Visa gained over 14% during the week on news that “the Federal Reserve would increase its proposed cap on interchange fees charged to by large banks to merchants to process debit card…
News that a drought in west Texas could undermine oil and gas production hit Halliburton, Anadarko, and KBR. Bank of New York Mellon was hit by negative coverage of a problem of…
Late Wednesday night, natural gas prices inexplicably dropped by about 8% on the NYMEX, well after the exchange had closed for the day. It took only a few seconds for the price…
Halliburton coverage moved negative after courts approved a class action suit by shareholders. GE and Capital One were hurt because of plans to buy ING Direct. An Airbus move to increase competition…
S&P 500 WEEK TOP 10 (20 MAY – 26 MAY) Ticker Weekly Price Change (%) Close Price 26May11 Close Price 20May11 Market Cap ($Mil) Tiffany & Co. TIF 9.8 76.04 69.24 9694.0…
courtesy of BP plcBad weather in North America and Australia, political unrest in the Middle East and North Africa, and a slow return to drilling in the US Gulf of Mexico have…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abbott Laboratories (NYSE: ABT) Maintained Hold but cut estimates at Argus.…
Oil field services firm Halliburton Co. (NYSE: HAL) reported EPS of $0.61 for its first quarter, more than double its profit in the same period a year ago. Revenue reached $5.3 billion,…
Next week may be short because of a holiday, but it is going to be a very busy week for earnings. We have tried to narrow the field down to the very…
Jon OggThese are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Abercrombie & Fitch Co. (NYSE: ANF) Started as Overweight at Barclays; Cut to…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. ARM Holdings plc (NASDAQ: ARMH) Raised to Neutral at BofA/ML. CBOE…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Advanced Energy Industries, Inc. (NASDAQ: AEIS) Raised to Buy and $19…
The land rush to acquire and develop shale gas deposits remains as competitive as ever. But the way that the gas is extracted threatens to put a crimp in development of shale…
Ever since 2005, when its offer to buy Unocal was withdrawn following cries of political rage, Cnooc Ltd. (NYSE: CEO) and other Chinese oil companies kept a low profile on acquisitions, particularly…
With crude oil prices hovering around $90/barrel, exploration and production companies are expected to increase their spending in 2011 by about 11%, for a total of about $490 billion. Oil field services…
