Is a big merger brewing in the oil services field?
Citing people familiar with the deal, the Wall Street Journal reports that Halliburton (HAL) is in talks to buy Baker Hughes (BHI). The talks are reportedly moving quickly and the two could soon reach an agreement.
What about a price? The newspaper couldn�� get a number, but argues that any deal would have to bring a premium to Baker Hughes�� $21.6 billion market capitalization.
Investors seem to approve. Baker Hughes surged 15.2% to close at $58.75 shortly before today�� closing bell, while Halliburton jumped just over 1% to end at $53.79.
If it happens, Halliburton buying Baker Hughes would be one of the biggest acquisitions for the industry in recent memory. �It comes at a time when companies related to the oil industry ��from major producers to offshore drillers — have been battered by slipping crude oil prices.
Crude oil for December delivery fell below $75 a barrel today for the first time in more than three years, and dragged energy stocks along for the ride.
10 Best Healthcare Equipment Stocks For 2015: TiVo Inc.(TIVO)
TiVo Inc., together with its subsidiaries, provides technology and services for television solutions, including digital video recorders (DVRs) and connected televisions in the United States and internationally. The company offers subscription-based TiVo service, which enhances home entertainment by providing consumers with a way to record, watch, and control live television, as well as to receive videos, pictures, and movies from cable, broadcast, and broadband sources in one interface. It also provides a platform for advertising and audience research measurement services. TiVo Inc. distributes the TiVo DVR through consumer electronics retailers and its online store at TiVo.com, as well as the TiVo service through agreements with satellite and cable television service providers; and broadcasting companies. As of January 31, 2011, it had approximately 1.5 million subscriptions to the TiVo service. The company was founded in 1997 and is headquartered in Alviso, California. Advisors' Opinion:
- [By Paul Ausick]
Big earnings movers: Chinese internet firm Qihoo 360 Technology Co. Ltd. (NYSE: QIHU) is up 8% at $78.99 on strong earnings and a buoyant outlook. A small biotech firm, Spherix Inc. (NASDAQ: SPEX) jumped 26.7% to more than $14 on earnings. On Tuesday we are scheduled to get earnings from LDK Solar Co. Ltd. (NYSE: LDK) and Tiffany & Co. (NYSE: TIF) before markets open. After Tuesday�� close we��l hear from Workday Inc. (NYSE: WDAY) and TiVo Inc. (NASDAQ: TIVO), among others.
- [By Lee Jackson]
TiVo Inc. (NASDAQ: TIVO) is the company that brought DVR recording to millions of Americans. The consensus target for the stock is $15.
Time Warner Cable Inc. (NYSE: TWC) said recently it is willing to take on more debt to make the right acquisition. That acquisition could be another cable company. The consensus price target is pegged at $126. Investors are paid a 2.3% dividend.
- [By Lauren Pollock]
TiVo Inc.'s(TIVO) fiscal third-quarter revenue jumped as the maker of TV set-top boxes added more subscribers, though profit for the period slid 79% as last year’s results included $78.4 million in litigation proceeds.
Hot Oil Service Stocks To Buy For 2014: Sensio Technologies Inc (PSN)
SENSIO Technologies Inc. (SENSIO) develops and markets stereoscopic technologies for the electronic consumer, digital broadcasting and digital cinema markets. The Company focuses on three dimensional (3D) video, develops and markets stereoscopic (3D) digital compression, decompression, and display-formatting technologies. Its solutions include content creators, games developers, broadcasters, specialty channels and digital cinemas. Its flagship technology, SENSIO 3D, allows distribution of 3D content through conventional two dimensional (2D) broadcast networks (cable, satellite, Internet Protocol) and playback on any 3D display device, as well as home theatre and digital cinema projectors. The Company operates in North America, Europe, Middle East and Oceania. Advisors' Opinion:- [By Inyoung Hwang]
Bovis Homes Group Plc (BVS) climbed 4 percent to 790 pence. Liberum Capital Ltd. raised its rating on the housebuilder to buy from hold. Persimmon Plc (PSN), the U.K.�� largest residential property developer, gained 2.5 percent to 1,255 pence.
