Integrated Oil & Gas

When it reports results on Friday, Petrobras (NYSE: PBR), Brazil's state-run oil producer, could show a 30% increase in first-quarter profits helped by higher oil prices and increased production, a refrain echoed by many of the world's oil majors this earnings season. Analysts expect Petrobras to...

Cusick's Corner The market was not able to muster much of a bounce off the lows, all the major indices closed in the red. Short Dollar players got squeezed today and the Euro currency has broken, which only ratcheted up the pressure on the uber hot commodity markets. While this dynamic can change...

Cusick's Corner Today's headlines: Dollar up, China potentially slowing down, Inflation Concern in the UK, and Offensive Sectors getting hit, XLF/XLK/XLE, most notably Energy. While the dollar might be perceived as a catalyst for the pullback, the real drivers are the Inventories number (released...

(TheStreet) -- Stocks were down more than 1% Wednesday as oil prices fell and the dollar strengthened, pressuring energy and materials stocks. The Dow Jones Industrial Average was down by 146 points, or 1.1%, at 12,615. The S&P 500 was lower by 16 points, or 1.2%, at 1341, and the Nasdaq was...

This volatile market is certainly enough to try the patience of conservative investors, but a big broader market decline like the one we're seeing today opens some doors for bargain hunting, particularly in the value ETF universe. The typical value ETF is going to be chock full of widely held,...

Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) gained 4.82% on Tuesday, and it closed at $77.81. In the real estate space, Taubman Centers, Inc. (NYSE: TCO) jumped 2.30%, and Vornado Realty Trust (NYSE: VNO) added 1.80%. iPath Dow Jones-UBS Cotton Subindex Total Return ETN (NYSE: BAL) traded...

Cusick's Corner The market bounced this morning after a brief breach of support, 1340 level for the June S&P and 134 level for the SPY; back up on a weak Buck and the promise of continual economic growth. The short-term market action needs to break current resistance, 1350 on the June future,...

ExxonMobil (NYSE: XOM) Production Company announced today that drilling and construction have started on an enhanced oil recovery project at the Means Field in Andrews County, Texas. The first phase of the project has the potential to recover as much as five million barrels of additional oil, an...

TD Ameritrade Holding Corp. (AMTD), a provider of securities brokerage services and technology-based financial services to retail investors and traders, said its daily client trades fell 6% last month from a year earlier and declined 3% from March. TD Ameritrade averaged 402,000 trades last month...

Bank of America Merrill Lynch is out with its report today on Targa Resources Partners (NYSE: NGLS), reiterating Buy. In a note to clients, Bank of America Merrill Lynch writes, "We maintain our $39 PO and cash distribution estimates. We reiterate our Buy on NGLS as we see the partnership...

Provident Energy (NYSE: PVX) announces today the closing of its previously announced offering of $150,000,000 aggregate principal amount of 5.75% convertible unsecured subordinated debentures at a price of $1,000 per Debenture. The Debentures are convertible at the holder's option into common...

Dean Foods Co (NYSE: DF) reported a 41% decline in its first-quarter profit on Tuesday. The company reported its Q1 profit at $25.3 million, or $0.14 per share, compared with $43.2 million, or $0.24 per share, in the year-earlier period. The company's net sales increased 3% to $3.05 billion....

Lazard Capital downgraded shares of Savient Pharmaceuticals Inc. (SVNT) from a “buy” rating to a “neutral” rating, JPMorgan Chase & Co. (JPM) downgraded shares of Savient Pharmaceuticals Inc. from an “overweight” rating to a “neutral” rating as well. Zacks Investment Research upgraded shares...

The newly minted Global X FTSE Argentina 20 ETF (NYSE: ARGT) was one of the more widely anticipated new ETFs of 2011 as it gave investors another South American destination to evaluate and risk-takers got one more true frontier market ETF to take a look at, but ARGT has been pretty docile in just...

Cusick's Corner A few readers have asked me to explain the definition of an index. An index is a grouping of stocks used to track and represent a sector, segment of the market, or a broad market, such as the Standard & Poor's 500. The S&P500 (SPX) is one of the world's best known indexes...