Market Currents

• Monday, October 26, 2009

• 07:22 AM National-Oilwell Varco (NOV): Q3 EPS of $0.95 beats by $0.16. Revenue of $3.09B (-14.5%) vs. $2.9B. "While difficult credit market conditions have led to order rates below our expectations so far this year, we continue to pursue new rig opportunities aggressively, and seek and execute strategic internal growth and acquisition opportunities." (PR) Comment!
• 00:05 AM Notable pre-market earnings: ACV, GLW, LO, MHP, NOV, ONB, RSH, TLAB, VZ, WRI Comment!

• Tuesday, July 28, 2009

• 08:13 AM National Oilwell Varco (NOV): Q2 EPS of $0.90 beats by $0.03. Revenue of $3B (-9.5%) vs. $3.1B. Shares -2.7% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Tuesday's open: AMB, BEAV, BP, CE, CHKP, COH, CVH, DRH, ECL, ELNK, ENR, FPL, IPG, JEC, MHP, NOV, ODP, PCAR, PCX, ROK, SII, SVU, TEVA, TXT, VIA.B, VLO, VSH, WAT, WDR, X Comment!

• Thursday, April 23, 2009

• 08:11 AM National-Oilwell Varco (NOV): Q1 EPS of $1.13 beats by $0.07. Revenue of $3.48B (+29.6%) vs. $3.29B. "Though the pace of new capital equipment orders has slowed in the short run, we believe investment in drilling equipment will resume, to enable the industry to explore new oil and gas frontiers. Nevertheless market conditions remain very challenging, and the timing of a recovery is uncertain." Shares -4.4% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ABC, ALXN, AN, AVT, BDK, BG, BLL, CBE, CIT, CLS, CME, CNX, COP, CP, DHR, DO, EMC, ESI, ESV, EXC, FITB, GMT, GR, HSY, IGT, IVZ, JNS, LCC, LLL, MAR, MI, NCR, NCX, NIHD, NOV, NUE, OMTR, OXY, PENN, PM, PNC, POT, RCL, RS, RSH, RTN, RX, SCG, SEIC, SIAL, STI, SU, SVU, TCB, TMO, UNP, UPS, ZMH 1 Comment

• Wednesday, February 4, 2009

• 09:00 AM Premarket gainers: SOLR +24%. DRYS +20%. RVBD +17%. DSX +12%. ILMN +12%. EGLE +12%. NM +11%. EXM +11%. NETL +10%. GNK +8%. MT +6%. RTP +6%. PRGO +5%. TS +5%. FCX +5%. CENX +4%. ERTS +4%. AAUK +4%. NOV +4%. Comment!
• 08:16 AM National-Oilwell (NOV): Q4 EPS of $1.44 beats by $0.11. Revenue of $3.8B (+43.3%) in-line. Shares +3.9% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AGN, ALU, ARM, CLX, DVN, FNF, GR, ITT, KFT, NI, NOV, PM, PPL, R, RL, SLE, TMO, TWC, TWX, WIN Comment!

• Monday, January 5, 2009

• 09:36 AM The recent rally in crude oil has given battered energy stocks a much-needed boost. Oil service stocks are up 22% since Dec. 5; E&P stocks have gained 33% since Nov. 21. Top picks for 2009, from Pritchard: HP, NOV, TTES, RIG, EAC, HWK and RRC. Comment!

• Monday, December 8, 2008

• 09:03 AM Premarket gainers: HGSI +45%. IVN +26%. CHK +24%. DRYS +23%. GM +22%. F +16%. HIG +15%. PLD +12%. HL +13%. SLW +13%. ACH +12%. FCX +11%. ACGY +11%. SD +10%. NYX +10%. VIP +10%. X +10%. NOV +9%. AAUK +9%. JASO +9%. CIT +9%. ESLR +9%. APC +9%. ODFL +9%. HK +9%. Comment!

• Thursday, October 23, 2008

• 00:05 AM Notable earnings before Thursday's open: AAI, ALK, ALXN, AMTD, AUO, AVT, BC, BEN, BG, BMY, CBE, CCE, CELG, CNX, DO, DOW, ECA, ECL, ELN, EME, EPD, EQT, ESI, ESV, F, FLIR, GR, HOT, JBLU, JCI, JNS, LCC, LH, LLL, LLY, LTM, LVLT, MO, NIHD, NOV, NYT, ORI, PCZ, PDS, PLD, POT, RGC, RHD, RSH, RTN, RX, SO, STI, TMO, TRA, UNP, UPS, XEL, XRX, ZMH Comment!

• Tuesday, July 29, 2008

• 00:05 AM Notable earnings before Tuesday's open: AAI, AG, ALU, ANR, ARM, BEAV, BMS, BP, CL, CLR, COH, ELNK, ETR, FDP, GM, GTI, HERO, IAR, IMA, JAH, LEA, LPX, MAS, MC, MHP, NCR, NOC, NOV, NRG, PPC, SAP, SEPR, TEVA, TLM, UA, VLO, VSH, WDR, WMI, X Comment!