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)

Top Stocks: Bank of America Corporation (NYSE:BAC), Statoil ASA (NYSE:STO), Enerplus Corporation (NYSE:ERF), Issuer Direct Corporation (NYSEMKT:ISDR), Baylake Corp. (NASDAQ:BYLK)

A flurry of World AIDS Day and #GivingTuesday activities mark the latest milestone in a two-year, $10 million partnership between Bank of America Corporation (NYSE:BAC) and (RED). The goal of the partnership, which was announced in January, is to help end mother-to-child transmission of HIV and achieve an AIDS-free generation by supporting the critical work of the Global Fund to Fight AIDS, Tuberculosis and Malaria … Continue reading Top Stocks: Bank of America Corporation (NYSE:BAC), Statoil ASA (NYSE:STO), Enerplus Corporation (NYSE:ERF), Issuer Direct Corporation (NYSEMKT:ISDR), Baylake Corp. (NASDAQ:BYLK)

Hot Alert: Newmont Mining Corporation (NYSE:NEM), Statoil ASA (NYSE:STO), Cliffs Natural Resources Inc. (NYSE:CLF), Verizon Communications Inc. (NYSE:VZ), Comfort Systems USA (NYSE:FIX)

Newmont Mining Corporation (NYSE:NEM) announced it made a $100 million prepayment toward a five-year, $575 million unsecured amortizing term loan received in March. The term loan was used to repay $575 million of convertible debt that matured in July of this year. Proceeds recently received as a result of the government of Suriname exercising its option to participate in a fully-funded, 25 percent equity ownership … Continue reading Hot Alert: Newmont Mining Corporation (NYSE:NEM), Statoil ASA (NYSE:STO), Cliffs Natural Resources Inc. (NYSE:CLF), Verizon Communications Inc. (NYSE:VZ), Comfort Systems USA (NYSE:FIX)

Don’t Miss: The Dow Chemical Company (NYSE:DOW), Statoil ASA (NYSE:STO), Exterran Partners, L.P. (NASDAQ:EXLP), Freeport-McMoRan Inc. (NYSE:FCX), Amkor Technology, Inc. (NASDAQ:AMKR)

On Nov 21, The Dow Chemical Company (NYSE:DOW) said it agreed to add two directors proposed by hedge fund executive Daniel Loeb to its board, quieting the activist investor who recently renewed his attack on the chemical giant. The Dow Chemical Company (NYSE:DOW) belongs to Basic Materials sector. Its net profit margin is 6.20% and weekly performance is -4.35%. On last trading day company shares … Continue reading Don’t Miss: The Dow Chemical Company (NYSE:DOW), Statoil ASA (NYSE:STO), Exterran Partners, L.P. (NASDAQ:EXLP), Freeport-McMoRan Inc. (NYSE:FCX), Amkor Technology, Inc. (NASDAQ:AMKR)