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ETFs To Watch July 22, 2010 (DOG, TBT, FXY, EDC)
Thursday, July 22, 2010 - 7:10am | 230Here is the ETF Professor's ETF Watch List for Thursday July 22, 2010. Play earnings from Continental Airlines with the Claymore/NYSE Arca Airline ETF (NYSE: FAA). With six Dow components reporting on Thursday, play the DIAMONDS Trust (NYSE: DIA) or the Short Dow30 ProShares (NYSE: DOG). Plenty of...
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Benzinga's After Hours Decliners (TUP, NE, TXN, IBM, ATHR, ZION)
Monday, July 19, 2010 - 7:38pm | 183Among the notable stocks that are falling in the after hours are Tupperware (NYSE: TUP), Noble Corp. (NYSE: NE), Texas Instruments (NYSE: TXN), IBM (NYSE: IBM), Atheros Communications (NASDAQ: ATHR), and Zions Bancorporation (NASDAQ: ZION). This list comprises every single notable company to...
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Noble Corp. Misses Estimates Badly; Stock Down After Hours (NE)
Monday, July 19, 2010 - 5:32pm | 82Offshore driller Noble Corp. (NYSE: NE) released its quarterly earnings on Monday after the closing bell. The company reported Q2 earnings of $218 million or $0.85 per share compared to $392 million or $1.49 per share in the year ago period. This compared with analysts' estimates of $1.05....
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Pritchard Capital Partners Lowers Price Target on Nabors Industries (NBR)
Monday, July 19, 2010 - 10:38am | 190Pritchard Capital Partners is out with a brief research note, where it reiterates its Buy rating on Nabors Industries (NYSE: NBR); it also lowered its price target to $24 from $29. The PCP analysts said, “(The stock is) down ~8% last week, ~20% over the past month, and just 63% of its 52-week high...
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Benzinga’s Top Downgrades (SWN, UPL, DO, RBA)
Friday, July 16, 2010 - 9:16am | 155Southwestern Energy Company (NYSE: SWN) was downgraded by Goldman from “buy” to “neutral.” SWN’s shares closed at $38.81 yesterday. Southwestern Energy’s earnings are likely to fall by 106.33% this year. Goldman downgraded Ultra Petroleum Corp (NYSE: UPL) from “buy” to “neutral.” UPL’s shares...
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Oil Names Skyrocketing On BP Reports (BP)
Thursday, July 15, 2010 - 4:04pm | 89Reports are coming from the Gulf of Mexico that oil from BP's (NYSE: BP) Macando well is no longer flowing into the ocean. Oil stocks have been skyrocketing on this news. BP has jumped 7.57% to $38.92. Anadarko Petroleum (NYSE: APC), which owns a 25% non-operating stake in the well is 3.01% higher...
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BP Soars on Preliminary Well Test (BP, RIG)
Thursday, July 15, 2010 - 4:00pm | 129Shares of BP plc (NYSE: BP) are soaring, currently higher by 8.62%, trading at $39.30. This comes after the company reported that they have potentially stopped the flow of oil into the Gulf of Mexico. While management said that they are “very encouraged” by the lack of flow, they reminded everyone...
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Expectations On Q2 Earnings Relatively Low, Despite Strong Field Fundamentals: Deutsche Bank
Thursday, July 15, 2010 - 10:27am | 290Deutsche Bank says, “Despite myriad macro concerns (potential for slowing growth in China, European sovereign debt issues et al), the most important indicator for upstream companies - the price of oil - has remained remarkably firm. Meanwhile, as the focus has remained on the Gulf of Mexico (GoM)...
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Tim Seymour Sees Some Potential In Diamond Offshore Drilling (DO)
Tuesday, July 13, 2010 - 7:31pm | 119On CNBC's Fast Money, Tim Seymour gave his opinion about deepwater oil drilling moratorium plays. He believes that Diamond Offshore Drilling, Inc. (NYSE: DO) should be bought, because it has a great flexibility and it is able to cut some contracts and move elsewhere. Diamond Offshore Drilling, Inc...
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Joe Terranova's Thoughts On Ensco (ESV)
Monday, July 12, 2010 - 8:18pm | 127On CNBC's Fast Money, Joe Terranova gave his opinion about Greenlight Capital's position in ENSCO PLC (NYSE: ESV). He explained that David Einhorn is doing everything he can to get away from the Gulf of Mexico, and ENSCO (ESV) is a perfect pick because its revenues are not U.S. centric. Joe...
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Benzinga's After Hours Gainers (MBI, AA, ESV, FCX)
Monday, July 12, 2010 - 6:42pm | 211Among the notable stocks that are moving higher in the after hours trading session are MBIA (NYSE: MBI), Alcoa (NYSE: AA), Ensco (NYSE: ESV) and Freeport-McMoran (NYSE: FCX). MBIA (MBI) shares have risen 7.31% to $6.90 after Bruce Berkowitz's Fairholme Capital Management disclosed an 11.1% stake...
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Big Money Yet to Buy Into July Rally 07-12-2010
Monday, July 12, 2010 - 6:40pm | 668Cusick’s Corner The major indices held up into the After Hours, minus the small caps like RUT. This does not totally dampen the potential for upside, but it is putting traders a little more on the alert. Alcoa (AA) announced and beat by a penny but the market in the After Hours is muted,...
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Take A Look At These Oil Names
Monday, July 12, 2010 - 4:02pm | 208Investors should consider adding oil to their portfolios. To build a position in the oil sector, investors should divide capital between a number of companies in order to reduce company specific risk. This is similar to buying an ETF such as the Oil Service HOLDRs ETF (NYSE: OIH), but allows you to...
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Earnings Season Kicks Off 07-12-2010
Monday, July 12, 2010 - 2:52pm | 765Cusick’s Corner Hope you all had a good weekend and are well rested for the kick off of the Q2 earnings season which is shaping up to be a busy one. The market looks to be content at this stage to stay in a tight, whippy range in front of the earnings announcements, but after last week’s action to...
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Bronco Drilling Announces Monthly Operating Results (BRNC)
Friday, July 9, 2010 - 4:51pm | 171Bronco Drilling Co. (NASDAQ: BRNC) announced June operational results after the bell today. Utilization for the company's drilling fleet was 56% for the month of June, which compares to 54% for the month of May and 43% for the first quarter of 2010. The company said that it had an average of 37...