Posts for Ticker ‘DVR’

Secondaries Keep Flooding In (DVR, FSP, HBAN, MWA, NMM, HEAT, SAH, SXCI, VVUS, BRKR)

Money Stack ImageYou know the market is still strong when secondary floodgates open up and are so well received that so many deals are seeing increased offerings.  Some of the deals we have seen this morning alone are Cal Dive International Inc. (NYSE: DVR), Franklin Street Properties Corp. (NYSE: FSP), Huntington Bancshares Incorporated (NASDAQ: HBAN), Mueller Water Products, Inc. (NYSE: MWA), Navios Maritime Partners L.P. (NYSE: NMM), SmartHeat Inc. (NASDAQ: HEAT), Sonic Automotive Corp. (NYSE: SAH), SXC Health Solutions (NASDAQ: SXCI), and VIVUS Inc. (NASDAQ: VVUS).  Of the deals that priced today, the total came to more than $1.4 billion.  We have also seen a new filing out of Bruker Corporation (NASDAQ: BRKR) for selling family members not tied to the business.  Full details and some added color on each deal are provided below.
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Posted on: September 18, 2009 – 9:58 am in Banking, Brokerage Firms, Secondary Offering, , , , , , , , , ,

Top Day Trader Alerts (ARNA, VVUS, DVR, HLX, ETFC, SCHW, PALM)

These are this Friday morning’s top day trader and active trader alert stocks with moves on unusual volume.  We have also provided more details on price and volume analysis with links through to each stock at VSInvestor.com:

Arena Pharmaceuticals, Inc. (NASDAQ: ARNA) had good news but is trading lower as VIVUS Inc. (NASDAQ: VVUS) looks better.

Cal Dive International Inc. (NYSE: DVR) is trading 3% lower on a seondary offering of shares that is being sold by Helix Energy Solutions Group, Inc. (NYSE: HLX).

E*TRADE Financial Corporation (NASDAQ: ETFC) is trading up sharply at the expense of Charles Schwab (NASDAQ: SCHW) after a Goldman Sachs analyst call.

Mueller Water Products (NYSE: MWA) is actually trading up after its secondary offering size was increased on strong demand from a large underwriting group.

Palm Inc. (NASDAQ: PALM) is trading down marginally, but is seems like its direction is not clear yet.  We have more details on levels to watch for support and resistance.

You can join our open email distribution list which goes out several times per week for top day trader alerts, analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

Jon C. Ogg
September 18, 2009

Posted on: September 18, 2009 – 8:55 am in After-Hours Activity, Pre-Market Activity, Trading Alert, , , , , , ,

The Worst Looks Over At Cal Dive (DVR)

Oil_rig_offshore_atpg_imageOffshore driller Cal Dive International Inc. (NYSE:DVR) reported third quarter earnings after markets closed yesterday. The company announced EPS of $0.44 on revenue of $278.7 million. Analysts had been expecting EPS of $0.36 and revenue of $258.35 million. Even better, the company’s backlog rose to a record $506 million on the heels of Hurricanes Gustav and Ike.

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Posted on: October 30, 2008 – 9:38 am in Earnings, Oil & Gas,

Oil Services Better Insulated Than Most Energy Sub-Sectors (RIG, DVR, PDS, WFT, NOV, BJS, BHI, BAS, HAL, SLB, SII)

Oil_well_logo_2_2Oil Services are deemed by many market pundits as being more insulated than integrated oils, refiners, and other sub-sectors of the energy sector for oil and gas.  While these frequently move in-line with oil prices and with the sector, they are expected to have much more stable earnings than counterparts elsewhere in the sector.  Many of the oilfield services shares are down nearly 20% or more along with a major drop in oil prices. Transocean’s shares are holding at less than 1% down from 52-week highs, probably on the strength of the company’s bookings.

Transocean Inc. (NYSE: RIG) has given back nearly one-quarter of its value from its highs.  The worst performer among the larger players was CalDive (NYSE:DVR), down 43% from its 52-week high. Precision Drilling Trust (NYSE:PDS) is down about 30%, Weatherford (NYSE:WFT) is off about 27%, and National Oilwell Varco (NYSE:NOV) and BJ Services (NYSE:BJS) are down about 25%. A host of others are off around 20%: Baker Hughes (NYSE:BHI) at 22%; Basic Services (NYSE:BAS) at 21%; Halliburton (NYSE:HAL) at 20%; and Schlumberger (NYSE:SLB) and Smith International (NYSE:SII) are off about 19%.

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Posted on: August 20, 2008 – 11:17 am in Oil & Gas, , , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (DVR, GHDX, KLAC, KR, LCAPA, LOW, NOK, PBT, TMA, UBS)

Below are the top calls that 247WallSt.com is focusing on in pre-market trading this Wednesday:

  • Cal Dive International (NYSE: DVR) Raised To Overweight at JP Morgan.
  • Genomic Health (NASDAQ: GHDX) Cut To Neutral at JP Morgan.
  • KLA-Tencor (NASDAQ: KLAC) cut to Underperform at Oppenheimer.
  • Kroger (NYSE: KR) cut to Underweight at at JPMorgan.
  • Liberty Capital (NASDAQ: LCAPA) cut to Hold at Deutsche Bank.
  • Lowe’s (NYSE: LOW) cut to Underperform at Morgan Keegan.
  • Nokia (NYSE: NOK) raised to Outperform at Oppenheimer.
  • Permian Basin (NYSE: PBT) cut to Hold at Citigroup.
  • Thornburg Mortgage (NYSE: TMA) Raised to Peer Perform at Bear Stearns.
  • UBS (NYSE: UBS) cut to Underperform at KBW.

Jon C. Ogg
March 12, 2008

Posted on: March 12, 2008 – 6:51 am in Analyst Calls, , , , , , , , , ,

Top Oil & Gas Analyst Calls (December 18, 2007)

These are the top analyst research noted that 247WallSt.com has seen in the oil, gas, and energy sector early this morning:

  • Approach Resources (AREX) started as Overweight at J.P.Morgan.
  • Atwood Oceanics (ATW) raised to Buy at Banc of America.
  • Cal Drive (DVR) started as Buy at Banc of America.
  • Diamond Offshore (DO) started as Buy at Banc of America.
  • Ensco (ESV) started as Neutral at Banc of America.
  • Grant Prideco (GRP) downgraded to Hold at Citigroup.
  • Gulfmark Offshore (GLF) raised to Buy at Banc of America.
  • Hornbeck Offshore (HOS) started as Buy at Banc of America.
  • Noble Energy (NE) started as Buy at Banc of America.
  • Occidental Petroleum (OXY) raised to Market Perform at FBR.
  • Pride International (PDE) started as neutral at Banc of America.
  • Transocean (RIG) started as Buy at Banc of America; Jim Cramer also noted this one as being one of his top 5-year stocks with earnings visibility.

Jon C. Ogg
December 18, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he produces the SPECIAL SITUATION newsletter and he does not own securities in the companies he covers.

Posted on: December 18, 2007 – 8:05 am in Analyst Calls, Oil & Gas, , , , , , , , , , , ,