On ConocoPhillips
Friday, July 15, 2011 - 7:25am | 81According to Oppenheimer, ConocoPhillips (NYSE: COP) Outperform rating is reiterated. Oppenheimer said that it reiterates its Outperform investment rating on COP shares and raise its 12-month price target to $90 from $82. “COP shares were up 11% YTD at yesterday's close, compared with 6.7% for...
-
Deutsche Bank Miantains Hold Rating On ConocoPhillips
Friday, July 15, 2011 - 7:17am | 84According to Deutsche Bank, ConocoPhillips (NYSE: COP) Hold rating is maintained. Deutsche Bank said that the snap split announcement from ConocoPhillips almost seemed to take the company itself by surprise. “We estimate NAV at $90 based on a bottom-up analysis of future cash flows with ROCE/WACC...
-
Duncan Energy Partners Increases Quarterly Distribution by 2.2% to $0.46
Friday, July 15, 2011 - 6:36am | 95Duncan Energy Partners L.P. (NYSE: DEP) today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.46 per common unit, or $1.84 per unit on an annualized basis. The quarterly distribution will be paid on...