Frank Golhen, via Wikimedia CommonsOne natural inclination for investors during bull market runs is to avoid stocks that have been the largest percentage gainers. The logic is that they will be the…
U.S. equity markets opened higher this morning but worries about a resolution to the banking crisis in Cyprus soon took over and pushed shares down. In other parts of Europe, Spain’s bad…
courtesy of BP plcNearly three years after the explosion and sinking of an oil rig in the Gulf of Mexico that killed 11 workers and spilled 5 million barrels of oil, a…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apache Corp. (NYSE: APA) cut to Neutral at Macquarie. Bank of America Corp.…
courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a…
ThinkstockThe effects of last week’s surprise devaluation of Venezuela’s currency are already hitting some U.S. firms. Colgate-Palmolive Co. (NYSE: CL) said this morning that it will take a $120 million one-time charge…
ThinkstockIn the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to tally gains…
U.S. equity markets opened higher this morning before dipping following the report on new home sales in the U.S. Stocks regained positive momentum during most of the remaining session. In Europe, Germany’s…
ThinkstockIt is becoming increasingly apparent that Wall St. is keeping a sharp eye on companies in the oil service sector. As we reported earlier this week Deutsche Bank A.G. (NYSE: DB) upgraded…
ThinkstockHalliburton Co. (NYSE: HAL) reported fourth-quarter and full-year 2012 results before markets opened this morning. For the quarter, the oil and gas services company posted adjusted diluted earnings per share (EPS) of…
Paul Ausick U.S. equity markets opened mixed this morning with the DJIA and the S&P 500 higher, and the Nasdaq lower, dragged down by concern over the earnings of Apple Inc. (NASDAQ: AAPL) (more…
thinkstockDespite reasonably consistent oil prices and an increasingly favorable overall tolerance for risk, the oil service sector had an ugly year in 2012. After a disastrous first half of the year the…
ThinkstockInvestment firm Sterne Agee this morning published its outlook for the oil field services sector, calling for limited upside in North American activity, improvement in international drilling, and a trend toward growth…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research firms this Tuesday. Ameriprise Financial Inc. (NYSE: AMP) cut to Neutral at Credit Suisse. AutoZone…
ThinkstockOil field services company Baker Hughes Inc. (NYSE: BHI) this morning reported that its count of foreign oil and gas drilling rigs fell from 1,267 in November to 1,253 in December. Adding…
