FBR Capital Raises Price Target on Halliburton (HAL) to $53 Following Strong 2Q
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Nomura Securities Raises Price Target on Halliburton (HAL) to $54 Following 2Q
July 25, 2016 9:29 AM EDTNomura Securities reiterated a Buy rating on Halliburton (NYSE: HAL), and raised the price target to $54.00 (from $53.00), following the company's 2Q. The most constructive piece of HALs outlook was the companys new rig target mantra 900 is the new 2,000. Management believes that it will only take 900 rigs... More
Halliburton (HAL) Tops Q2 EPS by 5c
July 20, 2016 6:50 AM EDTHalliburton (NYSE: HAL) reported Q2 EPS of ($0.14), $0.05 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $3.84 billion versus the consensus estimate of $3.76 billion.
Our second quarter results showed resilience in the face of another challenging quarter marked by lower activity levels and continued pricing pressure around the globe, said Dave Lesar, Chairman and CEO.
North America revenue declined 15% sequentially, significantly outperforming the average US rig count, which was down 23%. After falling 78% from the November 2014 peak, the US rig count reached a landing point during the second quarter, as we... More
Trading Radar for 7/20: Intel (INTC), Morgan Stanley (MS), Qualcomm (QCOM), AmEx (AXP), Halliburton (HAL), F5 Networks (FFIV) Report
July 19, 2016 2:09 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
ASML Holdings (Nasdaq: ASML) - consensus EPS $0.87
Abbott (NYSE: ABT) - consensus EPS $0.53
Amphenol (NYSE: APH) - consensus EPS $0.63
Asanko Gold, Inc. (NYSE: AKG) - consensus EPS $0.00
BankUnited (NYSE: BKU) - consensus EPS $0.51
Canadian Pacific Railway (NYSE: CP) -... More
Halliburton (HAL) July weekly volatility increases unto Q2 and outlook
July 19, 2016 11:01 AM EDTHalliburton (NYSE: HAL) July weekly call option implied volatility is at 47, August is at 31; compared to its 52-week range of 26 to 62 into the expected release of Q2 on July 20.
... MoreNotable Analyst Rating Changes 7/19: (SBLK) (CMG) (SLB) Upgraded; (PCAR) (HAL) (GES) Downgraded
July 19, 2016 10:04 AM EDTUPGRADES
JPMorgan upgrades Star Bulk Carriers (Nasdaq: SBLK) from Neutral to Overweight with a price target of $6.50.
CLSA lifts Chipotle Mexican Grill (NYSE: CMG) from Underperform to... More
