Posts Tagged pbr

Top 10 Analyst Upgrades, Downgrades, Initiations (ACOR, IP, OPEN, PBR, SPWRA, ASML, LAZ, PETD, TRW, WDC)

These are this morning’s top 10 pre-market analyst upgrades, downgrades, and initiations which we have seen early from Wall Street research firms: Acorda (NASDAQ: ACOR) Raised to Buy at Merriman Curhan Ford; Raised to Outperform at Baird. International Paper (NYSE: IP) Started as Outperform at RBC. OpenTable (NASDAQ: OPEN) Raised to Buy at Citigroup.

Tags: , , , , , , , , , , , ,

No Comments

BP’s (BP) Giant Oil Discovery And Future Of Supply

BP (BP) said it has made a “giant” discovery of crude oil in its Tiber Prospect in the Gulf of Mexico. The well was drilled to a depth of over 35,000 feet and the ocean floor at that spot is about two thousand feet under water. Estimates are that the field could hold three billion barrels [[ This is a content summary only

Tags: , , , , , , , , , , ,

No Comments

Petrobras: Gov’t Investment and Venezuela Woes (PBR)

Petroleo Brasileiro (NYSE: PBR), or what we call Petrobras, has had a busy week.  This stock has recovered handily off of lows from early July, but all summer it has not been able to get above the $45.00 mark for the ADRs.  This week is bringing some pause for concern, even if the developments are [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Tags: , , , , , , ,

No Comments

Top Analyst Upgrades (MT, BBT, EVVV, GHL, WFR, NZ, PBR, SY, STI)

These are the top pre-market analyst upgrades and positive research calls we have seen early this Friday morning with more than two hours until the market opens for trading: Arcelor Mittal (MT) Raised to Hold at Citigroup.

Tags: , , , , , , , , , , , , ,

No Comments

Does Petrobras Need More Capital? (PBR)

Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, raised $1 billion in a new note offering this morning for its Petrobras International Finance Co.  Or did it?  We originally had this listed as being an offering of about $500 million earlier, yet now the offering may be as much as $1.2 billion. We already saw S&P come [[ This is a content summary only

Tags: , , , , , , , , , , , , , ,

No Comments

4th of July Gift: Oshkosh Wins At Expense of Others (OSK, NAV, FRPT, GD)

Oshkosh Corp. (NYSE: OSK) shares are rising strongly today while most of its peers are falling, after the company won a massive government contract that market participants are seeing as the sole prize in a billion-dollar sweepstakes.  The ATV vehicle win came at the expense of Navistar International Corp

Tags: , , , , , , , , ,

No Comments

At $70 Oil, Major Oil Stocks Still Look Cheap (COP, XOM, CVX, MUR, PBR, PTR, VLO)

We keep getting asked a single question from readers and from our own industry and professional contacts: Are Oil Stocks Cheap? There is a very simple answer in today’s markets: Oil stocks look very cheap (if oil is going to stay anywhere near $70.00).  Some of these are our top picks and some are [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Tags: , , , , , , , , , , , ,

No Comments