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France Looking To Delay Shale Drilling (TRGL)
Friday, February 4, 2011 - 11:09am | 201According to a report in Reuters, France is looking to delay first test drillings for shale gas and oil until the environmental impacts can be established by a parliamentary commission. The reports are being attributed to French daily la Tribune. "We will gather all the industrials and use all the...
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A Peek Into The Market Before The Trading Starts
Friday, February 4, 2011 - 8:01am | 427Pre-open movers US stock futures are higher this morning, as investors are awaiting January's key nonfarm payrolls figures. Futures on the Dow Jones Industrial Average gained 12 points to 12,021 and S&P 500 futures rose 1.40 points at 1,305. Nasdaq 100 futures gained 1.25 points to 2,323. A...
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JP Morgan Downgrades REP To Neutral
Friday, February 4, 2011 - 6:00am | 41Analysts at JP Morgan downgrade Repsol YPF SA (NYSE: REP) from “overweight” to “neutral.” REP shares fell 0.98% to close at $32.31 yesterday. More Analyst Ratings here
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JP Morgan Downs STO To Underweight
Friday, February 4, 2011 - 5:57am | 40Analysts at JP Morgan downgrade Statoil ASA (NYSE: STO) from “neutral” to “underweight.” STO shares fell 1.02% to close at $25.29 yesterday. More Analyst Ratings here
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Mad Money Lightning Round: Cramer Likes Hess Corporation (HES, F, ACW, JCI, NVDA)
Friday, February 4, 2011 - 2:23am | 189On CNBC's Mad Money, Jim Cramer said during the Lightning Round that according to him, Hess Corporation (NYSE: HES) is “a $100 stock. This is a good situation." For Ford Motor (NYSE: F), he said, "Enough is enough, the selling has to stop. The expectations have been reset and I'm standing by CEO...
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Exxon Mobil Corp. Officer Sells 8,267 Shares of XOM
Thursday, February 3, 2011 - 3:57pm | 54In a Form 4 filed earlier today, Exxon Mobil Corp. (NYSE: XOM) Officer, Neil Duffin, reported that he sold 8,267 shares of XOM on February 1st for an average price of $83.57. The transaction totaled $690,872. Mr. Duffin owns 238,650 direct shares and 2,128 indirect shares of XOM. Source: The...
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Suncor Performs Well in 4Q - Analyst Blog
Thursday, February 3, 2011 - 10:31am | 823A premier Canadian integrated energy company, Suncor Energy (SU) reported better-than-expected fourth quarter and full-year 2010 results, buoyed by higher oil sands volumes, greater product sales and better margins. Earnings per share, excluding certain items, came in at 60 Canadian cents (60...
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Suncor Performs Well in 4Q - Analyst Blog
Thursday, February 3, 2011 - 10:00am | 823A premier Canadian integrated energy company, Suncor Energy (SU) reported better-than-expected fourth quarter and full-year 2010 results, buoyed by higher oil sands volumes, greater product sales and better margins. Earnings per share, excluding certain items, came in at 60 Canadian cents (60...
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Shell Profit Rises, But Misses View - Analyst Blog
Thursday, February 3, 2011 - 9:01am | 834Europe's largest oil company Royal Dutch Shell plc (RDS.A) reported weaker-than-expected fourth quarter 2010 results, pulled down by volatility in downstream marketing margins (due to rising oil prices), higher taxes, and lower trading contributions. Earnings per ADR (on a current cost of...
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Run Like Hell, Again
Thursday, February 3, 2011 - 8:31am | 810Welcome back old friend - volatility. After a massive run in stocks, a day when the major indices all rallied more than one percent, and BP PLC (NYSE: BP) stated it is restoring its dividend, traders are throwing around support and resistance levels on major...
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Run Like Hell, Again
Thursday, February 3, 2011 - 8:31am | 810Welcome back old friend - volatility. After a massive run in stocks, a day when the major indices all rallied more than one percent, and BP PLC (NYSE: BP) stated it is restoring its dividend, traders are throwing around support and resistance levels on major...
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Shell Profit Rises, But Misses View - Analyst Blog
Thursday, February 3, 2011 - 8:31am | 834Europe's largest oil company Royal Dutch Shell plc (RDS.A) reported weaker-than-expected fourth quarter 2010 results, pulled down by volatility in downstream marketing margins (due to rising oil prices), higher taxes, and lower trading contributions. Earnings per ADR (on a current cost of...
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Mad Money Lightning Round: Cramer Likes El Paso (TSCO, POT, MOS, AGU, DE, ENOC, HON, ETN, STO, T, VZ, WIN, FTR, C, EP)
Thursday, February 3, 2011 - 3:23am | 306On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Tractor Supply (NASDAQ: TSCO) is a “part of the major bull market in agriculture. Let me throw in Potash (NYSE: POT), Mosaic (NYSE: MOS), Agrium (NYSE: AGU) and Deere & Company (NYSE: DE)." For EnerNOC (NASDAQ: ENOC), he said...
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Refining, Oil Prices Lift Marathon - Analyst Blog
Wednesday, February 2, 2011 - 3:07pm | 677Marathon Oil Corporation (MRO) – the fifth largest refiner and marketer of petroleum products in the U.S. – reported a jump in its fourth-quarter 2010 profits. As has been the case with the larger rivals that have already reported, such as ExxonMobil (XOM), ConocoPhillips (COP) and Chevron Corp...
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Refining, Oil Prices Lift Marathon - Analyst Blog
Wednesday, February 2, 2011 - 2:45pm | 677Marathon Oil Corporation (MRO) – the fifth largest refiner and marketer of petroleum products in the U.S. – reported a jump in its fourth-quarter 2010 profits. As has been the case with the larger rivals that have already reported, such as ExxonMobil (XOM), ConocoPhillips (COP) and Chevron Corp...