Hot Oil Service Stocks To Buy For 2014: Mazda Motor Corp (MZDAF)
Mazda Motor Corporation is a Japan-based company engaged in the manufacture and distribution of automobiles and automobile parts. The Company provides mini vans, compact vehicles, sports cars, sport-utility vehicles, station wagons, sedans, light cars, commercial vehicles, welfare vehicles and special edition automobiles, as well as automobile accessories, including car navigation systems, automobile audio systems, side monitors, rear seat monitors, electronic toll collection (ETC) in-vehicle equipment, security products, driving support products, bulbs, pet carriers and child seats, among others. As of March 31, 2013, the Company had 56 consolidated subsidiaries and 15 associated companies. Advisors' Opinion:- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Japanese stocks jumped at the start of trading Monday, with exporters finding support as the yen weakened against the U.S. dollar and the euro. The Nikkei Stock Average (JP:NIK) climbed 270 points, or 1.8%, to 15,570, and the broader Topix scaled higher by 1.3%. The dollar pushed back above the 楼103 level after a better-than-expected U.S. jobs report for November, while the euro topped the 楼141 level for the first time since October 2008, according to FactSet data. Auto stocks were stronger, with Mazda Motor Corp. (JP:7261) (MZDAF) surging 3.2%, Nissan Motor Co. (JP:7201) (NSANY) up 2.2% and Toyota Motor Corp. (JP:7203) (TM) gaining 1.1%. Techs also benefited from yen weakness, with a 1.3% rise in shares of Sony Corp. (JP:6758) (SNE) , and bounce of 1.1% for stock in Canon Inc. (JP:7751) (CAJ) .
- [By Melvin Backman and Rene Marsh]
The list of affected makes include Honda (HMC), Toyota (TM), BMW, Mazda (MZDAF), Mitsubishi (MMTOF), Subaru, Nissan (NSANY), Ford (F) and General Motors (GM). Japanese parts maker Takata manufactured the defective airbags.
- [By MARKETWATCH]
LOS ANGELES (MarketWatch) -- Japanese stocks opened higher Tuesday, with shares of exporters supported by further weakness in the yen against the U.S. dollar. The Nikkei Stock Average (JP:NIK) rose 62 points, or 0.4%, to 15,716.60, and the broader Topix gained 0.2%. The dollar on Monday bought more than 楼103 for the first time since May, bolstered by better-than-expected U.S. manufacturing data. Shares of Mazda Motor Corp. (JP:7261) (MZDAF) paced advancers in the auto sector, with their climb of 2.1% adding to Monday's rise of 2.3%. Among tech names, Fujifilm Holdings Corp. (JP:4901) (FUJIF) picked up 1.9%, TDK Corp. (JP:6762) (TTDKF) rose 1.2%. Financial issues, however, were mostly lower, with Sumitomo Mitsui Financial Group Inc. (JP:8316) (SMFG) off 0.2%.
Hot Oil Service Stocks To Buy For 2014: DENTSPLY International Inc.(XRAY)
DENTSPLY International Inc. designs, develops, manufactures, and markets dental consumable products, dental laboratory products, and dental specialty products worldwide. The company?s dental consumable products include dental sundries, such as dental anesthetics, prophylaxis pastes, dental sealants, impression materials, restorative materials, tooth whiteners, and topical fluoride; and small equipment, including high and low speed handpieces, intraoral curing light systems, dental diagnostic systems, and ultrasonic scalers and polishers used in dental offices for the treatment of patients. Its dental laboratory products comprise dental prosthetics, including artificial teeth, precious metal dental alloys, dental ceramics, and crown and bridge materials, as well as equipment, such as computer aided machining ceramic systems and porcelain furnaces used in the preparation of dental appliances by dental laboratories. The company?s dental specialty products consist of endodonti c instruments and materials, implants and related products, bone grafting materials, 3D digital implantology, and orthodontic appliances and accessories. Its customers include dentists, dental hygienists, dental assistants, dental laboratories, and dental schools. The company distributes its dental products directly to dental laboratories and dental professionals, as well as through distributors, dealers, and importers. DENTSPLY International Inc. was founded in 1983 and is headquartered in York, Pennsylvania.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Align have surged 24% to $57 at 12:37 p.m. Sirona Dental Systems (SIRO) has risen 0.8% to $69.61, Dentsply International (XRAY) is up 0.1% at $45.44, Integra Lifesciences (IART) has� gained 0.4% to $44.23 and Danaher (DHR) has fallen 0.3% to $72.13.
