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Benzinga's Top ETF Decliners, August 4th (DZK, ERX, TNA, EDC)
Thursday, August 4, 2011 - 6:40pm | 214Read More...Direxion Daily Developed Markets Bull 3X Shares(ETF) (NYSE: DZK) led the decliners among the ETFs on Thursday, with a loss of 20.85%. DZK closed at $47.71, and it had a volume of 93K traded shares. Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) dropped 20.62%, and closed at $53.77. In the...
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Benzinga's Top ETF Gainers, August 4th (TVIX, ERY, TZA, EDZ)
Thursday, August 4, 2011 - 6:28pm | 213Read More...VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) spiked 40.63% on Thursday as the S&P 500 traded sharply lower. TVIX closed at $31.29, and it had a volume of 9.08M traded shares. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) gained 20.76%, and it closed at $18.44. In the energy...
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Options Brief: Targa Resources
Thursday, August 4, 2011 - 3:33pm | 76Read More...Shares of Targa Resources (NASDAQ: NGLS) are lower on the session by 2.43%, trading at $33.79. Overall call volume is now running at 5.51x the daily average, with 100% of all calls traded being purchases on the offer. 1,522 contracts have traded on the session so far. Targa Resources Partners LP...
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UPDATE: Scotia Capital Lowers PT on Marathon Oil to $36
Thursday, August 4, 2011 - 9:45am | 89Read More...Scotia Capital is out with its report today on Marathon Oil (NYSE: MRO), lowering its PT from $55 to $36. In its report, Scotia Capital writes, "After adjusting for the spin-off of Marathon Petroleum (NYSE: MPC), we have revised our risked NAV to $29.72/sh. ($45.12/sh. unrisked), and our one-year...
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Mad Money Lightning Round: Cramer Likes Johnson Controls
Thursday, August 4, 2011 - 3:19am | 229Read More...On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Marathon Oil (NYSE: MRO) recently reported “disappointing earnings results. I'd like Carrizo Oil & Gas (NASDAQ: CRZO) over Marathon." He said that Apache (NYSE: APA) is “great, it's got a great growth profile. Keep in mind,...
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Benzinga's Top ETF Gainers, August 3rd (AGQ, BZQ, SOXL, AGA)
Wednesday, August 3, 2011 - 7:55pm | 180Read More...ProShares Ultra Silver (ETF) (NYSE: AGQ) traded 3.88% higher, and closed at $231.44 on Wednesday. This was the second trading session in a row that AGQ closed higher. ProShares Ultrashort MSCI Brazil (NYSE: BZQ) gained 3.30% today as Petroleo Brasileiro SA (ADR) (NYSE: PBR) fell 2.11%, and Vale (...
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Check Out The Chart: Broken Brazil
Wednesday, August 3, 2011 - 2:33pm | 436Read More...Oh boy, there was a time, and we're not far removed from it, when Brazil was an emerging markets darling and U.S. investors just could not get enough of Brazil-specific ETFs. The crown prince of the nearly 70 ETFs offering Brazil exposure is the iShares MSCI Brazil Index Fund (NYSE: EWZ). With...
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Societe Generale Upgrades Occidental Petroleum to Buy, Maintains PT at $108
Wednesday, August 3, 2011 - 9:23am | 59Read More...Societe Generale upgraded its rating on Occidental Petroleum (NYSE: OXY) from Hold to Buy. At the same time, the rating agency left its price target on the company's stock unchanged at $108. On Tuesday, OXY closed the day at $94.60. Its shares added 0.52% to their value in today's pre-market...
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Credit Suisse Downgrading Marathon Oil Corp (MRO) NEUTRAL
Wednesday, August 3, 2011 - 8:44am | 88Read More...Credit Suisse is downgrading shares of Marathon Oil Corp (NYSE: MRO) to Neutral and it has a $36 price target on shares. In a note to clients, Credit Suisse writes, "We take our rating down to Neutral (from Outperform). We believe MRO shares will pause for breath on the back of stock specific EPS...
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Societe Generale Upgrades Occidental Petroleum To Buy, $108 PT
Wednesday, August 3, 2011 - 8:42am | 26Read More...Societe Generale has upgraded Occidental Petroleum (NYSE: OXY) from Hold to buy and has established a $108 price target.
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InterOil and Noble Sign Heads of Agreement on LNG Sale
Tuesday, August 2, 2011 - 8:24pm | 110Read More...InterOil (NYSE: IOC) and Pacific LNG Operations announced the signing of a Heads of Agreement with Noble Clean Fuels Limited, a wholly owned subsidiary of Noble Group Limited, for the supply of one million tonnes per annum of Liquefied Natural Gas from the Gulf LNG Project in Papua New Guinea. The...
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Fast Money Picks For August 3rd (DE, CBS, PFE, XOM, SLV)
Tuesday, August 2, 2011 - 8:18pm | 272Read More...On CNBC's Fast Money, Stephen Weiss recommended a long position in Deere & Company (NYSE: DE). He explained that he is bearish on this market, but some stocks are getting really cheap and Deere & Company (DE) is one of those stocks. Deere & Company (DE) lost 2.41% today, and it closed...
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Benchmark Updates 8/2
Tuesday, August 2, 2011 - 7:02am | 206Read More...Benchmark made a number of updates in a research report published today. Guidance Software (NASDAQ: GUID) had its rating reiterated at Buy. At the same time, its price target was maintained at $10. On Monday, GUID lost 0.4% of its value to finish the day at $7.49. Harte-Hanks (NYSE: HHS) had its...
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Earnings Scheduled For August 2
Tuesday, August 2, 2011 - 3:46am | 571Read More...Hyatt Hotels Corporation (NYSE: H) is expected to report its Q2 EPS at $0.15 on revenue of $910.14 million. Archer-Daniels-Midland Company (NYSE: ADM) is projected to report its FQ4 EPS at $0.85 on revenue of $20.43 billion. Coach Inc (NYSE: COH) is projected to report its Q4 EPS at $0.65 on...
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Earnings Preview: Apache's EPS, Revenue Expected to Rise
Monday, August 1, 2011 - 1:05pm | 532Read More...Apache (NYSE: APA) unveils its next round of earnings this Thursday, August 4, 2011. Get prepared with Benzinga's ultimate preview for Apache's second quarter earnings. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of $3.09/share and revenues of $...

