Oil & Gas Equipment & Services

Deutsche Bank reiterated its Buy rating on Basic Energy Services (NYSE: BAS). At the same time, the rating agency raised its price target on the company's stock from $42 to $43. On Friday, BAS closed the day at $34.67.

Analysts at Credit Suisse upgraded Mindray Medical International Limited (NYSE: MR) from “neutral” to “outperform.” MR's shares closed at $26.95 on Friday. Mindray Medical's PEG ratio is 0.98. Analysts at BB&T Capital upgraded Brown Shoe Company Inc (NYSE: BWS) from “hold” to “buy.” BWS'...

Pre-open movers US stock futures are lower this morning, as the nation's debt ceiling talks failed to progress. Futures for the Dow Jones Industrial Average dipped 95 points to 12,526.00 and S&P 500 index futures fell 9.80 points to 1,330.20. Nasdaq 100 futures dropped 14.75 points to 2,413.25...

Dahlman Rose reiterated its Hold rating on Basic Energy Services (NYSE: BAS). At the same time, the rating agency raised its price target on the company's stock from $39 to $40. On Friday, BAS lost 5.89% of its value to finish the week at $34.67.

Baker Hughes Inc (NYSE: BHI) reported a strong rise in its second-quarter net profit. Baker Hughes reported its quarterly net profit at $338 million, or $0.77 per share, up from $93 million, or $0.23 per share, in the year-ago period. Excluding items, the company's earnings came in at $0.93 per...

Pritchard Capital provided color on Baker Hughes (NYSE: BHI). In a research report published today, Pritchard Capital states, ”The U.S. rig count surged by 11 this week to 1,916 according to the Baker Hughes, Inc. (BHI-$79.50) data, while Smith Bits rig count reported an increase of four rigs....

BMO Capital Markets has upgraded Basic Energy Services (NYSE: BAS) to Market Perform.

US stock futures are lower this morning, as the nation's debt ceiling talks failed to progress. Futures for the Dow Jones Industrial Average dipped 88 points to 12,533.00 and S&P 500 index futures fell 8.60 points to 1,331.40. Nasdaq 100 futures dropped 12.25 points to 2,415.75. US stocks...

Kimberly Clark Corp (NYSE: KMB) is expected to report its Q2 earnings at $1.15 per share on revenue of $5.13 billion. Broadcom Corp (NASDAQ: BRCM) is estimated to post its Q2 earnings at $0.63 per share on revenue of $1.80 billion. Baker Hughes Incorporated (NYSE: BHI) is expected to report its...

Roper Industries (NYSE: ROP) is scheduled to report its second-quarter 2011 results Monday, July 25, before the opening bell. Investors will be looking for updates on the recently completed acquisition of Northern Digital, and how the acquisition might influence the company's sales and earnings...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

Jefferies raised its GulfMark Offshore (NYSE: GLF) price target from $50 to $62 in a research report published today. Jefferies has previously given GulfMark Offshore a Buy rating. In the report, Jefferies states, "GLF's strong 2Q11 results reflect the recent strength seen in the North Sea and a...

The International Finance Corporation (IFC), the private-investment arm of the World Bank Group, will invest USD 1 million in Advans Cote d'Ivoire, a member of the Advans SA group of microfinance institutions (MFIs). The equity investment will be used to finance the growth of Advans Cote d'Ivoire...

Cusick's Corner Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It's hot in DC right now but tempers could get even hotter this weekend if there's no debt deal. Some traders may lack faith in any debt deals being made anytime...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of National-Oilwell Varco (NYSE: NOV) are hitting new 52-week...