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Stock Market & Financial Investment News

News Breaks
February 26, 2013
07:09 EDTCIECobalt says evaluation results are encouraging in Shenandoah well
Cobalt provided an update regarding its Shenandoah #2R appraisal well, located in Walker Ridge Block 51 in the deepwater Gulf of Mexico. While evaluation operations are still ongoing in this well, wireline evaluation results received thus far are very encouraging. The Shenandoah #2R appraisal well was drilled as a straight hole to a total depth of 31,400 feet in approximately 5,800 feet of water, about 1.3 miles southwest of the Shenandoah #1 discovery well. The Shenandoah #1 discovery well was drilled in early 2009 on Walker Ridge Block 52 and encountered nearly 300 net feet of Inboard Lower Tertiary oil pay. Cobalt holds a 20% working interest in Shenandoah.
News For CIE From The Last 14 Days
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December 15, 2014
10:00 EDTCIEOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: UPS (UPS) downgraded to Hold from Buy at Deutsche Bank... CGG SA (CGG) downgraded to Underperform from Market Perform at Raymond James... Ford (F) downgraded to Hold from Buy at Deutsche Bank... Cenovus Energy (CVE) downgraded to Market Perform from Outperform at BMO Capital... Cobalt (CIE) downgraded to Neutral from Buy at Goldman... Gastar Exploration (GST) downgraded to Neutral from Buy at SunTrust... Itau Unitbanco (ITUB) downgraded to Neutral from Buy at Goldman... Methanex (MEOH) downgraded to Outperform from Strong Buy at Raymond James... OGE Energy (OGE) downgraded to Hold from Buy at Jefferies... SandRidge Energy (SD) downgraded to Neutral from Buy at SunTrust... Sempra Energy (SRE) downgraded to Neutral from Overweight at JPMorgan... HollyFrontier (HFC) downgraded to Neutral from Buy at BofA/Merrill... CNA Financial (CNA) downgraded to Market Perform from Outperform at William Blair... Allergan (AGN) downgraded to Hold from Buy at Stifel... RF Micro Devices (RFMD) downgraded to Neutral from Buy at DA Davidson.
05:43 EDTCIECobalt downgraded to Neutral from Buy at Goldman
Goldman Sachs downgraded Cobalt International Energy to Neutral saying reduced crude oil prices lowers the value of the company's deepwater exploration. The firm dropped its price target for shares to $9 from $13.
December 10, 2014
10:33 EDTCIEOptions with increasing implied volatility
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December 8, 2014
10:00 EDTCIEOn The Fly: Analyst Downgrade Summary
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06:14 EDTCIECobalt downgraded to Neutral from Buy at Citigroup
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