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2 min ago | Seeking Alpha
Recent movement in market averages and key stocks strongly suggests a shift in market leadership from growth stocks to cyclical and commodity-related stocks like Deere, Schlumberger, and Caterpillar.
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4 hrs ago | Seeking Alpha
Schlumberger Limited supplies technology, integrated project management, and information solutions to oil and gas exploration and production industries worldwide.
13 hrs ago | Business Journal
ERF Wireless Inc. , a League City, Texas-based provider of wireless and broadband services for remote areas of North America, including oil and gas fields, revealed plans to shuffle its assets on April 23. In the past year, ERF has publicly struggled to increase its profits.
Jonathan Spivey, a partner and intellectual property attorney with Bracewell & Giuliani in Houston, says oil and gas companies are being targeted more by so-called patent "trolls."
Even with the significant run over the past couple of months, does Schlumberger Limited have more legs to run? In December 2013, I wrote an article titled: Schlumberger: A Great Time To Buy , within the article I examined how the oil services sector had sold off, but was preparing for a strong run this spring.
If business conditions are good for a public company, then it's highly likely that its share price has already been doing well in this great monetary expansion.
H alliburton Co , the world's No.2 oilfield services provider, expects margins to improve in North America after being depressed for two years as companies step up spending to drill and complete wells.
's stock had its "buy" rating reiterated by equities researchers at Deutsche Bank in a research report issued on Monday, AmericanBankingNews.com reports.
North American land drilling activity continues to pick up. Both Baker Hughes and Schlumberger posted strong North American results within their earnings reports.
Halliburton made money in the first quarter on rising revenue in the Middle East and Asia, and the CEO said Monday that he sensed an upturn in the North American market.
Despite a rough winter, the North American energy sector warmed up just enough to fuel earnings beats at both Schlumberger ( Drilling down into Schlumberger's first quarter Schlumberger reported quarterly earnings of $1.21 per share, which beat estimates by a penny.
Indian energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer margin in its western India , reported net profit of 56.31 billion rupees for the quarter to end-March, compared with analysts' expectations of 56.62 billion rupees.
Our Composite gained approximately +1.9% during the first quarter of 2014. This gain is inline with the gain in the Standard & Poor's 500 Index of +1.8% and middling to the gain of +1.1% in the Russell 1000 Growth Index.