New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For WFT;HAL;GE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | all recent news | >>
October 24, 2014
10:03 EDTWFT, HALOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Align Technology (ALGN) upgraded to Buy from Hold at Jefferies... Brandywine Realty (BDN) upgraded to Buy from Hold at Stifel... Buffalo Wild Wings (BWLD) upgraded to Buy from Hold at Feltl... Carpenter Technology (CRS) upgraded to Overweight from Neutral at JPMorgan... Check Point (CHKP) upgraded to Buy from Hold at Needham... Diamond Offshore (DO) upgraded at ISI Group... Digital Realty (DLR) upgraded to Market Perform from Underperform at Cowen... EQT Corporation (EQT) upgraded to Buy from Neutral at SunTrust... Education Realty (EDR) upgraded to Buy from Hold at MLV & Co.... Gigamon (GIMO) upgraded to Neutral from Underperform at BofA/Merrill... Halliburton (HAL) upgraded to Buy from Neutral at Citigroup... Invacare (IVC) upgraded at KeyBanc... Knight Transportation (KNX) upgraded to Neutral from Underperform at Credit Suisse... Logitech (LOGI) upgraded to Buy from Neutral at UBS... Lorillard (LO) upgraded to Market Perform from Underperform at Cowen... Maxim Integrated (MXIM) upgraded to Buy from Hold at Deutsche Bank... NCR Corp. (NCR) upgraded to Neutral from Sell at Goldman... Nabors Industries (NBR) upgraded to Buy from Hold at Argus... Nucor (NUE) upgraded to Outperform from Underperform at CLSA... Old National Bancorp (ONB) upgraded to Buy from Neutral at DA Davidson... Plexus (PLXS) upgraded to Outperform from Market Perform at Raymond James... Potash (POT) upgraded to Buy from Hold at TD Securities... Reliance Steel (RS) upgraded to Buy from Hold at Jefferies... ResMed (RMD) upgraded to Outperform from Market Perform at William Blair... Royal Dutch Shell (RDS.A) upgraded to Buy from Neutral at UBS... Swift Transport (SWFT) upgraded to Buy from Hold at Stifel... Vulcan Materials (VMC) upgraded to Overweight from Equal Weight at Stephens... Weatherford (WFT) upgraded to Buy from Neutral at Citigroup.
07:45 EDTWFTWeatherford price target lowered to $25 from $30 at UBS
UBS lowered its price target on Weatherford to $25 from $30 following its Q3 results. The firm noted the company's progress since last year but said they missed on the important free cash flow estimates. UBS new price target reflects a contraction of the stock's multiple given uncertain market conditions, but they maintain their Buy rating on Weatherford shares.
07:23 EDTHALHalliburton feels BP spill trial proposal should be declined, Bloomberg says
Subscribe for More Information
07:09 EDTWFTWeatherford upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
07:08 EDTHALHalliburton upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Halliburton to Buy saying the company's opportunity for share gains in North America is not reflected in the stock price. Citi raised its price target for shares to $68 from 56.
06:42 EDTHALHalliburton upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
06:42 EDTWFTWeatherford upgraded to Buy from Neutral at Citigroup
Subscribe for More Information
06:38 EDTGEEU sets emissions, renewable energy targets, NY Times says
Subscribe for More Information
October 23, 2014
09:07 EDTWFTWeatherford expects FY15 to be as constructive as FY14.
Subscribe for More Information
08:53 EDTWFTWeatherford says lower Q4 EPS view partly due to Russia impact
Subscribe for More Information
08:43 EDTWFTWeatherford sees Q4 EPS 37c-40c, consensus 38c
Subscribe for More Information
October 22, 2014
19:41 EDTWFTWeatherford expects to reduce net debt to $7B-$7.5B by year end
Subscribe for More Information
19:35 EDTWFTWeatherford reports Q3 EPS 32c, consensus 33c
Subscribe for More Information
08:39 EDTGESiemens sees catching up with rivals on sales growth in 2018, Reuters reports
Subscribe for More Information
October 21, 2014
12:06 EDTHALStocks with call strike movement; HAL EOG
Halliburton (HAL) January 60 call option implied volatility decreased 8% to 60, EOG Resources (EOG) January 105 call option implied volatility decreased 4% to 31 according to IVolatility.
