Market Currents

• Friday, November 20, 2009

• 13:05 PM Stocks have settled into a negative range along intraday lows, with broad losses, but energy (XOM, SLB, COP, NE) is a real drag on issues today. At midday, the Dow -0.5% to 10,285; S&P 500 -0.6% to 1,088; Nasdaq -0.8% to 2,140. Crude -0.7%, back under $77. Gold +0.2%. 1 Comment

• Wednesday, October 21, 2009

• 19:42 PM Noble (NE): Q3 EPS of $1.63 beats by $0.10. Revenue of $906M (+5%) in-line. Shares +1.5% AH. (PR) Comment!
• 00:10 AM Notable post-market earnings: ADS, AMGN, AMP, CTXS, CVA, EBAY, EFX, FFIV, FIS, FNF, ISIL, KNX, LOGI, LRCX, NE, NFX, NVLS, OSIP, PTV, QLGC, RRC, SKX, TEX, TQNT, VMW Comment!

• Wednesday, July 22, 2009

• 17:51 PM Noble (NE): Q2 EPS of $1.49 misses by $0.01. Revenue of $868M (+11%) vs. $900M. Shares +0.2% AH. (PR) Comment!
• 00:10 AM Notable earnings after Wednesday's close: ADS, BCR, CTXS, CVA, DOX, EBAY, EFX, EQIX, ETFC, FFIV, ISIL, ISRG, JAH, KNX, LHO, LOGI, MOS, NE, NFX, OMTR, OSIP, QCOM, RJF, RRC, SNDK, STLD, SWKS, TEX, TQNT, VMW, WLT Comment!

• Wednesday, April 22, 2009

• 18:12 PM Noble (NE): Q1 EPS of $1.62 beats by $0.16. Revenue of $896M (+4%) in-line. Shares +2.8% AH. (PR) 1 Comment
• 15:10 PM Notable earnings after Wednesday's close: AAPL, ADS, AF, AFFX, BCR, CVA, DOX, EBAY, EFX, EQIX, FFIV, FR, ISIL, KNX, LEG, LHO, LOGI, LRCX, NE, NFX, NVLS, PTV, QCOM, RHI, RJF, SLM, STLD, TMK, TQNT, VMW, XLNX, YUM Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAPL, ADS, AF, AFFX, BCR, CVA, DOX, EBAY, EFX, EQIX, FFIV, FR, ISIL, KNX, LEG, LHO, LOGI, LRCX, NE, NFX, NVLS, PTV, QCOM, RHI, RJF, SLM, STLD, TMK, TQNT, VMW, XLNX, YUM Comment!

• Sunday, March 29, 2009

• 05:46 AM As oil supplies get tighter and prices rise, Barron's says deepwater drillers Transocean (RIG), Diamond Offshore Drilling (DO) and Noble Corp. (NE) stand to profit nicely. Over the next 12-18 months, their shares could rise 25-100%. 1 Comment

• Monday, January 26, 2009

• 08:28 AM Offshore drillers get some love from Goldman. Raises price targets on Transocean (RIG), Noble (NE), Pride International (PDE), Atwood Oceanics (ATW) and Diamond Offshore Drilling (DO). Comment!

• Thursday, January 22, 2009

• 07:20 AM Noble (NE): Q4 EPS of $1.59 beats by $0.11. Revenue of $910M vs. $919M. (PR) (note: from Wed. evening) Comment!

• Wednesday, January 21, 2009

• 15:10 PM Notable earnings after Wednesday's close: AAPL, BNI, DOX, EBAY, FFIV, KMP, NE, PLCM, RJF, SANM, SLM, STX Comment!
• 00:10 AM Notable earnings after Wednesday's close: AAPL, BNI, DOX, EBAY, FFIV, KMP, NE, PLCM, RJF, SANM, SLM, STX Comment!

• Thursday, January 15, 2009

• 14:57 PM Barron's bullish on Noble: "The company (NE) can be bought for less than the estimated value of its fleet of drilling rigs." 1 Comment

• Wednesday, December 31, 2008

• 13:47 PM Raymond James' top picks for 2009: ALTR, ABC, AZO, CNX, CPA, CVD, DLR, FLIR, HPQ, HD, NYB, NE, PXP, RGA and RSG. Comment!

• Saturday, December 20, 2008

• 13:52 PM Noble (NE), the #3 U.S. offshore oil driller, plans to re-incorporate in Switzerland for its tax advantages (8-K). Transocean (RIG), the world's #1 offshore driller, and Weatherford International (WFT), are planning similar moves. Comment!