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New ENSCO (ESV) 8501 Ultra-Deepwater Semisubmersible Commences Drilling Under Nexen and Noble Energy Contract
Thursday, October 15, 2009 - 9:09pm | 124Ensco International Incorporated (NYSE: ESV) announced that ENSCO 8501, the second of seven new ultra-deepwater semisubmersibles in the ENSCO 8500 Series®, commenced operations in the Gulf of Mexico on October 8 under a three-and-a-half year contract with Nexen and Noble Energy. Chairman, President...
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Biggest Losers (CHTP,ILI,CNXT,HERO,NMR)
Thursday, September 24, 2009 - 10:51am | 357Chelsea Therapeutics International Ltd. (NASDAQ: CHTP) plummeted 66% to $2.35 on huge volume of 26.84 million shares after its neurological disorder drug didn't meet the primary endpoint of a late-stage study. The biopharmaceutical development company said that in the first of two Phase III studies...
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Stocks to Watch (CTAS,ERTS,RIMM,RHT,HERO,PAYX,PPS)
Thursday, September 24, 2009 - 6:18am | 345Cintas Corporation (NASDAQ: CTAS) rose 2.65% to $28.35 in after hours trading as the largest U.S. supplier of uniforms reported first-quarter profit of 43 cents a share, beating the average analyst estimate by 9.4%. Electronic Arts Inc. (NASDAQ: ERTS) may be in focus as Microsoft Corporation (...
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Top 5 Undervalued Stocks
Tuesday, September 22, 2009 - 10:22am | 212Rowan Cos Inc (NYSE: RDC) was upgraded by Deutsche Securities from “hold” to “buy.” The company reported its 2Q09 EPS $0.03 ahead of the consensus mainly due to lower drilling costs. Rowan’s rig fleet has an average age of 19 years. The PEG ratio is at 0.5. Endurance Specialty Holdings (NYSE: ENH)...
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Fast Money Crew Bearish On AA, RIG And CAT
Friday, September 18, 2009 - 6:17pm | 91CNBC’s Fast Money crew gave their recommendations for September 21st. Tim Seymour would sell Alcoa (NYSE: AA). He thinks that their great run has come to an end. Karen Finerman would sell Transocean (NYSE: RIG), and Joe Terranova wants to short Caterpillar (NYSE: CAT). Alcoa (AA) went slightly up...
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Thinnest Notebook Offer from HP (HPQ)
Tuesday, September 15, 2009 - 5:52am | 144HP (NYSE: HPQ) introduced the world’s thinnest full-performance notebook PC, HP ProBook 5310m and HP Pavilion dm3. The HP ProBook 5310m, is a 0.9-inch thin, 3.7 pound notebook sporting a 13.3-inch diagonal LED high-definition (HD) display, and with Intel Core 2 Duo SP9300 Processor. HP Pavilion dm3...
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Today's Morning Top Gainers (BRNC,WXCO,S,HDY,IRSN)
Monday, September 14, 2009 - 12:14pm | 535Bronco Drilling Company, Inc. (NASDAQ: BRNC) is among the top percentage gainers in morning trade and surged 32.66% to $5.89 on huge volume of 1.12 million shares on no news. Since the last week the stock has been trading on high volume and surged up 53% till now in the last 5 trading sessions. WHX...
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Canon (CAJ) and HP (HPQ) Alliance to Market and Distributea New Range of Multifunction Office System
Monday, September 14, 2009 - 5:37am | 116Canon Inc. (NYSE: CAJ) and HP (NYSE: HPQ) to market and distribute Canon’s leading multifunction devices and HP’s enterprise printing and imaging assets. The alliance to offer customers a new class of web-enabled solutions that combine Canon’s superior multifunction device processing and...
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RR Donnelley (RRD) and HP (HPQ) Finalizes Plan to Create a Technology Alliance for Digital Printing Solutions for Inkjet-Based Digital Presses
Thursday, September 10, 2009 - 7:20am | 113R.R. Donnelley & Sons Company (NASDAQ: RRD) and HP (NYSE: HPQ) to create a technology alliance. RR Donnelley’s Research and Development Center which is expected to collaborate with the Inkjet High-speed Production Solutions unit of HP to develop new digital printing technologies. Products are...
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Oil Rallies, Chevron (CVX) Shares Jump
Wednesday, September 9, 2009 - 10:29am | 88US stocks finished higher on Tuesday as news about corporate takeovers buoyed commodity shares. NYMEX crude oil for October delivery climbed $3.08 or 4.5% to settle at $71.10 a barrel. Chevron Corp. (NYSE: CVX) shares moved up 63 cents and advanced $1.52 or 2.20% to $70.48. Contract oil driller...
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A Very Subjective Apple Experience and Long Term Heads Up
Thursday, August 27, 2009 - 2:58pm | 804Currently being absolutely devastated that a friend spilled his orange juice a week ago on my MacBookPro, blogging will remain rather light until I get a replacement which may take up to 6 weeks for the new matt screens on the 15-inch Mac laptop.As I only have a HP 9000 with next to no software on...
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Parker Drilling (PKD) awarded two year O&M contract
Tuesday, August 25, 2009 - 8:05am | 49Parker Drilling (NYSE: PKD) announced the award of an initial two-year Operations and Maintenance contract for BP's Liberty rig, a land-based rig designed to drill ultra-extended-reach wells to offshore targets in the Liberty field from the North Slope.
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GUEST POST - Sean Rakhimov on the Troubles with Forecasting
Monday, August 24, 2009 - 2:08pm | 1645Fretting around because my Mac did not like half a cup of orange juice and its owner simply hates clunky and illogical Softmicro "technology" I am delighted that Vancouver based Sean Rakhimov, editor of SilverStrategies, offered this guest essay about the trouble with persistently correct forecasts...
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Tickets for Maxwell & AC/DC Tours Are Priced Low on TicketNetwork.com
Tuesday, August 18, 2009 - 5:56pm | 795VERNON, CT--(Marketwire - August 18, 2009) - TicketNetwork.com, the leading source for event ticket inventory, announced today that it provides affordable prices for tickets to see R&B singer Maxwell and legendary hard rock group AC/DC on tour in cities nationwide. "Maxwell has finally made...
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Vantage Drilling Company Announces Proposed Public Offering of Ordinary Shares
Tuesday, August 18, 2009 - 4:45pm | 590HOUSTON, TX--(Marketwire - August 18, 2009) - Vantage Drilling Company ("Vantage") (NYSE Amex: VTG.U) (NYSE Amex: VTG) (NYSE Amex: VTG.WS) announced today that it intends to offer, subject to market and other conditions, 46,500,000 of its ordinary shares. In connection with this offering, Vantage...