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GreenHunter Water Awarded New Contract
Wednesday, August 31, 2011 - 8:01am | 93GreenHunter Water, LLC, a wholly owned subsidiary of GreenHunter Energy, Inc. (NYSE: GRH), announced today that it has secured an order to deploy a next-generation above ground temporary water storage system in the Marcellus Shale of the Appalachia Basin. This new customer, a Houston based large...
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World Fuel Services Corporation Announces Transition of Michael J. Kasbar to Position of CEO
Monday, August 29, 2011 - 7:33am | 59World Fuel Services Corporation (NYSE: INT), today announced that during its regularly scheduled board meeting held August 26th its Board of Directors approved the transition of Michael J. Kasbar to the position of president and chief executive officer effective January 1, 2012. Following the...
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Three Global Investors to Invest $150 Million in Clean Energy
Thursday, August 25, 2011 - 5:44am | 158In a move to participate in the growing natural gas vehicle market sector in the United States, three investment companies have agreed to invest $150 million in Clean Energy Fuels Corp. (Nasdaq: CLNE), North America's provider of natural gas fuel for transportation. The investors are Springleaf...
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Benzinga's Top Upgrades
Wednesday, August 24, 2011 - 6:42am | 125Analysts at Morgan Keegan upgraded AtriCure Inc (NASDAQ: ATRC) from “market perform” to “outperform.” ATRC's shares closed at $10.82 yesterday. AtriCure's trailing-twelve-month revenue is $63.28 million. Analysts at Benchmark Company upgraded Tesoro Corporation (NYSE: TSO) from “sell” to “buy.”...
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UPDATE: Benchmark Upgrades Tesoro Coporation from Sell to Buy
Wednesday, August 24, 2011 - 6:25am | 89Benchmark has published a research report on Tesoro Corporation (NYSE: TSO) upgrading the stock. In the report, Benchmark wrote, "Risks to favorable share performance include the implications of anticipated declines in industry-wide refining margins and of a pending lawsuit, alleging negligence,...
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Benchmark Upgrades Tesoro To Buy, $25 PT
Wednesday, August 24, 2011 - 4:57am | 26The Benchmark Company has upgraded Tesoro (NYSE: TSO) from Sell to Buy and has established a $25 price target.
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Benzinga's Top ETF Decliners, August 23rd (SOXS, ERY, FSG, SQQQ)
Tuesday, August 23, 2011 - 6:29pm | 195Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) led the decliners among the ETFs on Tuesday, with a 15.59% loss. SOXS closed at $90.25, and it had a volume of 90K traded shares. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) fell 13.70%, and closed at $18.45. In the energy space,...
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Benzinga's Top ETF Gainers, August 23rd (SOXL, TNA, ERX, TQQQ)
Tuesday, August 23, 2011 - 6:10pm | 179Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) traded 15.30% higher on Tuesday as NVIDIA Corporation (NASDAQ: NVDA) spiked 10.80%, and Advanced Micro Devices, Inc. (NYSE: AMD) gained 7.44%. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) traded higher today, along with the...
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Earnings Scheduled For August 23
Tuesday, August 23, 2011 - 2:23am | 481Williams-Sonoma Inc (NYSE: WSM) is expected to report its Q2 EPS at $0.36 on revenue of $823.97 million. American Woodmark Corporation (NASDAQ: AMWD) is estimated to post a Q1 loss at $0.17 per share on revenue of $116.18 million. La-Z-Boy Incorporated (NYSE: LZB) is projected to report its FQ1...
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Genesis Energy, L.P. Expands Credit Facility to $775M from $525M
Monday, August 22, 2011 - 6:01am | 99Genesis Energy, L.P. (NYSE: GEL) announced today that it has amended its secured revolving credit facility to increase the lending commitment from $525 million to $775 million, including an accordion feature whereby the total credit available can be increased up to $1 billion. In addition, the...
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Valero Energy Begins Restart of Memphis Refinery; Updates Operating Guidance for Q3
Thursday, August 18, 2011 - 11:56am | 142Valero Energy Corporation (NYSE: VLO) today announced that the company is in the process of restarting units at its Memphis refinery, which was shut down on Aug. 5 due to a fire in a crude distillation unit. The restart will begin with one of the crude distillation units, FCC, and other key units....
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UPDATE: Benchmark Lowers PT on Valero Energy Corporation from $31 to $30
Thursday, August 18, 2011 - 7:31am | 116Benchmark has published a research report on Valero Energy Corporation (NYSE: VLO) lowering the price target. In the report, Benchmark wrote, "In the context of our unchanged expectation of declines from currently elevated levels in industry-wide refining margins, we are reducing our full year...
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Benzinga's Top ETF Decliners, August 16th (SOXL, TNA, ERX, FAS)
Tuesday, August 16, 2011 - 6:27pm | 195Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) lost 5.64% on Tuesday as Teradyne, Inc. (NYSE: TER) fell 4.81%, and closed at $11.87. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) traded lower, along with the Russell 2000 Index. TNA closed at $46.12, and it had a volume of 22....
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Benzinga's Top ETF Gainers, August 16th (SOXS, TZA, ERY, TVIX)
Tuesday, August 16, 2011 - 6:15pm | 191Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) traded 5.76% higher on Tuesday, and it closed at $86.63. In the semiconductor space, Teradyne, Inc. (NYSE: TER) lost 4.81%, and Texas Instruments Incorporated (NYSE: TXN) fell 2.04%. Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) gained...
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Sunoco to Sell Haverhill Phenol Plant To Goradia Capital for $106.5M
Tuesday, August 16, 2011 - 3:01pm | 102Sunoco, Inc. (NYSE: SUN) announced today that it has reached a definitive agreement to sell its phenol manufacturing facility in Haverhill, Ohio, to Haverhill Chemicals LLC, an affiliate of Goradia Capital LLC. Sunoco will sell the facility and the estimated value of the product inventory...