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Benzinga's Top ETF Gainers, March 18th (URA, EZJ, AGQ, DAG)
Friday, March 18, 2011 - 9:48pm | 182Global X Uranium ETF (NYSE: URA) traded 9.19% higher on Friday. In the space, Cameco Corporation (USA) (NYSE: CCJ) spiked 4.63%, and Uranium One, Inc. (TSE: UUU) gained 13.58%. ProShares Ultra MSCI Japan (NYSE: EZJ) gained 5.77%, and it closed at $69.15. Canon Inc. (ADR) (NYSE: CAJ) jumped 2.44%,...
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Uranium Resources Up 21% (URRE)
Friday, March 18, 2011 - 1:37pm | 85Uranium Resources, Inc. (NASDAQ: URRE) shares are skyrocketing today, as concerns start to abide over the uranium miners. At last check, shares of Uranium Resources were up 35 cents to $1.98, a gain of over 21% on more than 9 million shares, which is more than twice the company's average daily...
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James River Coal Rises 4% (JRCC)
Friday, March 18, 2011 - 11:35am | 79Shares of James River Coal (NASDAQ: JRCC) are surging today on heavy volume. The stock has risen around 4% and is trading at $23.85. Volume is heavy with more than 1.5 million JRCC shares already trading hands compared to a daily average volume of 866,000. The markets are off of their highs for...
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Jefferies Overweight On Consol Energy (CNX)
Friday, March 18, 2011 - 7:22am | 106Jefferies & Co. has an Overweight rating on shares of Consol Energy (NYSE: CNX). In a note to clients, Jefferies writes, "Recent events should lead to increased demand for thermal and metallurgical coals. We believe global coal producers appear to have an ability to benefit from expected...
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Fast Money Picks For March 18th (WAB, JPM, JRCC, VLO)
Thursday, March 17, 2011 - 8:06pm | 236On CNBC's Fast Money, Joe Terranova said that if you like the FedEx's (NYSE: FDX) story you will like the rails too. This trade removes the risk of fuel. Guy Adami commented that if you like the FedEx's story, and you like the rails, than you will like Wabtec Corporation (NYSE: WAB). Wabtec...
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Buyers Step Back In 03-17-2011
Thursday, March 17, 2011 - 6:37pm | 877Cusick's Corner Buyers stepped back in today after a three day slide. Strong economic reports helped boost moods on Wall Street, temporarily putting aside fears over Japan's crisis. Heavy trading in the iShares Japan ETF (EWJ) continued for another day (see ETF Trading). The CBOE Volatility...
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Opening Drop & Pop
Thursday, March 17, 2011 - 4:29pm | 967Cusick's Corner With the drop and pop on the open today, the Midday has been chopping in a range, SPX 1270-1275. This has been an emotional couple of days, VIX back down to 26, and the market may be willing to take a rest into the Expiration tomorrow. While headline risk is still very real at this...
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Natural Resource Partners Secondary Offering Priced at $35.60 per Unit
Thursday, March 17, 2011 - 8:47am | 62Natural Resource Partners L.P. (NYSE: NRP) today announced the pricing of a secondary public offering of 6 million common units owned by Adena Minerals. The public offering price is $35.60 per unit. The underwriters have been granted a 30-day option to purchase up to 900,000 additional common...
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Fast Money Pops & Drops, March 16th (IBM, RMBS, IHG, MMI, BTU)
Wednesday, March 16, 2011 - 9:28pm | 306On CNBC's Fast Money, Karen Finerman said that she likes International Business Machines Corp. (NYSE: IBM), but she wouldn't buy it at this point, because she sees more downside for this stock. International Business Machines Corp. (IBM) fell 3.79% in the regular trading session, and it lost...
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Contagion is the Word of the Day 03-16-11
Wednesday, March 16, 2011 - 6:58pm | 923Cusick's Corner Crisis, big volume, and the market finished right off the lows as we enter into Expiration. This is going to add some fuel (as I noted in the Midday) because there are a lot of strategists who were short puts (long delta & short gamma), who are now selling the underlying to...
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Uranium Resources Inc. Owner Sells 1,000,000 Shares of URRE
Wednesday, March 16, 2011 - 4:35pm | 61In a Form 4 filed earlier today, Uranium Resources Inc. (NASDAQ: URRE) Owners, Austin Marxe & David Greenhouse, reported that they sold 1,000,000 shares of URRE on March 14th for an average price of $1.70. The transaction totaled $1,700,000. They own 8,890,900 indirect shares of URRE....
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Natural Resource Partners L.P. Announces Secondary Offering of 6M Units by Adena Minerals
Wednesday, March 16, 2011 - 4:11pm | 84Natural Resource Partners L.P. (NYSE: NRP) today announced the commencement of a secondary public offering of 6 million common units representing limited partner interests in Natural Resource Partners L.P. through an offering registered under the Securities Act of 1933, as amended. The common...
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Bears Come Out of Hibernation 03-16-2011
Wednesday, March 16, 2011 - 3:12pm | 1042Cusick's Corner If you are a Bear then you have come out of hibernation. The data, PPI and Housing, were worse than expected. Earlier today an EU atomic expert made a statement that the situation in Japan is “out of control”. The headlines and data put this market on alert and rightfully so. This...
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What's on Your Stock-Shopping List? (XOM, CCJ, NE, FCX, ADM, PCL, CRESY, BHP, RTP)
Wednesday, March 16, 2011 - 11:46am | 1016On Monday I suggested writing up a list of stocks that you'd like to own, or would like to own more of. Shares of almost everything have been getting hammered lately, as the market has looked for an excuse to take a breather from what can only be called a break-neck...
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Coal Stocks Shooting Up (BTU, ANR, WLT)
Wednesday, March 16, 2011 - 10:04am | 121The coal stocks are having a good day today, as names like Peabody Energy Corporation (NYSE: BTU), Alpha Natural Resources, