Basic Materials
(BTU) Peabody Energy Earnings Likely to Miss
Peabody Energy Corp. (BTU) will release its first quarter 2013 financial results before the market bell on Apr 18, 2013. In the prior quarter, this coal operator reported a negative earnings surprise of 530.77%. Peabody currently has...3May2013 | vitalstocks | Comments Off | Continued
(MON) Monsanto – Bayer in Cross-Licensing Deal
Monsanto Company (MON), an agricultural services provider, recently entered into a contract with Bayer CropScience, a wing of Germany based Bayer AG. The deal relates to the licensing of next-generation and enabling technologies in...3May2013 | vitalstocks | Comments Off | Continued
(KMP) Kinder Morgan Misses Earnings – Tops Revenues
Kinder Morgan Inc. (KMI) reported first quarter 2013 earnings of 28 cents a share from continuing operations, failing to meet the Zacks Consensus Estimate of 32 cents. However, the quarterly earnings increased from the year-earlier...3May2013 | vitalstocks | Comments Off | Continued
(VALE) Vale’s First Quarter Iron Ore Volume Drops
Vale S.A. (VALE), a metals and mining company, recently announced a mixed production report for the first quarter 2013, including a year-over-year decline in the iron ore performance. Vale saw a year-over-year increase in production...3May2013 | vitalstocks | Comments Off | Continued
(CLB) Core Laboratories N.V. Posts Stellar First Quarter Earnings
Oilfield service company, Core Laboratories N.V. (CLB) reported excellent first quarter 2013 results, highlighting global deepwater hydrocarbon developments. Quarterly earnings per share (EPS) came in at $1.22, surpassing the...3May2013 | vitalstocks | Comments Off | Continued
(NE) Noble Beats First Quarter Earnings – Misses Revenues
Leading contract drilling company, Noble Corporation (NE) reported first quarter 2013 earnings of 59 cents per share. With a boost from multi-regional operational improvements, the results surpassed both the Zacks Consensus Estimate...3May2013 | vitalstocks | Comments Off | Continued
(MTL) Mechel OAO Inks Deal with Baosteel
Russian miner Mechel OAO (MTL) has signed a memorandum of understanding with Baosteel Resources Int. Co. wherein Mechel’s subsidiary – Mechel Carbon Singapore – will supply the latter with up to 960,000 tons of coking coal annually. The...3May2013 | vitalstocks | Comments Off | Continued
(HAL) Will Halliburton Report a Rare Earnings Miss?
Major oilfield services provider Halliburton Co. (HAL) is set to release its first-quarter 2013 results before the opening bell on Monday, Apr 22. In the preceding three-month period, Halliburton delivered a positive 3.28% earnings...2May2013 | vitalstocks | Comments Off | Continued
(CAM) Cameron International Earnings and Revenue Miss
Oil drilling equipment maker Cameron International Corp. (CAM) reported first quarter earnings per share – excluding charges – of 70 cents, missing the Zacks Consensus Estimate by 4 cents. The weaker-than-expected results were...2May2013 | vitalstocks | Comments Off | Continued
(GDP) Chemical Industry Stock Outlook – May 2013 – Zacks Analyst Interviews
A tough economic backdrop in Europe, uncertainties surrounding the U.S. fiscal cliff, manufacturing slowdown, sluggish activity in China and weakness across some key end-markets weighed on the companies in the chemical space in 2012. The combined effect of these issues led to depressed demand for...2May2013 | vitalstocks | Comments Off | Continued
Individual Investors Stay Pessimistic – AAII Sentiment Survey
April 18, 2013 Individual investors remain pessimistic about the short-term outlook for stocks, even though bullish sentiment did improve in the latest AAII Sentiment Survey. Bullish sentiment, expectations that stock prices will rise over the next...2May2013 | vitalstocks | Comments Off | Continued
(WNR) Western Refining Downgraded to Hold
On Apr 17, Zacks Investment Research downgraded energy downstream operator, Western Refining Inc. (WNR), to a Zacks Rank #3 (Hold). Why the Downgrade? Western Refining is an independent refiner and marketer...2May2013 | vitalstocks | Comments Off | Continued
(SU) Suncor Energy to Divest Assets
Canada’s biggest energy firm and the largest oil sands outfit, Suncor Energy Inc. (SU) entered into an agreement to divest its conventional natural gas and crude oil business in Western Canada. The assets will be sold to a newly formed...27Apr2013 | vitalstocks | Comments Off | Continued
(DD) DuPont Wins Award from United States Patent and Trademark Office
Chemical giant DuPont (DD) has received the “Patents for Humanity” award from the United States Patent and Trademark Office (USPTO) for its research efforts to improve nutrition, production and availability of sorghum, the staple...27Apr2013 | vitalstocks | Comments Off | Continued
(WLT) Walter Energy Poised at Neutral
