Oil & Gas Equipment & Services

Investors brushed aside a disappointing jobs report that threatened to stall the December rally, sending stocks marginally higher and keeping hopes afloat that there's still room for a further rally. Although the November jobs report disappointed on every count – unemployment rate unexpectedly shot...

Investors brushed aside a disappointing jobs report that threatened to stall the December rally, sending stocks marginally higher and keeping hopes afloat that there's still room for a further rally. Although the November jobs report disappointed on every count – unemployment rate unexpectedly shot...

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the land rig count. The Baker Hughes rig count, issued since 1944, acts as...

In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country), primarily reflecting an increase in the land rig count. The Baker Hughes rig count, issued since 1944, acts as...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Hewlett-Packard (NYSE: HPQ) is “neither here nor there. There are a lot of tech stocks better than Hewlett." For Medtronic (NYSE: MDT), he said, "There's nothing there for me, especially with Abbott Laboratories (NYSE: ABT) having...

Key Points: 3Q Earnings season effectively done -- 496 or 99.2% of S&P 500 reports in so far. Strong earnings season, with a median EPS surprise of 4.92%, and a 3.74 surprise ratio. While those numbers are down from earlier in the reporting season, they are still very good. Total of 355...

Here's the Economic Calendar for the week commencing the 5th of December 2010. This week there's a few central bank meetings (AUD, CAD, NZD, GBP), China data begins to trickle out (property prices, international trade), and a range of trade, international accounts, and industrial production...

J.P. Morgan adjusts their EPS estimates on Bristow Group Inc. (NYSE: BRS). In a note to clients, J.P. Morgan writes, "We are raising our FY2011 and FY2012 EPS estimates for BRS to $3.45 (from $3.42) and to $3.83 (from $3.72), respectively to reflect our lower interest expense forecasts following...

J.P. Morgan Chase & Co. is raising its price target on Bristow Group Inc. (NYSE: BRS) to $49 from $46, and is keeping its Overweight rating on shares. In a note sent to clients, J.P. Morgan writes, "We are raising our FY2011 and FY2012 EPS estimates for BRS to $3.45 (from $3.42) and to $3.83 (...

Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) traded sharply lower today, as the semiconductor stocks rallied. SOXS fell 9.52%, and closed at $17.59, while Advanced Micro Devices, Inc. (NYSE: AMD) spiked 3.02%. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) fell 8.50%, as...

Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) led the gainers among the ETFs today, with an increase of 9.59%. In the semiconductor space, Advanced Micro Devices, Inc. (NYSE: AMD) gained 3.02%, and Novellus Systems, Inc. (NASDAQ: NVLS) added 3.08%. PowerShares DB Agriculture Double Long...

Chicago Bridge & Iron Company (CBI) announced that it has won a contract from Liaoning Tongyi Petrochemical Co., Ltd. for the engineering design consultancy work for OCT olefins conversion and dehydrogenation units at several sites in China. The units will produce isobutylene and propylene...

A subsidiary of mining giant, BHP Billiton Ltd. (BHP), BHP Billiton Petroleum Pty Ltd. agreed with Oceaneering International Inc. (OII) to provide the latter with umbilicals and distribution equipment for the development of the Macedon gas field in Western Australia. Recently, BHP Billiton...

Chicago Bridge & Iron Company (CBI) announced that it has won a contract from Liaoning Tongyi Petrochemical Co., Ltd. for the engineering design consultancy work for OCT olefins conversion and dehydrogenation units at several sites in China. The units will produce isobutylene and propylene...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Accelrys, Inc (ACCL) Banner Corp (BANR) Citi Trends Inc (CTRN) Dresser-Rand Group Inc (DRC) Drew Industries Inc (DW) View the entire Zacks #5 Rank List. ACCELRYS INC (ACCL): Free Stock Analysis Report BANNER CORP (BANR):...