Halliburton Co. (NYSE:HAL) – one of the largest oilfield service providers in the world – reported significantly better-than-anticipated second-quarter 2010 results. This was helped by the strength and sustainability of the all-important North American onshore activity levels (to which the company is heavily exposed through its market-share-leading pressure-pumping business).
Earnings per share from continuing operations came …
Biogen Idec Inc. (NASDAQ:BIIB) is set to announce its second quarter 2010 results on Tuesday, July 20, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter is $1.08 per share (with a downside of 0.93%), compared to the 73 cents per share earned in the year-earlier period.
First Quarter Recap
Biogen’s first-quarter earnings per …
Hypo Real Estate, which was nationalized by Germany some time ago, is expected to fail the stress…
Price action on EUR/GBP (a daily chart of which is shown) as of Monday (7/19/2010), has reflected the new week’s sharp downmove in GBP/USD and milder upmove in EUR/USD by continuing last week’s bullish momentum that broke out above 0.8400. By breaking out above the resistance confluence of the 0.8400
In a process to strengthen its balance sheet, Allegheny Energy Inc. (NYSE:AYE) announced that its unit, Energy Supply Company, LLC (AE Supply), will redeem all outstanding $150.5 million 7.80% Medium Term Notes due on 2011.
Allegheny ended the first quarter of 2010 with cash and cash equivalents of $185.9 million and intends to utilize its existing …
EUR/GBP (a daily chart of which is shown) as of Monday (7/19/2010), has reflected the new weeks…
Sometimes there is an event that goes virtually unnoticed by the investing community but that later, in hindsight, becomes the “canary in the coal mine”.
The canary, for investors, is the event that serves as an early warning of a change in direction for an economy, an asset class or a particular stock sector.
Jinpan International’s (NASDAQ:JST) …