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WSP Holdings Notified by NYSE of Non-Compliance with Listing Standards
Friday, August 5, 2011 - 8:01am | 190WSP Holdings Limited (NYSE: WH) today announced that the Company was notified by the New York Stock Exchange that the Company is not in compliance with certain NYSE continued listing standards. The NYSE notified the Company that it is not in compliance with the continued listing standard requiring...
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UPDATE: Pritchard Upgrades Tidewater to Buy
Friday, August 5, 2011 - 7:57am | 69Pritchard is out with its report today on Tidewater (NYSE: TDW), upgrading TDW from Neutral to Buy. In its report, Pritchard writes, "Upgrading to 'Buy' from 'Neutral' as we believe that we are currently seeing the early signs of an upturn in their core international business. We are increasing...
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UPDATE: Global Hunter Securities Raises PT on Hornbeck Offshore from $26 to $30
Friday, August 5, 2011 - 6:57am | 128Global Hunter Securities Research has published a report on Hornbeck Offshore (NYSE: HOS) raising the price target by $4. In the report, Global Hunter Securities wrote, "HOS posted EPS of ($0.26) as GOM weakness continues. The company continues to make strides towards earnings growth with more...
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Benzinga's Top ETF Gainers, August 4th (TVIX, ERY, TZA, EDZ)
Thursday, August 4, 2011 - 5:28pm | 213VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) spiked 40.63% on Thursday as the S&P 500 traded sharply lower. TVIX closed at $31.29, and it had a volume of 9.08M traded shares. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) gained 20.76%, and it closed at $18.44. In the energy...
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UPDATE: Morgan Keegan Downgrades Cal Dive International to Market Perform
Thursday, August 4, 2011 - 8:11am | 84Morgan Keegan is out with its report today on Cal Dive International (NYSE: DVR), downgrading DVR from Outperform to Market Perform. In its report, Morgan Keegan writes, "We are lowering our price target to $6.00 from a prior $9.00. Despite upside relative to the stock's recent closing stock price...
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Morgan Keegan Downgrades Cal Dive Int'l To Market Perform, Lowers PT To $6
Thursday, August 4, 2011 - 7:04am | 30Morgan Keegan has downgraded Cal Dive International (NYSE: DVR) from Outperform to Market Perform and has lowered the price target from $9 to $6.
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Intraday Losers
Wednesday, August 3, 2011 - 2:53pm | 170Kraton Performance Polymers (NYSE: KRA) is trading down over 30% after reporting Q2 earnings. ExamWorks (NYSE: EXAM) is trading down over 30% after reporting Q2 earnings. Kforce (NASDAQ: KFRC) is trading down over 30% after being cut to Neutral at SunTrust Robinson. ION Geophysical (NYSE: IO) is...
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ION Geophysical Down 28% on Downbeat Earnings
Wednesday, August 3, 2011 - 1:01pm | 48ION Geophysical (NYSE: IO) is down 28% on the downbeat earnings reported yesterday. The company announced Q2 EPS $0.02 vs $0.04 Est; Revenues $88.5M vs $115.25M Est and also a planned CEO transition. ION Geophysical is currently trading at $6.93, a loss of $2.66 or 27.74%.
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Energy Stock Trading Alert: American Petro-Hunter, Miller Petroleum, Oil States International, SM Energy
Wednesday, August 3, 2011 - 11:12am | 758Point Roberts, WA - August 3, 2011 (Investorideas.com Energy Newswire) - www.InvestorIdeas.com, a leader in sector research including oil and gas stocks, releases a trading alert for Oil and Gas stocks Aug 2nd. American Petro-Hunter Inc. (OTC: AAPH) ended the day flat at $0.50. The stock has...
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Stocks to Watch for Wednesday 8/03/2011: Fresh 52 Week Highs and Lows
Wednesday, August 3, 2011 - 12:05am | 5002Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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FoxDavies Reiterates Buy on Newpark Resources
Tuesday, August 2, 2011 - 6:26am | 28FoxDavies reiterated its Buy rating on Newpark Resources (NYSE: NR). On Monday, NR added 2.48% to its value to stand around $9.52.
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Stocks to Watch for Tuesday 8/02/2011: Fresh 52-Week Highs and Lows
Tuesday, August 2, 2011 - 3:20am | 3164Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...
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Puts Purchased on ION Geophysical
Monday, August 1, 2011 - 1:19pm | 113Shares of ION Geophysical (NYSE: IO) are lower on the session by 2.86%, currently trading at $9.85. The stock has been moving largely higher over the past five weeks and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while ago the...
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UPDATE: Pritchard Raises PT on Key Energy Services to $25
Monday, August 1, 2011 - 8:58am | 94Pritchard is out with its report today on Key Energy Services (NYSE: KEG), raising its PT from $24 to $25. In its report, Pritchard writes, "On the heels of a positive earinging surprise for June, we are raising our target for KEG shares to $25 from $24, including the estimated impact of the...
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Credit Suisse Downgrading Oceaneering Intl.
Monday, August 1, 2011 - 8:23am | 147Credit Suisse is out with a research report on Oceaneering Intl. Inc. (NYSE: OII) and is downgrading shares to Neutral from Outperform. It is keeping its $48 price target. In a note to clients, Credit Suisse writes, "Since our upgrade to OP last December, we think the central theses have "played...