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Stock Market & Financial Investment News

News Breaks
October 11, 2012
10:30 EDTBBG, PDCE, NBLWells Fargo cuts ratings on drillers in Colorado's DJ Basin
In a note to investors earlier today Wells Fargo downgraded fossil fuel drilling companies Bill Barrett Group (BBG), PDC Energy (PDCE), and Noble Energy (NBL) as the firm expects the companies to be hurt by growth constraints in Colorado's Denver-Julesburg, or DJ, Basin. Specifically, Wells, which downgraded all three stocks to Market Perform from Outperform, believes that the three drillers will be hurt by constraints on companies that provide other services related to the procurement and sale of natural gas liquids in the area. These constraints could negatively impact the drillers' ability to grow over the next 12-15 months, Wells Fargo wrote. In mid-morning trading, Bill Barrett lost 0.64% to $24.72, PDC fell 1.16% to $33.20, and Noble Energy added 0.27% to $94.36.
News For BBG;PDCE;NBL From The Last 14 Days
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May 23, 2013
12:59 EDTNBLIsraeli minister could cut gas export ceiling, Globes reports
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10:08 EDTPDCEOn The Fly: Analyst Initiation Summary
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07:31 EDTNBLSenate Energy & Natural Resources Committee to hold a forum
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07:22 EDTPDCEIberia Capital Partners to host a conference
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06:40 EDTPDCEPDC Energy initiated with an Outperform at RBC Capital
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May 22, 2013
08:21 EDTNBLNoble Energy announces Karish discovery in Levant basin offshore Israel
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07:30 EDTNBLUBS to host a conference
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May 16, 2013
13:19 EDTNBLNoble Energy says signs of gas seen in Israeli field, Globes reports
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May 15, 2013
10:13 EDTNBLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel.
07:31 EDTNBLNoble Energy upgraded to Buy from Hold at Stifel
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