SOURCE: Analyst Choice

Analyst Choice

November 23, 2009 07:04 ET

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 (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. (NYSE: NXY), Rowan Companies Inc. (NYSE: RDC), Pride International Inc. (NYSE: PDE), PMI Group Inc. (NYSE: PMI), Chevron Corp. (NYSE: CVX) and Owens Corning (NYSE: OC). You can now access these research reports with many others by signing up at Analyst Choice.

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
--  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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