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BP Shares Rise After Macondo Report
Wednesday, September 8, 2010 - 12:44pm | 200BP Plc (NYSE: BP) rose more than 3% on Wednesday, driving the energy sector higher. The company released the 193-page Macondo well report. The report indicated that several companies were responsible for the Gulf of Mexico oil spill, the biggest offshore oil spill in US history. The report cited...
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Pritchard Capital Sees Serious Upside On Mitcham Industries (MIND)
Wednesday, September 8, 2010 - 11:59am | 157Pritchard Capital sees more than 30% upside in shares of Mitcham Industries (NASDAQ: MIND) after the company reported stronger than expected earnings. It has a $10 price target, and rates shares at Buy. In a note to clients, Pritchard Capital writes, "MIND reported a stronger than expected quarter...
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Pritchard Capital's Morning Intelligence (DYN, EXXI, MIND, WG)
Wednesday, September 8, 2010 - 8:56am | 144Pritchard Capital is out with its Morning Intelligence report. In the report, Pritchard Capital covers Dynegy Inc. (NYSE: DYN), Energy XXI (NASDAQ: EXXI), Mitcham Industries, Inc. (NASDAQ: MIND), and Willbros Group, Inc. (NYSE: WG). In the research note, Pritchard Capital says that the offer from...
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Benzinga's Top Pre-Market NASDAQ Losers (CPII, ANGO, EXLP, FMCN)
Wednesday, September 8, 2010 - 8:56am | 160CPI International Inc (NASDAQ: CPII) dipped 9.35% to $12.80 in the pre-market session. CPII has to pay $15 million to Comtech Telecommunications Corp (NASDAQ: CMTL) for calling off their plan of merger. AngioDynamics Inc (NASDAQ: ANGO) lost 6.43% to $14.25 in the pre-market session. ANGO expects a...
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Exterran Holdings, Inc. Prices Previously Announced Secondary Offering
Wednesday, September 8, 2010 - 8:49am | 112Exterran Holdings, Inc. (NYSE: EXH) and Exterran Partners, L.P. (NASDAQ: EXLP) today announced that Exterran Holdings priced a previously announced secondary offering of 4,600,000 common units representing limited partner interests in Exterran Partners at $21.60 per common unit. Exterran Partners...
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Goldman Sachs Rates IHS At Neutral After Acquisition (IHS)
Wednesday, September 8, 2010 - 7:20am | 132Goldman Sachs rates shares of IHS Inc. (NYSE: IHS) at Neutral, after the company purchased assets from the chemical and energy portfolio of Access Intelligence LLC. In the research report, Goldman Sachs notes, "We view this in some ways analogous to the Jane’s acquisition in 2007, which enabled...
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FMC Technologies President Sells 30,000 Shares of FTI
Tuesday, September 7, 2010 - 5:19pm | 56In a Form 4 filed after the bell today, FMC Technologies Inc. (NYSE: FTI) President, John Gremp, reported that he sold 30,000 shares of FTI on September 2nd for an average price of $65.28. The transaction totaled $1,958,463. Mr. Gremp owns 150,167 direct shares and 2,387 indirect shares of FTI....
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FMC Technologies CFO Sells 25,000 Shares of FTI
Tuesday, September 7, 2010 - 5:17pm | 56In a Form 4 filed after the bell today, FMC Technologies Inc. (NYSE: FTI) CFO, William Schumann, reported that he sold 25,000 shares of FTI on September 2nd for an average price of $65.73. The transaction totaled $1,643,355. Mr. Schumann owns 182,665 direct shares and 1,619 indirect shares of FTI...
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Exterran Holdings, Inc. and Exterran Partners, L.P. Announce Secondary Offering of 4.6 Million Shares
Tuesday, September 7, 2010 - 4:15pm | 124Exterran Holdings, Inc. (NYSE: EXH) and Exterran Partners, L.P. (NASDAQ: EXLP) today announced that Exterran Partners is filing a preliminary prospectus supplement with the Securities and Exchange Commission relating to a proposed secondary offering of common units representing limited partner...
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Mitcham Industries Reports Fiscal 2011 Q2 Results
Tuesday, September 7, 2010 - 4:09pm | 109Mitcham Industries, Inc. (Nasdaq: MIND) today announced financial results for its fiscal 2011 second quarter ended July 31, 2010. Total revenues for the second quarter of fiscal 2011 were $15.2 million compared to $12.7 million in the second quarter of fiscal 2010. The Company reported a net...
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IHS Acquires Chemical and Energy Products
Tuesday, September 7, 2010 - 4:06pm | 137IHS Inc. (NYSE: IHS) today announced it has acquired assets from the chemical and energy portfolio of Access Intelligence LLC. These interconnected chemical and energy assets will extend the breadth of information available for current IHS energy customers and support the development of additional...
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Zacks Releases Four Powerful ''Buy'' Stocks: Medifast, Caterpillar, CARBO Ceramics and Jo-Ann Stores - Press Releases
Tuesday, September 7, 2010 - 12:03pm | 1289For Immediate Release Chicago, IL – September 7, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing:...
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Companies Profiting from the Gulf Spill: Remidiation Co's WSCE.OB, ASH, NLC, CLH and Others Played a Role
Tuesday, September 7, 2010 - 10:29am | 1502September 7, 2010 (Investorideas.com water stocks newswire, www.water-stocks.com ) Investorideas.com and its water investor portal, www.water-stocks.com publish sector commentary from Lisa Springer, CFA, an equity research analyst and financial writer, on public and private companies participating...
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Company News for September 7, 2010 - Corporate Summary
Tuesday, September 7, 2010 - 9:33am | 833• Air Products & Chemicals (NYSE: APD) raised its offer for Airgas (NYSE: ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ: ORCL) announced the appointment of former Hewlett-Packard (NYSE: HPQ) CEO Mark Hurd as co-President • Goldman Sachs (NYSE: GS) added Oracle...
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U.S. Rig Count Snaps 12 Week Gain - Analyst Blog
Tuesday, September 7, 2010 - 9:06am | 550In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a fall in the U.S. rig count (number of rigs searching for oil and gas in the country), reflecting a decrease in the land rig count. Rigs exploring and producing in the U.S. totaled 1,653 for the week...