We reiterate our Neutral recommendation on Walter Energy Inc. (WLT). The premium metallurgical (met) coal export company currently has a Zacks Rank #3 (Hold). Why the Reiteration? Walter Energy is expected...27Apr2013 | vitalstocks | Comments Off | Continued
(DOW) Dow Chemical Company – Monsanto in Corn Technology Pact
Dow AgroSciences LLC, a subsidiary of The Dow Chemical Company (DOW), and Monsanto Company (MON) have entered into an agreement to create next generation of advanced...27Apr2013 | vitalstocks | Comments Off | Continued
(POL) PolyOne Joint Venture Opens Saudi Arabia Facility
Specialty polymer materials maker PolyOne Corporation (POL) and its joint venture partner E.A. Juffali & Brothers Limited have officially opened their new production plant in Jeddah, Kingdom of Saudi Arabia. The...27Apr2013 | vitalstocks | Comments Off | Continued
(DD) E. I. du Pont de Nemours and Company Inaugurates New Innovation Center in Turkey
E. I. du Pont de Nemours and Company (DD) has inaugurated the new DuPont Innovation Center in Turkey. This represents DuPont’s 11th Innovation Center and the 3rd in the Europe Middle-East and Africa (EMEA) region. DuPont...27Apr2013 | vitalstocks | Comments Off | Continued
What You Should Do With Your Money Today
Yesterday’s terrorist attack in Boston, the plunge in gold prices and the 256-point plunge in the Dow have investors across the country asking, “What do I do now?” The answer – if you’ve been following The Oxford Club‘s advice all along – is “not much.” To understand...27Apr2013 | InvestmentU | Comments Off | Continued
Forget the Gold Bulls… and the Gold Bears
Gold cratered Friday and then again yesterday, hitting a two-year low on fears that troubled European countries will have to sell their reserves to cover the cost of increasingly expensive bailouts. The sell-off took the metal below the important $1,400 psychological threshold. Gold bulls are...27Apr2013 | InvestmentU | Comments Off | Continued
(CHK) Chesapeake Energy Disposes Texas Assets
Natural gas provider, Chesapeake Energy Corporation (CHK) has disposed 57,275 net acres and 11 producing wells in the Woodbine/Eagle Ford play in East Tex., to privately owned Energy & Exploration Partners, Inc. The buyer is an...27Apr2013 | vitalstocks | Comments Off | Continued
(PAA) Plains All American Pipeline L.P. Announces New Crude Pipeline
Plains All American Pipeline L.P.(PAA) announced that it will build a crude oil pipeline, stretching from McCamey to Gardendale, Texas. The new 20-inch pipeline will be known as the Cactus Pipeline and will span 310 miles (498.9...27Apr2013 | vitalstocks | Comments Off | Continued
(LDL) Pivotal Therapeutics Progresses with Vascazen
Pivotal Therapeutics Inc. (PVTTF) recently announced encouraging top line data from the REVEAL study (n=110) on its cardiovascular candidate Vascazen in the US. Vascazen was successful in achieving the primary objective of the study...27Apr2013 | vitalstocks | Comments Off | Continued
(NBR) Value Alert – Nabors Industries Limited
Texas (Apr. 16, 2013) Wax Ink has issued a Preliminary Investment Interest rating for Nabors Industries, Inc. (NYSE: NBR) based...27Apr2013 | Wax | Comments Off | Continued
(SLB) Schlumberger Earnings Preview
Leading oilfield services company, Schlumberger Limited (SLB) is set to report its first-quarter 2013 results on Apr 19, 2013. Let’s see how things are shaping up prior to the announcement. In the last quarter, the company’s...27Apr2013 | vitalstocks | Comments Off | Continued
(FST) Forest Oil – Schlumberger Limited Shale Deal
Forest Oil Corporation (FST) signed a definitive deal with Schlumberger Limited (SLB) to develop Forest Oil’s Eagle Ford Shale land in Gonzales County, TX. The...26Apr2013 | vitalstocks | Comments Off | Continued
(BHI) U.S. Oil Drilling Rig Count Jumps by 33
In its weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported a rise in the U.S. rig count (number of rigs searching for oil and gas in the country). This upside can be mainly attributed to an increase...24Apr2013 | vitalstocks | Comments Off | Continued
(RIG) Transocean Updates Fleet Summary
Offshore drilling giant, Transocean Ltd. (RIG) recently issued a Fleet Update Summary for the period commencing Mar 14, 2013 to date. The value of all the new deals and extensions in the same time frame is estimated to be roughly $1.2...22Apr2013 | vitalstocks | Comments Off | Continued
(APD) Air Products & Chemicals and Technip Alliance Completes Two Decades
Air Products & Chemicals Inc. (APD) and Technip recently celebrated the completion of two decades of their alliance – the longest and most productive alliance supplying hydrogen to the global oil and gas industry. Hydrogen...21Apr2013 | vitalstocks | Comments Off | Continued
(TSO) Tesoro Downgraded to Neutral
On Apr 11, 2013, we downgraded independent refiner Tesoro Corp. (TSO) to Neutral from Outperform, concerned by the Environmental Protection Agency’s (EPA) proposed new gasoline standards. Our revised investment thesis is supported...21Apr2013 | vitalstocks | Comments Off | Continued