New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
August 19, 2014
10:13 EDTCEO, GES, IR, LGP, LXRX, MNST, NBHGY, JOE, SCTYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: CNOOC (CEO) downgraded to Hold from Buy at Jefferies... Guess (GES) downgraded to Neutral from Overweight at Piper Jaffray... Ingersoll-Rand (IR) downgraded at RW Baird... Lehigh Gas (LGP) downgraded to Neutral from Buy at Ladenburg... Lexicon (LXRX) downgraded to Hold from Buy at Gabelli... Monster Beverage (MNST) downgraded to Neutral from Buy at SunTrust... Nobel Biocare (NBHGY) downgraded to Hold from Buy at Berenberg... Saint Joe Co. (JOE) downgraded to Market Perform from Outperform at Raymond James... SolarCity (SCTY) downgraded at RW Baird.
News For CEO;GES;IR;LGP;LXRX;MNST;NBHGY;JOE;SCTY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
October 29, 2014
05:43 EDTCEOCNOOC reports Q3 oil and gas sales revenue down 4.6% to about RMB 53.57B
In Q3, CNOOC achieved total net production of 103 MBOE, basically flat year-on-year. Production growth in Bohai offshore China remained steady, while overseas production fell slightly primarily due to scheduled maintenance at the Buzzard oilfield in the UK North Sea. During the period, the company made 1 new discovery and drilled 9 successful appraisal wells in offshore China including the mid-to-large sized discovery Jinzhou 23-2 that has excellent reservoir quality. Following the successful appraisal of Luda 21-2 structure, it is expected to be developed into a large-sized oilfield. In addition, the company and its partner Shell made a large-sized deepwater gas discovery Leopard offshore Gabon. In the third quarter, Enping 24-2 commenced production while other projects are progressing on schedule. In Q3, the unaudited oil and gas sales revenue of the company reached approximately RMB 53.57B, down 4.6% YoY. The company's average realized oil price was $98.98 per barrel, down 6.8% YoY. The company's average realized natural gas price was $6.61 per thousand cubic feet, an increase of 21.7% YoY, mainly due to the company implementing a price increase on part of the user base in China and the price increase of overseas natural gas. During the period, the company's capital expenditures reached approximately RMB 26.33B, up 19.6%, mainly due to the increase in the number of development projects and higher exploration costs on overseas deepwater projects.
October 28, 2014
10:12 EDTNBHGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Buffalo Wild Wings (BWLD) upgraded to Outperform at RW Baird... CPFL Energia (CPL) upgraded to Buy from Neutral at UBS... Core Laboratories (CLB) upgraded to Overweight from Equal Weight at Morgan Stanley... Dril-Quip (DRQ) upgraded at Morgan Stanley... DryShips (DRYS) upgraded to Outperform from Underperform at Imperial Capital... FireEye (FEYE) upgraded to Positive from Mixed at OTR Global... GOL Linhas (GOL) upgraded to Outperform from Market Perform at Raymond James... Madison Square Garden (MSG) upgraded to Buy from Hold at ISI Group... Nobel Biocare (NBHGY) upgraded to Neutral from Underweight at JPMorgan... STMicroelectronics (STM) upgraded to Neutral from Sell at Citigroup... Trinity Industries (TRN) upgraded to Positive from Neutral at Susquehanna... Twitter (TWTR) upgraded to Hold from Sell at Pivotal Research... Wal-Mart de Mexico (WMMVY) upgraded to Overweight from Equal Weight at Barclays... Wright Medical (WMGI) upgraded at RBC Capital... XL Group (XL) upgraded to Hold from Sell at Deutsche Bank.
07:28 EDTCEOCNOOC division signs contract with Genoil to build $700M refinery
Subscribe for More Information
06:45 EDTNBHGYNobel Biocare upgraded to Neutral from Underweight at JPMorgan
Subscribe for More Information
October 27, 2014
11:12 EDTSCTYVivint Solar advances after upbeat initiations of coverage
Subscribe for More Information
October 24, 2014
09:13 EDTIRIngersoll-Rand cuts FY14 continuing ops EPS view to $3.13-$3.16 from $3.20-$3.24
Subscribe for More Information
09:12 EDTIRIngersoll-Rand cuts Q4 continuing ops EPS view to 63c-67c from 67c-72c
Consensus is 74c. Ingersoll-Rand announced that it priced a $1.1B debt offering consisting of three tranches, maturing in 2020, 2024 and 2044. To reflect the impact of the newly issued notes and the early redemption of the 2015 notes, the company is updating its fourth-quarter estimate for reported earnings per share from continuing operations to a range of 63c-67c.
