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U.K. stocks extend gains to 12-month high

Tue, 21 May 2013 05:09:45 -0400

U.K.’s benchmark stock index flirts with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day’s losses and Capita PLC rallying after contract news.

U.K. stocks extend gains as banks rise

Mon, 20 May 2013 04:45:02 -0400

Banks lead U.K. stocks higher in an upbeat session on Monday, while resource firms add pressure after oil and metals prices show broad-based losses.

U.S. Steel, Genomic Health and Other Stocks Insiders Are Buying

Sat, 18 May 2013 15:54:32 -0400

Insiders may sell shares for any number of reasons, but conventional wisdom is that insiders really only buy shares of a company for one reason -- they believe the stock price will move higher and they want to profit from it.

Pullbacks and sell-offs provide a perfect opportunity for investors

(FTI) FMC Technologies Scales 52-Week High

Fri, 17 May 2013 17:08:48 -0400

Shares of FMC Technologies Inc. (FTI) hit a 52-week high of $56.04 on May 6. In fact, the Houston,...

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Texas sues BP for Deepwater Horizon damages

Fri, 17 May 2013 16:42:08 -0400

Nordic American Tanker CEO Says Market Turnaround Will Bring 'Loads of Money'

Thu, 16 May 2013 17:38:18 -0400

Nordic American Tanker (NYSE: NAT) CEO Herbjorn Hansson gave an exclusive interview Thursday morning to Benzinga.

Hansson opened the interview by mentioning his upcoming visit with oil giant Exxon Mobil (NYSE: XOM), commenting Nordic American Tanker has “done a lot of business with them”, along with

Glencore Xstrata Top Management Shakeup

Thu, 16 May 2013 05:30:00 -0400

DailyFinance.com: Just two weeks ago, the $76 billion merger was completed that created London-traded Glencore Xstrata. Today, shareholders shook up the company's board of directors by booting chairman John Bond and another director. The company has appointed the ... Read more

Statoil Buys 30% Stake in BP Assets – Analyst Blog

Wed, 15 May 2013 12:30:01 -0400

Statoil ASA has inked an agreement with BP plc, relating to farming-in 30% equity share in four exploration licenses, offshore South Australia.

Energy stocks fall; S&P’s sole sector decliner

Wed, 15 May 2013 12:21:35 -0400

Energy stocks fall Wednesday as investors book profits a day after the sector was among the top gainers in the S&P 500 Index.

Banks, miners weigh in London after China data

Mon, 13 May 2013 04:59:31 -0400

Shares of declining banks and resource firms pull the U.K.’s stock benchmark off its 5½ year high on Monday, after Chinese industrial-production data miss expectations.

U.S. urged to work with Mexico in Eagle Ford development

Fri, 10 May 2013 12:27:38 -0400

The B-Side: Tony Mitchell of People Positive

Fri, 10 May 2013 11:39:45 -0400

Plains All Hits 52-Week High – Analyst Blog

Thu, 09 May 2013 16:20:01 -0400

Plains All American Pipeline, L.P. hits its 52-week high on May 8, 2013.

Energy tech experts discuss the challenge of creativity at OTC

Thu, 09 May 2013 15:05:01 -0400

BP Farms-Out of Polvo in $135M Deal – Analyst Blog

Wed, 08 May 2013 18:40:01 -0400

BP plc has divested 60% of its stakes in one of the 14 oil interests in Brazil to HRT Oil & Gas Ltd. in a cash transaction valued at $135 million.

Lexco Capital Partners to rebrand, grow services

Wed, 08 May 2013 15:21:21 -0400

FMC Technologies Scales 52-Week High – Analyst Blog

Tue, 07 May 2013 17:40:01 -0400

Shares of oil drilling equipment maker FMC Technologies Inc. hit a 52-week high of $56.04 on May 6.

A Progressive Divide: Unions Vs. Environmentalists on Keystone XL

Tue, 07 May 2013 13:15:00 -0400

Typically united on the progressive front, unions now stand in opposition to environmentalists on the Keystone pipeline because of the project's job creation potential.

