-
Ecopetrol Increases Stake in Exploration of Cano Sur Block
Monday, February 14, 2011 - 8:37am | 88Read More...Ecopetrol S.A. (NYSE: EC) and Shell Exploration and Production Colombia Cano Sur GmbH have reached an agreement whereby Ecopetrol will assume all of the stake that Shell previously held in the exploration of Cano Sur block, located in the Llanos Orientales basin. Ecopetrol will retain a 100% stake...
-
A Look Ahead: Next Week's ETFs To Watch
Friday, February 11, 2011 - 4:21pm | 323Read More...It has been another fun-filled week for U.S. stocks and ETFs as nothing, not slack earnings, not Egypt seems to be able to derail this market. These are painful days to be short much of anything, but let's have a look at where some profitable ETF opportunities lie for next week's trading. 1) Market...
-
Options Brief: Tesoro Corporation (TSO)
Friday, February 11, 2011 - 11:40am | 71Read More...Shares of Tesoro Corporation (NYSE: TSO) are higher on the session by 1.35%, trading at $21.80. Overall call volume is now running at 2.43x the daily average, with 48% of all calls traded being purchases on the offer. 12,841 contracts have traded on the session so far. Tesoro Corporation is an...
-
Rentech's Rialto Renewable Energy Project Proceeds to Due Diligence Phase
Thursday, February 10, 2011 - 9:25am | 122Read More...Rentech, Inc. (NYSE: RTK) announced today that the U.S. Department of Energy Loan Guarantee Program Office has selected Rentech's loan guarantee application for its proposed Rialto Renewable Energy Center for due diligence review. Rentech applied in February of 2010 for a loan guarantee for the...
-
Mad Money Lightning Round OT: Cramer Wants To Take Profits In HGG, INT And MGIC
Wednesday, February 9, 2011 - 7:57pm | 197Read More...On CNBC's Mad Money Lightning Round OT, Jim Cramer said that he is a seller of hhgregg, Inc. (NYSE: HGG). He added that hhgregg, Inc. (HGG) had a great run, but he doesn't want to be in that hard good segment because it is too competitive. hhgregg, Inc. (HGG) gained 0.75% today, and closed at $17....
-
Fast Money Picks For February 10th (SWY, SLV, DOV, FCX, CVI)
Wednesday, February 9, 2011 - 7:09pm | 279Read More...CNBC Fast Money's Jon Najarian suggested to the viewers of the show to consider a long position in Safeway Inc. (NYSE: SWY). He owns call options. Safeway Inc. (SWY) gained 1.75% today, and closed at $21.56. Brian Kelly is bullish on silver, and he wants to buy iShares Silver Trust (ETF) (NYSE: SLV...
-
Fast Money Picks For Februray 9th (IPI, MSG, IAU, DAI, FTO, CVI, WNR)
Tuesday, February 8, 2011 - 7:20pm | 258Read More...CNBC Fast Money's Brian Kelly said on the show that he wants to go long on gold. He recommended a long position in iShares Gold Trust(ETF) (NYSE: IAU) as the best way to make this trade. iShares Gold Trust(ETF) (IAU) gained 1.08% today, and it closed at $13.34. Tim Seymour believes that Madison...
-
Ecopetrol Announces Small Colombia Discovery
Monday, February 7, 2011 - 5:32pm | 163Read More...Ecopetrol (NYSE: EC), Colombia's state-controlled oil producer, said its exploratory well Tinkhana-1 in the western area of Colombia known as Putumayo found evidence of oil during an initial test phase. The company is the sole owner of the well. The well is located just a few miles northeast of...
-
Ecopetrol Announces Discovery in Putumayo
Monday, February 7, 2011 - 8:37am | 96Read More...Ecopetrol S.A. (NYSE: EC) informs that it has proven the presence of hydrocarbons at the exploratory well Tinkhana-1, located in the block known as Western Area in Putumayo. The well is part of exploratory work being carried out pursuant to the Western Area Production Agreement entered into with...
-
Benzinga's Top Upgrades (FTO, STJ, K, NTAP)
Monday, February 7, 2011 - 8:18am | 137Read More...Frontier Oil Corporation (NYSE: FTO) was upgraded by BofA/Merrill from "neutral" to "buy." FTO's shares closed at $22.42 on Friday. Frontier Oil's trailing-twelve-month revenue is $5.33 billion. Deutsche Bank upgraded St. Jude Medical Inc (NYSE: STJ) from "hold" to "buy." STJ's shares closed at $41...
-
Market Not Motivating 02-04-2011
Friday, February 4, 2011 - 5:32pm | 794Read More...Cusick's Corner To say that this market is highly motivating at this stage would be a stretch. The data out this morning was encouraging on the surface, but when you cut through the twisted adjustments and the twisted statistical calculations, you are hard pressed to make a case for a big data-...
-
Sunoco Stages A Major Intra-Day Bounce
Friday, February 4, 2011 - 10:39am | 77Read More...Sunoco Inc.(NYSE: SUN) is a major oil refiner that started the morning sharply lower after reporting earnings. The stock has rebounded higher since the opening bell rang at the New York Stock Exchange. Sunoco stock opened the session around the $41.00 level and bounced higher and is now trading...
-
Benzinga's Top Upgrades (PTEN, TSO, TIF, K)
Friday, February 4, 2011 - 8:27am | 130Read More...Patterson-UTI Energy Inc (NASDAQ: PTEN) was upgraded by Canaccord from "hold" to "buy." PTEN's shares closed at $25.14 yesterday. Patterson-UTI Energy's trailing-twelve-month revenue is $1.17 billion. Credit Suisse upgraded Tesoro Corporation (NYSE: TSO) from "neutral" to "outperform.” TSO's shares...
-
A Peek Into The Market Before The Trading Starts
Friday, February 4, 2011 - 8:01am | 427Read More...Pre-open movers US stock futures are higher this morning, as investors are awaiting January's key nonfarm payrolls figures. Futures on the Dow Jones Industrial Average gained 12 points to 12,021 and S&P 500 futures rose 1.40 points at 1,305. Nasdaq 100 futures gained 1.25 points to 2,323. A...
-
Credit Suisse Upgrades Tesoro to Outperform (TSO)
Friday, February 4, 2011 - 7:39am | 114Read More...Credit Suisse is out with its report today on Tesoro (NYSE: TSO), upgrading TSO from Neutral to Outperform. In a note to clients, Credit Suisse writes, "Holding TSO shares is a play on rising EBITDA from self-help and the economy, with some EBITDA multiple expansion potential also. We raise our...
