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Stock Market & Financial Investment News

News Breaks
February 1, 2012
22:26 EDTHAL, WFT, BHI, SLB
theflyonthewall.com: Weatherford International should continue generating big returns, Barron's says
Weatherford (WFT) is poised to generate greater earnings growth than its larger rivals Schlumberger (SLB), Baker Hughes (BHI) and Halliburton (HAL). Rising oil prices and increased spending on exploration and production will mean big rewards for companies, like Weatherford, that provide the services and equipment needed to pull oil out of the ground. Analysts see the company settling its federal bribery case for between $200M-$300M. Meanwhile, CEO Bernard J. Duroc-Danner is focused on improving the company's capital management and cash flow. Barron's contends that the shares could return another 35% over the next 12 months. Reference Link :theflyonthewall.com



News For WFT;SLB;BHI;HAL From The Last 14 Days
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May 25, 2012
13:03 EDTBHI
theflyonthewall.com: Baker Hughes reports U.S. rig count down 3 rigs from last week at 1983

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May 24, 2012
10:29 EDTBHI
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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06:47 EDTBHI
theflyonthewall.com: Baker Hughes downgraded to Hold from Buy at Societe Generale
Societe Genarale downgraded Baker Hughes based on recent outperformance and weak North American margin erosion in its pressure pumping operations. Price target lowered to $47 from $53. :theflyonthewall.com

May 23, 2012
07:35 EDTBHI
theflyonthewall.com: UBS to host a conference

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May 22, 2012
10:54 EDTHAL
theflyonthewall.com: Transocean CFO sees more Deepwater indictments, WSJ reports
Transocean's (RIG) interim Chief Financial Officer Greg Cauthen said he fully expects "that ourselves and BP (BP) and Halliburton (HAL) and other employees will be indicted" in relation to the U.S. Department of Justice's criminal investigation on the Deepwater Horizon incident, according to The Wall Street Journal, quoting Cauthen's comments during an investor event. Cauthen added that Transocean is prepared to defend itself in court though it's also open to a fair settlement. Reference Link :theflyonthewall.com
07:37 EDTHAL
theflyonthewall.com: UBS to host a conference

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07:24 EDTBHI
theflyonthewall.com: Baker Hughes downgraded to Underperform from Outperform at CLSA

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May 21, 2012
07:15 EDTHAL
theflyonthewall.com: UBS to host a conference
Global Oil and Gas Conference is being held in Austin, Texas on May 21-24 beginning with a networking dinner on May 21 at 6:30 pm followed by company presentations on May 22-24. :theflyonthewall.com

May 18, 2012
13:26 EDTBHI
theflyonthewall.com: Baker Hughes reports U.S. rig count up 12 from last week to 1986
Baker Hughes said the U.S. rig count rose 12 rigs from last week at 1986, with oil rigs up 10 at 1382 and gas rigs up 2 at 600. U.S. rig count is up 156 rigs from last year at 1830, with oil rigs up 428 and gas rigs down 266. :theflyonthewall.com

May 17, 2012
00:23 EDTSLB
theflyonthewall.com: Jim Cramer's "Mad Money"

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May 16, 2012
10:33 EDTBHI
theflyonthewall.com: On The Fly: Analyst Downgrade Summary

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10:33 EDTWFT
theflyonthewall.com: On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Akamai (AKAM) upgraded to Neutral from Sell at Citigroup... Cisco (CSCO) upgraded to Overweight from Equal Weight at Barclays... Fossil (FOSL) upgraded to Buy from Neutral at Citigroup... Hollysys Automation (HOLI) upgraded to Buy from Neutral at Roth Capital... PepsiCo (PEP) upgraded to Outperform from Underperform at CLSA... Rowan Companies (RDC) upgraded to Outperform from Neutral at Macquarie... SandRidge Energy (SD) upgraded to Hold from Sell at Canaccord... Seadrill (SDRL) upgraded to Buy from Neutral at Citigroup... Simpson Manufacturing (SSD) upgraded to Neutral from Underperform at RW Baird... TE Connectivity (TE) upgraded to Outperform from Neutral at Macquarie... Weatherford (WFT) upgraded to Overweight from Neutral at JPMorgan... Dunkin' Brands (DNKN) upgraded to Buy from Hold at Argus... Total (TOT) upgraded to Equal Weight from Underweight at Morgan Stanley. :theflyonthewall.com
06:29 EDTBHI
theflyonthewall.com: Baker Hughes downgraded to Neutral from Overweight at JPMorgan

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06:29 EDTWFT
theflyonthewall.com: Weatherford upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Weatherford citing strength in the artificial lift market. Price target is $19. :theflyonthewall.com

May 14, 2012
07:36 EDTSLB, HAL
theflyonthewall.com: Hart Energy to host a conference

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