-
Cameron International Revenue Up 24% (CAM)
Tuesday, November 2, 2010 - 7:04am | 221Cameron International Corporation (NYSE: CAM) announced on Tuesday morning that it beat consensus Wall Street earnings estimates, while missing revenue expectations. Cameron International Corporation reported that its 3rd quarter net income rose to $148.7 million, or 61 cents per share, up from $...
-
Goldman Sachs Upgrades TDW To Neutral
Tuesday, November 2, 2010 - 6:47am | 50Analysts at Goldman Sachs upgrade Tidewater Inc (NYSE: TDW) from "sell" to "neutral." The target price for TDW has been raised from $38 to $48. TDW's shares gained 0.98% to close at $46.58 yesterday. More Analyst Ratings here
-
Top 4 Stocks In The Air Services, Other Industry With The Highest Profit Margin (PAC, ASR, BRS, AAWW)
Tuesday, November 2, 2010 - 3:26am | 136Below are the top air services, other stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Grupo Aeroportuario del Pacifico SAB de CV (NYSE: PAC) is 39.42%. PAC's quarterly revenue surged 23.10% y/y. The trailing-twelve-month profit margin at Grupo...
-
Priced Into the Market 11-01-2010
Monday, November 1, 2010 - 2:05pm | 988Cusick's Corner Over the weekend a customer asked me, “What do you mean that the Fed quantitative easing, earnings/economic data and the elections are already priced into the market?” I told him to take a look at a SPY chart (the ETF that tracks the S&P 500) and see how the market ran from 112...
-
Market Roundup
Monday, November 1, 2010 - 12:17pm | 312Shares of Halliburton Co (NYSE: HAL) lost about 0.5% after Standard & Poor's reduced its ratings outlook on the company from “stable” to “negative.” S&P has a long-term corporate credit rating of “A” on the company. S&P credit analyst Scott Sprinzen said, "The outlook revision reflects...
-
Baker Hughes Shares Up 4% On 83% Revenue Growth (BHI)
Monday, November 1, 2010 - 12:13pm | 252Shares of Baker Hughes Incorporated (NYSE: BHI) are currently up 4% at $48.26 per share during Monday afternoon trading. Today's trading range for shares of Baker Hughes Incorporated has been between $48.13 and $49.49 per share. The consensus price target of analysts covering the company's stock is...
-
NASDAQ Stocks Hitting 52-Week Highs (AVNR, MIND, FTNT, MPEL)
Monday, November 1, 2010 - 10:16am | 161Avanir Pharmaceuticals (NASDAQ: AVNR) shares reached $5.07 to create a new 52-week high, before falling to $4.99, representing a 106.20% gain. US FDA has given approval to the company's neurology drug Nuedextra. Mitcham Industries Inc (NASDAQ: MIND) shares gained 1.90% to create a new 52-week high...
-
Stocks Boosted by Global Manufacturing Data
Monday, November 1, 2010 - 9:29am | 237(TheStreet) -- Stocks gained strength Monday on strong manufacturing data in the U.S. and China and a surprise increase in construction spending in September. The Dow Jones Industrial Average gained 114 points, or 1%, to 11,233. The S&P 500 added 11 points, or 0.9%, to 1194 and the Nasdaq was...
-
Baker Hughes Jumping (BHI)
Monday, November 1, 2010 - 8:47am | 64Baker Hughes Incorporated (NYSE: BHI) is up 5% this morning, after the oil services company reported better than expected earnings. Excluding items, Baker Hughes would have earned 54 cents a share on revenues of $4.08 billion, far better than the 47 cents and $3.7 billion Wall Street was expecting...
-
Halliburton Company Risks Need To Be Quantified And Discounted, Dahlman Rose & Co. Reports
Monday, November 1, 2010 - 8:18am | 102Following the government report, which cited Halliburton Company (NYSE: HAL) may have played a bigger part in the Macondo incident, the market shaved ~$2.3Bn of market cap. off of the stock, Dahlman Rose & Co. reports. “Given the National Commission's inference of negligence by HAL, litigation...
-
Schlumberg Downgraded To Perform
Monday, November 1, 2010 - 8:12am | 145Oppenheimer has published a research report on Schlumberger Limited (NYSE: SLB) and has downgraded the company to Perform. In the report, Oppenheimer writes "In conjunction with our upgrade of Halliburton today, we are taking advantage of recent strength in SLB to swap out of the name in favor of...
-
Halliburton Upgraded To Outperform
Monday, November 1, 2010 - 8:10am | 138Oppenheimer has published a research report on Halliburton Company (NYSE: HAL) and has upgraded the company to Outperform with a $42 price target. In the report, Oppenheimer writes "We are upgrading HAL from Perform to Outperform and establishing a $42 price target based on 15x our 2011 EPS...
-
3Q Earnings Miss For Newpark Resources
Monday, November 1, 2010 - 8:00am | 142Newpark Resources (NYSE: NR) reported lower than expected 3Q results according to Jefferies & Co., which has published a research report on the company following 3Q results. In the report, Jefferies writes "Newpark reported 3Q EPS of $0.09 versus our $0.12 estimate and the Consensus estimate of...
-
Oppenheimer & Co Downgrades SLB To Perform
Monday, November 1, 2010 - 6:50am | 41Analysts at Oppenheimer & Co downgrade Schlumberger Limited (NYSE: SLB) from "outperform" to "perform." SLB's shares gained 0.16% to close at $69.89 on Friday. More Analyst Ratings here
-
Oppenheimer Downgrades Schlumberger Limited (SLB)
Monday, November 1, 2010 - 6:25am | 163Oppenheimer & Co. is downgrading shares of Schlumberger Limited (NYSE: SLB) to Perform from Outperform on recent strength. It had a $83 price target on shares, but removed it. In a research report sent to investors, Oppenheimer writes, "In conjunction with our upgrade of Halliburton today, we...