Oil & Gas Equipment & Services

Curis Inc (NASDAQ: CRIS) shares surged 19.45% to $3.50 at 9:45 am. CRIS reported positive outcome in Genentech pivotal Phase II clinical trial of GDC-0449 in patients with advanced basal cell carcinoma (BCC). optionsXpress Holdings Inc (NASDAQ: OXPS) shares advanced 15.13% to $17.65. Charles...

Jefferies is out with its report today on Halliburton (NYSE: HAL), lowering its EPS estimates. In a note to clients, Jefferies writes, "We are reducing our 1Q EPS estimate to $0.58 from $0.66, tweaking our 2Q estimate and lowering our 2011 estimate goes to $2.80 from $2.90. Our 2012 estimate...

TGC Industries Inc (NASDAQ: TGE) rose 17.13% to $8 in the pre-market session. Dawson Geophysical Co (NASDAQ: DWSN) agreed to buy TGE for stock valued at $157 million, or $8 per share. Curis Inc (NASDAQ: CRIS) added 16.04% to $3.40 in pre-market trading. CRIS reported positive outcome in Genentech...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Starbucks (NASDAQ: SBUX) “might be three down, 10 up. I like that ratio." He said that Schlumberger (NYSE: SLB) is a “winner, but it's also a wild trader. I'd buy some in stages." Jim said that Honda Motor (NYSE: HMC) “holds...

Shares of CARBO Ceramics Inc. (NYSE: CRR) are higher on the session by 1.34%, trading at $123.82. Overall put volume is now running at 2.99x the daily average, with 53% of all puts traded being purchases on the offer. 1,394 contracts have traded on the session so far. CARBO Ceramics Inc. is a...

In a report published by Goldman Sachs, IHS (NYSE: IHS) organic growth returns to all segments. Goldman Sachs said that IHS reported in line 1QFY11 revenue, adjusted EBITDA, and adjusted EPS of $295 mn, $83 mn, and $0.71 vs. our estimates of $291 mn, $84 mn, and$0.68 Organic growth improved to 9%...

In a report published by Morgan Stanley, IHS (NYSE: IHS) organic revenue growth hit 9 percent. Morgan Stanley said that IHS delivered a solid quarter, driven by stronger-than-expected organic growth of 9%, up from 6% in Q4, a good recovery after last quarter's stagnation in organic growth. “The...

Piper Jaffray has raised the price target on IHS, Inc. (NYSE: IHS) from $84 to $90 and maintains its Overweight rating.

Direxion Daily Developed Markets Bull 3X Shares(ETF) (NYSE: DZK) led the gainers among the ETFs on Thursday, with an increase of 9.37%. DZK closed at $63.24, and it had a volume of 79K traded shares. Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) spiked 8.74% as the energy stock traded...

IHS Inc. (NYSE: IHS), a leading global source of critical information and insight, today reported results for the first quarter ended February 28, 2011. Revenue for the first quarter of 2011 totaled $295 million, a 23 percent increase over first quarter 2010 revenue of $241 million. Net income...

The Oil Service HOLDRs Trust ETF (NYSE: OIH) has added nearly 4% on Thursday to $156.57. This security is a great way to gain exposure to the energy sector and is comprised of drillers and service names such as Schlumberger (NYSE: SLB), Halliburton (NYSE: HAL) and Transocean (NYSE: RIG). The OIH...

Goldman Sachs is out with a research note this morning, where it suggests that traders continue to buy calls on select energy and big oil stocks as volatility is likely to remain high and they expect strong global demand to drive oil prices and oil stocks higher. The analysts selected nine stocks...

Jefferies has raised the price target on CGGVeritas (NYSE: CGV) from $20.00 to $33.00 and maintains its Hold rating.

J.P. Morgan is out with a report today which discusses analysts' newly lowered estimates for the 2011 and 2012 EPS of Weatherford International (NYSE: WFT). The revised estimates are the result of updated guidance provided by Weatherford management in an 8-k released today. 1Q11 EPS has been guided...

Jefferies is out with its report today on Willbros Group (NYSE: WG), maintaining Hold. In a note to clients, Jefferies writes, "While there is a lot of potential activity for the Upstream business to unfold over the next several years, the near-term earnings outlook is challenging. The Downstream...