OTC draws leaders of energy companies, foreign countries

Mon, 06 May 2013 15:53:04 -0400

FMC Technologies CEO stresses collaboration at OTC

Mon, 06 May 2013 15:47:12 -0400

Starbucks, Huntington Bancshares and Other Stocks Insiders Are Buying

Sat, 04 May 2013 10:25:23 -0400

Pullbacks and sell-offs provide a perfect opportunity for investors

Europe stocks surge after upbeat U.S. jobs data

Fri, 03 May 2013 11:02:59 -0400

European stock markets soar to levels not seen since mid-2008 on Friday after data shows a bigger-than-expected amount of jobs were created in April.

BP to pay $18M for early restoration projects in Texas

Fri, 03 May 2013 08:36:44 -0400

Emerging economies expected to dominate energy growth

Thu, 02 May 2013 15:42:40 -0400

Gas Prices, Refining Lift Shell Earnings – Analyst Blog

Thu, 02 May 2013 08:45:01 -0400

Europe's largest oil company Royal Dutch Shell plc reported strong first quarter 2013 earnings, helped by higher natural gas prices and stronger refining margins.

What energy companies need to do now to attract talent

Wed, 01 May 2013 15:06:57 -0400

Raise a glass to these 3 bulletproof booze players

Wed, 01 May 2013 06:01:49 -0400

Consumer staples have long been a defensive sector of the market, but that doesn’t mean that the stocks can’t play good offense, as evidenced by two liquor companies and the world’s largest brewer.

Updates, advisories and surprises

Tue, 30 Apr 2013 18:01:09 -0400

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

BP's stock boosted by better-than-expected profits

Tue, 30 Apr 2013 13:01:54 -0400

Energy stocks edge up; Valero, Marathon fall

Tue, 30 Apr 2013 12:09:13 -0400

Energy stocks inch higher, losing some steam as the broader equity market is mostly lower. Refiners Valero and Marathon Petroleum report positive first-quarter earnings, but their shares are lower.

24/7 Wall St. Closing Bell — Tuesday: Markets Mixed at Open, Closes Slightly Higher

Tue, 30 Apr 2013 12:06:00 -0400

DailyFinance.com: U.S. equity markets opened mixed this morning as investors weighed conflicting data from the U.S., Europe, and Asia. In Europe, retail sales declined more than expected in Germany, Italy's unemployment rate remained unchanged at 11.5%, and eurozone ... Read more

BP’s Profit Rises; Beats Estimates (BP)

Tue, 30 Apr 2013 10:46:29 -0400

Energy company, BP plc (BP) reported a surge in first quarter earnings on Tuesday, which came in above analysts estimates. The London, UK based company reported first quarter net income of $16.86 billion, or 87 cents per share, up 65% from $5.77 billion or 30 cents per share last year. Excluding special items, earnings were [...]

Stock Downgrades: Buffalo Wild Wings Shuffles Off Into the Sunset

Tue, 30 Apr 2013 10:25:00 -0400

Wall Street ratings agencies set the tone for today's stock market.

BP Tops Earnings Est, Rev Falls Y/Y – Analyst Blog

Tue, 30 Apr 2013 09:40:01 -0400

BP plc reported first-quarter 2013 adjusted earnings of $1.32 per American Depositary Share beating our expectation of $1.05, thanks to improved downstream operation.

Benzinga Market Primer: Tuesday, April 30

Tue, 30 Apr 2013 06:38:40 -0400

Futures Flat on Mixed Economic Data

U.S. equity futures traded little changed in early pre-market trade following mixed global economic data. Mixed data out of Japan was followed by a flood of data out of Europe which continued to point to room for the European Central Bank to ease policy further

Lloyds, BP top performers in flat FTSE 100

Tue, 30 Apr 2013 05:50:53 -0400

The banking group and the energy giant are stand-out gainers in an otherwise flat London market on Tuesday.

Market Minute: BP, Beset by Lawsuits, Set to Jump on Strong Earnings

Tue, 30 Apr 2013 05:00:00 -0400

DailyFinance.com: Pfizer flops, and BP is set to gain despite a slew of new lawsuits. The S&P 500 rose 11 points yesterday to close above the record high set earlier this month, and it's poised to complete its sixth straight monthly gain. Dow Industrials jumped 106 ... Read more

UPDATE: BP Posts Higher Q1 Profit

Tue, 30 Apr 2013 04:41:26 -0400

BP PLC (NYSE: BP) posted a surge in its first quarter.

