Agricultural Products

AES Corp. (AES) entered into an agreement with BG Energy Holdings (BG) to acquire its subsidiary Premier Power Limited for £99 million or approximately $150 million. Premier Power owns 1,246 MW natural gas-fired Ballylumford Power Station in County Antrim, Northern Ireland.  The deal is expected...

The Neolithic people used ethanol as a beverage 9,000 years ago, according to some researchers. Ethanol was first used as fuel in 1840 as lamp fuel. With the price of oil bouncing way above $70 a barrel, fuel alternatives such as ethanol are receiving closer examination. For a list of all the...

Analysts at Citigroup reiterate their "hold" rating on Corn Products International Inc (NYSE: CPO), while revising their estimates for the company. The target price for CPO is set to $37. According to Citigroup, “Corn Products has announced an agreement to acquire National Starch, a specialty...

Reuters has reported that the U.S. Department of Energy has asked for further testing on the safety of raising the ethanol blend wall above 10%. This may delay the Environmental Protection Agency’s decision on this topic. The EPA was expected to have test results available by the end of this month...

Shares of Bunge Limited Co. (NYSE: BG) are higher on the session by 1.47%, currently trading at $50.99. The stock has been falling sharply as of late and is trading below both the 50-day and 200-day moving averages. Options traders are betting that any rally in the stock will be muted as they are...

At 11:18 p.m., Dow gained 226.88, or 2.29%, to 10,126.13, while the broader Standard & Poor's 500 index rose 24.87, or 2.36%, to 1,080.56. The Nasdaq composite index added 45.32, or 2.10%, to 2,204.17. The industries that are driving the market today are: Independent Oil & Gas: The top...

U.S. equity markets staged a dramatic turnaround to the downside in today's trading session. After posting big gains in morning trading, the Dow turned around in the afternoon sending the index down 40.76 points to close at 9,899.25. The after hours trading session has been very quiet on the...

Cusick's Corner Each day we discuss noteworthy action in the index and ETF markets. What's the difference between these two products? An index is simply a benchmark used to track the prices of a basket of stocks. It cannot be bought or sold. The S&P 500 Index is one of the most widely watched....

Cusick's Corner The market has pulled back and the volume and sentiment is lower. With this sentiment change, volatility popping in the last week and the appetite for risk, bonds may be signaling a short term support. The After Hours should be light now that all the data and traders are fleeing out...

Below are the top 5 small-cap consumer goods stocks on the NASDAQ in terms of PEG ratio. AgFeed Industries Inc (NASDAQ: FEED) has a PEG ratio of 0.23. FEED has slipped 57.39% during the past 52 weeks, while the S&P 500 has gained 13.33% over the same period. Fuqi International Inc (NASDAQ: FUQI...

CEMEX, S.A.B. de C.V. (CX), one of the largest cement makers, made an issue of 634.6 million new Ordinary Participation Certificates (CPO) to its existing shareholders. Out of the above, 384.6 million CPOs were issued instead of cash dividend where every holder of 25 Cemex CPOs will receive 1 new...

Shares of Origin Agritech Limited (NASDAQ: SEED) are markedly higher on the session by 14.34%, currently trading $9.25. The stock has been grinding lower for the past few months, but has breeched the 50-day and 200-day to the upside with today’s rally. Options trading in the name is favoring call...

Analysts at Chardan upgrade Origin Agritech (NASDAQ: SEED) from "neutral" to "buy." The target price for SEED is set to $18. SEED’s shares closed at $8.09 yesterday. More Analyst Ratings here

OmniVision Technologies Inc (NASDAQ: OVTI) soared 10.04% to $20.05 in the pre-market session. OVTI’s Q4 revenue beat expectations and its Q1 revenue forecast was ahead of Wall Street expectations. Origin Agritech Ltd (NASDAQ: SEED) added 3.46% to $8.37 in pre-market trading. Yesterday, SEED...

The markets are showing mixed results. By 12:24 pm, the Dow Jones Industrial Average had lost 26.61, or 0.26%, to 10,166.78 and S&P 500 index had dipped 0.91, or 0.08%. Meanwhile, the NASDAQ had added 11.45, or 0.51%. Some of the few narrow based indexes that are supporting the market are the...