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Focus is on Dollar & Greece 05-13-2011
Friday, May 13, 2011 - 3:11pm | 1100Cusick's Corner Stocks are in the red this Midday after some decent GDP numbers in the EU. But the focus is on the Dollar and the potential implications of a worsening situation in Greece. I know that I have been talking about this all week, but at this stage in the game this is really the focal...
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Top day traders Stocks and nalyst Upgrades & Downgrades on 5/13/11- NVDA, PNSN, VRML, A, YHOO, DF
Friday, May 13, 2011 - 9:49am | 1206NVIDIA Corporation (NVDA), provider of visual computing technologies and the inventor of the graphics processing unit, is down 6.3% premarket to $19.22, relative to a 52-week range of $8.65-$26.17. Penson Worldwide (PNSN), provider of a range of critical securities and futures processing...
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Alpha Natural Resources Announces Public Offering of $1.5B Senior Notes
Friday, May 13, 2011 - 9:00am | 90Alpha Natural Resources, Inc. (NYSE: ANR) today announced that it intends to offer approximately $1.5 billion aggregate principal amount of its senior notes. The notes will be guaranteed on a senior unsecured basis by certain of Alpha's subsidiaries. The offering is subject to market and other...
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Dahlman Rose Maintains Hold on Denison Mines (DNN)
Friday, May 13, 2011 - 8:12am | 111Dahlman Rose is out with its report today on Denison Mines (NYSE: DNN), maintaining Hold. In a note to clients, Dahlman Rose writes, "We continue to believe that the company is positioned to perform better when uranium prices recover. But over the near to medium-term, we do not see a catalyst to...
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Under The Hood: Save This ETF For Later
Thursday, May 12, 2011 - 1:16pm | 381In this moment, materials stocks probably aren't a group most investors want to dance with. Inflation concerns, the end of quantitative easing and slower-than-expected economic growth in China have all rained on the materials parade. That doesn't mean the party is over permanently and when...
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Benzinga's Top Upgrades (SYMC, HSY, ACI, AJG)
Thursday, May 12, 2011 - 12:03pm | 138Analysts at Bank of America upgraded Symantec Corp (NASDAQ: SYMC) from “underperform” to “neutral.” SYMC's shares closed at $19.41 yesterday. Symantec's trailing-twelve-month revenue is $6.05 billion. Analysts at Argus upgraded Hershey Company (NYSE: HSY) from “hold” to “buy.” HSY's shares are...
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Uranium Resources Receives Exploration Permit for Los Finados Project in South Texas
Thursday, May 12, 2011 - 9:02am | 50Uranium Resources, Inc. (NASDAQ: URRE) announced today that the Surface Mining and Reclamation Division of the Railroad Commission of Texas granted URI a permit to conduct exploratory drilling on the 54,847 acres in Kenedy County, Texas, known as the ‘Los Finados Project.'
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A Peek Into The Market Before The Trading Starts
Thursday, May 12, 2011 - 7:55am | 421Pre-open movers US stock futures are lower this morning, after decline in commodity prices and global equity markets. Futures on the Dow Jones Industrial Average dropped 64 points to 12,533.00 and futures on the S&P 500 stock index fell 7.40 points to 1,331.30. Nasdaq 100 futures declined 17.50...
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Uranium Energy Corp to Acquire a Large Uranium Project in Paraguay
Thursday, May 12, 2011 - 7:31am | 178Uranium Energy Corp (NYSE: UEC) announces that, effective May 11, 2011, the Company has entered into a Share Exchange Agreement with a Nevada company whereby the Company is acquiring a Paraguayan company which holds a 100% legal and beneficial interest in two unencumbered prospecting permits...
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Is It Time To Look At Uranium Plays Again? (URA)
Wednesday, May 11, 2011 - 10:35am | 343Uranium exchange-traded funds and shares of companies involved in the uranium sector are buoyant again after the waterfall event in March. Some analysts and forecasters say that now is the time to add uranium to your portfolio. These market experts point to the world's ever growing demand for...
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International Coal Group Announces Postponement of 2011 Annual Meeting (ICO)
Wednesday, May 11, 2011 - 8:37am | 114International Coal Group, Inc. (NYSE: ICO) announced today that, as a result of the definitive agreement it signed on May 2, 2011 with Arch Coal, Inc. under which Arch will acquire all of the outstanding shares of the Company, the 2011 Annual Meeting of Stockholders previously scheduled for May 18...
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Three Winning Coal Names For $120 Oil (WLT, BTU, JRCC)
Tuesday, May 10, 2011 - 2:43pm | 217Coal names will no doubt attract more investors as the dollar weakens and the price of oil surges. Below are the three best value coal plays by earnings. Walter Energy - Walter Energy (NYSE: WLT) is by far the best value play in coal, with an EPS of $8 per share. Walter moved up in lock step with...
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Statement From Peabody Energy Regarding a "Spoof" Website
Tuesday, May 10, 2011 - 11:26am | 172Earlier today, an activist group released a "spoof" website claiming to be sponsored by Peabody Energy (NYSE: BTU). The site is in fact a hoax, making inaccurate claims about Peabody and coal. Peabody is proud to help hundreds of millions of people live longer and better through coal-fueled...
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Options Brief: James River Coal Company (JRCC)
Monday, May 9, 2011 - 3:32pm | 80Shares of James River Coal Company (NASDAQ: JRCC) are higher on the session by 4.08%, trading at $23.75. Overall call volume is now running at 2.24x the daily average, with 68% of all calls traded being purchases on the offer. 2,490 contracts have traded on the session so far. James River Coal...
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Dahlman Rose Maintains Buy and PT of $40 on Cameco Corporation (CCJ)
Monday, May 9, 2011 - 10:18am | 125Dahlman Rose maintained its Buy rating and PT of $40 on Cameco Corporation (NYSE: CCJ), in spite of worse than expected Q1 results. In a research report published today, Dahlman justified its decision by claiming it expects that the demand for uranium will pick up in the near-future, which will...