SOURCE: Analyst Choice
Analyst Choice Issues Market Opinion on Nexen Inc., Rowan Companies Inc., Pride International Inc., PMI Group Inc., Chevron Corp. and Owens Corning
NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by AnalystChoice.com (AC).
NEW DELHI, INDIA--(Marketwire - November 23, 2009) - US stocks continue to linger in the red on
Thursday. IT stocks reversed early losses triggered by a US brokerage
downgrade on health of the global chips industry. This drove us to do
research on the following 6 stocks Nexen Inc. (
To see if our analysts believe you should BUY, SELL or HOLD these six stocks sign up at Analyst Choice.
The following are exempts of the above reports:
-- The revenues and profits of NXY look dented due to a sharp correction
in oil prices. However...
-- Rowan's third quarter results, both in drilling and manufacturing,
benefited from its contract backlog.
-- A significant accomplishment in the quarter was the closing of PDE's
spin-off of Seahawk Drilling.
-- The primary default rate on insured mortgages at PMI Group jumped to
just short of 20% in the third quarter...
-- Chevron's results fell predictably in line with other major oil
companies in the quarter, as sharply lower oil prices, rising supplies
and...
-- Owens Corning is on track to surpass $160 million in cost savings
during 2009. The company is also on track to...
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