Arena Resources (ARD) was downgraded today by analysts at CapitalOne Southcoast and the stock is now at $42.09, down $0.72 (-1.68%) on volume of 974,308 shares traded. The analysts do...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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Deutsche Bank upgraded Garmin (NASDAQ: GRMN) to Hold from Sell as it believes the company's second half of 2009 is tracking better than expected due to retailer restocking. Deutsche raised its target on shares to $33 from $15 ... Read more
Stocks have been on a rally for some time now, although some indicators point to a lack of conviction. Volume is low, even by summer's standards, and much of the buying is from those who were on the sidelines and are just getting back into the game.[More...]
Arena Resources Inc (ARD) continues to top expectations and the Zacks Consensus Estimate is on the rise.
Company Description
Arena Resources acquires, explores, develops, and produces oil and natural gas in the south-central states of the U.S. The company’s current reserve is estimated to be nearly 66 million barrels of oil equivalents.
Hit By Energy Prices
Arena released second-quarter [...]
After it’s recent run-up, oil has pulled back to just over $70. It’s moved the stock prices of a number of producers and distributors as the markets have churned recently. But even though it’s price has leveled off and supplies are relatively up and steady, oil is going to go back up.
As ...
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