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Bank of America Merrill Lynch Neutral On Genesis Energy, L.P.
Tuesday, June 7, 2011 - 7:01am | 183Bank of America Merrill Lynch has a Neutral rating and a $28 price target on shares of Genesis Energy, L.P. (NYSE: GEL). In a note to clients, Bank of America Merril Lynch writes, "We continue to believe GEL's unit price reflects a balanced risk/reward profile. GEL completed a relatively expensive...
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Morgan Stanley Raises PT On Sunoco To $53
Tuesday, June 7, 2011 - 5:22am | 26Morgan Stanley has raised the price target on Sunoco (NYSE: SUN) from $50 to $53 and maintains its Overweight rating.
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Green Plains Expands Agribusiness Operations With Acquisition of Grain Elevator in Northwest Missouri
Monday, June 6, 2011 - 7:30am | 164Green Plains Renewable Energy (Nasdaq: GPRE) announces today that through its wholly-owned subsidiary, Green Plains Grain Company, it has completed the acquisition of 2 million bushels of federally-licensed grain storage located in Hopkins, Missouri previously owned by Horizon Grain of Hopkins, Inc...
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Top 4 Mid-Cap Stocks In The Oil & Gas Refining & Marketing Industry With The Lowest PEG Ratio
Sunday, June 5, 2011 - 11:51pm | 119Below are the top mid-cap oil & gas refining & marketing stocks on the NYSE and the NASDAQ in terms of PEG ratio Frontier Oil Corporation (NYSE: FTO) has a PEG ratio of 0.22. FTO's trailing-twelve-month ROE is 21.84%. Tesoro Corporation (NYSE: TSO) has a PEG ratio of 0.39. TSO's trailing-...
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Greece Troika: Idiots Galore In The Markets
Friday, June 3, 2011 - 3:00pm | 144This is absolutely astounding: Staff teams from the European Commission (EC), European Central Bank (ECB), and International Monetary Fund (IMF) have concluded a mission to Greece to discuss recent economic developments and policies needed to keep the country's economic program on track. The...
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Bank of America Provides Color on Western Digital, Buy
Tuesday, May 31, 2011 - 8:35am | 159Bank of America provided color on Western Digital's (NYSE: WDC) acquisition of Hitachi Global Storage Technologies from Hitachi (NYSE: HIT). In a research report published today, Bank of America states, "Western Digital announced that the European Commission (EC) was entering a Phase II review...
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Bank of America Merrill Lynch Initiates Coverage on Tesoro Logistics
Tuesday, May 31, 2011 - 7:24am | 254Bank of America Merrill Lynch commented on Tesoro Logistics (NYSE: TLLP) in a report released today. In the report, Bank of America Merrill Lynch was positive in its assessment of the company. Bank of America Merrill Lynch writes, "We are initiating coverage of TLLP with a Buy rating and $27 PO....
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Credit Suisse's Rating Changes
Tuesday, May 31, 2011 - 6:56am | 978In a research report published today, Credit Suisse made a number of rating changes. Experian (EXPN) was upgraded to Outperform from Neutral, while the target price was raised to 910p from 860p. In the report, Credit Suisse states, "We think that Experian can grow revenues organically at 7-8% per...
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Good looking charts on the long side
Friday, May 27, 2011 - 5:26pm | 1896( click to enlarge ) DISH Network Corp. (NASDAQ:DISH) finally broke out today but the volume was not as high as expected. Meanwhile, the stock closed near the highs of the day on Friday and further upside is expected to be seen next week. ( click to enlarge ) Oncothyreon Inc. (NASDAQ:ONTY...
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Global X Andean Fund Could Be A Winner As MILA Exchange Debuts
Friday, May 27, 2011 - 12:29pm | 437As most Americans will be enjoying an extra day off and perhaps firing up their grills on Monday, things will be busy in South America's financial markets as the widely anticipated Mercados Integrados LatinoAmericanos exchange, or MILA, opens for business. MILA is a combination boerse that links...
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Benzinga's Top Downgrades
Friday, May 27, 2011 - 7:24am | 138Analysts at Robert W. Baird downgraded Itron Inc (NASDAQ: ITRI) from “neutral” to “underperform.” ITRI's shares closed at $53.42 yesterday. Itron's trailing-twelve-month profit margin is 4.59%. Analysts at Ardour Capital downgraded Gushan Environmental Energy Limited (NYSE: GU) from “accumulate”...
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Phil Falcone Likes The Good Crosstex Energy
Thursday, May 26, 2011 - 12:10pm | 267Phil Falcone of Harbinger Capital Investments was at the Ira Sohn Conference yesterday, and gave Crosstex Energy, Inc. (NASDAQ: XTXI) as his investment idea. Falcone likes that Crosstex Energy is one of the few publicly traded general partners in a C Corp. asset structure. It owns 16.4 million...
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Earnings Scheduled For May 26
Wednesday, May 25, 2011 - 11:45pm | 491Big Lots Inc (NYSE: BIG) is projected to report its Q1 earnings at $0.69 per share on revenue of $1.23 billion. Fred's Inc (NASDAQ: FRED) is expected to post its Q1 EPS at $0.24 on revenue of $485.05 million. Tiffany & Co (NYSE: TIF) is projected to report its Q1 EPS at $0.57 on revenue of $...
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Endicott Biofuels and Holly Corporation Partner on a 30MM Gallon-per-Year Biorefinery Under Construction in Port Arthur, Texas
Tuesday, May 24, 2011 - 8:16am | 134Endicott Biofuels and Holly Biofuels, a wholly-owned subsidiary of Dallas-based petroleum refiner Holly Corporation (NYSE: HOC), announced today their formation of Sabine Biofuels LLC to partner on a 30 million-gallon-per-year biorefinery currently under construction in Port Arthur, Texas....
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Goldman Sachs Releases Price Target Summary
Tuesday, May 24, 2011 - 7:56am | 428According to Goldman Sachs, Cabot Oil & Gas (NYSE: COG) price target has been increased to $68.00 from $67.00. Estimates for the current year are $0.87. Cameron International (NYSE: CAM) price target has gone down to $69.00 from $73.00. Estimates for the current year are $2.60. Canadian Natural...