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Jefferies Raises Price Target On Bristow Group (BRS)
Monday, November 8, 2010 - 6:58am | 98Jefferies & Co. is raising its price target on Bristow Group (NYSE: BRS) to $41 from $35, but is keeping its Hold rating on shares. In a note to clients, Jefferies writes, "Although we believe BRS represents good long-term small cap growth story leveraged to the expansion of global offshore...
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Tesco Reports Upbeat Q3 Earnings
Monday, November 8, 2010 - 6:22am | 56Tesco Corp (NASDAQ: TESO) reports its Q3 EPS at $0.08, beating the consensus of $0.06. TESO reports its Q3 revenue at $93.1 million, versus the estimates of $94.19 million. TESO shares lost 1.06% to close at $13.97 on Friday. Read more from Benzinga's Company news.
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CARBO Ceramics Inc. - Momentum
Monday, November 8, 2010 - 2:04am | 913Strong momentum continues for CARBO Ceramics Inc. (CRR) as shares hit a new all-time high after the company posted record third-quarter earnings on Oct 28 that surprised on the Zacks Consensus Estimate by 13%. It was the third beat in a row for this Zacks #2 Rank (buy) as demand remains hot from...
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Market Continues Kung Fu Fighting 11-05-2010
Friday, November 5, 2010 - 12:59pm | 1022Cusick's Corner The market continues Kung Fu Fighting, and while the Fed intervention seemed quite frightening, those Cats (the Fed) fight with expert timing! (I never thought that I would work this one into the Corner, thanks Doug.) But the Fed seems to have pulled off the greatest timing for...
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Lufkin Industries Announces Dividend of $0.125
Friday, November 5, 2010 - 10:21am | 47Lufkin Industries, Inc. (Nasdaq: LUFK) announced today that the Board of Directors has declared a fourth quarter cash dividend of $0.125 per share on its common stock. The dividend will be paid on December 10, 2010, to shareholders of record on December 1, 2010.
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TETRA Technologies, Inc. Reports Third Quarter EPS of $0.00
Friday, November 5, 2010 - 6:30am | 128TETRA Technologies, Inc. (NYSE: TTI) today announced break-even third quarter 2010 results from continuing operations of $0.00 per fully diluted share, compared to $0.30 per fully diluted share reported in the third quarter of 2009. Third quarter 2010 results include special charges of $16.7...
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Running of the Bulls in November 11-04-2010
Thursday, November 4, 2010 - 1:52pm | 934Cusick's Corner The bulls continue to run the streets and now it looks like the institutional bid has joined the fray. This trend is continuing after all the data over the past 72 hours has cleared. There's now support firmly in this market. This latest move made the retail universe actually start...
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Running of the Bulls in November 11-04-2010
Thursday, November 4, 2010 - 1:52pm | 934Cusick's Corner The bulls continue to run the streets and now it looks like the institutional bid has joined the fray. This trend is continuing after all the data over the past 72 hours has cleared. There's now support firmly in this market. This latest move made the retail universe actually start...
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Complete Production Services, Inc. - Momentum
Thursday, November 4, 2010 - 1:33pm | 508Complete Production Services, Inc. (CPX) continues to pressure its multi-year high at $25.97 after reporting solid Q3 results that included a 35% earnings surprise. With an average earnings surprise of 178% over the last four quarters and a bullish growth projection, this Zacks #1 rank stock is...
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Puts Purchased on Hornbeck Offshore Services (HOS)
Thursday, November 4, 2010 - 12:34pm | 136Shares of Hornbeck Offshore Services, Inc. (NYSE: HOS) are lower on the session by 9.25%, currently trading at $20.99. The stock has been moving largely higher over the past five months after rallying off the $12.60 level. Options traders are buying puts on HOS today. A short while ago the...
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ION Appoints Two New Board Members
Thursday, November 4, 2010 - 10:30am | 32ION Geophysical Corporation (NYSE: IO) today announced that David H. Barr and Michael C. Jennings will join its Board of Directors, effective on December 2, 2010.
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Jefferies & Company Maintains ION Geophysical Corporation Rating
Thursday, November 4, 2010 - 7:49am | 93ION Geophysical Corporation (NYSE: IO) delivered strong 3Q results owing to excellent multi-client results, while partially offset by continued weakness in its land equipment business (INOVA JV), and weak GOM activity, Jefferies & Company reports. “We expect shares to react well to 3Q earnings...
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Hornbeck Offshore Services Beats Estimates (HOS)
Thursday, November 4, 2010 - 6:17am | 144Hornbeck Offshore Services (NYSE: HOS) on Thursday morning released financial results that beat Wall Street expectations. Hornbeck Offshore Services reported that its 3rd quarter net income rose to $18.2 million, or 67 cents per share, up from $13.8 million, or 51 cents per share, a year earlier....
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Global Hunter Opens CAM With Neutral
Thursday, November 4, 2010 - 4:50am | 52Analysts at Global Hunter Securities initiate coverage of Cameron International Corporation (NYSE: CAM) with a "neutral" rating. The target price for CAM is set to $48. CAM shares gained 0.60% to close at $43.66 yesterday. More Analyst Ratings here
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Mad Money Lightning Round: Cramer Advises Investors To Hold DuPont (RDWR, DD, POT, OMC, GOOG, WFR, FHN, WFT, NOK, RFMD)
Thursday, November 4, 2010 - 3:01am | 262On CNBC's Mad Money, Jim Cramer said during the Lightning Round that let the shares of Radware (NASDAQ: RDWR) come down, “then pull the trigger." He advises the investors to hold DuPont (NYSE: DD), adding that “Don't give up on Potash (NYSE: POT), either." For Omnicom Group (NYSE: OMC), Jim said, "...