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FMC Tech, Petrobras in Subsea Deal - Analyst Blog
Wednesday, December 1, 2010 - 8:00am | 486Oil drilling equipment maker FMC Technologies Inc. (FTI) has entered into a memorandum of understanding with Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR) , or Petrobras S.A., to build future subsea technology solutions for its oil and gas projects offshore Brazil. FMC...
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BHP Billiton Wins Contract - Analyst Blog
Wednesday, December 1, 2010 - 6:35am | 462A 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...
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Mad Money Lightning Round: Cramer Likes Halliburton, AT&T, Verizon (HAL, SHOO, GOOG, MCD, T, VZ, TOT, STO)
Wednesday, December 1, 2010 - 5:02am | 238On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Halliburton (NYSE: HAL) is a “great American company that I want to buy, buy, buy. You want to own it and stick with it." He considers Steve Madden (NASDAQ: SHOO) as “one of the cheapest stocks in the footwear bull market.” He...
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
Wednesday, December 1, 2010 - 3:14am | 342Here 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):...
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FMC Tech, Petrobras in Subsea Deal - Analyst Blog
Wednesday, December 1, 2010 - 2:30am | 486Oil drilling equipment maker FMC Technologies Inc. (FTI) has entered into a memorandum of understanding with Brazilian state-run energy giant Petroleo Brasileiro S.A. (PBR) , or Petrobras S.A., to build future subsea technology solutions for its oil and gas projects offshore Brazil. FMC...
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Oceaneering Announces BHP Billiton Contract
Tuesday, November 30, 2010 - 5:02pm | 58Oceaneering International, Inc. (NYSE: OII) announced that it has secured a contract with BHP Billiton Petroleum Pty Ltd, a subsidiary of BHP Billiton, Limited (NYSE: BHP), to supply umbilicals and distribution equipment for development of the Macedon gas field off Western Australia.
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FMC Technologies, Petrobras Sign Memorandum of Understanding
Tuesday, November 30, 2010 - 4:04pm | 108FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a memorandum of understanding with Petrobras (NYSE: PZE) to develop future subsea technology solutions for its oil and gas projects offshore Brazil. The agreement includes the development of innovative and cost effective subsea...
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Evergeen Solar Sunnier in England - Analyst Blog
Monday, November 29, 2010 - 2:30pm | 576Massachusetts-based Evergreen Solar Inc.'s (ESLR) fortunes look sunnier in England after a panel variant of the company, ES-A series qualified for the Microgeneration Certification Scheme (MCS) of the United Kingdom's Department of Energy. The certification is mandatory for solar panels to be...
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Options Brief: Tenaris S.A. (TS)
Monday, November 29, 2010 - 1:16pm | 101Shares of Tenaris S.A. (NYSE: TS) are lower on the session by 3.04%, currently trading at $42.38. Call volume is now running at 2.42x the daily average, with 83% of all calls traded being purchases on the offer. 2,403 call contracts have traded so far during the session. Tenaris S.A., through its...
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Halliburton Wins Shell Contract - Analyst Blog
Monday, November 29, 2010 - 10:30am | 353As per a popular Iraqi website, Halliburton Company (HAL) was awarded a one-year contract by Royal Dutch Shell Plc (RDS.A) and its associates for developing the Majnoon oilfield in southern Iraq. The announcement of the contract was first made in August. Under the terms of the contract signed...
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Wells Fargo Taking Up Estimates On Drill-Quip (DRQ)
Monday, November 29, 2010 - 9:53am | 127Wells Fargo is raising its estimates on Drill-Quip, Inc. (NYSE: DRQ). In a note sent to clients, Wells Fargo writes, "Given conversations with investors, and continued supportive, if not incremental, positive newsflow over the past month, we've decided that, for the deepwater tree providers, it's...
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Evergeen Solar Sunnier in England - Analyst Blog
Monday, November 29, 2010 - 8:48am | 576Massachusetts-based Evergreen Solar Inc.'s (ESLR) fortunes look sunnier in England after a panel variant of the company, ES-A series qualified for the Microgeneration Certification Scheme (MCS) of the United Kingdom's Department of Energy. The certification is mandatory for solar panels to be...
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Natural Gas Propels U.S. Rig Count - Analyst Blog
Monday, November 29, 2010 - 8:03am | 873In 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 for natural gas drilling. The Baker Hughes rig count,...
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Barclays Capital Upgrades SPN To Overweight
Monday, November 29, 2010 - 6:59am | 54Analysts at Barclays Capital upgrade Superior Energy Services Inc (NYSE: SPN) from "equal weight" to "overweight." The target price for SPN has been raised from $28 to $39. SPN's shares lost 2.03% to close at $31.39 on Friday. More Analyst Ratings here
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Halliburton Wins Shell Contract - Analyst Blog
Monday, November 29, 2010 - 4:50am | 353As per a popular Iraqi website, Halliburton Company (HAL) was awarded a one-year contract by Royal Dutch Shell Plc (RDS.A) and its associates for developing the Majnoon oilfield in southern Iraq. The announcement of the contract was first made in August. Under the terms of the contract signed...