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August 22, 2014 10:20 AM EDT |
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CHICAGO, Aug. 22, 2014 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the BP plc (NYSE:BP-Free Report), ConocoPhilips (NYSE:COP-Free Report), Baker Hughes Inc. (NYSE:BHI-Free Report), Halliburton Co. (NYSE:HAL-Free Report) and Schlumberger Ltd. (NYSE:SLB-Free Report).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. Here are highlights from Thursday's Analyst Blog: U.S. Puts 400K Acres of GoM Offshore Energy on Tap Power hungry U.S. is expanding its domestic presence to tap offshore oil resources. This is a prudent move considering the U.S. agency of the Bureau of Ocean Energy Management's (BOEM) assessment that the deep water space oil production is predicted to grow 12% annually till 2030. The agency also expects the majority of action in the deep water space 2015 onward. Keeping this in mind, the federal government has ventured to sell more than 400,000 acres in the Gulf of Mexico (GoM) off the Texas coast for oil and gas exploration and development. The acreage represents a fraction of 21.6 million acres the agency had offered as part of the Obama administration's five-year program to aggressively develop resources on the Outer Continental Shelf. Offerings since 2012 in the western Gulf attracted buyers for about 60 million offshore acres, adding about $2.3 billion to the U.S. Treasury. Per BOEM's western GoM Deputy Director Michael Celata the sale, if approved, will bring in about $110 million. Bidders must prove their financial capacity to complete the sale, assure continued participation and submit exploration and development plans within 90 days to close the purchase process. Of the energy behemoths, BP plc (NYSE:BP-Free Report) submitted the largest number of bids, winning 27 of the 81 tracts that were sold. It was the first sale in the western Gulf that BP participated in since the Environmental Protection Agency barred the company in Dec 2012 from bidding on U.S. contracts for 16 months in the wake of the Deepwater Horizon rig explosion and oil spill in 2010. ConocoPhilips (NYSE:COP-Free Report) also dished out considerable money in the fray, paying about $61 million for a single tract in the ultra-deep-water Alaminos Canyon area. All this focus on hydraulic fracturing activity, which is projected to grow in the western Gulf of Mexico by more than 10% in 2014, will greatly benefit oilfield services providers like Baker Hughes Inc. (NYSE:BHI-Free Report), Halliburton Co. (NYSE:HAL-Free Report) and Schlumberger Ltd. (NYSE:SLB-Free Report). Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free. About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today. About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros. Get the full Report on BP - FREE Get the full Report on COP - FREE Get the full Report on BHI - FREE Get the full Report on HAL - FREE Get the full Report on SLB - FREE Follow us on Twitter: http://twitter.com/zacksresearch Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] http://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release. Logo - http://photos.prnewswire.com/prnh/20101027/ZIRLOGO
SOURCE Zacks Investment Research, Inc.
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@ThingsExpo Stories By Elizabeth White  SYS-CON Events announced today that Chetu Inc., a worldwide leader in custom software solutions for niche businesses, software-defined storage and data services platform, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled ni... Mar. 22, 2016 01:00 PM EDT Reads: 797 | By Elizabeth White  Electric Imp has expanded its focus to align with evolving commercial and industrial Internet of Things (IoT) opportunities.
”As our platform evolves, it is able to satisfy markets more demanding than the initial consumer segment,” said Hugo Fiennes, CEO and co-founder of Electric Imp. "Delivering over 500,000 units through our consumer device partners helped prove the scalability, reliability and usability of our platform, and now we are targeting our unique architecture at the problems facing... Mar. 22, 2016 10:45 AM EDT Reads: 857 | By Elizabeth White  @ThingsExpo has been named the ‘Top WebRTC Influencer' by iTrend.
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In overall placement, @ThingsExpo ranked as the number one ‘WebRTC Influencer' followed by @DevOpsSummit at 55th. Mar. 22, 2016 08:30 AM EDT Reads: 544 | By Liz McMillan  Symantec Corp. has announced the worldwide availability of Encryption Everywhere, a website security package available through web hosting providers. Encryption Everywhere lets web hosting providers integrate encryption into every website from the moment it is created. With the new web security service, hosting providers can offer a variety of flexible options, including basic website encryption included as part of any hosted service, and a number of premium security packages with increasingly s... Mar. 22, 2016 08:00 AM EDT Reads: 997 | By Liz McMillan  Exosite has announced its Taipei Office has formally been established. Exosite’s Taiwan operations have grown from the Taichung team, primarily focused on research and development, into a full-service IoT enablement organization with development and consulting capabilities. The new Taipei office is located in the Taipei Minsheng Dunhua district, surrounded by all its hardware and channel partners. Exosite will devote its time to the Taiwan market and expand its business into the Asia-Pacific mar... Mar. 22, 2016 03:30 AM EDT Reads: 1,279 | By Elizabeth White  SYS-CON Events announced today that LeaseWeb USA Inc., one of the world's largest hosting brands, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
LeaseWeb USA Inc. was established in 2011, a separate and distinct operating entity providing services in the USA. LeaseWeb is a trusted partner to mid-market companies, helping them find the right solution to their critical cloud-hosted needs from our global... Mar. 22, 2016 01:00 AM EDT Reads: 1,140 | By Liz McMillan  “Today’s generation of customers are always connected and well informed, but businesses are lagging behind in terms of both understanding and engaging their customers across all their channels in ways that are both relevant and consistent,” said Brian Walker, chief strategy officer, SAP Hybris.
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