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Top 10 Best-Performing Coal Stocks Picks on 5/3/11: YZC, MEE, ARLP, CNX, AHGP, RNO, OXF, ICO, WLB, PCX
Tuesday, May 3, 2011 - 1:20pm | 1369International Coal Group Inc. (NYSE:ICO) a producer of coal in Northern and Central Appalachia is trading at a price of $14.46, a dramatic change of +0.03 (0.21%) from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of...
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Jefferies Comments On Alpha Natural Resources Following Recent Earnings Release
Tuesday, May 3, 2011 - 10:14am | 160Alpha Natural Resources (NYSE: ANR) reported adjusted EPS of $0.65 per share versus Jefferies expectations of $0.90 and consensus of $0.91. Costs and longwall moves hit the quarter, but met coal pricing quotes appear quite strong for its high vol mix. Alpha Natural Resources delivered results for...
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Benzinga's Top Downgrades (ICO, DISH, VLCM)
Tuesday, May 3, 2011 - 9:50am | 103International Coal Group Inc (NYSE: ICO) was downgraded by Brean Murray from "buy" to "hold." ICO's shares closed at $14.43 yesterday. ICO's trailing-twelve-month profit margin is 2.58%. Hudson Square Research downgraded DISH Network Corporation (NASDAQ: DISH) from “buy” to “hold.” DISH's stock...
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Citi Reports Arch Coal To Acquire ICO
Tuesday, May 3, 2011 - 9:15am | 134According to Citi, Arch Coal (NYSE: ACI) announced that it has reached an agreement to acquire the outstanding shares of thermal and met coal miner International Coal Group (ICO) for $14.60/sh cash for a transaction value of $3.4 billion. Citi said that ACI plans to commence a tender offer for ICO...
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Dahlman Rose Comments On Arch Coal Following Acquisition Of International Coal
Tuesday, May 3, 2011 - 9:10am | 219Arch Coal (NYSE: ACI) has agreed to purchase International Coal (NYSE: ICO) for $14.60/share, a 32% premium to the $11.03/share ICO close Friday. The combined company will be one of the most diverse in the US. The deal is organized as an all cash tender offer and is expected to close in 2Q11,...
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Benzinga's Top Upgrades (ACI, HERO, GM, DISH)
Tuesday, May 3, 2011 - 9:03am | 129Brean Murray upgraded Arch Coal Inc (NYSE: ACI) from “hold” to “buy.” ACI's shares closed at $33.53 yesterday. Arch Coal's PEG ratio is 0.17. FBR Capital upgraded Hercules Offshore Inc (NASDAQ: HERO) from “underperform” to “outperform.” HERO's shares closed at $5.97 yesterday. HERO's trailing-...
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Upgrades Downgrades, Stocks to Watch May 3
Tuesday, May 3, 2011 - 8:52am | 279Molycorp, Inc. (MCP) Price target raised to $125 from $85 - Dahlman Rose - 2-3rd tier firm. Up over $1.00 pre mkt with the futures down Arch Coal, Inc (ACI) upgraded hold to buy at Brean Murray - price target raised from $32 to $43 Reasearch in Motion Limited (RIMM) RW Baird lowers them to 41 from...
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International Coal Group Receives Verdict In Allegheny Litigation
Tuesday, May 3, 2011 - 7:37am | 85International Coal Group, Inc. (NYSE: ICO) announced that it received on Monday afternoon, May 2, 2011, an adverse trial court ruling in the action filed by Allegheny Energy Supply and Monongahela Power Company in the Court of Common Pleas of Allegheny County, Pennsylvania. In its ruling today,...
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International Coal Group Receives Verdict In Allegheny Litigation (ICO)
Tuesday, May 3, 2011 - 7:33am | 84International Coal Group (NYSE: ICO) announced that it received on Monday afternoon, May 2, 2011, an adverse trial court ruling in the action filed by Allegheny Energy Supply and Monongahela Power Company in the Court of Common Pleas of Allegheny County, Pennsylvania. In its ruling today, the...
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Alpha Natural Resources Reports Q1 EPS of $0.65 vs. $0.91 Estimate; Revenues $1.13B vs. $1.06B Estimate (ANR)
Tuesday, May 3, 2011 - 7:14am | 24Alpha Natural Resources (NYSE: ANR) Reports Q1 EPS of $0.65 vs. $0.91 Estimate; Revenues $1.13B vs. $1.06B Estimate
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CEOWORLD TOP Basic Materials stocks picks on 5/3/11- NNBR, OMN, LBIX, CPGI, NL, GEVO, SUTR, ONP, IP, CTIB, ALTI, CCJ, BEST…
Tuesday, May 3, 2011 - 5:30am | 1665NL Industries Inc. (NYSE:NL)- a holding company is trading at a price of $15.99, a dramatic change of 12.29% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 48.66M. China Shengda Packaging Group Inc...
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Massey Energy Reports Q1 Revenues $949.8M vs. $906.65M Estimate (MEE)
Monday, May 2, 2011 - 5:08pm | 19Massey Energy Reports Q1 Revenues $949.8M vs. $906.65M Estimate (NYSE: MEE)
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Where's the Top? 05-02-2011
Monday, May 2, 2011 - 4:35pm | 933Cusick's Corner Top terrorist taken out, market runs overnight and now we have leveled out a break even into the Midday. The news of Bin Laden's death sent a wave of emotion into the overnight markets, but reality of a weak dollar, lagging Tech (XLK) and Financial (XLF) sectors, dragged on this...
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Top Narrow Based Indexes For May 2 (ICO, DMED, DISH)
Monday, May 2, 2011 - 10:56am | 216By 10:52 am, the Dow Jones Industrial Average was up 52.71 points, or 0.41%, to 12,863.25, while the broader Standard & Poor's 500 index had gained 5.67 points, or 0.42%. The NASDAQ composite index rose 12.13 points, or 0.42%. Some of the narrow based indexes that are driving the markets are...
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Morning Market Movers (DMED, ICO, VLCM, PFED)
Monday, May 2, 2011 - 9:59am | 142D. Medical Industries Ltd (NASDAQ: DMED) jumped 33.33% to $4.64 at 9:55 am. The US Food and Drug Administration (FDA) granted DMED's subsidiary, Spring-Set Health Solutions Ltd, 510(k) clearance to market its Sprin Universal Infusion Sets in the United States. International Coal Group Inc (NYSE:...