Month: August 2011

Leading oilfield service provider Halliburton ( HAL ) has drilled the first horizontal, multistage hydraulic fracture shale gas well for independent energy firm Apache ( APA ) in South America. The well, drilled in Argentina’s Neuquén Basin, is also the deepest to be executed in the continent. […]

Yesterday, China Life Insurance Co. Ltd. ( LFC ) announced its plan of issuing subordinated term debts in a filing to the Hong Kong bourse. […]

The Boeing Company ( BA ) received U.S. Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA) certifications for commissioning the new 747-8 Freighter. The FAA granted Boeing an Amended Type Certificate (ATC) and an Amended Production Certificate for the 747-8 Freighter, while the EASA also granted the company an ATC for the airplane. […]

Limited Brands Inc. ’s ( LTD ) sustained focus on cost containment, inventory management and merchandise initiatives has kept it afloat in a sluggish consumer environment. […]

We have maintained our Neutral recommendation on Mylan Inc . ( MYL ) with a target price of $19.00 following an appraisal of second quarter 2011 financial results. Mylan’s second quarter 2011 earnings (excluding special items) of 52 cents per share were above the Zacks Consensus Estimate of 45 cents and also beat the year-ago earnings 37 cents […]

We are maintaining our Neutral recommendation on Barrick Gold Corporation ( ABX ), the largest gold mining company in the world, with headquarters in Toronto, Ontario, Canada. Barrick reported record second-quarter 2011 results, driven by higher gold sales volumes and higher prices for both gold and copper. Adjusted earnings per share were $1.12, compared with $0.84 in the prior-year quarter. […]

Union Pacific Corp. ( UNP ) reported excellent financial results in the second quarter of 2011. […]

We are maintaining our Neutral stance on Endo Pharmaceuticals ( ENDP ) with a target price of $32.00. Endo Pharma is a specialty healthcare solutions company that operates in the US and reports results through three segments: Branded Pharmaceuticals, Generics and Devices and Services. Endo Pharma offers more than 175 products in the areas of pain management, urology and oncology […]