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Natural Gas Propels U.S. Rig Count - Analyst Blog
Monday, November 29, 2010 - 9:03am | 873In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the land rig count for natural gas drilling. The Baker Hughes rig count,...
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Barclays Capital Upgrades RDC To Overweight
Monday, November 29, 2010 - 8:06am | 53Analysts at Barclays Capital upgrade Rowan Companies Inc (NYSE: RDC) from "equal weight" to "overweight." The target price for RDC has been raised from $37 to $40. RDC's shares lost 2.35% to close at $30.32 on Friday. More Analyst Ratings here
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Rowan Companies Stays Neutral - Analyst Blog
Monday, November 29, 2010 - 6:57am | 451We maintain our Neutral recommendation for Rowan Companies Inc. (RDC) following better-than-expected third-quarter results. Revenue was up more than 11% year over year. The company is confident of adding backlog on several high-spec jackups in the near term. This was affirmed by the recent...
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Natural Gas Propels U.S. Rig Count - Analyst Blog
Monday, November 29, 2010 - 3:30am | 873In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the land rig count for natural gas drilling. The Baker Hughes rig count,...
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Company News for November 24, 2010 - Corporate Summary
Wednesday, November 24, 2010 - 10:30am | 777• Eli Lilly (NYSE: LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE: TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million that...
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Noble Corp Price Target Raised to $45 at FBR Capital
Wednesday, November 24, 2010 - 9:50am | 21Noble Corp (NYSE: NE) price target is raised from $42 to $45 at FBR Capital.
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Estimates Lowered On Noble Corporation
Wednesday, November 24, 2010 - 7:38am | 167Citigroup has published a research report on Noble Corporation (NYSE: NE) and is reducing estimates on the company following 3Q results that came in below expectations. In the report, Citigroup writes "We believe full dayrate for NE's deepwater rigs in the GOM is unlikely until mid 2Q11 rather than...
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Company News for November 24, 2010 - Corporate Summary
Wednesday, November 24, 2010 - 5:15am | 777• Eli Lilly (NYSE: LLY) received FDA approval for its topical solution drug Axiron, for testosterone replacement therapy in men • Tiffany (NYSE: TIF) reported estimate-beating third quarter earnings of $0.43 a share, ahead of Zacks projections of $0.37, on a 14% revenue jump to $681.7 million that...
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Benzinga's Top Pre-Market NASDAQ Losers (BRCD, HRBN, ARMH, HERO)
Tuesday, November 23, 2010 - 9:17am | 136Brocade Communications Systems Inc (NASDAQ: BRCD) dipped 7.54% to $5.27 in the pre-market session. BRCD reported 27% y/y decline in its FQ4 net income. Harbin Electric Inc (NASDAQ: HRBN) lost 4.47% to $17.10 in the pre-market session. The Board of Directors of HRBN has received a letter from its...
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Monday's Put/Call Ratio Leaders (CVC, FLR, LSI, ESV, ADTN)
Monday, November 22, 2010 - 1:07pm | 90Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Cablevision Systems (NYSE: CVC) 10,088 puts, 103 calls 2. Fluor Corp. (NYSE: FLR) 16,526 puts, 922 calls 3. LSI Corp. (NYSE: LSI) 9,679 puts, 964 calls 4. Ensco PLC (NYSE: ESV) 4,158...
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Company News for November 22, 2010 - Corporate Summary
Monday, November 22, 2010 - 10:30am | 687• Tyson (NYSE: TSN) posted fiscal fourth quarter earnings of $0.64, beating estimates of $0.56. Revenues were $7.44 billion, below estimates of $7.75 billion • Tech Data (NASDAQ: TECD) reported third quarter earnings $1.07 up from estimates of $0.95 on revenues of $6.16 billion that beat estimates...
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Dahlman Reports Increased Offshore Activity
Monday, November 22, 2010 - 9:50am | 319Dahlman Rose has published a research report on oil field services as the industry continues to grow its offshore project backlog, showing a significant increase in offshore activity. In the report, Dahlman Rose writes "The last three months have seen an acceleration of indications for offshore rig...
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U.S. Rig Count Retreats - Analyst Blog
Monday, November 22, 2010 - 9:45am | 892In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting decreases in the land and offshore rig counts for natural gas drilling. The Baker Hughes...
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Atwood Keeps The Old, And Invests In The New
Monday, November 22, 2010 - 9:33am | 144Jefferies & Company has published a research report on Atwood Oceanics (NYSE: ATW) as the company maintains its good contract cover and invests in new growth. In the report, Jefferies writes "After virtually no new-build jack-up orders for 2 years, ATW placed the first ones in a flurry of 11...
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Wells Fargo Securities Downgrades ATW To Market Perform
Monday, November 22, 2010 - 7:38am | 44Analysts at Wells Fargo Securities downgrade Atwood Oceanics Inc (NYSE: ATW) from "outperform" to "market perform." ATW's shares lost 4.54% to close at $35.94 on Friday. More Analyst Ratings here