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Mad Money Lightning Round: Cramer Likes Caterpillar
Tuesday, August 23, 2011 - 2:22am | 247On CNBC's Mad Money, Jim Cramer said during the Lightning Round that USG Corp (NYSE: USG) is “totally the wrong stock down here. It could go below $5." Cramer said, “Everybody hates Caterpillar (NYSE: CAT) but I have liked it for years. I'm not going to cut and run now. I like it as it approaches...
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BMO Capital Markets Comments on Alpha Natural Resources
Monday, August 22, 2011 - 5:28pm | 142BMO Capital Markets provided color on Alpha Natural Resources (NYSE: ANR) in a research report published today. BMO Capital Markets has previously given ANR Natural Resources an Outperform rating and $55 price target. In the report, BMO Capital Markets states, "Alpha announced a US$600M share...
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Citi Has Buy On CONSOL Energy
Friday, August 19, 2011 - 6:57am | 145Citi Investment Research is out with a research report on CONSOL Energy (NYSE: CNX) and it has a Buy rating and a $57 price target on shares. In a note to clients, Citi Investment Research writes, "This JV is a positive for CNX shareholders as it allows the company to monetize assets without...
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UPDATE: J.P. Morgan Raising Price Target On CONSOL Energy
Friday, August 19, 2011 - 6:45am | 208J.P. Morgan Chase & Co. is out with a research report on CONSOL Energy (NYSE: CNX) and is raising its price target to $79 from $76, and keeping its Overweight rating. In a note to clients, J.P. Morgan Chase & Co. writes, "Consol has delivered on its promise to accelerate development of its...
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JP Morgan Raises PT on CONSOL Energy To $79
Friday, August 19, 2011 - 5:17am | 27JP Morgan has raised the price target on CONSOL Energy (NYSE: CNX) from $76 to $79 and maintains its Overweight rating.
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Rodman & Renshaw Maintains Market Outperform, PT
Thursday, August 18, 2011 - 10:31am | 127Rodman & Renshaw maintained its UR-Energy (NYSE: URG) Market Outperform / Speculative Risk rating and $2.52 price target in a research report published today. In the report, Rodman & Renshaw states, "On August 17, 2011, the U.S.Nuclear Regulatory Commission (NRC) issued the Safety...
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The U.S. Dollar Index Soars As Fear Takes Over
Thursday, August 18, 2011 - 9:08am | 218This morning, the U.S. Dollar Index futures (DX U1) are soaring higher by 0.53 cents to $74.29 per contract. As we all know by now, when the U.S. Dollar Index trades higher the major stock indexes will usually come under selling pressure. Selling pressure might be an understatement, the Dow Jones...
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Pre-Market Movers; CONSOL Energy Up on Marcellus Shale JV
Thursday, August 18, 2011 - 8:17am | 109CONSOL Energy (NYSE: CNX) +9.50% on Marcellus Shale joint venture announcement. NetApp (NASDAQ: NTAP) -15.03% on weak sales outlook. MGM Resorts International (NYSE: MGM) -11.87% on Tracinda divestment. Wi-Lan (NASDAQ: WILN) -9.70% on bid for Mosaid. Ancestry (NASDAQ: ACOM) -9.51%. HCA...
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CONSOL Energy Announces Commencement of Consent Solicitation From Holders of Its Senior Notes
Thursday, August 18, 2011 - 7:03am | 68CONSOL Energy Inc. (NYSE: CNX) today announced that it is soliciting consents to proposed amendments from the holders of its outstanding senior notes listed below. As part of its strategy to develop its extensive position in the Marcellus and other shale plays, CNX Gas Company LLC, a CONSOL...
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Benzinga's Top Pre-Market Gainers
Thursday, August 18, 2011 - 6:59am | 145Perry Ellis International Inc (NASDAQ: PERY) soared 6.38% to $18.83 in the pre-market trading. PERY swung to a fiscal second-quarter profit and raised its earnings forecast for the year. CONSOL Energy Inc (NYSE: CNX) moved up 6.08% to $45.00 in the pre-market session. CNX agreed to sell a 50%...
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CONSOL Energy and Noble Energy Enter into a Joint Venture for CONSOL's Marcellus Shale Acreage
Thursday, August 18, 2011 - 6:01am | 79CONSOL Energy Inc. (NYSE: CNX) announced today that it has entered into an agreement with Noble Energy, Inc. (NYSE: NBL) for the joint development of CONSOL's 663,350 Marcellus Shale acres in Pennsylvania and West Virginia for aggregate payments to CONSOL of approximately $3.4 billion. Under the...
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Ur-Energy Announces Receipt of Final NRC License
Wednesday, August 17, 2011 - 3:38pm | 209Ur-Energy (NYSE: URG) announces that the U.S. Nuclear Regulatory Commission (NRC) has completed its review of the Lost Creek Project Technical Report and has issued the Safety Evaluation Report and the Final Source and Byproduct Materials License. The Company previously announced the NRC's...
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Peabody Still Struggling To Get Hands On Macarthur
Tuesday, August 16, 2011 - 10:03pm | 222Australia's Macarthur Coal, the world's largest maker of pulverized coal for steel production, continues to urge its shareholders to take no action on a $5.2 billion takeover from Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT), calling the offer “opportunistic” due to a murky regulatory...
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USEC, Toshiba, and Babcock & Wilcox Extend Standstill Agreement
Monday, August 15, 2011 - 8:07am | 99USEC Inc. (NYSE: USU) announced today that it has entered into an amendment to its standstill agreement with Toshiba America Nuclear Energy Corporation, and Babcock & Wilcox Investment Company to extend the agreement through September 30, 2011. The amended agreement provides a limited...
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Benzinga's Top Pre-Market Losers
Thursday, August 11, 2011 - 7:27am | 119Sara Lee Corp (NYSE: SLE) dipped 5.55% to $16.35 in the pre-market session. Sara Lee reported a decline in its Q4 profit. American International Group Inc (NYSE: AIG) moved down 4.07% to $21.24 in the pre-market session. AIG shares have dipped 41.49% over the past 52 weeks, while the S&P 500...