10:00 EDTHALOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:15 EDTHALHalliburton upgraded to Buy from Neutral at Guggenheim
Subscribe for More Information
October 20, 2014
14:02 EDTGEGeneral Electric wins avionics, power systems for Gulfstream's G500/G600
Subscribe for More Information
09:22 EDTHALOn The Fly: Pre-market Movers
Subscribe for More Information
09:22 EDTHALHalliburton sees Q4 North American revenue and margins flat to modestly higher
09:21 EDTHALHalliburton expects dividend to be be equal to at least 15%-20% of net income
Subscribe for More Information
09:15 EDTHALHalliburton: We do not see momentum slowing anytime soon
Halliburton should begin to see impact of new contract pricing as company moves into 2015. Experienced some disruptions in early Q3 due to sand deliveries and nearly missed jobs, but company said it has taken actions to "get ahead of this issue going forward." Says Eastern Hemisphere activity expanding at a steady rate, expects to deliver double digit revenue growth in 2014. Expects Q4 in Eastern Hemisphere to be strongest quarter of the year due to seasonality. Looking ahead to 2015, rate of growth in Eastern Hemisphere may moderate due geopolitical issues. Expects to outpace peers in revenue growth. Expects to be at full operational capacity in Mexico, and excited about energy reform in Mexico. Expects to operate under more profitable contract in Q1 for Brazil. Expects a "much stronger 2015" with potential in the coming years. In the long term, believes lower oil prices is not sustainable, with supply and demand to be back in balance in a relatively short amount of time. Comments taken from Q3 earnings conference call.
08:10 EDTGEGE Capital unit provides $45M credit facility to Bennett Hospitality
Subscribe for More Information
08:09 EDTGEGE Capital is administrative agent on $50M financing for Bird Electric
Subscribe for More Information
07:28 EDTGEGeneral Electric recent weakness a buying opportunity, says Argus
Argus said General Electric's price weakness offers a buying opportunity given strong new order trends, growing backlog of booked business, and reduced exposure to the financial services industry. Shares are Buy rated with a $31 price target.
07:03 EDTHALHalliburton reports Q3 C&P revenue $5.4B, D&E revenue $3.3B
Subscribe for More Information
07:02 EDTHALHalliburton reports Q3 EPS ex-items $1.19, consensus $1.10
Subscribe for More Information
06:55 EDTHALHalliburton board increases quarterly dividend by 20% to 18c
Subscribe for More Information
05:38 EDTGEAres Management, GE Capital announce EUR 1B in commitments through ESSLP JV
Subscribe for More Information
October 17, 2014
16:17 EDTGEOn The Fly: Closing Wrap
Subscribe for More Information
12:52 EDTGEOn The Fly: Midday Wrap
Stocks on Wall Street were sharply higher at midday, as the averages bounce back following steep declines in several recent sessions. Better than expected earnings from General Electric (GE) and Morgan Stanley (MS), a rebound in European stock markets and a stronger than expected reading on U.S. consumer confidence may all be contributing to the brightened mood evidenced by today's trading. ECONOMIC EVENTS: In the U.S., housing starts rebounded 6.3% to a 1.017M pace in September, beating expectations for a monthly increase of 4.6%. Building permits increased 1.5% to a 1.018M rate, which was below the expected 2.3% rise. The first release on the University of Michigan's consumer sentiment index for October came in at 86.4, versus expectations for a decline to 84.0 from the prior 84.6 reading. COMPANY NEWS: General Electric shares rose over 3% after the company reported better than expected third quarter profit and nearly in-line revenues. Morgan Stanley, whose quarterly results also topped Street expectations, advanced 2.5%. MAJOR MOVERS: Among the notable gainers was Westmoreland Coal (WLB), which gained 23% after it stuck a deal to acquire Oxford GP, the general partner of Oxford Resource Partners (OXF), and contribute certain royalty bearing coal reserves to Oxford in return for Oxford common units. Afterward, Brean Capital raised its price target on Westmoreland to $60, noting the announcement represents an entry into the MLP space. Also higher were shares of Textron (TXT), which advanced 11% after the aircraft and defense company reported better than expected third quarter earnings per share and raised its profit outlook for fiscal 2014. Among the noteworthy losers was Urban Outfitters (URBN), which dropped 13% and was downgraded by at least three Street research firms after the owner of Anthropologie and its namesake clothing stores warned that its Q3 earnings may be negatively impacted by continued weakness in its comparable retail sales. Also lower was Myriad Genetics (MYGN), which fell 7% after guiding to lower than expected Q1 adjusted earnings, citing a higher than expected increase in costs to perform its myRisk Hereditary Cancer test following the test's national launch. INDEXES: Near midday, the Dow was up 295.34, or 1.83%, to 16,412.58, the Nasdaq was up 62.43, or 1.48%, to 4,279.82, and the S&P 500 was up 29.48, or 1.58%, to 1,892.24.
10:39 EDTGEGeneral Electric rises after results, but faces technical headwinds
The shares are up over 3.4% to $25.07 following results from the company. With the stock trading close to its 52-week low at $23.69, the shares still face major technical headwinds. At current price the stock remains under low-sloping 2-year uptrend line. It would take a move above $26.50 to put shares back on a long-term bullish path. Support is at $24.46.
