-
Exterran Holding and Exterran Partners Announce Secondary Offering
Monday, February 28, 2011 - 4:27pm | 123Exterran Holdings, Inc. (NYSE: EXH) and Exterran Partners, L.P. (NASDAQ: EXLP) today announced that Exterran Partners is filing a preliminary prospectus supplement with the Securities and Exchange Commission relating to a proposed secondary offering of common units representing limited partner...
-
Merger Arbitrage Mondays – February 28, 2011
Monday, February 28, 2011 - 10:11am | 4863Merger activity increased last week with six new deals announced and five deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 29 Total Number of Deals Not...
-
Deutsche Bank Raises EXLP Target From $28 To $32
Monday, February 28, 2011 - 8:31am | 30Deutsche Bank is raising its PT on shares of Exterran Partners, L.P. (NASDAQ: EXLP) from $28 to $32. Exterran Partners closed Friday at $31.07.
-
Oceaneering Announces McEvoy to Succeed Collins as President and CEO
Monday, February 28, 2011 - 8:03am | 67Oceaneering International, Inc. (NYSE: OII) announced that T. Jay Collins will retire from his position as President and Chief Executive Officer (CEO) immediately following the 2011 Annual Meeting of Shareholders, which is scheduled to be held on May 6, 2011. M. Kevin McEvoy, Oceaneering's...
-
Dril-Quip, Inc. Reports Q4 EPs of $0.67 vs. $0.70
Monday, February 28, 2011 - 7:33am | 141Dril-Quip, Inc. (NYSE: DRQ) today announced net income of $20.9 million, or $0.52 per diluted share for the three months ended December 31, 2010, versus net income of $28.7 million, or $0.72 per diluted share for the fourth quarter of 2009. The fourth quarter 2010 results include an after-tax...
-
TGC Industries Reports Q4 EPS of $0.04
Monday, February 28, 2011 - 6:36am | 56TGC Industries (NASDAQ: TGE) reports its Q4 EPS at $0.04, versus the consensus of $0.01. TGE reports its Q4 revenue at $32.7 million, versus the consensus of $30 million. TGE shares gained 3.80% to close at $6.56 on Friday. Read more from Benzinga's Company news.
-
Stock on the Move: (GLBL) Breaking out New Highs
Friday, February 25, 2011 - 3:19pm | 16Stock on the Move: (GLBL) Breaking out New Highs
-
Is Oil the Game Changer?
Friday, February 25, 2011 - 11:42am | 740By Josh Lipton Oil prices are soaring amid the continued violent political turmoil in Libya, with economists now debating how much of a risk such a spike poses to this nascent US economic recovery. Strategists rattle off the headline-making litany of unknowns emanating from the civil unrest...
-
Oil Services Stocks Rebound
Friday, February 25, 2011 - 9:59am | 143The Oil Services Holders Trust(NYSE: OIH) is trading higher by $1.08 to $159.78 a share this morning. This is a slight up-tick today after a three day slide from the $165.00 high made on February 22, 2011. Traders can watch for intra-day resistance around the $160.50 and $161.80 levels. Both areas...
-
Jefferies Raises PT On GulfMark Offshore To $50
Friday, February 25, 2011 - 8:43am | 27Jefferies & Company has raised the price target on GulfMark Offshore (NYSE: GLF) from $39 to $50 and maintains its Buy rating.
-
Jefferies Reiterates Buy Rating, $43 PT On SPN
Friday, February 25, 2011 - 7:57am | 62Superior Energy Services Inc. (NYSE: SPN) is well positioned to continue to diversify its revenue stream away from the GOM and fuel strong earnings growth over the next few years. While 1Q11 guidance is below Street expectations, SPN should be post sharp EPS improvement in subsequent quarters....
-
TETRA Technologies Reports Q4 EPS of $0.10 vs. $0.07
Friday, February 25, 2011 - 7:41am | 120TETRA Technologies, Inc. (NYSE: TTI) today announced fourth quarter 2010 results from continuing operations of a net loss of $(0.83) per fully diluted share compared to net earnings of $0.33 per fully diluted share reported in the fourth quarter of 2009. Fourth quarter 2010 results include special...
-
Tetra Technologies Reports Upbeat Q4 Earnings
Friday, February 25, 2011 - 7:38am | 54Tetra Technologies (NYSE: TTI) reports its Q4 adjusted EPS at $0.10, beating the consensus of $0.07. TTI reports its Q4 revenue at $213.2 million, versus the consensus of $211.05 million. TTI shares closed at $12.63 yesterday. Read more from Benzinga's Company news.
-
CGG Veritas Reports Q4 EPS of $0.34
Friday, February 25, 2011 - 5:44am | 55CGG Veritas (NYSE: CGV) reports its Q4 EPS at $0.34, versus the consensus of $0.09. CGV reports its Q4 revenue at $905 million, versus the consensus of $729.19 million. CGV shares gained 2.34% to close at $32.75 yesterday. Read more from Benzinga's Company news.
-
Earnings Scheduled For February 25 (IPG, PSA, JCP, THC, IBI, AMAG, POM, CTB, ABVT, DRC, CEP)
Friday, February 25, 2011 - 4:24am | 298Interpublic Group (NYSE: IPG) is expected to report its Q4 EPS at $0.31 on revenue of $1.91 billion. Public Storage (NYSE: PSA) is projected to post its Q4 earnings at $0.72 per share on revenue of $382 million. J.C. Penney Company Inc (NYSE: JCP) is estimated to report its Q4 EPS at $1.08 on...