Market Currents

• Wednesday, October 28, 2009

• 08:34 AM Nexen (NXY): Q3 EPS of C$0.23 beats by C$0.08. Revenue of C$1.1B (-50.4%) vs. $924M. Shares -0.1% premarket. (PR) Comment!
• 00:05 AM Notable pre-market earnings: ASH, BWA, CCE, CHINA, CNP, COP, EPD, GD, GT, HES, IP, IPG, JNY, LAZ, LVLT, MWV, NWL, NXY, NYB, OC, PEG, PX, Q, SAP, SEPR, SO, SPIL, SPW, UMC, WLP, WYN Comment!

• Thursday, July 16, 2009

• 06:53 AM Nexen (NXY): Q2 EPS of $0.04 misses by $0.26. Revenue of $1.3B (-35.7%). (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: APH, BAX, BIIB, CY, FCS, GPC, HOG, JPM, MAR, MMR, MTG, NOK, NXY, PPG Comment!

• Tuesday, April 28, 2009

• 06:54 AM Nexen (NXY): Q1 EPS of $0.26 beats by $0.13. Revenue of $1.05B (-44%) vs. $1.36B. (PR) Comment!
• 00:05 AM Notable earnings before Tuesday's open: AG, AMB, AVY, BDX, BEN, BMS, BMY, BP, CCE, CE, COL, CVH, ECL, ELNK, EME, FMER, FPL, HCP, HL, HSP, IPG, LAZ, LVLT, MHP, NXY, ODP, PCAR, PCH, PCZ, PFE, PMTC, SMG, TLAB, VLO, VSH, WAT, WDR Comment!

• Thursday, February 12, 2009

• 06:46 AM Nexen (NXY): Q4 EPS of -$0.35 misses by $0.66. Revenue of $1.7B (-8.1%) vs. $1.2B. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: AET, ALXN, BWA, CLI, ECA, ECL, FCL, KO, LH, LIFE, MAR, MAS, NRG, NXY, PCH, PGN, PTEN, SCG, TDC, VIA.B, VTR, WMI Comment!

• Wednesday, December 17, 2008

• 09:45 AM Nexen (NXY) buys an additional 15% stake in Canada's Long Lake oil sands project from OPTI Canada for $735M. The deal boosts Nexen's stake in the venture to 65%. Comment!

• Wednesday, December 3, 2008

• 12:45 PM FT Alphaville isn't ready to back down from its Total (TOT -2%) bidding for Nexen (NXY -12.5%) story. (previously) Comment!
• 09:37 AM Nexen (NXY) opens way down after media reports Total (TOT) has decided not to bid for NXY. -20% to $15. (previously I, II) Comment!

• Tuesday, December 2, 2008

• 13:28 PM Nexen (NXY +22.5%): "We are not aware of any corporate developments to account for this activity." (PR) Which could indeed be true. Comment!
• 11:54 AM Nexen (NXY +21%) surges on reports Total (TOT +5.8%) is meeting to approve an offer of up to C$19.7B (C$38/share) for the Canadian oil company. Total is said to have considered selling its 13% stake in Sanofi-Aventis (SNY) if it had proved difficult to secure bank financing for the deal. Comment!

• Wednesday, October 29, 2008

• 12:32 PM Trading higher on strong earnings: LM +31%. HERO +28%. MGM +32%. NXY +20%. ANR +20%. SU +16%. AG +14%. NBL +14%. HES +10%. SPR +9%. VPHM +8% PX +7%. OC +6%. ODP +6%. AGN +5%. GRMN +4%. Comment!
• 06:39 AM Nexen (NXY): Q3 EPS of $1.68 beats by $0.35. Revenue of $2.21B (+53%) in-line. CEO Charlie Fischer to retire at year-end. (PR) Comment!
• 00:05 AM Notable earnings before Wednesday's open: AET, AG, AGN, ALO, ANR, BPO, BWA, CINF, CMCSA, GLW, GRMN, GW, HERO, HES, IMA, IVZ, JNY, K, KEM, KFT, LAZ, LM, MCO, MGM, MWV, NBL, NEM, NXY, NYB, OC, ODP, PG, PX, Q, SEE, SHPGY, SLAB, SNE, SPR, SPW, SU, TSO, VPHM, WEC, WPI Comment!