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Earnings Expectations for the Week of October 17
Sunday, October 16, 2011 - 9:36am | 1322The earnings season ramps up this week. Tech giants Apple (NASDAQ: AAPL), Microsoft (NYSE: MSFT), Intel (NASDAQ: INTC) and IBM (NYSE: IBM) are scheduled to share their third-quarter results, as are big banks including Bank of America (NYSE: BAC), Citigroup (NYSE: C), Goldman Sachs (NYSE: GS),...
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Dahlman Rose Comments on Halliburton
Monday, July 18, 2011 - 10:07am | 98Dahlman Rose & Co. has published a report on Halliburton (NYSE: HAL) commenting on the earnings release. In the report, Dahlman wrote, "North American revenues and earnings significantly exceeded our estimates in the quarter, reflecting extremely strong conditions in drilling horizontally for...
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Earnings Expectations for the Week of July 18
Sunday, July 17, 2011 - 9:18am | 1316Earnings season ramps up this week with quarterly reports due from the likes of tech companies such as IBM (NYSE: IBM) and Microsoft (NASDAQ: MSFT), big banks such as Wells Fargo (NYSE: WFC) and Bank of America (NYSE: BAC), and consumer goods giants such as PepsiCo (NYSE: PEP) and Johnson &...
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J.P. Morgan Maintains Overweight on Halliburton
Tuesday, July 5, 2011 - 7:58am | 151J.P. Morgan is out with its report today on Halliburton (NYSE: HAL), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We continue to rate Halliburton Overweight with a $65 Dec-11 price target based on a target multiple of 15x our 2012E EPS estimate, in line with the group target...
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Bank of America Reiterates Buy on Halliburton, Raises PT to $63
Wednesday, June 15, 2011 - 6:57am | 120Bank of America reiterated its Buy rating on Halliburton (NYSE: HAL). At the same time, Bank of America raised its price target on the company's stock from $57 to $63 after increasing its earnings per share estimates for the next two years. In a research report published today, Bank of America...
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UPDATE: Morgan Stanley Upgrades Halliburton to Overweight
Wednesday, May 25, 2011 - 9:27am | 135Morgan Stanley is out with its report today on Halliburton (NYSE: HAL), upgrading HAL to Overweight. In a note to clients, Morgan Stanley writes, "HAL has historically traded at a P/E discount vs. its major peers due to its outsized exposure to NAm (70% of 2011e earnings vs. 52% for its peers),...
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Morgan Stanley Upgrades Halliburton To Overweight, Raises PT To $85
Wednesday, May 25, 2011 - 6:15am | 25Morgan Stanley has upgraded Halliburton (NYSE: HAL) to Overweight and has raised the price target from $66 to $85.
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J.P. Morgan Provides Color on Oil Service and Equipment Sector
Monday, May 23, 2011 - 9:45am | 290J.P. Morgan provided color on the North American Oil Service and Equipment sector. In a research report published today, J.P. Morgan stressed its optimism about the sector. In the report, J.P. Morgan states, "We have raised our North American upstream spending forecasts and materially revised...
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Jefferies Lowers EPS Estimates on Halliburton (HAL)
Monday, March 21, 2011 - 8:53am | 122Jefferies is out with its report today on Halliburton (NYSE: HAL), lowering its EPS estimates. In a note to clients, Jefferies writes, "We are reducing our 1Q EPS estimate to $0.58 from $0.66, tweaking our 2Q estimate and lowering our 2011 estimate goes to $2.80 from $2.90. Our 2012 estimate...
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Dahlman Reports Increased Offshore Activity
Monday, November 22, 2010 - 9:50am | 319Dahlman Rose has published a research report on oil field services as the industry continues to grow its offshore project backlog, showing a significant increase in offshore activity. In the report, Dahlman Rose writes "The last three months have seen an acceleration of indications for offshore rig...
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Argus Increases Price Target on Halliburton
Tuesday, November 16, 2010 - 11:15am | 19Argus increases its price target on Halliburton (NYSE: HAL) from $42 to $48.
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Dahlman Rose & Co. Continues To See Halliburton Earnings Growth In North America
Tuesday, October 19, 2010 - 9:52am | 107Halliburton Company (NYSE: HAL) reported 3Q10 EPS of $0.58, versus consensus of $0.56 and Dahlman Rose & Co.'s estimate of $0.57. “Strong North American earnings from activity in unconventional plays and strong pressure pumping led the earnings beat,” Dahlman Rose & Co. writes. “As...
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JP Morgan Raises Estimates For Halliburton
Friday, October 8, 2010 - 6:52am | 158JP Morgan has issued a report on Halliburton Company (NYSE: HAL) and is raising estimates for the company. In the report, JP Morgan writes "After meeting with Halliburton management recently, we have raised our 2010 and 2011 EPS estimates, which are now solidly above consensus. Although increasing...