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EIA: Natgas Stockpiles Fall 138 Bcf - Analyst Blog
Friday, January 14, 2011 - 1:01pm | 805The U.S. Energy Department's weekly inventory release showed a smaller-than-expected drop in natural gas supplies, attributable to slightly warmer-than-normal weather conditions. The ‘Weekly Natural Gas Storage Report' – as reported by the Energy Information Administration (“EIA”) every...
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EIA: Natgas Stockpiles Fall 138 Bcf - Analyst Blog
Friday, January 14, 2011 - 12:45pm | 805The U.S. Energy Department's weekly inventory release showed a smaller-than-expected drop in natural gas supplies, attributable to slightly warmer-than-normal weather conditions. The ‘Weekly Natural Gas Storage Report' – as reported by the Energy Information Administration (“EIA”) every...
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RBC Capital Adjusts Its Price Target on VMware, Transocean, Johnson & Johnson, Intel, Global Payment, Emulex, Citrix Systems, IBM (VMW, RIG, JNJ, INTC, GPN, ELX, CTXS, IBM)
Friday, January 14, 2011 - 10:33am | 114RBC Capital adjusts its price target on: VMWare (NYSE: VMW) from $90 to $100. Transocean (NYSE: RIG) from $75 to $85. Johnson & Johnson (NYSE: JNJ) from $62 to $60. Intel (NASDAQ: INTC) from $26 to $28. Global Payment (NYSE: GPN) from $52 to $55. Emulex (NYSE: ELX) from $11 to $13. Citrix...
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Jefferies Comments On The Offshore Drilling Recovery (RIG)
Friday, January 14, 2011 - 10:21am | 191Although Jefferies is positive on the recovery in offshore drilling activity in 2011 and 2012, it remains Neutral on RIG shares as it believes idle capacity, newbuild supply growth, and a lack of EPS upside provide headwinds for the industry. Jefferies also believes that Consensus EPS expectations...
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Mad Money Lightning Round: Cramer Advises Investors To Sell Wal-Mart (GRMN, UCTT, SHAW, RIG, WMT, KSS)
Friday, January 14, 2011 - 5:55am | 229On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he doesn't like Garmin (NASDAQ: GRMN). He added, “People have GPS on their cell phones now. Why do they need Garmin? I say sell, sell, sell." For Ultra Clean Holdings (NASDAQ: UCTT), he said, "This is a good situation. It's pretty...
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The Iron Condor Strategy: Limited Reward with Limited Risk
Thursday, January 13, 2011 - 3:23pm | 1927Iron condor spreads are option-trading strategies combining two credit spreads (one bull put spread, one bear call spread) into a four-legged strategy with limited reward and limited risk. Largely because of their finite risk, iron condors are popular among investors seeking investing alternatives...
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Puts Purchased on Ensco plc (ESV)
Thursday, January 13, 2011 - 12:06pm | 132Shares of Ensco plc (NYSE: ESV) are lower on the session by 0.02%, currently trading at $52.86. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while...
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Halliburton Slips After A 3 Day Bounce
Thursday, January 13, 2011 - 11:47am | 130Halliburton Co.(NYSE: HAL) is declining today by 0.60 cents to $39.29 a share. Recently the stock has staged a small three day bounce and today could be just some small profit taking. Halliburton stock will have minor intra-day support around the $39.20 area. Should the stock decline further the $...
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The Stars Have Aligned 01-12-2011
Wednesday, January 12, 2011 - 4:39pm | 958Cusick's Corner The stars are aligned: the EU bond offerings have been solid; economic data here and abroad is solid too; fear of inflation is lower; liquidity ample -- all necessary ingredients for a roaring bull market. Now the key to trading in this environment is being nimble and trading the...
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Noble Corp To Join S&P 500, Shares Up 6.5% (NE)
Wednesday, January 12, 2011 - 4:14pm | 166Shares of Noble Corporation (NYSE: NE) are currently up 6.5% at $38.25 per share during Wednesday afternoon trading. The rise in the company's stock price was fueled by a decision from Standard & Poor's to add the company to the S&P MidCap 400 index and the S&P 500. Today's trading...
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Benzinga's After Hours Gainers (LULU, NE)
Tuesday, January 11, 2011 - 7:46pm | 179The after hours activity has been subdued on Tuesday, but two stocks that have seen nice gains are Lululemon Athletica (NASDAQ: LULU) and Noble Corp. (NYSE: NE). LULU raised its Q4 revenue and EPS guidance after the bell. The company now sees Q4 EPS of $0.55-$0.57 vs. analysts' consensus of $0.50...
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22 Stocks That Are Gaining Momentum
Tuesday, January 11, 2011 - 3:50pm | 207This screen here is useful for finding those stocks starting to catch some momentum to the upside. This is similar to its sister-screen that I call "Stocks That Are Breaking Down" (but just the exact opposite). A lot of these stocks are positioned for breakouts in the near future. If you are a...
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Jefferies Upgrades DO To Hold From Underperform
Tuesday, January 11, 2011 - 9:05am | 145Jefferies is upgrading Diamond Offshore Drilling, Inc. (NYSE: DO) to Hold from Underperform “as we believe the midwater and deepwater rig markets, where the Company's fleet is primarily exposed, are likely to hold up better in 2011 and 2012 than the market's more bearish expectations.” “That said,...
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Jefferies Upgrades HERO To Buy From Hold
Tuesday, January 11, 2011 - 9:02am | 129Jefferies is upgrading Hercules Offshore, Inc. (NASDAQ: HERO) to Buy from Hold. “Somewhat separate from our overall offshore thesis, we are upgrading HERO to Buy from Hold and increasing our 12-month PT to $4.50 from $3.00 as we believe the stock has the potential for several positive catalysts in...
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Jefferies Downgrades PDE To Hold From Buy
Tuesday, January 11, 2011 - 8:56am | 112Jefferies is downgrading Pride International, Inc. (NYSE: PDE) to Hold from Buy. “With earnings growth moderating in 2012 and the Company trading towards the upper end of our forecasted trading range expectations for the offshore drillers at 6.8x 2012 TEV/EBITDA, 124% of NAV, and 88% of...