-
Star Gas Prtnrs reports 1Q11 net income per share of $0.30, no estimates, vs $0.16 year earlier; sales increased 32% y/y to $459.5 mln (5.40 -0.05)
Monday, February 7, 2011 - 5:05pm | 149Star Gas Partners, L.P. (NYSE: SGU), a home energy distributor and services provider specializing in heating oil, today announced financial results for its fiscal 2011 first quarter, the three-month period ended December 31, 2010. For the fiscal 2011 first quarter, Star reported a 31.7 percent...
-
Options Brief: Sempra Energy (SRE)
Monday, February 7, 2011 - 4:19pm | 91Shares of Sempra Energy (NYSE: SRE) are higher on the session by 1.17%, trading at $52.73. Overall put volume is now running at 2.09x the daily average, with 39% of all puts traded being purchases on the offer. 4,297 contracts have traded on the session so far. Sempra Energy is an energy services...
-
Oil Under Pressure 02-07-2011
Monday, February 7, 2011 - 3:50pm | 936Cusick's Corner What a weekend -- the title is back in the rightful city Green Bay (yes, I am a Packer fan)! There was no denying the 6th seed, they found a way to win on the road against all odds, not listening to the pundits or crying about their injuries (3 starters out in the first half of...
-
Monday's Put/Call Ratio Leaders (SRE, BPOP, SID, KEY, ITUB)
Monday, February 7, 2011 - 1:22pm | 93Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Sempra Energy (NYSE: SRE) 3,917 puts, 54 calls 2. Popular Inc. (NASDAQ: BPOP) 40,261 puts, 843 calls 3. Companhia Siderugica Hacional (NYSE: SID) 5,048 puts, 115 calls 4. KeyCorp (...
-
UBS Research Summary (AMB, CPT, CEG, DVN, MGM, PPL, K, PLD, WY)
Monday, February 7, 2011 - 11:24am | 217UBS is out with today's daily research summary. In the report, UBS raised AMB Property's (NYSE: AMB) price target to $32 from $27.25, raised its Camden Property Trust (NYSE: CPT) price target to $61 from $57, raised its Constellation Energy Group (NYSE: CEG) price target to $32 from $31, downgraded...
-
Jefferies Maintains Buy on PPL Corp. (PPL)
Monday, February 7, 2011 - 10:10am | 119Jefferies is out with its report today on PPL Corp. (NYSE: PPL), maintaining Buy and a $30 PT. In a note to clients, Jefferies writes, "PPL reported 4Q10 operating earnings of $0.83 versus our estimate of $0.55, consensus of $0.57, and $0.52 in 4Q09. We are maintaining our 2011-2013 EPS estimates...
-
Jefferies Changes Empire District Electric PT To $22.50 (EDE)
Monday, February 7, 2011 - 9:40am | 91Jefferies changed its Empire District Electric (NYSE: EDE) price target to $22.50 from $22 in a research report published today. In the report, Jefferies states, "We view Empire District as a low-risk utility that should trade at a premium to other regulated utilities. The company recently filed a...
-
Deutsche Bank Reiterates Hold on PPL Corp. (PPL)
Monday, February 7, 2011 - 8:56am | 118Deutsche Bank is out with its report today on PPL Corp. (NYSE: PPL), reiterating Hold and a $26.50 PT on PPL. In a note to clients, Deutsche Bank writes, "PPL reported 4Q10 EPS on Friday and provided its first post-Kentucky acquisition outlook. While results beat expectations and guidance was only...
-
Wunderlich Securities Has Hold Rating, $37 PT On Spectra Energy Partners (SEP)
Monday, February 7, 2011 - 8:52am | 119Wunderlich Securities had a Hold rating and $37 price target on Spectra Energy Partners (NYSE: SEP) in its research report published today. In the report, Wunderlich Securities states, "Spectra Energy Partners, LP (SEP) reported 4Q10 adjusted EBITDA of $25.7 million. Although we believe that at...
-
Deutsche Bank Reiterates Sell on TECO Energy (TE)
Monday, February 7, 2011 - 8:48am | 132Deutsche Bank is out with its report today on TECO Energy (NYSE: TE), reiterating Sell and a $16.50 PT. In a note to clients, Deutsche Bank writes, "Following Q4 results, we are raising our 2011E by a nickel but reiterating our price target of $16.50 and Sell rating. TE has outperformed the S&P...
-
Jefferies Raises PT On Constellation Energy Group To $37
Monday, February 7, 2011 - 8:39am | 28Jefferies & Company has raised the price target on Constellation Energy Group (NYSE: CEG) from $36 to $37 and maintains its Buy rating.
-
Jefferies Raises PT On Empire District Electric To $22.50
Monday, February 7, 2011 - 8:34am | 28Jefferies & Company has raised the price target on Empire District Electric (NYSE: EDE) from $22 to $22.50 and maintains its Hold rating.
-
Morgan Keegan Lowering Estimates On Spectra Energy Partners (SEP)
Monday, February 7, 2011 - 8:32am | 100Morgan Keegan is lowering its 2011 estimates on shares of Spectra Energy Partners (NYSE: SEP), and is lowering its price target to $39 from $41. It has a Hold rating on shares. In a note to clients, Morgan Keegan writes, "Given the EBITDA decline and reduced estimates and coverage, we are raising...
-
UBS Downgrades PPL To Neutral
Monday, February 7, 2011 - 8:11am | 50Analysts at UBS downgrade PPL Corporation (NYSE: PPL) from “buy” to “neutral.” The target price for PPL has been lowered from $28 to $26. PPL shares dropped 2.90% to close at $25.08 on Friday. More Analyst Ratings here
-
Barclays Initiates CNP With Equal Weight
Monday, February 7, 2011 - 7:58am | 52Analysts at Barclays initiate coverage of CenterPoint Energy Inc (NYSE: CNP) with an “equal weight” rating. The target price for CNP is set to $16. CNP shares fell 0.12% to close at $16.14 on Friday. More Analyst Ratings here