Its replacement cost profit jumped to $16.60 billion, from $4.78 billion, in the year-ago quarter. Excluding one-time items, its profit fell 9.4% to $4.22 billion, versus estimates of $3.25 billion.

BP announced a quarterly dividend of 9

Europe struggles as UBS, Deutsche Bank jump

Tue, 30 Apr 2013 04:28:16 -0400

Europe stocks move higher on Tuesday on the heels of a record close for Wall Street, with shares of UBS, Deutsche Bank and BP PLC all climbing on the back of well-received results.

Earnings Scheduled For April 30, 2013

Tue, 30 Apr 2013 04:24:41 -0400

Aetna (NYSE: AET) is expected to report its Q1 earnings at $1.39 per share on revenue of $9.64 billion.

Archer Daniels Midland Company (NYSE: ADM) is estimated to report its Q1 earnings at $0.52 per share on revenue of $21.41 billion.

Stepan Company (NYSE: SCL) is

BP Earnings Reflect Gain on Sale of Stake in TNK-BP

Tue, 30 Apr 2013 03:35:00 -0400

DailyFinance.com: BP PLC (NYSE: BP) reported first-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per American Depositary Share (ADS) of $5.20 on revenues of $94.11 billion. In the same period a year ago, ... Read more

Media Digest (4/30/2013) Reuters, WSJ, NYT, FT, Bloomberg

Tue, 30 Apr 2013 02:21:00 -0400

DailyFinance.com: Softbank signals it will not increase its bid for Sprint Nextel Corp. (NYSE: S). (Reuters) Best Buy Co. Inc. (NYSE: BBY) will dump its Europe presence via selling its stake in Carphone. (Reuters) Trading profits help UBS A.G.'s (NYSE: UBS) ... Read more

Marathon Petroleum to Beat Earnings – Analyst Blog

Mon, 29 Apr 2013 16:50:01 -0400

We expect Marathon Petroleum Corporation to beat expectations when it reports first quarter 2013 results before the opening bell on Tuesday, Apr 30.

24/7 Wall St. Closing Bell — Monday: Markets Open Higher, S&P Closes on New High

Mon, 29 Apr 2013 12:07:00 -0400

DailyFinance.com: U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for spending and slightly lower than expectations for income ... Read more

TOTAL Earnings Shy of a Penny – Analyst Blog

Fri, 26 Apr 2013 17:15:01 -0400

TOTAL S.A.'s first quarter earnings per share were a penny short of our projection as realized prices dipped.

Chevron Misses, Reports Profit Dip – Analyst Blog

Fri, 26 Apr 2013 11:50:01 -0400

U.S. energy giant Chevron Corp. reported weak first quarter results amid lower crude prices.

Miners drag U.K. stocks lower as metals drop

Fri, 26 Apr 2013 05:00:28 -0400

Mining firms lead U.K. stocks on track to break three-day winning streak on Friday, tracking metals prices lower, while advertising giant WPP PLC declines after saying it remains cautious for the full year.

Exxon Q1 Earnings Beat Analysts’ Expectations

Thu, 25 Apr 2013 12:43:56 -0400

Exxon Mobil oil production earnings may have dropped in the first quarter, but the company was able to offset the loss with strong chemical product sales, according to its April 25 quarterly earnings report. The world’s most valuable company saw its oil production—traditionally its strength—slip by 3.5 percent to 4.395 million barrels a day during the first quarter’s volatile global ...

ExxonMobil: Earnings Rise, Sales Fall – Analyst Blog

Thu, 25 Apr 2013 10:34:01 -0400

ExxonMobil Corporation's first-quarter 2013 earnings of $2.12 per share beat the Zacks Consensus Estimate of $2.03 by 4.4%.

Plains All American Remains Neutral – Analyst Blog

Wed, 24 Apr 2013 19:00:01 -0400

We maintain our Neutral recommendation on Plains All American Pipeline L.P.