Analyst Upgrades

• Molycorp (MCP) to overweight from neutral at JPMorgan.
• Humana (HUM), HealthSpring (HS) and UnitedHealth (UNH) to buy from neutral at UBS.
• Williams Cos. (WMB) to conviction buy from neutral and UBS (UBS) to buy from neutral at Goldman.
• China Kanghui (KH) to overweight from neutral at Piper Jaffray.
• Arthur J. Gallagher (AJG) to buy from hold at Citigroup.
• Armstrong World (AWI) to buy from hold at BB&T.
• Time Warner (TWX) to buy from hold at Benchmark Co.
• Calpine (CPN) to overweight from equal weight at Barclays.
• 3M Company (MMM) to neutral from underperform and Kirby (KEX) to buy from underperform at BofA/Merrill.

Continue reading Analyst Calls: DWA, HUM, MMM, MRVL, NOK, TWX, UBS, UNH, WMB ...

Analyst Calls: DWA, HUM, MMM, MRVL, NOK, TWX, UBS, UNH, WMB ... originally appeared on BloggingStocks on Tue, 22 Feb 2011 12:10:00 EST. Please see our terms for use of feeds.

Williams Companies (WMB) will separate into two stand-alone, publicly traded corporations. The plan calls for Williams to separate its exploration and production business via an initial public offering in 3Q 2011 of up to 20% of its interest and, in 2012, a tax-free spinoff to Williams shareholders of its remaining interest. Overall option implied volatility of 41 is above its 26-week average of 37, according to Track Data, suggesting larger price movement.

MSCI Brazil Index (EWZ) overall option implied volatility of 26 is near its 26-week average of 27, according to Track Data, suggesting nondirectional price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Williams Volatility Up; Separates into Exploration and Production Businesses originally appeared on BloggingStocks on Fri, 18 Feb 2011 09:00:00 EST. Please see our terms for use of feeds.

Williams Companies (WMB - option chain) shares are soaring today to a new two-year high after the company announced fiscal-Q4 earnings this morning, posting an adjusted profit of 44 cents per share, topping analysts' forecast of 27 cents per share. WMB also announced plans to split into two standalone companies. WMB will spin off its exploration and production business in the third quarter. Finally, WMB said it will lift its quarterly dividend to 20 cents per share from 12.5 cents per share beginning in June. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on WMB.

Continue reading Williams Companies Plans to Split Up, Boost Dividend

Williams Companies Plans to Split Up, Boost Dividend originally appeared on BloggingStocks on Thu, 17 Feb 2011 13:40:00 EST. Please see our terms for use of feeds.

In April, I did a series of posts on Williams Companies (NYSE: WMB) starting with Chasing Value: Williams has the pipes and it's not blowing smoke.

I have also been writing about my investments in naked puts.

Now, I want to share one of the things I have done this year that has helped me obtain over a 100% return for 2009 at one point last month, which has since fallen back to 82%. This is not something I could have predicted, but I am not complaining.

Continue reading Chasing Value: Favorite trades -- Williams Companies

Chasing Value: Favorite trades -- Williams Companies originally appeared on BloggingStocks on Wed, 01 Jul 2009 12:00:00 EST. Please see our terms for use of feeds.

Oklahoma celebrates its centennial in November -- Happy Birthday, Oklahoma!

Today, Oklahoma is known as one of the most business-friendly states, due in part to low tax rates. Oklahoma's economy is based largely on the energy, aviation, and food processing sectors. From 2000 to 2006, Oklahoma's gross domestic product increased 50 percent. The GDP per capita grew almost 10 percent between 2005 and 2006, one of the highest rates in the nation.

Fortune magazine's 2007 list of the fastest growing companies in the U.S. included six from Oklahoma. At number three on the list was Tulsa-based Arena Resources Inc. (NYSE: ARD), a seven-year old oil and gas firm with a three-year annual growth rate of 165 percent. Back in August, Arena announced strong second quarter 2007 financial and operating results. Arena is also a major holding in the Bruce Fund, which recently made the 2007 Forbes Honor Roll.

Tulsa-based oil and gas driller Helmerich & Payne Inc. (NYSE: HP) had a three-year annual growth rate of 37 percent, which beat the S&P 500. In August, H&P announced strong second quarter 2007 results, as well as two new contracts. The Motley Fool sees expansion in other sectors as good news for drillers such as H&P.

Continue reading Investing in Oklahoma: Arena Resources (ARD), Chesapeake Energy (CHK), ONEOK (OKE) and others

Investing in Oklahoma: Arena Resources (ARD), Chesapeake Energy (CHK), ONEOK (OKE) and others originally appeared on BloggingStocks on Fri, 14 Sep 2007 18:15:00 EST. Please see our terms for use of feeds.