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Energy Services Acquisition Corporation (AMEX:ESA) has been downgraded by TheStreet Ratings from from a buy to hold.
TheStreet Ratings released rating changes on 10 U.S. common stocks for December 21, 2010. Seven stocks were upgraded and three stocks were downgraded by our stock model.
Lack of drilling activity is leading U.S. oil services companies like Helmerich & Payne lower today, as investors wonder if their dollars are headed for wells or simply the abyss.
Blackstone's move to take Extended Stay private could presage a few more deals.
The industry leader's guidance raises hopes for a long-awaited rebound in business travel.