Standard & Poor's said late Wednesday that it will make multiple changes to both its S&P MidCap 400 and S&P SmallCap 600 indices after the market closes Friday.
Standard and Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices after the close of trading on Friday, November 21:
Shares of OfficeMax Inc. began their retreat Monday after last week's massive gains as investors waited for the office supply chain to post its delayed third-quarter results.
Shares of several oil services companies fell Monday as an analyst told investors that earnings for several companies will come in significantly below consensus earnings estimates for 2009.
Carbo Ceramics Inc., a manufacturer of ceramic parts used in oil and gas drilling, said Thursday that third-quarter profit jumped 31 percent due to a significant increase in sales of an oil field component.
Editor's Note: This is the first part in a series of articles monitoring financial sector spreads in order to give an accurate up-to-date picture of the credit crisis.For the world?s financial system to start functioning normally again it's imperative that confidence in the credit markets be restored. In order to gauge the progress being made to unclog credit markets I regularly monitor a range of financial sector spreads and other measures. By perusing these one can ascertain to what extent the various central bank liquidity facilities and capital injections are having the desired
NEW YORK (AP) - Standard & Poor's said late Wednesday that it will make multiple changes to both its S&P MidCap 400 and S&P SmallCap 600 indices after the market closes Friday.
NEW YORK, Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices after the close of trading on Friday, November
Fed cuts to 1%. In a unanimous decision, the Fed dropped its key fed funds target to 1% from 1.5%, while the discount rate fell to 1.25% from 1.75%. "The pace of economic activity appears to have slowed markedly, owing importantly to a decline in consumer expenditures," it said. The Fed hinted it may not be done with rate cuts: "... downside risks to growth remain. The Committee will monitor economic and financial developments carefully and will act as needed to promote sustainable economic growth and price stability." New in its statement...
Investors have clearly learned over the past few
months that this is a market of haves and have-nots. The dichotomy is pretty easy to
describe: Financials and Consumer
Discretionary stocks, both of which are heavily exposed to the deteriorating
conditions of the overextended U.S.
consumer/borrower, certainly are dragging down index returns. Additionally, Industrials with heavy domestic
exposure are scaring off investors as well.
Yet, the market goes up, as investors enjoy a flood of liquidity and
reallocate to those names that seem immune from...
One of my favorite sources of new ideas is a screen that I
run on StockVal. In fact, I publish a monthly report, the Small-Cap Rocket Report, in which I
give a brief synopsis of the names that meet the criteria. If you click on the link, you can download a
copy and see all of the parameters that I employ. The goal is to identify Small-Cap stocks with
high ROIC, good price momentum, stable or rising estimates, a...
HOUSTON , Dec. 1 /PRNewswire-FirstCall/ -- Oil States International, Inc. (NYSE: OIS) announced today that Cindy B. Taylor , Oil States' President and Chief Executive Officer, will present at the ...
NEW YORK , Nov. 19 /PRNewswire/ -- Standard and Poor's will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices after the close of trading on Friday, November 21 : S&P ...
By Sarah Howland, Integrated Solutions For Retailers magazine, September 2008 Oil States International (OSI) is a $2.5B company that supplies products and services to the offshore and onshore oil ...
NEW YORK (AP) - Shares of Oil States International Inc. fell Monday after an analyst added the oilfield services provider to a list of stocks to sell. The stock fell $1.04, or 4.5 percent, to $22 ...
Mr. Seaver served as President, Chief Executive Officer and a director of Hydril Co. from 1997 until its acquisition in 2007 and assumed the duties of Chairman of the Board beginning in 2006. Mr ...
HOUSTON (AP) - Oilfield services provider Oil States International Inc. on Thursday guided for fourth-quarter profit above Wall Street's expectations. For the period, the company expects to post ...
(RTTNews) - Thursday, Oil States International, Inc. (OIS: News ), a diversified oil services company, reported an increase in third-quarter net income, helped by strong growth in the Tubular ...
HOUSTON, Oct. 29 /PRNewswire-FirstCall/ -- Oil States International, Inc. (NYSE: OIS) today reported record quarterly net income for the three months ended September 30, 2008 of $89.1 million, or ...
Major Latin American stock markets each dropped 2% Wednesday, strained by a slump in prices for natural resources and by gloomy expectations from U.S. central bankers that the world’s largest economy may languish in recession for at least a year.
Credit-market conditions show further signs of improvement, responding to the Federal Reserve’s decision to slash a key U.S. interest rate to 1% along with central banks’ moves to further flood money markets with dollars.
Short-term lending rates are easing, offering more evidence that massive government bailouts and wide-ranging debt and deposit guarantees have started to thaw frozen credit markets.
Treasury prices fall, pushing short-term yields up for the first time in a week, after Ben Bernanke hinted the Federal Reserve is open to lower interest rates and the central bank moved to purchase commercial paper to ease corporate borrowing costs.
LONDON (MarketWatch) -- The cost of short-term borrowing in euros jumped Monday, following renewed financial turmoil that saw three governments extend a lifeline to Belgian-Dutch lender Fortis and a consortium of lenders move to rescue German property lender Hypo Real Estate. While the cost of overnight borrowing in euros as measured by the London interbank offered rate fell to 3.7125% from 4.06875% Friday, according to reports, the three-month euribor rate rose 10 basis points to 5.24%. Meanwhile, overnight dollar Libor rose to 2.56875% from 2.3125% on Friday, while overnight sterling Libor rose to 5.2625% from 5%. The dollar Libor-OIS spread,...
The world’s central banks take fresh steps aimed at avoiding a collapse of the crucial interbank lending market as nervous banks remain reluctant to lend to each other.
Central banks around the world take steps for a second straight day to keep money markets from seizing up due to fears of further turmoil in the financial sector following the collapse of Lehman Brothers.
With record-high oil grabbing everyone's attention, investors in energy stocks are already turning to the Atlantic hurricane season to determine which firms will benefit and which will lose.
Stocks 
