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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:47 EDTPTENCorrection: Patterson-UTI Energy gaps up after results, levels to watch
The company reported earnings of 40 cents for its Q4 versus expectations of $29 cents. Shares are currently up over 7.4% at time of writing, off the highs of the session. At the current price of $22.36, resistance is at $23.26, the session high. Support is at $22.14, a prior pivot high from January 2012. NOTE: A prior story in the same form above indicated February 2012 as the pivot high date, thanks to subscriber who caught the error.
News For PTEN From The Last 14 Days
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July 27, 2015
10:00 EDTPTENOn The Fly: Analyst Downgrade Summary
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09:28 EDTPTENPatterson-UTI downgraded to Accumulate from Buy at Global Hunter
Global Hunter downgraded Patterson-UTI to Accumulate with an $18 price target. The firm downgraded shares citing an uncertain E&P spending outlook and high consensus expectations.
July 23, 2015
06:02 EDTPTENPatterson-UTI reports Q2 EPS (13c), consensus (27c)
Reports Q2 revenue $472.76M, consensus $439.77M.
July 22, 2015
15:26 EDTPTENNotable companies reporting before tomorrow's open
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July 16, 2015
10:00 EDTPTENOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arc Logistics (ARCX) upgraded to Buy from Hold at Stifel... Dean Foods (DF) upgraded to Buy from Hold at Deutsche Bank... FreightCar America (RAIL) upgraded to Neutral from Sell at UBS... Frontier Communications (FTR) upgraded to Buy from Hold at Jefferies... Google (GOOG) upgraded to Outperform from Market Perform at BMO Capital... Intel (INTC) upgraded to Buy from Hold at Needham... Medtronic (MDT) upgraded to Buy from Neutral at BTIG... Netflix (NFLX) upgraded to Buy from Neutral at Rosenblatt... New Jersey Resources (NJR) upgraded to Buy from Hold at Argus... ONEOK Partners (OKS) upgraded to Outperform from Perform at Oppenheimer... Patterson-UTI (PTEN) upgraded to Overweight from Equal Weight at Morgan Stanley... SJM Holdings (SJMHY) upgraded to Overweight from Underweight at JPMorgan... Statoil (STO) upgraded to Buy from Neutral at Citi... SunOpta (STKL) upgraded to Outperform from Sector Perform at Scotia Howard Weil... Viacom (VIAB) upgraded to Neutral from Sell at Citi... Walgreens Boots Alliance (WBA) upgraded to Outperform from Neutral at Credit Suisse... Werner (WERN) upgraded on 'compelling' valuation at Wells Fargo... Wisconsin Energy (WEC) upgraded to Outperform from Neutral at Baird... voxeljet (VJET) upgraded to Overweight from Neutral at Piper Jaffray.
07:52 EDTPTENPatterson-UTI upgraded to Overweight from Equal Weight at Morgan Stanley
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