STO Second Quarter Production Has Modest Rise

Santos’s second-quarter production rose 2% to 12.4 million barrels of oil equivalent (mmboe), marginally below expectations, and full-year 2013 production guidance has been reduced by 3% to between 52 and 55 mmboe. The decline reflects deferred oil and gas production from Chim Sao in Vietnam due to power system constraints, steeper than- expected natural field decline at Sangu, and deferred Carnarvon production due to poor … Continue reading STO Second Quarter Production Has Modest Rise

Morning Buzz: Broadcom (NASDAQ:BRCM), Statoil (NYSE:STO), Apollo Commercial Real Estate Finance (NYSE:ARI), Woori Finance (NYSE:WF), Intermolecular, Inc. (NASDAQ:IMI)

It’s in the semi-conductor space, it’s up a little bit — and I think it really still has room to breakout. Recently Broadcom Corp. (NASDAQ:BRCM) made a decision to sell its cellular baseband business, and that was fantastic. Broadcom Corp. (NASDAQ:BRCM) belongs to Technology sector. Its net profit margin is 7.90% and weekly performance is 2.25%. On last trading day company shares ended up $38.19. … Continue reading Morning Buzz: Broadcom (NASDAQ:BRCM), Statoil (NYSE:STO), Apollo Commercial Real Estate Finance (NYSE:ARI), Woori Finance (NYSE:WF), Intermolecular, Inc. (NASDAQ:IMI)

Traders Are Watching – NASDAQ OMX Group (NASDAQ:NDAQ) , Flexsteel Industries (NASDAQ:FLXS) , Barrett Business Services (NASDAQ:BBSI) , Statoil (NYSE:STO)

NASDAQ OMX Group (NASDAQ:NDAQ) EVP Anna M. Ewing sold 58,893 shares of the company’s stock on the open market in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $40.19, for a total transaction of $2,366,909.67. Following the sale, the executive vice president now directly owns 91,242 shares in the company, valued at approximately $3,667,016. NASDAQ OMX … Continue reading Traders Are Watching – NASDAQ OMX Group (NASDAQ:NDAQ) , Flexsteel Industries (NASDAQ:FLXS) , Barrett Business Services (NASDAQ:BBSI) , Statoil (NYSE:STO)