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Basic Energy Services, More Than Just A Well Service Company
Wednesday, September 22, 2010 - 10:32am | 116Wunderlich Securities believes Basic Energy Services (NYSE: BAS) should see the largest financial boost to upcoming quarters from its Completion Services and FLuid Services as Well Services is likely to see seasonal decline and modest growth due to low natural gas prices. Basic's added capacity...
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Earnings Scheduled For September 22 (BBBY, GIS, RHT, KMX, CPRT, GNUMF, IHS, SCS)
Wednesday, September 22, 2010 - 6:21am | 173Bed Bath & Beyond (NASDAQ: BBBY) is expected to report its Q2 earnings of $0.63 per share. General Mills (NYSE: GIS) is likely to report its FQ1 EPS of $0.62. Red Hat (NYSE: RHT) may post its Q2 earnings of $0.18 per share. CarMax (NYSE: KMX) is estimated to post its Q2 profit of $0.40 per...
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RPC, Inc. - Momentum
Wednesday, September 22, 2010 - 6:03am | 507RPC, Inc. (RES) recently hit a new multi-year high of $20.75 after reporting an awesome Q2 earnings surprise of 78%. With the next-year estimate calling for 43% growth, this Zacks #1 rank stock offers some solid upward momentum. Company Description RPC, Inc. is an oil and gas services company...
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Top 4 Stocks In The Air Services, Other Industry With The Highest ROE (AIRM, AAWW, BRS, ASR)
Wednesday, September 22, 2010 - 5:57am | 140Below are the top air services, other stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at Air Methods Corp (NASDAQ: AIRM) is 14.51%. AIRM's quarterly earnings gained 47.50% y/y. The trailing-twelve-month return on equity at Atlas Air...
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FMC Technologies Awarded $520 Million Order
Tuesday, September 21, 2010 - 4:03pm | 53FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed an agreement with Total Exploration & Production Angola for the manufacture and supply of subsea production equipment for the CLOV development project. The award has a value of approximately $520 million in revenue to FMC...
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Bristow Group Removed From America's Buy List At Goldman (BRS)
Tuesday, September 21, 2010 - 9:42am | 156Goldman Sachs is removing Bristow Group Inc. (NYSE: BRS) from its America's Buy List, as it approaches its $39 price target. It downgraded shares to Neutral on this move. In the research note, Goldman writes, "We downgrade BRS to Neutral from Buy as shares approach our price target. Our Buy...
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Goldman Downgrades Bristol Group To Neutral
Tuesday, September 21, 2010 - 9:31am | 133In a recent report, Goldman Sachs is downgrading Bristol Group (NYSE: BRS) to Neutral from Buy as shares approach the price target. Goldman's Buy rating was based on a view that Bristol Group's 20% discount to book value was unjustified considering that it was a beneficiary of BP's clean up in the...
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U.S. Rig Count Recovery Continues - Analyst Blog
Tuesday, September 21, 2010 - 9:09am | 817In 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), reflecting an increase in the land rig count. Rigs exploration and production in the U.S. totaled 1,661 for the...
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Pritchard Capital's Morning Intelligence (ATW, GIFI, NFX, UPL)
Tuesday, September 21, 2010 - 8:53am | 178Pritchard Capital is out with its Morning Intelligence report, covering the oil & gas sector. In the report, Pritchard covers Atwood Oceanics, Inc. (NYSE: ATW), Gulf Island Fabrication, Inc. (NASDAQ: GIFI), Newfield Exploration Co. (NYSE: NFX), and Ultra Petroleum Corp. (NYSE: UPL). In the...
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Zacks Bull and Bear of the Day Highlights: NiSource, McDermott International, BP, Transocean and Halliburton - Press Releases
Tuesday, September 21, 2010 - 8:03am | 1619For Immediate Release Chicago, IL – September 21, 2010 – Zacks Equity Research highlights: NiSource (NI) as the Bull of the Day and McDermott International (MDR) as the Bear of the Day. In addition, Zacks Equity Research provides analysis on BP plc (BP), Transocean Ltd. (RIG) and Halliburton Co. (...
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A New Software in SLB's Kitty - Analyst Blog
Monday, September 20, 2010 - 12:03pm | 370Schlumberger Limited (SLB) is well known for its continuous endeavor toward product development and technological improvement to serve its customers better. Recently, it released the Merak Peep 2010 software, which allows its clients to proactively respond to complex operational conditions and...
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Expect Solid Q3 Earnings For IHS Inc.
Monday, September 20, 2010 - 10:23am | 131In a recent report from J.P. Morgan, IHS Inc. (NYSE: IHS) is expected to post solid Q3 earnings with further indication of top-line momentum. J.P. Morgan is maintaining its Neutral rating on IHS ahead of its Q3 earnings on Sep. 22. Underlying trends continue to improve with renewal rates ticking...
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Sinoenergy Corporation Announces Voluntary Delisting from NASDAQ
Monday, September 20, 2010 - 10:05am | 101Sinoenergy Corporation (Nasdaq: SNEN) announced today that it has notified the NASDAQ Stock Market of its intent to delist its common stock from the NASDAQ Capital Market following the anticipated completion of the merger of the Company into SNEN Acquisition Corp., a wholly owned subsidiary of...
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Boots & Coots Merges with HAL - Analyst Blog
Monday, September 20, 2010 - 9:30am | 401Halliburton Co. (HAL) – one of the largest oilfield service providers in the world – has closed its previously announced acquisition of well-intervention firm Boots & Coots Inc. in a stock and cash deal. Per the final agreement, Boots & Coots shareholders got $1.72 in cash and $1.28 in...
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Outperform on Avnet - Analyst Blog
Monday, September 20, 2010 - 9:12am | 610We continue to maintain our OUTPERFORM recommendation on Avnet, Inc. (AVT), one of the world's largest distributors of electronic components and computer products, based on solid growth expected in fiscal 2011. Avnet revived its business quite well in fiscal 2010 after a disastrous 2009, driven...