Schlumberger - Upgrades & Downgrades
NEW YORK (
) -TheStreet Ratings' stock model upgraded
Schlumberger Ltd
(SLB) - Get Report
to 'Buy' from 'Hold'. Net income at this $101.9 billion market cap, oil & gas services company rose by 120.6% to $1.7 billion in the third quarter compared to the same quarter last year.
TheStreet Ratings released rating changes on 24 U.S. common stocks for November 10, 2010. In total, seven stocks were downgraded and 17 stocks have been upgraded by our stock model.
In the third quarter, gross revenue at Schlumberger grew by 26.1% to $6.8 billion over the prior third quarter. Learn more about Schlumberger:
Company Profile
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Income Statement
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Balance Sheet
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Stock Ratios
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Analyst Ratings
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$1.2 billion market cap, pharmaceutical company,
WuXi PharmaTech (Cayman)
(WX)
was upgraded to 'Buy' from 'Hold'. In third quarter results for WuXi PharmaTech (Cayman) gross revenue increased by 19.7% to $83.9 million while the company's bottom line gained 208.9% to $44.3 million over the year earlier quarter. Learn more about WuXi PharmaTech (Cayman):
Company Profile
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Income Statement
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Balance Sheet
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Stock Ratios
,
Analyst Ratings
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-- Reported by Kevin Baker in Jupiter, Fla.
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Kevin Baker became the senior financial analyst for TheStreet Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.
