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Marathon Oil Q4 Results Above Estimates (MRO)
Wednesday, February 2, 2011 - 1:09pm | 170Oppenheimer is out with a report today which reveals that Marathon Oil's (NYSE: MRO) Q4 earnings are above prior estimates. MRO's adjusted income is $780 million, or $1.09 per share, which is $0.12 above the estimate. According to the report, Q4 earnings benefited from higher oil and gas...
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BP Delivers First Dividend Since Gulf Oil Disaster
Wednesday, February 2, 2011 - 12:01pm | 542London-based BP (BP) announced today that it will resume paying a quarterly dividend as the oil giant reported a 30% pop in quarterly profit. The stock edged higher in midday trading. BP, which suspended payouts in June 2010 following the oil spill in the Gulf of Mexico, announced a quarterly...
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InterOil Moves Forward With Proposed Land Based Modular LNG Plant
Wednesday, February 2, 2011 - 11:49am | 225InterOil Corporation (NYSE: IOC) announced that InterOil and Liquid Niugini Gas Ltd., its joint-venture liquefied natural gas project company with Pacific LNG Operations Ltd., have signed a Project Funding and Construction Agreement and a Shareholder Agreement with Energy World Corporation Ltd....
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Murphy Oil Announces Dividend of $.275
Wednesday, February 2, 2011 - 10:59am | 51The Board of Directors of Murphy Oil Corporation (NYSE: MUR) today declared a quarterly dividend on the Common Stock of Murphy Oil Corporation of $0.275 per share, or $1.10 per share on an annualized basis. The dividend is payable March 1, 2011 to holders of record February 15, 2011.
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Sikorsky Aerospace Services Delivers Second UH-60 for Customs & Border Protection Agency
Wednesday, February 2, 2011 - 10:33am | 122Sikorsky Aerospace Services today delivered the second UH-60 aircraft that has undergone "A-A" to "L" recapitalization for use by the U.S. Customs & Border Protection Agency. Distinguished as the fifth helicopter off the original BLACK HAWK helicopter production line, this fully upgraded UH-...
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Ensco plc Announces New Multi-Year Contract with Petrobras
Wednesday, February 2, 2011 - 10:21am | 107Ensco plc (NYSE: ESV) announced today that a subsidiary of the Company has entered into a 950-day drilling contract with Petroleo Brasileiro S.A. - Petrobras (NYSE: PBR) for ENSCO 7500, a 5th generation ultra-deepwater semisubmersible drilling rig that has operated for more than 10 years in the...
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Stock Market News for Feb 02, 2011 - Market News
Wednesday, February 2, 2011 - 9:52am | 1424Markets rose to fresh new highs as positive economic data and strong earnings results from energy stocks led the rally. The Dow closed above the 12,000 mark for the first time since June 2008 thanks to strong gains by Exxon Mobil (NYSE:XOM), Alcoa (NYSE:AA) and Pfizer (NYSE:PFE). The blue-chip...
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Stock Market News for Feb 02, 2011 - Market News
Wednesday, February 2, 2011 - 9:22am | 1424Markets rose to fresh new highs as positive economic data and strong earnings results from energy stocks led the rally. The Dow closed above the 12,000 mark for the first time since June 2008 thanks to strong gains by Exxon Mobil (NYSE:XOM), Alcoa (NYSE:AA) and Pfizer (NYSE:PFE). The blue-chip...
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US Stock Futures Up As Investors Await Earnings Reports
Wednesday, February 2, 2011 - 6:43am | 464US stock futures are higher this morning, after strong rise in the Dow Industrials in the previous session. Investors are awaiting another round of earnings reports. Futures for the Dow Jones Industrial Average gained 23 points to 11,996.00, while those for the S&P 500 index rose 1.7 points to...
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Earnings Scheduled For February 2 (YUM, MAT, V, AGN, MRO, HSY, NWS, NDAQ, GNW, AOL, TWX, TMO, AMP, WHR, BMC, ACE, HIG)
Wednesday, February 2, 2011 - 3:51am | 437Yum! Brands Inc (NYSE: YUM) is expected to report its Q4 EPS at $0.60 on revenue of $3.50 billion. Mattel Inc (NASDAQ: MAT) is projected to post its earnings at $0.86 per share on revenue of $2.09 billion in fourth-quarter. Visa (NYSE: V) is expected to report its Q1 earnings at $1.20 per share on...
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Higher Rates Buoy Korea Electric - Analyst Blog
Tuesday, February 1, 2011 - 6:53pm | 552State-run utility behemoth Korea Electric Power Corporation (KEP) in the fourth quarter of 2010 recorded net operating profit of KRW98 billion (USD$87.4 million), compared to net operating loss of KRW649 billion (USD$578.6 million) in the fourth quarter of 2009. This was primarily due to an...
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Higher Rates Buoy Korea Electric - Analyst Blog
Tuesday, February 1, 2011 - 6:16pm | 552State-run utility behemoth Korea Electric Power Corporation (KEP) in the fourth quarter of 2010 recorded net operating profit of KRW98 billion (USD$87.4 million), compared to net operating loss of KRW649 billion (USD$578.6 million) in the fourth quarter of 2009. This was primarily due to an...
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Benzinga's Top ETF Decliners, February 1st (SOXS, EDZ, DPK, TZA)
Tuesday, February 1, 2011 - 5:40pm | 195Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) fell 7.52% today, and closed at $11.48. In the semiconductor space, Novellus Systems, Inc. (NASDAQ: NVLS) gained 5.74%, and closed at $38.14. Direxion Daily Emerging Markets Bear 3x Shares (ETF) (NYSE: EDZ) dropped 7.34%, and closed at $20.83...
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Benzinga's Top ETF Gainers, February 1st (SOXL, TNA, EDC, CZM)
Tuesday, February 1, 2011 - 5:27pm | 222Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) jumped 7.24% on Tuesday, as Advanced Micro Devices, Inc. (NYSE: AMD) gained 4.98%. Novellus Systems, Inc. (NASDAQ: NVLS) spiked 5.74%, and Texas Instruments Incorporated (NYSE: TXN) added 3.21%. Direxion Daily Small Cap Bull 3X Shares(ETF) (...
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Happy-Pill Market Returns - Voice of the People
Tuesday, February 1, 2011 - 4:31pm | 616Zacks' Voice of the People Highlights user inthemoneystocks: "Happy-Pill Market Returns" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Happy-Pill Market Returns The markets are once again flying higher. Last Friday's massive...