Integrated Oil & Gas

This is your Benzinga news summary and traders' outlook for Thursday, July 28, 2011, covering headlines from overnight and Thursday's pre-market session. Today in domestic pre-market trading, U.S. equity futures are trading flat as traders wait for the decision on the debt ceiling and the weekly...

NextEra Energy Inc (NYSE: NEE) was downgraded by Robert W. Baird from "outperform" to "neutral." NEE's shares closed at $56.65 yesterday. NextEra Energy's trailing-twelve-month ROA is 3.28%. FBR Capital downgraded Flagstar Bancorp Inc (NYSE: FBC) from “outperform” to “market perform.” FBC's stock...

Deutsche Bank has downgraded Hess Corporation (NYSE: HES) from Buy to Hold and has lowered the price target from $90 to $75.

Astrazeneca PLC (NYSE: AZN) is expected to report its Q2 EPS at $1.80 on revenue of $8.19 billion. Exxon Mobil Corporation (NYSE: XOM) is projected to report its Q2 EPS at $2.33 on revenue of $121.39 billion. Bristol-Myers Squibb Company (NYSE: BMY) is estimated to report its Q2 EPS at $0.55 on...

Some of the stocks that may grab investor focus today are: Wall Street expects Kellogg Company (NYSE: K) to report its Q2 EPS at $0.91 on revenue of $3.29 billion. Kellogg shares dropped 0.43% to close at $55.55 yesterday. Akamai Technologies Inc (NASDAQ: AKAM) reported its Q2 profit at $47.9...

Last month, eBay (EBAY) held an auction of a lunch with the famous billionaire investor Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B). The high bid at the auction was $2,345,678. With Buffett's outstanding track record, and investors willing to pay millions to have lunch with him to...

I am having a little trouble reconciling the idea that the SP500 may be near the end of wave (E) with the fact that AAPL has run up sharply off of its June low and is only now beginning to correct.  At the least a correction in AAPL should last tw... Go to http://SwingTradingDaily.com for full...

I am having a little trouble reconciling the idea that the SP500 may be near the end of wave (E) with the fact that AAPL has run up sharply off of its June low and is only now beginning to correct.  At the least a correction in AAPL should last tw... Go to http://SwingTradingDaily.com for full...

The Board of Directors of Exxon Mobil Corporation (NYSE: XOM) today declared a cash dividend of 47 cents per share on the Common Stock, payable on September 9, 2011 to shareholders of record of Common Stock at the close of business on August 12, 2011. This third quarter dividend is at the same...

The government is a puppet that the markets will ultimately control. This is the truth and the markets are starting to get angry today. As the debt ceiling talks continue to drag, the markets are starting to hit back. Early in the week, no agreement was a non event as there was a full week to...

Boeing Co (NYSE: BA) reported a 20% rise in its second-quarter profit. Boeing's quarterly profit surged to $941 million, or $1.25 per share, from $787 million, or $1.06 per share, in the year-earlier period. Its revenue gained 6% y/y to $16.54 billion from $15.57 billion. However, analysts were...

Hess Corp (NYSE: HES) reported a 62% rise in its second-quarter profit. Hess reported its quarterly profit at $607 million, or $1.78 per share, up from $375 million, or $1.15 per share, in the year-earlier period. The company's exploration and production profit climbed to $747 million from $488...

Bank of America Merrill Lynch is out with a research report on Occidental Petroleum Corp. (NYSE: OXY) after it reported earnings. It has a Buy rating and a $138 price target on shares. In a note to clients, Bank of America Merrill Lynch writes, "OXY adjusted EPS of $2.24 beat consensus of $2.17...

Pre-open movers US stock futures are flat this morning. Shares of Amazon.com Inc (NASDAQ: AMZN) surged about 6.4% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average gained 1 point to 12,433.00 and S&P 500 index futures fell 1....

Hess Corporation (NYSE: HES) announced earlier today that, in partnership with Petroceltic International PLC, it has signed production sharing contracts with the Kurdistan Regional Government of Iraq for its Dinarta and Shakrok exploration blocks. Hess is the operator and has a 64 percent...