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Stock Market & Financial Investment News

News Breaks
December 10, 2013
19:14 EDTPDSPrecision Drilling says active drilling rig count increasing throughout Q4
Precision's active drilling rig count in both Canada and the United States has been increasing throughout Q4. Precision has 109 active drilling rigs in Canada, 93 in the United States and 12 in international locations. The company expects Precision's Canadian drilling rig count to remain at current levels until industry activity breaks for the holiday season before returning to higher activity after the first of the year. The company expects its Q1 peak activity levels to be similar to winter 2013. In the United States, the company expects recent market share gains to be maintained in the near term and activity levels to increase or decrease with industry activity. Precision currently has 200 Tier 1 rigs and will have 211 Tier 1 drilling rigs upon delivery of all announced new builds, up from 93 Tier 1 rigs in 2009. To date in 2013, the company has completed and delivered eight new build drilling rigs.
News For PDS From The Last 14 Days
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October 16, 2014
09:38 EDTPDSPrecision Drilling upgraded to Action List Buy from Buy at TD Securities
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October 15, 2014
07:06 EDTPDSPrecision Drilling initiated with a Buy at ISI Group
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October 9, 2014
10:00 EDTPDSOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Acuity Brands (AYI) upgraded at Oppenheimer... Agnico-Eagle (AEM) upgraded to Buy from Hold at Desjardins... Apple (AAPL) upgraded to Outperform from Perform at Oppenheimer... Bank of Montreal (BMO) upgraded to Buy from Hold at Canaccord... Basic Energy (BAS) upgraded to Hold from Underperform at Jefferies... BreitBurn Energy (BBEP) upgraded to Outperform from Perform at Oppenheimer... Golden Minerals (AUMN) upgraded at Roth Capital... Helmerich & Payne (HP) upgraded to Buy from Hold at Jefferies... II-VI (IIVI) upgraded to Buy from Neutral at DA Davidson... LivePerson (LPSN) upgraded at Credit Suisse... Luminex (LMNX) upgraded to Market Perform at Cowen... MGM Resorts (MGM) upgraded at Craig-Hallum... New Gold (NGD) upgraded to Buy from Hold at Desjardins... New Source Energy (NSLP) upgraded to Outperform from Perform at Oppenheimer... Pacific Coast Oil (ROYT) upgraded to Buy from Hold at Stifel... Pioneer Energy (PES) upgraded to Buy from Hold at Jefferies... Precision Drilling (PDS) upgraded to Strong Buy from Outperform at Raymond James... Randgold (GOLD) upgraded to Overweight from Neutral at HSBC... Resource Capital (RSO) upgraded to Buy from Hold at MLV & Co.... Toyota (TM) upgraded to Buy from Neutral at BofA/Merrill... Transocean (RIG) upgraded to Outperform from Sector Perform at Iberia... Universal Technical (UTI) upgraded to Outperform from Market Perform at Wells Fargo... Vulcan Materials (VMC) upgraded to Buy from Neutral at Longbow.
09:09 EDTPDSPrecision Drilling upgraded to Strong Buy from Outperform at Raymond James
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