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Five Stocks for Bob Dylan's 70th Birthday
Tuesday, May 24, 2011 - 5:07pm | 866So Bob Dylan turned 70 years old today. But he's still going strong, still staying in the limelight. As widely reported in the past few days, in a previously unreleased interview from 1966, he admitted kicking a heroin habit. This iconic musician also has an upcoming show in Israel with Rickie Lee...
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Massey Directors Saw 'Conspiracy' Against Company, Filings Show -Bloomberg
Tuesday, May 24, 2011 - 1:52pm | 19Directors believed that President Obama wanted to destroy Massey (NYSE: MEE).
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Coal Sector Becoming a Hotbed of Acquisition Speculation
Tuesday, May 24, 2011 - 8:18am | 275Growth in emerging markets has led to a boost in steel demand, which in turn has increased prices for the hot-burning metallurgical coal used to make steel. Analysts claim that quality met coal is in short supply, and argue that companies with ample steelmaking coal reserves are likely takeover...
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Massey Energy Statement on Davitt McAteer's UBB Mine Explosion Report
Thursday, May 19, 2011 - 12:38pm | 190Massey Energy Company (NYSE: MEE) today released the following statement regarding the release of Davitt McAteer's report on the Upper Big Branch mine explosion: "We have just received Davitt McAteer's report and are carefully reviewing it. We do have some initial observations. "We agree with Mr...
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Options Brief: Massey Energy Company (MEE)
Thursday, May 19, 2011 - 11:50am | 97Shares of Massey Energy Company (NYSE: MEE) are lower on the session by 1.75%, trading at $60.72. Overall put volume is now running at 3.10x the daily average, with 34% of all puts traded being purchases on the offer. 5,003 contracts have traded on the session so far. Massey Energy Company is a...
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Stifel Nicolaus' Changes to Rating and Price Target
Thursday, May 19, 2011 - 9:23am | 166Stifel Nicolaus summed up its rating and price target changes in today's research report. Stifel initiated coverage of PennantPark Floating Rate Capital Ltd (NASDAQ: PFLT) with a Buy rating and $14.25 target price. Stifel upgraded its rating on two companies today. Con-way Inc. (NYSE: CNW) was...
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Deutsche Bank Reports on James River Coal
Thursday, May 19, 2011 - 8:17am | 142Deutsche Bank commented on James River Coal (NASDAQ: JRCC) in a report released today. In the report, Deutsche Bank was positive in its outlook of the company. Deutsche Bank writes, “We are initiating coverage of James River Coal with a Buy rating a PT of $27. James River is an Appalachian and...
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ISS Recommends That Alpha Natural Resources and Massey Energy Company Shareholders Approve Proposed Merger
Wednesday, May 18, 2011 - 9:49am | 54Alpha Natural Resources, Inc. (NYSE: ANR) and Massey Energy Company (NYSE: MEE) announced today that Institutional Shareholder Services has recommended that shareholders of ANR and MEE vote for adoption of all board-sponsored proposals to merge the two companies.
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Ur-Energy Announces the Appointment of Wayne Heili as President and COO
Tuesday, May 17, 2011 - 9:59am | 73Ur-Energy Inc. (NYSE: URG) today announced that the Company's Vice President of Mining and Engineering, Wayne W. Heili, has been promoted to President and Chief Operating Officer and appointed as a Director of the Company. Mr. Heili will assume the role of Chief Executive Officer on August 1,...
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Mad Money Lightning Round: Cramer Advises Investors To Buy Peabody Energy (COP, ARG, MOS, POT, DTG, MLNX, RVBD, ONNN, DE, BTU)
Tuesday, May 17, 2011 - 12:22am | 334On CNBC's Mad Money, Jim Cramer said during the Lightning Round that ConocoPhillips (NYSE: COP) reported a “nasty quarter. It almost yields 4%. At 4% you can start buying." Cramer likes Airgas (NYSE: ARG) and its CEO, Peter McClausland. He added, “I think that stock won't go much lower." He...
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Consumer Now in Question 05-16-2011
Monday, May 16, 2011 - 7:03pm | 953Cusick's Corner Breach! Pressure mounts in Washington as the debt ceiling was breached (bad for the postal pension holders), sending the bond markets to their best levels. Government pension holders will be the backstop at least through the summer. In the commodity world, the floods along the...
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Massey Will Stay Neutral Toward Alpha Natural Debt Tender Offer
Monday, May 16, 2011 - 4:08pm | 266Massey Energy Company (NYSE: MEE) today announced that its Board of Directors had confirmed a decision to express no opinion and remain neutral toward the offer by Alpha Natural Resources, Inc. on May 3, 2011, to purchase any and all of Massey's outstanding 6.875% Senior Notes due 2013 (the "Tender...
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Puts Purchased on USEC Inc. (USU)
Monday, May 16, 2011 - 3:32pm | 128Shares of USEC Inc. (NYSE: USU) are lower on the session by 0.70%, currently trading at $4.23. The stock has been moving largely lower over the past five months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while...
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Arch Coal Commences Tender Offer to Acquire ICG for $14.60 per Share
Monday, May 16, 2011 - 8:31am | 125Arch Coal, Inc. (NYSE: ACI) today announced that a wholly owned subsidiary of Arch, Atlas Acquisition Corp., has commenced the previously announced tender offer to acquire all of the outstanding shares of International Coal Group, Inc. (NYSE: ICO) common stock for $14.60 per share in cash without...
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Friday the 13th Somewhat Scary in the Markets 05-13-2011
Friday, May 13, 2011 - 6:23pm | 1039Cusick's Corner Here's something to look at over the weekend, check out options volatility ahead of earnings. Log into your optionsXpress account and check out the Volatility View chart, plus go to our Options Chains to see the Implied Volatility & Greeks on a strike-by-strike basis. Stocks...