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Leon Cooperman: My Team Likes AAPL, ACE, BP, CTXS, BR
Wednesday, March 23, 2011 - 1:30pm | 88Billionaire hedge fund manager Leon Cooperman told CNBC that his team likes Apple Inc. (NASDAQ: AAPL), Ace (NYSE: ACE), BP (NYSE: BP), Citrix Systems, Inc. (NASDAQ: CTXS), and Broadridge Financial Solutions (NYSE: BR). The Omega Advisors CEO also said that the dollar is headed softly lower from...
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Ten Clean Energy Companies to Watch
Wednesday, March 23, 2011 - 10:55am | 1075By Diane Bullock Japan's natural disaster turned potential nuclear disaster, as its Fukushima Daiichi plant continues to spew radiation, has the U.S. public demanding comprehensive safety reviews of our own 104 nuclear power plants. On Monday, New York state officials and the U.S. Nuclear...
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ExxonMobil Opens Shiogama Terminal in Area Affected by Earthquake and Tsunami
Wednesday, March 23, 2011 - 10:54am | 73ExxonMobil (NYSE: XOM) Japan Group has reopened its Shiogama Terminal, enabling delivery of increased fuel supplies into the Tohoku area of North East Japan, which was affected by the March 11 earthquake and tsunami. The terminal received its first marine shipment of one million liters of...
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ConocoPhillips Plans to Sell $5B to $10B of Non-core Assets over the Next Two Years
Wednesday, March 23, 2011 - 7:03am | 100ConocoPhillips (NYSE: COP) provided new information regarding sources of future reserves and production growth during its annual presentation to the financial community today in New York. In addition, the company announced plans to sell an additional $5-10 billion of non-core assets over the next...
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Green Service Companies Investors Should Be Watching
Tuesday, March 22, 2011 - 10:51am | 819By Stephanie Taylor Christensen “Being green” is en vogue. Retailers offer reusable cloth bags for shopping, and celebrities who drive hybrid vehicles are seen as being at the forefront of “cool culture.” Consumers have followed suit, and plan to do more of the same -- at least, that's what they...
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Options Brief: PetroChina Company Limited (PTR)
Tuesday, March 22, 2011 - 9:27am | 69Shares of PetroChina Company Limited (NYSE: PTR) are higher on the session by 0.71%, trading at $139.60. Overall call volume is now running at 3.16x the daily average, with 37% of all calls traded being purchases on the offer. 1,907 contracts have traded on the session so far. PetroChina Company...
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Fast Money Picks For March 22nd (COP, RIO, CHD, DBA)
Monday, March 21, 2011 - 8:56pm | 234On CNBC's Fast Money, Stephen Weiss said that he wants to buy ConocoPhillips (NYSE: COP) on Tuesday. He explained that COP is the only energy stock that Warren Buffett has in his top 10 holdings. ConocoPhillips (COP) gained 2.92% on Monday, and it closed at $77.55. Tim Seymour recommended a long...
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Benzinga's Top ETF Decliners, March 21st (TVIX, ERY, TZA, EWV)
Monday, March 21, 2011 - 8:25pm | 215VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded 15.10% lower today, and it closed at $44.99. TVIX had a volume of 385K traded shares, and its average volume is 173K shares. Direxion Daily Energy Bear 3X Shares (ETF) (NYSE: ERY) fell 7.88% as Schlumberger Limited (NYSE: SLB) traded 4...
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Benzinga's Top ETF Gainers, March 21st (ERX, URA, TNA, AGQ)
Monday, March 21, 2011 - 8:04pm | 183Direxion Daily Energy Bull 3X Shares (ETF) (NYSE: ERX) jumped 8.06% on Monday, and closed at $82.63. In the energy space, Schlumberger Limited (NYSE: SLB) gained 4.42%, and Marathon Oil Corporation (NYSE: MRO) spiked 4.41%. Global X Uranium ETF (NYSE: URA) added 8.01% in the regular trading...
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Calls Purchased on PetroChina Company (PTR)
Monday, March 21, 2011 - 1:12pm | 111Shares of PetroChina Company (NYSE: PTR) are higher on the session by 3.02%, currently trading at $137.67. The stock has been moving largely higher over the past six months and is currently consolidating above the 50-day and 200-day moving averages. Options traders are buying calls on the name...
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David Rosenberg Sees Another Recession Coming (KFT, ABX, XOM, SLW)
Monday, March 21, 2011 - 11:58am | 280Noted bear David Rosenberg of Gluskin-Sheff was just on CNBC and Rosenberg thinks we may be headed for another recession, and that there are more risks to the recovery than there were in 209. Rosenberg said he sees a recession on the horizon, as food and energy costs are going to hit the consumer...
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Integrated Energy Stocks Lead Rally
Monday, March 21, 2011 - 9:47am | 259This morning all of the major stock indexes are soaring higher. The rally is broad based as almost every industry group seems to be catching a bid. One industry group is helping to lift the Dow Jones Industrial Average(DJIA) and the S&P 500 Index sharply and that is the integrated energy stocks...
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J.P. Morgan Updates On XOM And CVX Analyst Meetings
Monday, March 21, 2011 - 6:39am | 162J.P. Morgan issued a report following their attendance at the 2011 analyst meetings for Exxon Mobile Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX). J.P. Morgan writes, "We believe that N-rated XOM and N-rated COP are favorably positioned relative to N-rated CVX, with XOM positioned...
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UPDATE: Deutsche Bank Raises PT on ConocoPhillips to $90 (COP)
Monday, March 21, 2011 - 6:26am | 127Deutsche Bank is out with its report today on ConocoPhillips (NYSE: COP), raising its PT to $90. In a note to clients, Deutsche Bank writes, "We expect ConocoPhillips to refresh & extend through 2012 its differentiated shareholder-friendly "shrink to grow" strategy. The major disposal-to-share...
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Deutsche Bank Raises PT On ConocoPhililps To $90
Monday, March 21, 2011 - 5:58am | 26Deutsche Bank has raised the price target on ConocoPhillips (NYSE: COP) from $82 to $90 and maintains its Buy rating.