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Freeport-McMoran Continues To Go Higher (FCX)
Monday, January 4, 2010 - 12:48pm | 161Freeport-McMoran Copper & Gold, Inc. (NYSE: FCX) had an amazing run in 2009 and the stock is 3.72% higher again today. The shares are currently trading at $83.32, which represents a one year return of 211%. According to Google Finance, "Freeport-McMoran Copper & Gold Inc. (FCX), through...
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Credit Suisse Bumps Halliburton Target Price (HAL)
Thursday, December 31, 2009 - 11:42am | 139Halliburton (NYSE: HAL), the energy services conglomerate, has become almost synonymous with what is wrong with corporate America, at least in some circles (those that are not particularly fond of the war in Iraq nor Dick Cheney). But on Wall Street, printing money can go a long way towards...
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Benzinga’s Top Upgrades & Downgrades (JEF, CTCM, CZZ, GOK, UNH, AMCS, HRB)
Tuesday, December 29, 2009 - 10:23am | 332Jefferies Group, Inc. (NYSE: JEF) was today upgraded by Keefe, Bruyette and Woods from Market Perform to Outperform and price target set to $30. Jefferies Group is now trading at $5.51, 0.73% up in the pre-market session. So far in 2009, JEF gained over 225%. CTC Media, Inc. (NASDAQ: CTCM) was...
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Short Term Headwinds For EXLP, Long Term Growth Story Intact
Monday, December 28, 2009 - 2:50pm | 118Analyst Richard Gross of Barclays Capital maintains his "equal weight" rating on Exterran Partners (NASDAQ: EXLP). The target price for EXLP has been raised from $17.50 to $23.00. According to Barclays Capital, Exterran Partners may witness weak fundamentals in its US compression business...
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Stock Market News for December 24, 2009 - Market News
Thursday, December 24, 2009 - 9:42am | 376U.S. stocks closed higher for a fourth day on Wednesday as disappointment over a surprise drop in home sales was offset by strength in technology and commodities-related shares. Stocks declined in early trading after a Commerce Department report noted new home sales fell to their lowest level...
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New 52-Week High Stocks (SMLC, ACGY, ACXM, AHGP, ASPS)
Wednesday, December 23, 2009 - 3:07pm | 235012 Smile.Communications Ltd (NASDAQ: SMLC) has made a new 52-week high of $19.64, after gaining 3.48% in today’s trading. The 52-week range for SMLC is $3.40-$9.66. SMLC provides a range of broadband and traditional voice services in Israel. Acergy SA (NASDAQ: ACGY) has made a new 52-week high of...
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NYC Hydraulic Fracturing Poses Threat To Drinking Water (SLB, HAL, XOM, XTO)
Wednesday, December 23, 2009 - 2:02pm | 136The drilling process that involves blasting through rock with a mixture of water, sand and a proprietary list of chemicals that are used to split the shale formation and free the trapped shale gas, the most promising source of U.S. energy, is posing a threat to New York city`s drinking water....
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SLB Leveraged To Secular Growth In Oil Services Industry
Wednesday, December 23, 2009 - 12:54pm | 126Analyst James D Crandell of Barclays Capital upgrades Schlumberger Ltd (NYSE: SLB) from "equal weight" to "overweight," while raising his estimates for the company. The target price for SLB has been raised from $64 to $73. According to Barclays Capital, SLB is a primary beneficiary of the powerful...
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Schlumberger Upgraded At Barclays (SLB)
Wednesday, December 23, 2009 - 12:29pm | 86Oil services giant, Schlumberger (NYSE: SLB), has been upgraded at Barclays Capital from equal weight to overweight. The analyst cited financial strength, management, and said the company will benefit from increased exploration activity. The investment bank's price target for SLB was raised from $...
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Company News for December 23, 2009 - Corporate Summary
Wednesday, December 23, 2009 - 10:26am | 347• Micron Technology (NYSE:MU) posted fiscal first quarter earnings of 23 cents a share, up from estimates of 6 cents, on revenues of $1.74 billion, which beat consensus projections of $1.59 billion • Cintas (NASDAQ:CTAS) reported non-GAAP earnings fell 21% to 39 cents, four cents under projections...
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Benzinga’s Top Upgrades (SNDK, GLW, SLB, PNFP, NEWP, THC)
Wednesday, December 23, 2009 - 10:07am | 283SanDisk Corporation (NASDAQ: SNDK) was today upgraded by ThinkEquity from Hold to Buy with a price target of $35. SanDisk Corporation is now trading at $7.86, 1.53% up in the pre-market session. So far in 2009, SNDK gained over 185%. Corning Incorporated (NYSE: GLW) has climbed 0.99% to $19.43 in...
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Barclays Upgrades Schlumberger To Overweight (SLB)
Wednesday, December 23, 2009 - 9:31am | 116Barclays Upgrades Schlumberger (NYSE: SLB) to Overweight With its strong international market position, commanding market share in deepwater logging, well built out infrastructure throughout the eastern hemisphere, financial strength, deep management and a product line that benefits more than...
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Best And Worst Performers Of 2009 (AMZN, SBUX, GOOG, CLB, GE)
Wednesday, December 23, 2009 - 8:41am | 154Toby Shute of seekingalpha has picked the best and the worst performing stocks for the year 2009. The best performed are Amazon.com, Inc. (NASDAQ: AMZN), which returned 160.82% YTD; Starbucks Corporation (NASDAQ: SBUX) that returned 150.74%; Google Inc. (NASDAQ: GOOG) that returned 95.39% and Core...
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Mad Money’s Cramer Picks Top Ten Nat Gas Stocks (CHK, XTO, APC, DVN, UPL)
Tuesday, December 22, 2009 - 1:54pm | 333Mad Money’s Jim Cramer suggests that the U.S. should focus on natural gas untill alternative energies become viable. Natural gas is a cleaner commodity than coal or oil, and the U.S. is sitting on 2 quadrillion cubic feet or more of it. Job creation is another plus, and he expects the price per...
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Dresser Rand Group, Inc. (DRC) Given A Buy Rating And $37.50 Price Target
Tuesday, December 22, 2009 - 11:31am | 124Pritchard Capital Partners, LLC has initiated coverage of Dresser Rand Group, Inc. (NYSE: DRC) with a Buy Rating and $37.50 Price Target. Analyst Jeff Spittel says that Dresser Rand Group, Inc.’s engineered rotating equipment is used at virtually every stage of the hydrocarbon supply chain. DRC...