HOUSTON _ Superior Energy Services Inc. on Thursday reported a first-quarter loss of $11.1 million, after reporting a profit in the same period a year earlier. The average estimate of 15 analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share. Ten analysts surveyed by Zacks expected $890.6 million.
Some of the names on the move ahead of the open.
Major sector indices start the second quarter with a perfect inverse image of first quarter performance. Dow Transports and small-cap stocks lag.
In a domestic energy market developing faster than just about anyone can remember, the key is in finding an edge.
NEW YORK, Oct 3- Small- and mid-capitalization stocks were flat to slightly lower on Wednesday as shares of oil companies sank in line with a sharp fall in oil prices. Shares of Superior Energy Services were down 6 percent at $19.14.
U.S. stocks advanced on Wednesday after stronger-than-expected employment and service-sector data in the United States. But a gloomier outlook in China and Europe weighed on commodity prices and hit energy and materials shares. **SAREPTA THERAPEUTICS INC, $41.60, up 177 pct.
U.S. stocks rose on Wednesday after stronger-than-expected employment and service-sector data in the United States, but a gloomier outlook in China and Europe weighed on commodity prices and hit energy and materials shares. **SAREPTA THERAPEUTICS INC, $40.65, up 171 pct. **HEWLETT-PACKARD CO, $15.67, down 8.4 pct.
**SAREPTA THERAPEUTICS INC, $40.19, up 168 pct. **BIOLASE INC, $2.11, up 27 pct. The company said health regulators in Europe and the United States approved its laser device for use in soft tissue surgery, teeth whitening, and pain therapy.
Oct 3- Superior Energy Services Inc:. *Raymond James Cuts Superior Energy Services Inc price target to. Reuters Station users, click. 1568.
*Jefferies raises Atwood Oceanics Inc price target to $58 from $56;. *Jefferies cuts Basic Energy Services Inc price target to $10 from. *Jefferies cuts Precision Drilling Corp price target to $10 from $11;.
*Barclays cuts Nabors Industries price target to $16 from $17; rating. *Barclays cuts Patterson UTI Energy Inc price target to $22 from $24;. *Barclays cuts Superior Energy Services Inc price target to $32 from.
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