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Stock Market & Financial Investment News

News Breaks
October 15, 2012
05:55 EDTMRO, MRO, BHI, BHI, SLB, SLB, CPNO, CPNO, ROSE, ROSE, STO, STO, BAC, BAC, SFY, SFY, PNR, PNR, HAL, HALHart Energy to host a conference
3rd Annual DUG Eagle Ford Conference is being held in San Antonio, Texas on October 14-16.
News For MRO;PNR;SFY;BAC;STO;ROSE;CPNO;SLB;BHI;HAL From The Last 14 Days
Check below for free stories on MRO;PNR;SFY;BAC;STO;ROSE;CPNO;SLB;BHI;HAL the last two weeks.
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May 24, 2013
13:02 EDTBHIBaker Hughes U.S. right count down 7 to 1,762
U.S. Rig Count is down 7 from last week at 1,762, with oil rigs down 6 at 1,402, gas rigs unchanged at 354, and miscellaneous rigs down 1 at 6. U.S. Rig Count is down 221 rigs from last year at 1,983, with oil rigs up 19, gas rigs down 240, and miscellaneous rigs unchanged. The U.S. Offshore rig count is 51, down 1 from last week, and up 3 year over year.
12:34 EDTBACBank of America seeking buyers for 40 branches, Bloomberg reports
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May 23, 2013
16:41 EDTSLBHelmerich & Payne to sell part of equity portfolio
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08:44 EDTMROMarathon Oil provides divestiture update
As previously announced, Marathon Oil had engaged in discussions with respect to a potential sale of a portion of the company's 20% outside-operated interest in the Athabasca Oil Sands Project, or AOSP, in Alberta, Canada. An agreement was not reached with the prospective purchaser and negotiations have been terminated. Marathon Oil is not engaged in further discussions with respect to a potential sale of these assets; however, the Company will continue to evaluate ways to optimize its portfolio for profitable growth and to deliver value to shareholders. As such, the Company's stated goal of divesting between $1.5B-$3B in assets over the period of 2011 through 2013 remains intact. As of May 22, Marathon Oil has agreed upon or closed on approximately $1.3B in divestitures.
07:31 EDTHAL, BHISenate Energy & Natural Resources Committee to hold a forum
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07:28 EDTSFYUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 23 at 9:05 am; not all company presentations may be webcasted. Webcast Link
07:12 EDTBACWall Street trying to use trade deals to weaken Dodd-Frank, Bloomberg reports
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06:08 EDTBACOn the Fly: Periodicals Wrap-Up
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May 22, 2013
11:46 EDTSTOStatoil upgraded to Equal Weight from Underweight at Morgan Stanley
10:00 EDTROSEOn The Fly: Analyst Downgrade Summary
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09:39 EDTSTOTeekay Offshore signs new FSO contract with Statoil
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09:02 EDTBACFinancials upgraded to Overweight from Market Weight at Wells Fargo
Wells Fargo believes that financials' earnings continue to be the strongest of any sector in the S&P 500. The firm thinks that the sector's stocks appear to be breaking out from a technical standpoint. Citigroup (c) and Ameriprise Financial (AMP) are on the firm's priority list.
07:30 EDTBHIUBS to host a conference
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07:22 EDTBACDun & Bradstreet to hold a conference
2013 Access to Capital is being held in Chicago on May 22.
06:19 EDTROSERosetta Resources downgraded to Neutral from Outperform at Cowen
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May 21, 2013
07:36 EDTMRO, HALUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
07:18 EDTPNRElectrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link
07:13 EDTBACU.S. bank mergers less likely this year, Bloomberg reports
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May 20, 2013
19:32 EDTSLBSchlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link
10:11 EDTBACOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel.
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