Hot Oil Service Stocks To Buy For 2014: United States Gasoline Fund LP (UGA)
United States Gasoline Fund, LP (UGA) is a commodity pool that issues limited partnership interests (units). The investment objective of UGA is for the changes in percentage terms of its units��net asset value (NAV) to reflect the changes in percentage terms of the spot price of gasoline (also known as reformulated gasoline blendstock for oxygen blending (RBOB)) for delivery to the New York harbor, as measured by the changes in the price of the futures contract for gasoline traded on the New York Mercantile Exchange (the NYMEX) that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less UGA�� expenses. UGA seeks to achieve its investment objective by investing in a mix of Futures Contracts and Other Gasoline-Related Investments. United States Commodity Funds LLC (USCF) is the general partner of UGA and is responsible for the management of UGA.
The net assets of UGA consist primarily of investments in futures contracts for gasoline, but may also consist of investment contracts for other types of gasoline, crude oil, heating oil, natural gas and other petroleum-based fuels that are traded on the NYMEX, ICE Futures or other United States and foreign exchanges (collectively, Futures Contracts). UGA may also invest in other gasoline-related investments, such as cash-settled options on Futures Contracts, forward contracts for gasoline, cleared swap contracts and over-the-counter transactions that are based on the price of gasoline, crude oil and other petroleum-based fuels, Futures Contracts and indices based on the foregoing (collectively, Other Gasoline-Related Investments).
Advisors' Opinion:- [By Paul Ausick]
The United States Gasoline ETF (NYSEMKT: UGA) is down about 0.7%, at $60.48, in a 52-week range of $53.35 to $65.86.
The United States Brent Oil ETF (NYSEMKT: BNO) is up less than 0.1%, at $44.38 in a 52-week range of $36.88 to $45.05. The annual high was also set today.
- [By Aaron Levitt]
All in all, these moves should help EPD continue with its rich tradition of rising cash flows and dividends. EPD currently yields a very healthy 3.9%.
United States Gasoline Fund (UGA)One of the best ways to hedge against rising gas prices is to directly bet on that happening. The exchange-traded fund boom has made it easy for anyone with a brokerage account to hedge their gasoline consumption.
Hot Oil Service Stocks To Buy For 2014: Taylor Capital Group Inc.(TAYC)
Taylor Capital Group, Inc. operates as the bank holding company for Cole Taylor Bank that provides a range of commercial banking products and services primarily to closely-held commercial customers and their owner operators in the Chicago area. It offers various deposit products, including checking, savings, and money market accounts, as well as time deposits, and other deposit and credit services to commercial clients and community-based customers, including individuals and small local businesses. The company?s commercial lending activities primarily consist of providing loans for working capital and business expansion or acquisition; owner-occupied commercial real estate financing; revolving lines of credit; and stand-by and commercial letters of credit. It also originates and sells mortgage loans. In addition, the company provides treasury cash management services, including repurchase agreements, Internet balance reporting, remote deposit capture, positive pay, automa ted clearing house products, imaged lock-box processing, controlled disbursement, and account reconciliation services to commercial clients; and investment management and brokerage services. Further, it offers asset-based financing, including revolving lines of credit supported by receivables and inventory; and term loans supported by equipment and real estate. The company?s target commercial lending customers include businesses engaged in various industries, such as manufacturing, wholesale and retail distribution, transportation, construction contracting, and professional services. It operates through nine banking centers in the Chicago area. The company was founded in 1929 and is headquartered in Rosemont, Illinois.
Advisors' Opinion:- [By Rich Duprey]
Commercial banking concern Taylor Capital Group (NASDAQ: TAYC ) announced yesterday its third-quarter dividend of $0.50 per share on its�Series A perpetual non-cumulative preferred stock, which trades on the Nasdaq exchange under the symbol TAYCO.
- [By Rich Duprey]
Looking to expand its banking business in the Windy City, MB Financial (NASDAQ: MBFI ) jointly announced with Taylor Capital (NASDAQ: TAYC ) that it was buying the�holding company of�Cole Taylor�Bank, a Chicago-based commercial bank with $5.9 billion in assets, $3.3 billion in loans, and $3.7 billion in deposits.
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