Oil & Gas Equipment & Services

Shares of ION Geophysical Corporation (NYSE: IO) are higher on the session by 1.64%, trading at $9.94. Overall call volume is now running at 2.28x the daily average, with 1% of all calls traded being purchases on the offer. 1,031 contracts have traded on the session so far. ION Geophysical...

(TheStreet) -- Morningstar (NASDAQ: MORN), the investment-research company that puts a focus on value, tends to recommend stocks that are out-of-favor and stuck in the bargain bin, not those that have surged 78% in the past 12 months. But for Baker Hughes (NYSE: BHI), the company is making an...

ProShares UltraShort Silver (ETF) (NYSE: ZSL) led the decliners among the ETFs on Wednesday, with a 6.64% loss. ZSL traded lower for the third session in a row. VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) dropped 5.56% today, and it closed at $21.39. TVIX traded on Wednesday in a...

ProShares Ultra Silver (ETF) (NYSE: AGQ) spiked 6.41% on Wednesday as silver traded higher. This was the third consecutive trading session that AGQ closed in the positive territory. Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) gained 4.39% today, and closed at $74.95. In the energy...

CGGVeritas (NYSE: CGV) announces today that it has successfully priced an offering of $650 million principal amount of 6.5% Senior Notes due 2021. The notes will be issued at a price of approximately 96.45% of their principal amount, resulting in a yield of 7.0%. The notes are expected to be issued...

After taking profits in all my positions except for Family Dollar (FDO), which included NFLX (+5.3%), GLD (+0.6%), ANV (+1.9%), and CMI (+3.2%), I decided to get into Schlumberger (SLB) at $84.17. I like the trade a lot and has the potential to make a run to $88 in the very short-term. I've also...

Morgan Stanley is out with its report today on Halliburton (NYSE: HAL), upgrading HAL to Overweight. In a note to clients, Morgan Stanley writes, "HAL has historically traded at a P/E discount vs. its major peers due to its outsized exposure to NAm (70% of 2011e earnings vs. 52% for its peers),...

Exterran Partners, L.P. (NASDAQ: EXLP) today announced that it priced a previously announced underwritten public offering of 5,000,000 common units representing limited partner interests in the Partnership at $25.95 per common unit. The offering is expected to close on or about May 31, 2011. The...

Morgan Stanley has upgraded Halliburton (NYSE: HAL) to Overweight and has raised the price target from $66 to $85.

ProShares UltraShort Silver (ETF) (NYSE: ZSL) dropped 8.52% on Tuesday as silver traded higher. This was the second trading session in a row that ZSL closed higher. ProShares UltraShort DJ-UBS Crude Oil ETF (NYSE: SCO) lost 4.27% today as crude oil rebounded on the weaker dollar. SCO closed today...

Exterran Partners,(NASDAQ: EXLP) today announced the commencement of an underwritten public offering of 5,000,000 common units representing limited partner interests pursuant to an effective shelf registration statement on Form S-3 previously filed with the Securities and Exchange Commission. The...

The markets have slowly faded off the opening highs as fears about the global economy continue. This market is not just worried about the European debt crisis which has bubbled up again, but also the debt ceiling issue in the U.S., inflation, jobs and the end of QE2. There is a ton of gray in the...

CGGVeritas (NYSE: CGV) announces today that it intends to pursue an offering of senior notes due 2021 in an aggregate principal amount of approximately $600 million in a private placement in the international capital markets. The notes will rank pari passu with the existing senior notes of...

Shares of FMC Technologies (NYSE: FTI) are higher on the session by 2.56%, currently trading at $42.40. The stock has been moving largely lower over the past six weeks and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying calls on the name today...

Gabelli is out with its report today on Weatherford International (NYSE: WFT), maintaining Buy. In a note to clients, Gabelli writes, "While disappointing earnings, weather and political disruptions, a pending Foreign Corrupt Practices Act investigation and a material weakness in internal controls...