09:20 EDTGEGeneral Electric says Alstom deal progressing on schedule
Subscribe for More Information
09:17 EDTGEOn The Fly: Pre-market Movers
Subscribe for More Information
09:08 EDTGEGE says U.S. economy 'probably best' its been since financial crisis
Subscribe for More Information
09:05 EDTGEGeneral Electric see GE Capital Q4 earnings about $1.8B
Subscribe for More Information
08:55 EDTGEGeneral Electric backs view of 300 GENx units shipped for year
Subscribe for More Information
08:54 EDTGEGeneral Electric says Oil & Gas orders volatile, some pushed out
Subscribe for More Information
08:41 EDTGEGeneral Electric reports Q3 orders up 22% to $31.4B, backlog $250B
Subscribe for More Information
08:36 EDTGEGE CEO sees 2014 Industrial organic growth at high-end of framework
General Electric Chairman and CEO Jeff Immelt speaking on the company's Q3 earnings conference call.
07:15 EDTGEGE repeats view for FY14 revenue flat to up 5%, consensus $148.89B
Subscribe for More Information
06:37 EDTGEGeneral Electric on track to close sale of GE Money Bank in Q4
Subscribe for More Information
06:36 EDTGEGeneral Electric on track to meet goal or $1B in structural cost-out for year
Subscribe for More Information
06:36 EDTGEGeneral Electric targets complete exit from Synchrony Financial in late 2015
Subscribe for More Information
06:35 EDTGEGeneral Electric reports Q3 industrial segment growth of 9% to $4.3B
Subscribe for More Information
06:34 EDTGEGeneral Electric reports Q3 EPS 38c, consensus 37c
Subscribe for More Information
October 16, 2014
15:52 EDTGEGeneral Electric October 24 straddle priced for 2.8% move into Q3
Subscribe for More Information
15:26 EDTGENotable companies reporting before tomorrow's open
Subscribe for More Information
14:18 EDTGEEarnings Preview: Analyst sentiment positive ahead of GE's Q3 report
Subscribe for More Information
06:44 EDTGEWatchdog sees new suitor as best option for Bank BPH, Reuters says
Subscribe for More Information
October 15, 2014
12:30 EDTGEGE exploring options for Bank BHP sale
Subscribe for More Information
11:39 EDTWFT, HALOil services companies rebound after positive notes from analysts
Subscribe for More Information
10:13 EDTGEGeneral Electric October volatility elevated into Q3 and guidance
Subscribe for More Information
10:02 EDTWFT, HALOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Atwood Oceanics (ATW) initiated with a Buy at ISI Group... Baker Hughes (BHI) initiated with a Buy at Citigroup... Basic Energy (BAS) initiated with a Buy at ISI Group... C&J Energy (CJES) initiated with a Buy at ISI Group... CARBO Ceramics (CRR) initiated with a Hold at ISI Group... CHC Group (HELI) initiated with a Buy at ISI Group... Cameron (CAM) initiated with a Buy at ISI Group... Chart Industries (GTLS) initiated with a Buy at ISI Group... Core Laboratories (CLB) initiated with a Buy at ISI Group... Diamond Offshore (DO) initiated with a Sell at ISI Group... Dresser-Rand (DRC) initiated with a Sell at ISI Group... Dril-Quip (DRQ) initiated with a Buy at ISI Group... Ensco (ESV) initiated with a Buy at ISI Group... FIS (FIS) initiated with a Market Perform at BMO Capital... FMC Technologies (FTI) initiated with a Buy at ISI Group... GoPro (GPRO) initiated with a Sector Perform at Pacific Crest... Halliburton (HAL) initiated with a Buy at ISI Group... Helmerich & Payne (HP) initiated with a Neutral at Citigroup... Hercules Offshore (HERO) initiated with a Sell at ISI Group... Key Energy (KEG) initiated with a Buy at ISI Group... Maxwell (MXWL) reinstated with a Buy at Canaccord... Nabors Industries (NBR) initiated with a Buy at ISI Group... Noble Corp. (NE) initiated with a Buy at ISI Group... Oceaneering (OII) initiated with a Buy at ISI Group... Paragon Offshore (PGN) initiated with a Buy at ISI Group... Parker Drilling (PKD) initiated with a Buy at ISI Group... Patterson-UTI (PTEN) initiated with a Buy at Citigroup... Peabody (BTU) initiated with an Underperform at Imperial Capital... RPC, Inc. (RES) initiated with a Buy at Citigroup... Receptos (RCPT) initiated with a Buy at Goldman... Rowan Companies (RDC) initiated with a Buy at ISI Group... Schlumberger (SLB) initiated with a Buy at ISI Group... Sensata (ST) resumed with a Buy at Citigroup... Tidewater (TDW) initiated with a Hold at ISI Group... Transocean (RIG) initiated with a Sell at ISI Group... Weatherford (WFT) initiated with a Buy at ISI Group.
