New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 25, 2014
12:10 EDTWFT, SLB, HAL, BHISchlumberger rises after long-term profit guidance beats expectations
Schlumberger (SLB) and its peers are rising after the oil and gas services company provided long-term profit guidance. WHAT'S NEW: At an investor conference earlier today, Schlumberger predicted that its earnings per share would increase at a compound annual growth rate of 17%-20%. In a note to investors earlier today, RBC Capital analyst Kurt Hallead wrote that the Street was expecting the company's EPS to grow at an annualized rate of 15%. Schlumberger predicted that its 2017 EPS would be $9-$10. The company said it could achieve its guidance through revenue growth, margin expansion, and share repurchases. Sclhumberger added that it expects oil markets to be "well-balanced" through 2017. It predicted that spending on exploration would be "subdued" in 2015, but it expects a renewed focus on exploration in 2016-2017. WHAT'S NOTABLE: Before Schlumberger announced its guidance today, Hallead predicted that the company's EPS would reach $8 in 2016. He kept an Outperform rating on the shares. PRICE ACTION: Near noon, Schlumberger climbed 5% to $112.25. Other companies in the sector also advanced, with Baker Hughes (BHI) rising 1.9% to $72.77, Halliburton (HAL) gaining 1.8% to $69.39, and Weatherford (WFT) adding 1% to $22.67.
News For SLB;BHI;HAL;WFT From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 21, 2014
11:32 EDTSLBChevron, Occidental Petroleum, three others look cheap, Barron's says
Chevron (CVX), Occidental Petroleum (OXY), Shell (RDS.A, RDS.B), EOG Resources (EOG), and Schlumberger (SLB) look cheap due to the drop in oil prices and this could be an opportunity to buy, Barron's contends in its cover article. Reference Link
December 19, 2014
13:08 EDTBHIBaker Hughes reports U.S. rig count down 18 to 1875
Subscribe for More Information
10:17 EDTWFTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aviva (AV) upgraded to Outperform from Market Perform at Bernstein... Basic Energy (BAS) upgraded to Buy from Accumulate at Tudor Pickering... BioDelivery Sciences (BDSI) upgraded to Buy from Neutral at Roth Capital... CVS Health (CVS) upgraded at SunTrust... CVS Health (CVS) upgraded to Buy from Neutral at SunTrust... EPR Properties (EPR) upgraded to Hold from Underweight at KeyBanc... Ensco (ESV) upgraded to Accumulate from Hold at Tudor Pickering... First Marblehead (FMD) upgraded to Buy from Neutral at Compass Point... GOL Linhas (GOL) upgraded to Outperform from Neutral at Credit Suisse... Medical Properties Trust (MPW) upgraded to Hold from Underweight at KeyBanc... NVIDIA (NVDA) upgraded to Neutral from Underperform at BofA/Merrill... NewStar Financial (NEWS) upgraded to Buy from Neutral at Sidoti... Orange SA (ORAN) upgraded to Buy from Hold at Deutsche Bank... Parker Drilling (PKD) upgraded to Buy from Accumulate at Tudor Pickering... Potash (POT) upgraded to Buy from Neutral at UBS... Teekay Tankers (TNK) upgraded to Buy from Neutral at BofA/Merrill... Tidewater (TDW) upgraded to Accumulate from Hold at Tudor Pickering... Unum Group (UNM) upgraded to Buy from Neutral at Compass Point... WPP PLC (WPPGY) upgraded to Buy from Neutral at Citigroup... Weatherford (WFT) upgraded to Buy from Hold at Tudor Pickering.
09:26 EDTWFTWeatherford upgraded to Buy from Hold at Tudor Pickering
December 18, 2014
10:01 EDTBHI, HALOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:17 EDTHALHalliburton upgraded to Outperform from Sector Perform at RBC Capital
06:16 EDTBHIBaker Hughes upgraded to Outperform from Sector Perform at RBC Capital
Subscribe for More Information
December 17, 2014
12:51 EDTHAL, SLB, BHI, WFTNY state to ban fracking next year, CNBC reports
Publicly traded companies in the oil services space include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT).
10:02 EDTHALOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
10:02 EDTBHIOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Google (GOOG) upgraded to Buy from Hold at Pivotal Research... Twitter (TWTR) upgraded to Buy from Hold at Pivotal Research... Aaron's (AAN) upgraded to Buy from Hold at KeyBanc... Calpine (CPN) upgraded to Buy from Hold at Deutsche Bank... Check Point (CHKP) upgraded to Buy from Hold at Deutsche Bank... Columbia Sportswear (COLM) upgraded to Buy from Neutral at Goldman... Dakota Plains Holdings (DAKP) upgraded to Buy from Hold at Canaccord... SunCoke Energy (SXC) upgraded to Outperform from Neutral at Credit Suisse... Taylor Morrison (TMHC) upgraded to Buy from Hold at Evercore ISI... Teck Resources (TCK) upgraded to Buy from Neutral at UBS... VeriFone (PAY) upgraded to Overweight from Equal Weight at Barclays... Motorola Solutions (MSI) upgraded to Buy from Hold at Argus... Approach Resources (AREX) upgraded to Neutral from Reduce at Global Hunter... HealthSouth (HLS) upgraded to Outperform from Market Perform at Raymond James... QLogic (QLGC) upgraded to Overweight from Equal Weight at Morgan Stanley... Baker Hughes (BHI) upgraded to Focus List from Outperform at Howard Weil... Kansas City Southern (KSU) upgraded to Overweight from Equal Weight at Stephens... BlackBerry (BBRY) upgraded to Buy from Hold at BGC Financial.
08:53 EDTHALHalliburton downgraded to Sector Perform from Outperform at Howard Weil
Subscribe for More Information
08:53 EDTBHIBaker Hughes upgraded to Focus List from Outperform at Howard Weil
Subscribe for More Information
December 15, 2014
10:54 EDTHALStocks with call strike movement; TWTR HAL
Subscribe for More Information
December 12, 2014
13:05 EDTBHIBaker Hughes reports U.S. rig count down 27 to 1893
Baker Hughes reported the U.S. rig count is down 27 rigs from last week to 1893, with oil rigs down 29 to 1546, gas rigs up 2 to 346, and miscellaneous rigs unchanged at 1.
11:15 EDTHALStocks with call strike movement; AAL HAL
Subscribe for More Information
December 10, 2014
08:01 EDTHALCapital One to hold a conference
Subscribe for More Information
December 9, 2014
10:23 EDTSLB, HALOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:53 EDTHALHalliburton downgraded to Neutral from Outperform at Macquarie
Subscribe for More Information
05:50 EDTSLBSchlumberger downgraded to Hold from Buy at Jefferies
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use