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Cosmos Opens Doors To Circle's Native USDC Through CCTP
Tuesday, October 3, 2023 - 1:08pm | 670Circle (CRYPTO: USDC), the issuer of USDC, plans to venture out on Cosmos through its cross-chain transfer protocol system. This is expected to make transfers seamless and benefit USDC's market cap. Find out more on stablecoins. Meet and engage with transformative Digital Asset and Crypto...
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Big Oil In The Earnings Spotlight
Tuesday, April 26, 2016 - 9:00am | 724Three petroleum giants are on deck to share their latest earnings results this week. Consensus forecasts indicate that analysts' expectations for all three are low. Net losses are predicted for many others in the oil patch as well. Among the many earnings reports due this week, highlights will...
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Big Oil Earnings Faceoff: Conoco Vs Exxon
Sunday, January 31, 2016 - 8:32pm | 573What does Chevron Corporation (NYSE: CVX)'s surprise net loss portent for ConocoPhillips (NYSE: COP) and Exxon Mobil Corporation (NYSE: XOM)? Analysts expectations are pretty low for earnings from Conoco and Exxon. Many other oil companies are expected to post earnings declines or net losses....
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Analysts Eager To Comment On Oracle's Acquisition Of Micros
Monday, June 23, 2014 - 1:39pm | 467Analysts are eager to comment on Oracle's (NYSE: ORCL) recently announced acquisition of MICROS Systems (NASDAQ: MCRS). Details of the Acquisition In a press release on Monday, Oracle announced that "it has entered into a definitive agreement to acquire MICROS Systems, a provider...
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Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pm | 3030U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
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Oil Service Stocks That May Benefit From Mexican Energy Reform
Sunday, August 18, 2013 - 10:40am | 930A decline in oil output since 2004 has prompted recent energy reforms in Mexico. Analysts at Merrill Lynch feel Baker Hughes (NYSE: BHI), Ensco (NYSE: ESV), National Oilwell Varco (NYSE: NOV) and Schlumberger (NYSE: SLB) are among the big oil services companies positioned to benefit from...
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Spotlight on Oil Services Stocks (BHI, HAL, NOV, SLB)
Wednesday, December 19, 2012 - 2:21pm | 831Early Wednesday, Barclays (NYSE: BCS) analysts commented on oil service stocks in a note: We remain bullish on the oil-services, equipment and drilling companies and expect the group to significantly outpeform the broader equity market over the next several years. The analyst has Overweight...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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UPDATE: Noble Downgrades Pharmasset to Hold
Thursday, July 21, 2011 - 7:17am | 109Noble is out with its report today on Pharmasset (NASDAQ: VRUS), downgrading VRUS from Buy to Hold. In a note to clients, Noble writes, "We are moving from a Buy to a Hold based upon the firm's current valuation and more than a 300% move since January of 2011. At the current market capitalization...
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Morgan Keegan Maintains Outperform on Noble
Friday, July 15, 2011 - 9:07am | 137Morgan Keegan is out with its report today on Noble (NYSE: NE), maintaining Outperform. In a note to clients, Morgan Keegan writes, "The July fleet status report was clearly disappointing on increased downtime. That said our long-term outlook for Noble remains unchanged. We remained concerned with...
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Citi Reiterates Buy on Noble (NE)
Thursday, April 14, 2011 - 8:03am | 144Citi is out with its report today on Noble (NYSE: NE), reiterating Buy. In a note to clients, Citi writes, "We forecast a downward-trending EPS from $0.39 in 4Q10 to $0.30 in 1Q11 (consensus: $0.18), although we expect 1Q11 to represent a bottom from which favorable trends should ensue. We expect...
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Duncan Williams Reiterates Reduce on Noble (NE)
Thursday, April 14, 2011 - 7:38am | 141Duncan Williams is out with its report today on Noble (NYSE: NE), reiterating Reduce. In a note to clients, Duncan Williams writes, "After the close yesterday, Noble released a fleet status with increased downtime on certain rigs, contract slippage, and a fire on one jackup rig, which has removed...
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Natural Gas Prices Expected To Rise
Wednesday, October 13, 2010 - 7:15am | 359Citigroup has published a research report on Natural Gas price in response to the expectation that costs will rise. In the report, Citigroup writes "While companies will likely continue to emphasize liquids production this quarter, we expect North American natural gas production to actually outpace...