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Stock Market & Financial Investment News

News Breaks
March 11, 2013
06:15 EDTTOTTotal restarts production at Elgin-Franklin gas fields, Dow Jones says
Total (TOT) said that it has restarted production from the Elgin-Franklin complex of fields in the U.K. North Sea after receiving approval from the offshore safety regulator, reports Down Jones. In a statement, the company said the fields should produce 70,000 barrels of oil equivalent a day while a plan to drill new wells on the field is under consideration. Reference Link
News For TOT From The Last 14 Days
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April 27, 2015
12:00 EDTTOTTotal, Shell delay multibillion-dollar offshore oil projects in Africa, FT says
Following the decline in crude prices, Total (TOT) and Royal Dutch Shell (RDS.A) have decided to delay multibillion-dollar offshore oil projects in west Africa, The Financial Times reports. Total has delayed a final investment on Zinia 2, while Shell has delayed a final investment decision on Nigeria's offshore Bonga South West project. In January, Shell abandoned plans for a $6.5B project with Qatar Petroleum. Reference Link
April 23, 2015
10:00 EDTTOTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: ADTRAN (ADTN) downgraded to Hold from Buy at Needham... Angie's List (ANGI) downgraded to Underperform from Market Perform at Northland... BG Group (BRGYY) downgraded to Hold from Overweight at HSBC... Brink's (BCO) downgraded to Neutral, sees 'imminent' downside risk, says Macquarie... Citrix (CTXS) downgraded to Hold from Buy at Evercore ISI... Cognex (CGNX) downgraded to Perform from Outperform at Oppenheimer... Cytec Industries (CYT) downgraded to Equal-Weight from Overweight at First Analysis... Enbridge (ENB) downgraded to Neutral from Outperform at Credit Suisse... Ensco (ESV) downgraded to Underweight from Equal Weight at Morgan Stanley... F5 Networks (FFIV) downgraded to Neutral from Buy at MKM Partners... Fulton Financial (FULT) downgraded to Market Perform from Outperform at Keefe Bruyette... Halcon Resources (HK) downgraded to Neutral from Outperform at Baird... Heartland Express (HTLD) downgraded on limited earnings growth at Raymond James... Informatica (INFA) downgraded to Market Perform from Outperform at JMP Securities... Knight Transportation (KNX) downgraded to Outperform from Strong Buy at Raymond James... LegacyTexas Financial (LTXB) downgraded to Outperform from Strong Buy at Raymond James... Masco (MAS) downgraded to Neutral from Buy at Citigroup... MobileIron (MOBL) downgraded to Equal Weight from Overweight at Morgan Stanley... Noble Corp. (NE) downgraded to Underweight from Equal Weight at Morgan Stanley... Omnicare (OCR) downgraded to Neutral from Outperform at Credit Suisse... Owens Corning (OC) downgraded to Sell from Neutral at Citigroup... Qualcomm (QCOM) downgraded to Neutral from Outperform at Exane BNP Paribas... RAM Energy (RAME) downgraded to Neutral from Outperform at Baird... Repsol (REPYY) downgraded to Reduce from Hold at HSBC... Stillwater Mining (SWC) downgraded on lack of catalysts at BB&T... Texas Capital (TCBI) downgraded to Outperform from Strong Buy at Raymond James... Texas Instruments (TXN) downgraded to Neutral from Buy at BofA/Merrill... Total (TOT) downgraded to Hold from Buy at Deutsche Bank... Transocean (RIG) downgraded to Underweight from Equal Weight at Morgan Stanley.
05:29 EDTTOTTotal downgraded to Hold from Buy at Deutsche Bank
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April 21, 2015
12:59 EDTTOTExxon Mobil CEO sees continued pressure on oil prices, WSJ says
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10:00 EDTTOTOn The Fly: Analyst Upgrade Summary
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06:07 EDTTOTTotal upgraded to Outperform from Neutral at Credit Suisse
April 17, 2015
08:29 EDTTOTU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies 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). Reference Link
06:12 EDTTOTTotal plans to upgrade Donges, Le Mede refineries
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April 14, 2015
06:40 EDTTOTU.S. shale forecast, Yemen fighting lift oil prices, Reuters says
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