HOUSTON, July 30- Crews expect to start drilling on Thursday a relief well to help permanently plug a ruptured shallow-water natural gas well off the coast of Louisiana in the Gulf of Mexico, a U.S. regulator said on Tuesday.
These five stocks trade below tangible book value. TheStreet.com reports.
*FBR cuts Diamond Offshore Drilling Inc to market perform from. *FBR cuts Rowan Companies PLC to market perform from outperform; price. *FBR raises Hercules Offshore Inc price target to $5.25 from $4.40;.
*Global hunter raises Baker Hughes Inc price target to $49 from $42. *Global hunter raises Ensco PLC price target to $69 from $67. *Global hunter cuts Flotek Industries Inc price target to $16 from $18.
At least 20 multinationals are drawing up plans to move their regional or global headquarters to Britain over the next year after government efforts to increase the competitiveness of the UK’s business tax regime.
Oct 5- Rowan Companies PLC:. *Raymond James cuts Rowan Companies to market perform from outperform. Reuters Station users, click. 1568.
*JP Morgan cuts Rowan Companies PLC to underweight from neutral. *JP Morgan raises Rowan Companies PLC price target to $39 from $38. *JP Morgan cuts Schlumberger price target to $83 from $84; rating overweight.
Money managers say take tax losses in cyclical sectors that suffer the most in a bear market and invest the proceeds in more defensive sectors, such as health care and consumer staples.
This week's rally has been powerful with most indexes nearly erasing their losses during the first three weeks of June, while sector rotation amongst tech and energy stocks has been significant.
Stocks slumped on Monday as technology stocks unraveled, and investors worried that continuing woes over the euro zone debt crisis could put a damper on the economic recovery moved out of riskier assets.
And here's how the "Mad Money" host recommends playing it.
Stocks slumped on Monday as technology stocks unraveled, and investors worried that continuing woes over the euro zone debt crisis could put a damper on the economic recovery.
Stocks pared losses as materials and bank stocks gained, but investors remained on edge about the European debt crisis.
In the past 8 trading sessions, energy has halved its gains in 2011, up only 8.8%, compared to an 18% increase at the end of April.
A slew of signals suggest the market wants to go higher. But should you put money to work in leaders or laggards?
Both the Dow and S&P closed in positive territory on Wednesday, despite higher oil. Is the market turning bullish?
Here is a look at the best performing stocks in February among the three best performing sectors in the last six months.
As the most volatile week in months winds down, investors are more likely to quietly square positions Friday, ahead of the weekend and month end.
Here's why you should keep a close eye on these six stocks.
Considering gold broke below its December low of $1360, did the bubble just pop? Find out why Dennis Gartman says no way!