05:42 EDTCEOCNOOC announces new discovery Jinzhou 23-2 in Bohai
Subscribe for More Information
October 23, 2014
09:30 EDTIRIngersoll-Rand files automatic mixed securities shelf
Subscribe for More Information
06:44 EDTCEOChina to raise energy resource tax, Xinhua reports
Subscribe for More Information
October 22, 2014
09:53 EDTSCTYCredit Suisse Events at Solar Power International
Credit Suisse holds meetings in Las Vegas in conjunction with the Solar Power International Conference include ENPH, TSL, CSIQ, SCTY, JASO, HSOL and STRI on October 22.
07:09 EDTIRIngersoll-Rand sees Q4 continuing ops EPS 68c-72c, consensus 79c
Subscribe for More Information
07:08 EDTIRIngersoll-Rand sees FY14 adjusted EPS $3.20-$3.24, consensus $3.24
Sees FY14 revenue up approx. 4%, consensus $12.84B. Restructuring expenses are expected to approximate (3c) per share. Free cash flow for full-year 2014 is expected to be in the range of $800M-$850M.
07:07 EDTIRIngersoll-Rand sees acquisition of Cameron assets closing before end of year
In August, the company (IR) announced that it entered into an agreement to acquire the assets of Cameron International Corporationís (CAM) Centrifugal Compression division for $850M. The acquisition is expected to close before the end of the year, subject to regulatory approval.
07:06 EDTIRIngersoll-Rand reports Q3 continuing ops EPS $1.10, consensus $1.04
Subscribe for More Information
05:42 EDTCEOShell announces Gabon deep-water gas discovery
Shell (RDS.A, RDS.B)announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 metres net gas pay in a pre-salt reservoir. Leopard-1 is located around 145 kilometres off the Gabonese coast, west of Gamba. It was drilled in water 2,110 metres deep to a total vertical depth of 5,063 metres. Shell and partners are planning to undertake an appraisal programme to further determine the resource volumes. Leopard-1 was drilled in license BCD10, operated by Shell. Second partner in the venture is CNOOC (CEO). This frontier discovery follows recent deep water exploration successes in the heartlands for Shell Exploration in the Gulf of Mexico and Malaysia.
05:17 EDTLXRXIpsen, Lexicon enter into ex-North America/Japan licensing agreement
Ipsen (IPSEY) and Lexicon Pharmaceuticals (LXRX) announced that they have entered into an exclusive licensing agreement for Ipsen to commercialize telotristat etiprate outside of North America and Japan, with a focus on the treatment of carcinoid syndrome. Lexicon retains sole rights to commercialize telotristat etiprate in the United States, Canada and Japan. Lexicon is conducting Phase 3 clinical trials of telotristat etiprate for carcinoid syndrome, a serious condition caused by symptomatic neuroendocrine tumors, which produce large amounts of serotonin. Carcinoid syndrome is characterized by severe diarrhea, flushing and, in some cases, heart valve damage. Telotristat etiprate is an oral, small-molecule inhibitor of tryptophan hydroxylase, or TPH, that reduces peripheral serotonin production without affecting brain serotonin levels. Telotristat etiprate has received fast track status and orphan drug designation from the FDA, and has received orphan drug designation from the European Medicines Agency. Under the financial terms of the agreement, Lexicon is eligible to receive up to $145M, comprising $23M upfront payment and additional payments contingent upon achievement of clinical, regulatory and commercial milestones. In addition, Lexicon is also eligible to receive royalties on net sales of telotristat etiprate in the licensed territory.
October 21, 2014
15:35 EDTIRNotable companies reporting before tomorrow's open
Subscribe for More Information
October 20, 2014
11:05 EDTSCTYSolarCity appoints Jonathan Beamer as Chief Marketing Officer
Subscribe for More Information
07:19 EDTSCTYJPMorgan says recent sell-off in solar space unjustified
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use