Dallas, Texas 10/28/2013 (Financialstrend) - In the beginning of last week, J.P. Morgan had published a report which highlighted the reasons why it expects major end to end integrated, large cap oil majors to report solid 3Q operational and fiscal results. This report had rallied the stock of big...
Top analysts claim that BHP Billiton Limited (ADR) needs to raise at least $10 billion funds in the next stock sale to investors if it wants to keep the current credit rating intact. The report covering this statement was unveiled by a top-notched analyst who covers the...
Dallas, Texas 10/28/2013 (Financialstrend) - Delek US Holdings Inc. (NYSE:DK) is a $1.15 billion market capped oil refining and marketing company. In the previous week the stock earned a very valuable upgrade from rating firm Goldman Sachs. The rating agency has recommended a Buy on the stock from earlier...
Dallas, Texas 10/28/2013 (Financialstrend) - Alon USA Energy, Inc. (NYSE:ALJ) is an oil and gas refining and marketing company which has a market cap of $736 million. Its shares along with a host of other oil refineries has seen a smart rally since October 10 when news items started...
Dallas, Texas 09/23/2013 (Financialstrend) -LinkedIn Corp (NYSE:LNKD) is facing a lawsuit action from customers in federal court in San Jose, California. The lawsuit, filed by four members, claimed that the professional networking company hacked into their email accounts and spammed them with several requests to sign up. The "collectively" plaintiffs,...
Dallas, Texas 11/05/ 2013 (Financialstrend) - In a report which is released on November 4, 2013, Zacks, reaffirmed its ‘Neutral’ rating on the NextEra Energy (NYSE:NEE)’s stock. At present the stock has a target price of $93. Zacks‘analyst wrote, “NextEra Energy posted mixed results with bottom line beating the Zacks...
Dallas, Texas 11/07/2013 (Financialstrend) - The share holders of regional bank Sterling Bancorp (NYSE:STL) got paid dividends on October 30 for the last time before its merger with Provident New York Bancorp (PBNY) became official on November 1. Going forward the merged entities will work under the common business...
Dallas, Texas 11/01/2013 (Financialstrend) - The S&P 500 index covered Marathon Oil Corporation (NYSE:MRO) has a market cap of $25 billion. On October 30, the company provided two positive updates which failed to enthuse the market and the investors. In the first announcement, the oil producer declared 3Q dividend...
Dallas, Texas 10/28/2013 (Financialstrend) - NetQin Mobile Inc. (NYSE:NQ) is an application software maker.  The last two days of trading in the previous week were tumultuous days for the company. It all started to unravel on October 24 when rating agency Muddy Waters had gone ahead and termed the...
Dallas, Texas 08/27/2013 (Financialstrend) - Hewlett-Packard Company (NYSE:HPQ) announced its quarterly results for the period ended June 30, 2013. The tech giant posted EPS of $0.86 in the details. Revenue during the period stood at $27.23 billion. In the run up to the declaration of this report market experts following the...