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Benzinga's Top ETF Gainers, June 28th (ERX, DIG, DAG, TNA)
Tuesday, June 28, 2011 - 6:14pm | 186Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) led the gainers among the ETFs on Tuesday, with an increase of 8.09%. In the energy space, National-Oilwell Varco, Inc. (NYSE: NOV) spiked 5.46%, and Halliburton Company (NYSE: HAL) added 5.32%. ProShares Ultra Oil & Gas (ETF) (NYSE: DIG)...
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Willbros Awarded $10M Tank Contract in Canada
Tuesday, June 28, 2011 - 3:05pm | 68Willbros Group, Inc. (NYSE: WG) announced today that its Canadian unit, Willbros Canada, has been awarded a cost-reimbursable contract associated with an oil sands project near Fort McMurray, Alberta, Canada. Willbros Canada will design, supply, fabricate, deliver and erect six (6) field erected...
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Willbros Awarded Tank Contract in Canada
Tuesday, June 28, 2011 - 3:01pm | 124Willbros Group, Inc. (NYSE: WG) announced today that its Canadian unit, Willbros Canada, has been awarded a cost-reimbursable contract associated with an oil sands project near Fort McMurray, Alberta, Canada. Willbros Canada will design, supply, fabricate, deliver and erect six (6) field erected...
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Gulf Island Fabrication Awarded Contracts on Three New Projects
Tuesday, June 28, 2011 - 2:30pm | 270Gulf Island Fabrication, Inc. (NASDAQ: GIFI) announced today, that through its subsidiary Gulf Island, LLC, it has signed contracts for the fabrication of three new projects totaling $125 million and approximately 1.2 million man-hours which will be included in the Company's consolidated backlog...
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U.S. Stocks Extend Gains; Accenture Breaks Out
Tuesday, June 28, 2011 - 2:10pm | 76Stocks continued to press higher in mixed trade in late trading. The Nasdaq led with a 1.4% gain. The NYSE and S&P 500 each climbed 1.2%. Volume rose a fraction on the NYSE and slipped on the Nasdaq. Oil prices rebounded more than 2%, to near $93 a barrel, as the euro gained and the dollar...
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Gulf Island Fabrication Signs Contract for Fabrication of the Topsides for Williams Partners' Floating Production System
Tuesday, June 28, 2011 - 2:02pm | 228Gulf Island Fabrication, Inc. (NASDAQ: GIFI) announced today, that through its subsidiary Gulf Island, L.L.C., it has signed a contract for the fabrication of a 7,000 ton topsides for Williams Partners' proprietary floating-production system, Gulfstar FPS™. Revenue and man-hour backlog will be...
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Oil Services Surging
Tuesday, June 28, 2011 - 1:22pm | 83Shares of the Oil Services HOLDRs Trust ETF (NYSE: OIH) are flying higher on Tuesday as the energy sector is leading a triple digit rally in the Dow. The OIH has jumped 4% to $146.88. Among the component stocks of the ETF that are having particularly strong sessions are Halliburton (NYSE: HAL)...
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Calls Purchased on Complete Production Services
Tuesday, June 28, 2011 - 9:50am | 115Shares of Complete Production Services, Inc. (NYSE: CPX) are higher on the session by 2.77%, currently trading at $30.75. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today...
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Mad Money Lightning Round: Cramer Likes Schlumberger, Oracle
Tuesday, June 28, 2011 - 12:02am | 242On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he “wants to own Schlumberger (NYSE: SLB) right here.” He added, “I never get this stock at a discount." Cramer said that he has been “negative on Geron (NASDAQ: GERN) for awhile. It's not worth selling down here but it's not...
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Matrix Service Selected to Construct a New Heat Recovery Boiler at the ConocoPhillips Bayway Refinery
Monday, June 27, 2011 - 4:01pm | 91Matrix Service Co. (Nasdaq: MTRX) today announced that its subsidiary, Matrix Service Industrial Contractors Inc., has been awarded a contract for a new heat recovery boiler at ConocoPhillips (NYSE: COP) Bayway Refinery in Linden, New Jersey. Matrix Service's scope includes structural steel,...
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FMC Technologies to Supply Subsea Systems for Shells Prelude Project
Monday, June 27, 2011 - 3:00pm | 74FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Shell Development Pty. Ltd. to supply subsea production and associated topside systems for the Prelude field development. The companies also announced an aftermarket agreement that will result in FMC...
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Dahlman Rose Has Buy Rating On Baker Hughes
Monday, June 27, 2011 - 11:42am | 126Dahlman Rose & Co. has a Buy rating and a $95 price target on shares of Baker Hughes Incorporated (NYSE: BHI). In a note to clients, Dahlman Rose & Co. writes, "The Baker Hughes US Rig Count increased by 22 rig to 1,882, driven by an increase of 19 rigs drilling for oil. The horizontal and...
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Morgan Keegan Raises PT On Halliburton To $67
Monday, June 27, 2011 - 8:03am | 28Morgan Keegan has raised the price target on the Halliburton Company (NYSE: HAL) from $65 to $67 and maintains its Outperform rating.
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Pritchard Capital Provides Color on Oil Sector
Monday, June 27, 2011 - 6:12am | 77Pritchard Capital provided color on the oil sector. In a research report published today, Pritchard Capital states, “The Oil Service Index (OSX-248.73) retreated 0.7% last week to underperform the S&P 500 (1,268.45) by 46 basis points. The top performers were the geotechnology names as the...
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Benzinga's Top ETF Decliners, June 24th (SOXL, AGQ, ERX, TQQQ)
Friday, June 24, 2011 - 7:00pm | 172Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) traded 7.15% lower on Friday on the weakness in the semiconductor space. Cisco Systems, Inc. (NASDAQ: CSCO) dropped 3.49%, and closed at $14.93. ProShares Ultra Silver (ETF) (NYSE: AGQ) traded lower today for the third consecutive trading...