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Posts related to ‘SII’

Exxon & XTO Merger Approved: Energy Mergers Galore Coming? (XOM, XTO, BJS, BHI, SLB, SII)

Posted: March 16, 2010 at 2:05 pm

When Exxon Mobil Corp. (NYSE: XOM) announced that it was going to acquire XTO Energy Inc. (NYSE: XTO)for  $31 billion in an all-stock transaction ($41 billion after debt assumption; with ...
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Media Digest 2/22/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: February 22, 2010 at 3:46 am

Reuters:   Obama plans to pressure health insurance prices as part of new reforms. Reuters:   A Toyota (TM) memo shows the company worked to keep the costs of one ...
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A Flood Of Energy M&A: Schlumberger Buys Smith For $11 Billon

Posted: February 21, 2010 at 1:43 pm

The acquisition by Schlumberger Ltd. (SLB) of competitor Smith International Inc. (SII) for $11 billion could be another sign that mergers and acquisitions in the energy sector will pick ...
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Underwriting Syndicate Bonanza Continues (FTNT, AWK, BZ, LFT, SII)

Posted: November 18, 2009 at 10:01 am

This morning we have a syndicate bonanza with a very solid IPO pricing and many secondary offerings getting priced.  Fortinet, Inc. (NASDAQ: FTNT) priced 12.5 million shares in IPO at ...
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Top Analyst Downgrades (AIG, ALL, BBY, CLX, ERTS, ITT, NWS, SII, TYX, VIP)

Posted: September 11, 2009 at 8:06 am

These are this Friday morning's top analyst downgrades and cautious research calls from Wall Street: American International Group (NYSE: AIG) Cut to Underperform at Wells Fargo. Allstate (NYSE:ALL) Cut to ...
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Trouble Continues in Oilfield Services (SII, HAL, WFT, SLB)

Posted: April 27, 2009 at 8:38 am

Well drilling and completion services just aren't paying off for anyone this reporting season. Smith International Inc. (NYSE:SII) reported diluted EPS of $0.44 on revenues $2.41 billion. After deleting a ...
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Smith International Sinks on (SII, SLB, HAL, BHI, WFT)

Posted: January 30, 2009 at 12:43 pm

Smith International, Inc. (NYSE:SII) led the parade of oil field services stocks downhill yesterday. Smith opened Thursday more than $1.50/share lower than Wednesday's close and finished the day even lower. ...
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Top Pre-Market Analyst Downgrades (AINV, BHI, CNI, RDEN, KSU, PALM, RL, RRGB, SII, TER)

Posted: January 20, 2009 at 7:51 am

These are some of the top pre-market analyst downgrades on Wall Street this Tuesday morning:Apollo Investment (AINV) Cut to Neutral at JPMorgan.Baker Hughes (BHI) Cut to Underweight at Morgan Stanley.Canadian ...
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Analysts Downgrading Oil Patch (NOV, PDE, REP, SII, STO, SU, RIG)

Posted: January 14, 2009 at 7:56 am

It is probably no huge shock that downgrades are coming more than upgrades now that oil has come down so much.  Too bad these were not the calls several months ...
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Smith International, Good Enough (SII)

Posted: October 28, 2008 at 8:18 am

Oil field services company Smith International (NYSE:SII) reported third quarter earnings before the market opened this morning. EPS reached $1.00 on revenues of $2.85 billion. Analysts were expecting EPS of ...
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Smith International Files To Raise Capital (SII)

Posted: September 23, 2008 at 2:28 pm

Smith International, Inc. (NYSE: SII) has just filed a mixed securities shelf registration statement.  This will allow the oil and gas services company to sell debt, common stock, and units ...
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Oil Services Better Insulated Than Most Energy Sub-Sectors (RIG, DVR, PDS, WFT, NOV, BJS, BHI, BAS, HAL, SLB, SII)

Posted: August 20, 2008 at 11:17 am

Oil 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 ...
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Trouble Brewing in Oil Patch Merger? (SII, WHQ)

Posted: August 8, 2008 at 9:35 am

On June 3, 2008, Smith International (NYSE:SII) and W-H Energy Services (NYSE:WHQ) entered into a definitive merger agreement that would have Smith paying $56.10 in cash and 0.48 common share ...
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Oil Patch Results Seeing Very Mixed Reviews (SU, EPD, ECA, SII)

Posted: July 24, 2008 at 11:35 am

Before today's opening bell, four players in the oil patch released their second quarter numbers. Suncor (NYSE:SU), Enterprise Products Partners (NYSE:EPD), EnCana (NYSE:ECA), and Smith International (NYSE:SII) all posted good ...
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Upgrades & Downgrades in Oil & Gas (BHI, SII, HAL, NOV, SLB, WFT, BJS, SE, TTES, NBF)

Posted: July 1, 2008 at 7:38 am

These are some of the top analyst calls in oil and gas stocks we have seen in the early hours of trading this Tuesday morning.Citigroup picked up new coverage on ...
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