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Morgan Stanley Overweight On Murphy Oil Corporation
Friday, September 2, 2011 - 7:11am | 195Read More...Morgan Stanley is out with a research report on Murphy Oil Corporation (NYSE: MUR) and it has an Overweight rating on shares. In a note to clients, Morgan Stanley writes, "MUR announced the sale of the second of its three refineries tonight with two important takeaways: (1) MUR is executing on its...
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Murphy Announces Meraux Refinery Sale for $325M
Thursday, September 1, 2011 - 4:00pm | 44Read More...Murphy Oil Corporation (NYSE: MUR) announced today that it has entered into an asset purchase agreement pursuant to which its wholly-owned subsidiary, Murphy Oil USA, Inc., will sell its refinery in Meraux, Louisiana and related assets.
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Benzinga's Top ETF Decliners, August 31st (EDZ, DPK, EPV, FXP)
Wednesday, August 31, 2011 - 6:39pm | 231Read More...Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSE: EDZ) lost 6.11% today, and it closed at $20.12. Banco Bradesco SA (ADR) (NYSE: BBD) is a component of the MSCI Emerging Markets Index, and it gained 2.41%. Direxion Daily Developed Markets Bear 3x Shares(ETF) (NYSE: DPK) fell 5.21%, and...
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Zings Of The Day, August 31, 2011
Wednesday, August 31, 2011 - 2:39pm | 143Read More...Russian bailiffs today raided BP's (NYSE: BP) Moscow offices with regards to a lawsuit over the company's joint venture in Russia, through minority shareholders of TNK-BP. In Soviet Russia, nothing goes right. You're screwed. Carl Icahn yesterday saying his board nominees would try to sell...
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Notable Call Options Activity in Suncor Energy
Wednesday, August 31, 2011 - 1:27pm | 113Read More...Shares of Suncor Energy (NYSE: SU) are lower on the session by 0.35%, currently trading at $31.63. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the January...
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Notable Call Options Activity in PetroChina
Wednesday, August 31, 2011 - 9:31am | 114Read More...Shares of PetroChina (NYSE: PTR) are higher on the session by 2.00%, currently trading at $128.77. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the...
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UPDATE: Americas Petrogas and ExxonMobil Sign Agreement for Shale Oil and Gas Project in Argentina
Tuesday, August 30, 2011 - 9:11am | 295Read More...Americas Petrogas announced that it has, through its wholly-owned Argentina subsidiary, Americas Petrogas Argentina S.A., entered into a farm-out agreement with ExxonMobil Exploration Argentina S.R.L., a wholly-owned subsidiary of Exxon Mobil Corporation (NYSE: XOM) for the exploration and...
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Fast Money Picks For August 30th (GMCR, NTAP, ACE, CMI, COP)
Monday, August 29, 2011 - 7:32pm | 225Read More...CNBC Fast Money's Scott Nations said on the show that a recent negative options action in Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) makes him worried about the stock. Green Mountain Coffee Roasters Inc. (GMCR) gained 0.82%, and closed at $98.71. Jon Najarian thinks that NetApp Inc. (...
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Earnings Roundup
Monday, August 29, 2011 - 7:50am | 369Read More...Donaldson Co Inc (NYSE: DCI) reported better-than-expected quarterly results. Donaldson reported its quarterly earnings at $65.8 million, or $0.84 per share, up from $51.2 million, or $0.65 per share, in the year-ago period. Its revenue surged 21% to $625 million. Its engine product sales climbed...
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Sinopec Reports 12% Rise In First-Half Net Profit
Monday, August 29, 2011 - 12:53am | 76Read More...China Petroleum & Chemical Corp (NYSE: SNP), or Sinopec, reported a 12% rise in its first-half net profit. Sinopec's net profit for the period rose to CNY41.17 billion (US$6.44 billion), from CNY36.80 billion, in the year-ago period, according to international accounting standards. However,...
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Mad Money Lightning Round: Cramer Likes ConocoPhillips, Travelers Companies
Friday, August 26, 2011 - 2:44am | 373Read More...On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Travelers Companies (NYSE: TRV) is the “cheapest stock in the Dow. I want to buy Travelers right here." For Micron Technology (NASDAQ: MU), he said, "You don't want to own Micron. It's not a good tech stock and it's not the...
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Benzinga's Top ETF Gainers, August 25th (SOXS, TZA, ERY, EPV)
Thursday, August 25, 2011 - 5:45pm | 204Read More...Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) spiked 7.99% on Thursday, and closed at $97.31. In the semiconductor space, Applied Materials, Inc. (NASDAQ: AMAT) fell 4.84%, and Texas Instruments Incorporated (NYSE: TXN) lost 3.06%. Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA)...
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ETFs For A Post-Qaddafi Libya
Wednesday, August 24, 2011 - 1:58pm | 484Read More...One of the brighter headlines delivered to investors has been news of the fall of Libyan dictator Muammar Qaddafi and his oppressive regime. The bottom line with this news is that has potential to be good news for select oil stocks. Emphasis on potential. Some oil companies reported disappointing...
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Five Developed Market ETFs Stinking Up The Joint
Wednesday, August 24, 2011 - 1:13pm | 511Read More...The market's recent malaise has shown investors many things and one of them is that developed markets have offered little in the way of refuge. Even excluding the U.S. from the conversation, developed market ETFs have been disappointing as a group lately. Whether it's slack economic growth, a...
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The Stock Charts Tell Everything
Tuesday, August 23, 2011 - 12:35pm | 263Read More...Stocks are advancing sharply across the board. This happened after the S&P 500 held the all important 1122 level. This level was the key low for the last three trading days. The move in the markets appears to be a melt up, as short covering starts ahead of a major speech by Federal Reserve...

