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Pritchard Capital Reiters Buy Rating, $80 Price Target On FMC (FTI)
Monday, July 26, 2010 - 1:04pm | 201In a research report, Pritchard Capital Partners reiterated its Buy rating and price target of $80 on shares of FMC Technologies (NYSE: FTI). In the report, Prichard Capital writes, "Surprise, surprise, FTI killed the quarter once again on robust margins, reporting EPS of $0.78 compared to our $0....
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Jeffries Previews Oil & Gas Sector
Monday, July 26, 2010 - 10:16am | 93Analysts at Jeffries & Co. see near-term positives for the oil and gas services, namely GulfMark Offshore (GLF) and Hornbeck Offshore (HOS). As for GLF, Jeffries states that second quarter results will likely be in-line with the possibility of a slight beat. Analysts believe that "HOS has a "...
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FMC Technologies: Income And Revenue Down, Backlog Up (FTI)
Monday, July 26, 2010 - 9:22am | 168Offshore oilfield equipment manufacturer FMC Technologies, Inc. (NYSE: FTI) announced on Monday morning that it beat consensus Wall Street earnings estimates but missed consensus revenue expectations. FMC Technologies, Inc. (FTI) reported that its 2nd quarter net income fell to $96.2 million, or 78...
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Dahlman Rose Raises Estimates on Schlumberger (SLB)
Friday, July 23, 2010 - 5:04pm | 334Dahlman Rose & Co. is out with a research report this afternoon, where it reiterates its Buy rating on Schlumberger ltd (NYSE: SLB); it has a $95.00 price target on the stock. The Dahlman Rose analysts said, “Schlumberger's (SLB) North American results were the key driver that pulled earnings...
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Top 5 Percentage Gainers On NYSE (DV, CKH, ENZ, LAD, CMG)
Friday, July 23, 2010 - 3:18pm | 97The Top 10 percentage gainers on the New York Stock Exchange as of 3:00 p.m. (This only includes companies which have traded at least 100,000 shares). Devry (NYSE: DV) is rising 14.11%. SEACOR Holdings Inc. (NYSE: CKH) is rising 12.16% Enzo Biochem, Inc. (NYSE: ENZ) is rising 9.7% Lithia Motors,...
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Stocks Under $3? On the New York Stock Exchange?
Friday, July 23, 2010 - 2:04pm | 342Surprisingly, there are about 45 stocks trading on the New York Stock Exchange which trade for less than $3 a share. Of course, some of these are on the verge of delisting, many are on the verge of bankruptcy, but you may find a few gems on the list of NYSE stocks under $3, just published by...
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Drillers Are No Longer Trading Together
Friday, July 23, 2010 - 11:16am | 420The leading energy drilling stocks have faced major headwinds since the BP plc (NYSE: BP) oil leak in the Gulf of Mexico. It seems that most of the companies in the drilling sector have bounced since early June. However, since that period these stocks are now trading in their own world and no...
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Schlumberger Posts In-Line Q2 EPS, Exceeds Revenue Targets
Friday, July 23, 2010 - 7:55am | 51Schlumberger Limited (NYSE: SLB) reports its Q2 EPS, ex-charges, at $0.68, in-line with the consensus of $0.68. Schlumberger reports its Q2 revenue at $5.94 billion, up from the consensus of $5.91 billion. Read more from Benzinga's Company news.
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Schlumberger Q2 Net Income Rises 33%; Shares Fall
Friday, July 23, 2010 - 7:50am | 94Schlumberger (NYSE: SLB) said its Q2 net income jumped 33% as deepwater drilling activity remained robust in areas other than the Gulf of Mexico. The Houston oil services company reported earnings of $818 million, or $0.68 per share, up from $613 million, or $0.51 per share, in the year-ago...
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Pritchard Capital Increases Price Target For Complete Production Services, Inc.
Thursday, July 22, 2010 - 11:22am | 81Complete Production Services, Inc. (NYSE: CPX) reported an incredible June quarter EPS of $0.20 vs. Pritchard's estimate of $0.03. Pressure Pumping and Coiled Tubing activity and utilization has increased, causing a drive upward in revenue and margins. Pricing was minor, according to Pritchard....
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Core Laboratories’ Earnings Mixed; Shares Indicated Lower (CLB)
Wednesday, July 21, 2010 - 4:43pm | 98Core Laboratories NV (NYSE: CLB) reports Q2 EPS $0.71 vs consensus of $0.72. Core Laboratories NV reports Q2 revenue $198.9 million vs consensus of $189.52 million. The company said that they see Q3 EPS of $0.76 to $0.78. This compares to the Street consensus of $0.76 per share on revenue of 197.11...
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Benzinga’s Volume Movers (VSAT, IDSA, CEPH, SWSI)
Wednesday, July 21, 2010 - 2:08pm | 172ViaSat Inc (NASDAQ: VSAT) shares gained 6.92% to $35.67 at 12:38 pm. The volume of VSAT shares traded was 431% higher than normal. VSAT has introduced high definition video ISR system at Farnborough Air Show. Industrial Services of America (NASDAQ: IDSA) shares moved up 10.84% to $13.39. The volume...
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Dahlman Rose & Co. Maintains Buy Rating On Weatherford After Earnings (WFT)
Wednesday, July 21, 2010 - 11:14am | 159Weatherford International (NYSE: WFT) reported earnings on July 20th, beating Wall Street estimates. Boosting the company's results were U.S. land and Eastern Hemisphere operations. Weatherford (WFT) reported EPS of $0.11 compared to analysts' consensus estimates of $0.07. Year over year revenues...
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Late Pop Impressive 07-20-2010
Tuesday, July 20, 2010 - 7:12pm | 705Cusick’s Corner This nice pop into the After Hours is impressive. Almost every sector is up and bouncing off mid-term support (50-Day Moving Average) and on decent volume, but be careful not to get too caught up in the emotion of this move. The afternoon move started to look more like a potential...
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Benzinga's Top ETF Decliners (EDZ, SMN, ERY, BZQ)
Tuesday, July 20, 2010 - 4:37pm | 208Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) fell 7.20% on Tuesday, as the MSCI Emerging Markets Index traded higher. Vale (ADR) (NYSE: VALE) gained 6.74%, and closed at $26.44. ProShares UltraShort Basic Materials (ETF) (NYSE: SMN) dropped 6.33%, as basic materials names traded...