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Stock Market & Financial Investment News

News Breaks
December 5, 2012
07:03 EDTCIE, TOTCobalt announces significant North Platte deepwater Gulf of Mexico discovery
Cobalt International Energy (CIE) announced a significant oil discovery at its North Platte prospect on Garden Banks Block 959 in the deepwater Gulf of Mexico. The discovery well encountered several hundred feet of net oil pay in multiple Inboard Lower Tertiary sands. North Platte is located in approximately 4,400 feet of water and was drilled to a total depth of approximately 34,500 feet. Cobalt is the operator of North Platte and has a 60% working interest in the prospect. Total (TOT) E&P USA is Cobalt’s partner in the discovery, with a 40% working interest.
News For CIE;TOT From The Last 14 Days
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May 8, 2013
09:16 EDTCIECobalt 50M share Block Trade priced at $26.80
The deal range was $26.80-$27.00. Citigroup is acting as the underwriter of the offering.
May 7, 2013
18:51 EDTCIEOn The Fly: After Hours Movers
UP AFTER EARNINGS: WebMD (WBMD), up 14%... Electronic Arts (EA), up 8.4%... Whole Foods (WFM), up 8.4%. ALSO HIGHER: Pioneer Southwest (PSE), up 19.3% after receiving a buyout offer from Pioneer Natural (PXD)... Anthera Pharmaceuticals (ANTH), up 5.4% after announcing additional data from a phase 2 trial... Herbalife (HLF), up 1.1% after Carl Icahn increased his stake in the company to 16.48%. DOWN AFTER EARNINGS: Rubicon (RBCN), down 16.2%... Symantec (SYMC), down 5.9%... ValueClick (VCLK), down 15.5%. ALSO LOWER: CA Technologies (CA), down 4.9% after reporting earnings, saying it would take $150M charge in FY14... Cobalt (CIE), down 6.7% after filing to sell 50M shares of common stock for holders... 3D Systems (DDD), down 6.9% after filing $500M mixed securities shelf.
17:09 EDTCIECobalt files to sell 50M shares of common stock for holders
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08:10 EDTCIECobalt initiated with a Buy at ISI Group
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