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Stock Market & Financial Investment News

News Breaks
February 6, 2013
07:20 EDTWFT, HSII, FTI, CAM, SYY, KFY, AMED, WM, JIVE, MDRHMG Strategy to host a summit
2013 Houston CIO Executive Leadership Summit is being held in Houston on February 6.
News For CAM;MDR;AMED;FTI;JIVE;KFY;HSII;WM;SYY;WFT From The Last 14 Days
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April 22, 2015
19:00 EDTWFTWeatherford reports increased cost reduction initiatives
Weatherford's headcount at the end of Q1 dropped to 49K from 56K at the start of the year. The company's current 18% headcount reduction goal for the year will leave it with about 39K employees in its core businesses and 6K rig employees. The company has increased its 2015 reduction in force exercise to target 10K positions, in place of the previously announced 8K, with the bulk of the increase coming in North America. By the end of Q1, 6,449 terminations had been completed resulting in expected annualized savings of over $422M. The company expects to complete the entire revised program of 10K terminations by the end of Q2 generating expected annualized savings of $640M. The company had also planned to shut down seven manufacturing facilities during the year. Of these, two were closed in Q1 with four more planned for Q2 and the seventh being targeted for closure in Q3. Separately, the company plans to shut down and consolidate 60 operating facilities across North America by the end of the year. The procurement savings initiative is on track.
18:54 EDTWFTWeatherford reports Q1 non-GAAP EPS (4c), consensus 1c
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15:50 EDTCAMNotable companies reporting before tomorrow's open
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15:30 EDTWFTNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include eBay (EBAY), consensus 70c... Facebook (FB), consensus 40c... Texas Instruments (TXN), consensus 62c... Las Vegas Sands (LVS), consensus 72c... Qualcomm (QCOM), consensus $1.33... AT&T (T), consensus 62c... F5 Networks (FFIV), consensus $1.50... Plexus (PLXS), consensus 69c... Skechers (SKX), consensus $1.01... Select Comfort (SCSS), consensus 41c... Tractor Supply (TSCO), consensus 41c... Covanta (CVA), consensus (8c)... Crown Castle (CCI), consensus $1.09... Torchmark (TMK), consensus $1.05... Ameriprise (AMP), consensus $2.33... Polycom (PLCM), consensus 21c... Citrix (CTXS), consensus 65c... Core Laboratories (CLB), consensus 85c... Graco (GGG), consensus 78c... Cheesecake Factory (CAKE), consensus 48c... Equifax (EFX), consensus $1.02... SLM (SLM), consensus 7c... Xilinx (XLNX), consensus 50c... O'Reilly Automotive (ORLY), consensus $1.94... Susquehanna (SUSQ), consensus 18c... Raymond James (RJF), consensus 83c... SL Green Realty (SLG), consensus $1.49... CoreLogic (CLGX), consensus 31c... Oceaneering (OII), consensus 62c... Valmont (VMI), consensus $1.49... Brandywine Realty (BDN), consensus 32c... Weatherford (WFT), consensus 1c.
12:22 EDTSYYSysco files petition opposing FTC block of merger, WSJ says
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10:17 EDTFTIHigh option volume stocks
High option volume stocks: CAMP FTI NUVA ASHR MDRX AEC OIL TEL PODD SMCI
April 21, 2015
16:07 EDTFTIFMC Technologies sees FY15 Subsea Technologies inbound awards of at least $3B
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16:06 EDTFTIFMC Technologies reports Q1 EPS 63c, consensus 59c
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15:28 EDTFTINotable companies reporting after market close
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10:09 EDTFTIHigh option volume stocks
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April 17, 2015
12:34 EDTCAMCameron could rise 20% over next 12 months, Barron's says
Shares of Cameron, down 26% over the past nine months to around $50, could bounce back to $60 over the next year as the company benefits from well upgrades and the anticipated rebound in oil prices, Barron's reports. Reference Link
08:29 EDTWFTU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 16, 2015
09:34 EDTWFTWeatherford downgraded to Neutral from Accumulate at Global Hunter
April 15, 2015
08:58 EDTCAM, WFTOil services stocks should be bought on dips, says BMO Capital
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06:16 EDTWFTOil layoffs reach 100,000 and still going, WSJ reports
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April 14, 2015
10:01 EDTMDROn The Fly: Analyst Upgrade Summary
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05:36 EDTMDRMcDermott upgraded to Outperform from In-Line at Imperial Capital
Imperial Capital upgraded McDermott to Outperform saying the company will benefit from growing demand for offshore oil and gas construction services. The firm raised its price target for shares to $6 from $4.
April 13, 2015
10:00 EDTCAM, FTIOn The Fly: Analyst Downgrade Summary
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08:31 EDTFTIFMC Technologies downgraded to Market Perform from Outperform at Raymond James
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08:31 EDTCAMCameron downgraded to Outperform from Strong Buy at Raymond James
Raymond James downgraded Cameron to Outperform with a $55 given a reduced orders outlook, a reduction in earnings potential near-term, and offshore exposure.
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