10:02 EDTHALOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:03 EDTGEGE unit arranges $200M senior debt facility
Subscribe for More Information
07:48 EDTHALHalliburton upgraded to Overweight from Equal Weight at Morgan Stanley
Subscribe for More Information
07:11 EDTWFTWeatherford initiated with a Buy at ISI Group
Target $29.
07:11 EDTHALHalliburton initiated with a Buy at ISI Group
Target $97.
06:32 EDTHAL, WFTCiti rolls out Oil Services coverage, recommends two pair trades
Subscribe for More Information
06:11 EDTWFTWeatherford initiated with a Neutral at Citigroup
Subscribe for More Information
06:08 EDTHALHalliburton initiated with a Neutral at Citigroup
Target $56.
October 14, 2014
09:46 EDTGEGE signs contract with ENKA to supply power generation equipment in Iraq
GE has signed a contract with ENKA to supply power generation equipment for a new 750-megawatt combined-cycle plant being developed by Qaiwan Group in Iraq. GE will provide four 9E gas turbines and one steam turbine for a new power plant in Sulaimaniyah to support the governmentís goal of strengthening the electricity infrastructure in the Kurdistan region. Through its regional partnerships, GEís turbines support more than 90% of the electricity generated in the Kurdistan region, supplying nearly 20 hours of electricity a day. The Erbil, Sulaiymaniyah and Dohuk plants, powered by 24 GE 9E gas turbines, produce more than 3,000 MW, the equivalent to the required annual energy needs of approximately 3 million households in Iraq. The Bazyan plant will help deliver power to an additional 750,000 households.
October 13, 2014
09:02 EDTGEGE receives order from BAE Systems for 3U VPX rugged systems
GEís Intelligent Platforms business (GE) announced at AUSA that it had received a $2.6M order from BAE Systems Platforms and Services (BAESY) for a quantity of its latest generation 3U VPX COTS Rugged Systems that deliver an advanced HPEC capability. The COTS Rugged Systems will be deployed as part of the US Armyís CETU which sees in-vehicle training and simulation incorporated into the Bradley Fighting Vehicle.
09:01 EDTGEGE Capital Aviation to acquire Milestone Aviation for $1.775B
GE Capital Aviation Services, the aircraft leasing unit of GE, announced the signing of an agreement to acquire Milestone Aviation Group, the Dublin-based helicopter lessor, for $1.775B. The acquisition is in line with GE Capitalís strategic plan of growing and enhancing value in core areas aligned with GEís industrial domains including energy, aviation, oil & gas and healthcare, while reducing the overall size of GE Capital through the disposition of non-strategic assets such as the recently executed IPO and planned split-off of our North American Retail Finance business and the sale of our consumer banks in the Nordics. The transaction remains subject to customary closing conditions, including regulatory approvals, and is targeted to close in 2015. Richard T. Santulli, chairman and CEO, Milestone Aviation Group, will serve as chairman of the helicopter leasing business and will become an officer of GE.
October 12, 2014
17:41 EDTGEGeneral Electric could return 25%, Barron's says
Subscribe for More Information
17:20 EDTGEGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
Subscribe for More Information
October 10, 2014
18:05 EDTGEGeneral Electric negotiating deal to buy Milestone Aviation, WSJ reports
General Electric's finance unit is negotiating a deal to acquire Milestone Aviation Group, and the purchase price could be more than $2.5B, The Wall Street Journal reports, citing people familiar with the matter. Reference Link
10:01 EDTHAL, WFTOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:25 EDTGEGE CEO to continue shedding divisions in FY15, Bloomberg says
Subscribe for More Information
07:21 EDTGEGE expects data division to exceed $1B in sales this year, Reuters says
GE CEO Jeff Immelt said that the company was en route to gross over $1B in sales from its industrial data-analysis division in FY14, and is looking to broaden the availability of its software platform in FY15, according to Reuters, citing comments from Immelt. Reference Link
05:53 EDTWFTWeatherford upgraded to Buy from Hold at Societe Generale
Societe Generale upgraded Weatherford to Buy with a $24 price target.
05:53 EDTHALHalliburton upgraded to Buy from Hold at Societe Generale
Societe Generale upgraded Halliburton to Buy with a $75 price target.
<< 1 | 2 | 3 | 4 | all recent news | >>

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