Citigroup believes Transocean (RIG), Noble Corporation (NE) and Diamond Offshore (DO) are positioned to benefit the most from the resumption of Gulf of Mexico deepwater drilling permits. The firm reiterates Buy rating on all three
Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f
On Tuesday, February 15th, you can expect Sirius XM Radio's (SIRI) earnings report early on the morning. Rovi Corp (ROVI), Tesla Motors (TSLA), Allscripts Healthcare (MDRX), and Dell (DELL) will be reporting their earnings in the
Gold Resource Corp (GORO) is off more than 5% this morning, giving back all of yesterday's gains -- and then some -- following CEO William Reid's appearance Thursday on CNBC. Today's decline also is likely due to the 2% fall in go
Under the terms of the definitive agreement, each common share of the company will be transferred to Magnum Hunter for the right to receive 0.0846 of a share of Magnum Hunter common stock.
NGAS Resources (NGAS) announced a definitive agreement with Magnum Hunter Resources Corporation (MHR) providing for NGAS Resources to be acquired by Magnum Hunter in an all-stock transaction. NGAS Resources is a British Columbia c
NovaGold Resources (NG) said it will acquire Copper Canyon Resources for a 41.8% premium based on the closing price of Copper Canyon common shares and NovaGold common shares on the TSX-V and TSX, respectively, on December 17, 2010
International Coal (ICO) is up after Bloomberg reports that Massey Energy (MEE) is considering its options, which include selling itself or taking over ICO. Massey's discussions with ICO, which started early this year, resumed aga
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
