All Posts Tagged With: "NOV"
(OIH) Time to Buy Oil and Gas Services ETFs? – ETF News And Commentary
Earlier this year, the energy sector, specifically in the oil space, was one of the more popular segments in the market. Crude oil was surging and any company related to this sector was on the rise as a result.
However, recent events have made many investors pause when...
(XLF) Stock Market News for March 2, 2012 – Market News
Encouraging domestic economic data and the massive monetary injection by the European Central Bank (ECB) lifted the benchmarks modestly higher on Thursday. The day was somewhat marred by dismal economic data and news of explosion on an unknown Saudi oil pipeline. However,...
(XLF) Stock Market News for February 28, 2012 – Market News
Domestic housing data, which came in better-than-expected, combined with a drop in crude prices, helped the markets close narrowly higher on Monday. The S&P 500 hit its highest level since pre-recessionary days in May 2008 as it touched an intra-day high of 1,370.89. However,...
(CAM) Cameron International Sees Profits Surge
Oil drilling equipment maker Cameron International Corp. (CAM) reported third quarter earnings per share (excluding special items) of 78 cents, exceeding the 64 cents (adjusted) earned in the prior-year quarter...
(CAM) Cameron International Lands Jette Subsea Contract
Oil drilling equipment maker Cameron International Corp. (CAM) announced a $56 million contract from Norwegian oil company Det Norske Oljeselskap ASA to supply future subsea technology solutions...
(PBR) Oil Industry Mergers and Acquisitions 2011
by Justin Dove, Investment U Research
(CAM) Cameron International Beats The Street – Profit and Backlog Up
Oil drilling equipment maker Cameron International Corp. (CAM) reported strong second quarter 2011 results, driven by robust performance from its ‘Drilling & Production Systems’ and...
(NOV) National Oilwell Varco to Buy Ameron International
Oilfield services firm National Oilwell Varco Inc. (NOV) has agreed to acquire industrial parts maker Ameron International Corp. (AMN) for...
(NOV) National Oilwell Varco Buying Ameron International
Oilfield services firm National Oilwell Varco Inc. (NOV) has agreed to acquire industrial parts maker Ameron International Corp. (
6Jul2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for June 10, 2011 – Market News
Finally, investors enjoyed some cheer as the markets broke their six-day losing streak buoyed by positive data on export levels and a shrinking trade deficit. While this report provided optimism about a recovery in the economy, job data once again failed to suggest any improvement....
(XLF) Stock Market News for June 7, 2011 – Market News
Investor sentiment continued to remain bearish for the fourth straight trading day on Monday, as weak economic data dragged the indices to hit 2.5 months lows. Financials, energy and airline stocks dropped modest points and benchmarks may record their longest losing streak...
(XLE) Stock Market News for June 6, 2011 – Market News
After four consecutive weeks of losses, investor hopes were dashed once again this week as weak economic data dragged the indices down to their fifth straight week of losses. On Friday, weak jobs data from the Labor department ensured that indices remained in the red, reflecting...
(EIA) Stock Market News for May 26, 2011 – Market News
Investor sentiment gained strength as higher crude prices lifted the markets after three consecutive days of losses. Investors also negated weak economic reports amidst thin volumes and over 60% of the shares that are traded on the NYSE and Nasdaq closed in the green.
The...
(GOOG) Seeking Yield from Stocks Instead of Bonds – AAII Investor Update
Income-oriented investors have yet another reason to be upset with the bond markets. Junk bond yields fell to a record low a few days ago and are staying near those levels. As of Wednesday evening, the Barclays U.S. Corporate High Yield index yielded a mere 6.68%, which isn’t...
(CAM) Cameron International Reports Earnings Net Down
Oil drilling equipment maker Cameron International Corp. (CAM) reported weak first quarter 2011 results, adversely affected by muted performance from its ‘Drilling & Production Systems’ segment.
The...
(BA) Stock Market News for April 28, 2011 – Market News
The Federal Reserve’s statement on monetary policy which reiterated its commitment to keep interest rates low in pursuit of economic growth pushed the markets higher, with the Nasdaq recording its best close in ten years. Upbeat economic reports combined with the Federal...
(FTI) FMC Technologies Earnings Falls Short – Business Backlog Grows
Oil drilling equipment maker FMC Technologies Inc. (FTI) reported first quarter earnings per share from continuing operations (excluding a tax benefit of 3 cents) of 32 cents, lagging the...
(AA) Stock Market News for April 13, 2011 – Market News
Disappointing earnings result from Alcoa, declining crude prices, the worsening Japanese nuclear crisis and lower forecasts for economic growth combined to take the markets significantly lower on Tuesday. The Dow lost more than 100 points, heavily dragged by a 6% slide in...
(CAM) Cameron International Expects Lower First Quarter Earnings
Oil drilling equipment maker, Cameron International Corp. (CAM) announced that it expects to record total charge of approximately 17 cents...
(ADSK) Stock Market News for March 25, 2011 – Market News
Expectations of strong corporate results and encouraging domestic data helped the benchmarks move modestly higher on Thursday. Investors zoomed in on the events at home and shrugged off global concerns that had previously caused much damage to the indices. Technology and retailers...
(ADSK) Stock Market News for March 25, 2011 – Market News
Expectations of strong corporate results and encouraging domestic data helped the benchmarks move modestly higher on Thursday. Investors zoomed in on the events at home and shrugged off global concerns that had previously caused much damage to the indices. Technology and retailers...
(BHI) U.S. Drilling Rig Count Climbs Further
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), driven by intensified...
(BHI) U.S. Drilling Rig Count Up on Natural Gas
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), reflecting intensified...
(BHI) U.S. Oil and Gas Rig Count Hits Fourteen-Month High
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), reflecting intensified...
(JOYG) U.S. Industrial Production Edges Up
Industrial Production
Despite the snow storms in February, the total industrial production of the country managed to edge up by 0.1% over January. This marked the 8th straight increase in the Industrial Production, but it was also the smallest...
(BHI) Eleven Rigs Added to National Count
According to data from Houston-based oilfield services company Baker Hughes Inc. (BHI), the number of rigs searching for natural gas in the U.S. rose for the week ended Feb. 12, 2010, reflecting intensified...
(NOV) National-Oilwell Varco’s Profit Slips – Still Beats View
Oilfield service company National-Oilwell Varco (NOV) reported better-than-expected fourth quarter results, helped by robust performance from its Rig Technology segment. Earnings per share, excluding transaction...
(BHI) U.S. Drilling Rig Count Climbs Again
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), reflecting intensified...
($BHI) Gas Rig Count Hits 10-Month High
According to data from Houston-based oilfield services company Baker Hughes Inc. (BHI), the number of rigs searching for oil and gas in the U.S. rose for the week ended Jan. 15, 2010, reflecting intensified...
(BHI) Weekly U.S. Drilling Rig Count Grows by 31
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), reflecting ramped-up...