Oil & Gas Equipment & Services

FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Norske Shell for the manufacture and supply of subsea production equipment for the Ormen Lange development project in the North Sea. The award has a value of approximately $95 million in revenue.

Shares of RPC, Inc. (NYSE: RES) are trading down 5.9% at $18.52 per share during the Wednesday afternoon trading session. The day's range for shares of RPC, Inc has been between $18.45 and $19.29 per share. The average price target of analysts who cover RPC, Inc. (RES) is $20.40 per share. Volume...

Shares of Tenaris SA (NYSE: TS) are lower on the session by 0.83%, trading at $46.45. Overall call volume is now running at 4.04x the daily average, with 13% of all calls traded being purchases on the offer. 4,432 contracts have traded on the session so far. Tenaris SA is a Luxembourg-based...

Cypress Bioscience Inc (NASDAQ: CYPB) shares gained 12.17% to create a new 52-week high of $6.45. CYPB agreed to be purchased by Ramius V&O Acquisition LLC and affiliates of Royalty Pharma for $6.50 per share in cash. G&K Services Inc (NASDAQ: GKSR) shares jumped 1.86% to touch a new 52-...

JP Morgan has initiated coverage on Exterran Partners (NASDAQ: EXLP) with a Neutral rating.

Model Portfolio Daily Update:  December 14, 2010 Subscribers log in for the full pdf report:This content is for members only. New Actions Required: An Opportunistic Long Model position in Avery Dennison (AVY) closed above its stock price target of $41.52 and will be assumed closed at the end of...

Kevin Matras looks at the 'short ratio' as a market sentiment indicator and shows how to use it for finding winning stocks. Highlighted stocks include CATY, CRR, FRED, SPTN and TXI. CATHAY GENL BCP (CATY): Free Stock Analysis Report CARBO CERAMICS (CRR): Free Stock Analysis Report FREDS INC (FRED...

In a Form 4 filed earlier today, Gulfmark Offshore Inc. (NYSE: GLF) Vice President, John Leech, reported that he sold 8,515 shares of GLF on December 13th for an average price of $30.69. The transaction totaled $261,325. Mr. Leech owns 256,585 direct shares and 920 indirect shares of GLF. Source:...

Kevin Matras looks at the 'short ratio' as a market sentiment indicator and shows how to use it for finding winning stocks. Highlighted stocks include CATY, CRR, FRED, SPTN and TXI. CATHAY GENL BCP (CATY): Free Stock Analysis Report CARBO CERAMICS (CRR): Free Stock Analysis Report FREDS INC (FRED...

Auriga has a Buy rating and a $30 price target on Focus Media Holding Limited (ADR) (NASDAQ: FMCN). In a note sent to investors Auriga writes, "There was selloff of most China stocks yesterday with advertising stocks suffering the most, in our opinion: SINA (Buy) was down 3.7%, FMCN (Buy) down 5.2...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acergy S.A. (ACGY) Banco Santander (STD) Blyth Inc (BTH) China Agritech Inc (CAGC) Citi Trends Inc (CTRN) View the entire Zacks #5 Rank List. ACERGY SA (ACGY): Free Stock Analysis Report BLYTH INC (BTH): Free Stock Analysis...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acergy S.A. (ACGY) Banco Santander (STD) Blyth Inc (BTH) China Agritech Inc (CAGC) Citi Trends Inc (CTRN) View the entire Zacks #5 Rank List. ACERGY SA (ACGY): Free Stock Analysis Report BLYTH INC (BTH): Free Stock Analysis...

ProShares introduced Thursday (12/09/2010) a new market-neutral absolute return ETF: ProShares RAFI Long/Short (RALS).  Its objective is to track a new index, minus the 0.95% expense ratio, from Research Affiliates that equally weights long positions against short positions in a sector neutral...

Kevin Matras looks at the 'short ratio' as a market sentiment indicator and shows how to use it for finding winning stocks. Highlighted stocks include CATY, CRR, FRED, SPTN and TXI. CATHAY GENL BCP (CATY): Free Stock Analysis Report CARBO CERAMICS (CRR): Free Stock Analysis Report FREDS INC (FRED...

Kevin Matras looks at the 'short ratio' as a market sentiment indicator and shows how to use it for finding winning stocks. Highlighted stocks include CATY, CRR, FRED, SPTN and TXI. CATHAY GENL BCP (CATY): Free Stock Analysis Report CARBO CERAMICS (CRR): Free Stock Analysis Report FREDS INC (FRED...