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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:11 EDTBASBasic Energy increases FY14 capital budget by $50M
Basic Energy announced that its board recently approved an increase of $50M in its 2014 capital expenditure plan for the purchase of approximately 60,000 hydraulic horsepower of frac equipment. The total 2014 CapEx plan including this increase now stands at $285M, which includes $155M for expansion projects.
News For BAS From The Last 14 Days
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November 18, 2014
09:56 EDTBASOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allergan (AGN) downgraded to Market Perform from Outperform at William Blair... Wells Fargo (WFC) downgraded to Market Perform from Outperform at BMO Capital... Allergan downgraded to Neutral from Buy at Guggenheim... Allergan downgraded to Neutral from Buy at SunTrust... Basic Energy (BAS) downgraded to Neutral from Buy at SunTrust... CBS (CBS) downgraded to Neutral from Overweight at Atlantic Equities... Key Energy (KEG) downgraded to Neutral from Buy at SunTrust... Macy's (M) downgraded to Neutral from Buy at BofA/Merrill... Statoil (STO) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Market Perform from Outperform at Telsey Advisory... Urban Outfitters downgraded to Market Perform from Outperform at William Blair... Urban Outfitters downgraded to Neutral from Overweight at Atlantic Equities... Baker Hughes (BHI) downgraded to Hold from Buy at Argus.... Precision Drilling (PDS) downgraded to Market Perform at Raymond James.
06:12 EDTBASBasic Energy downgraded to Neutral from Buy at SunTrust
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November 12, 2014
07:31 EDTBASBofA/Merrill to hold a conference
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November 11, 2014
06:08 EDTBASBasic Energy reports September well servicing rig count unchanged at 421
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November 10, 2014
15:15 EDTBASJefferies to hold a conference
2014 Global Energy Conference is being held in New York on November 11-12.

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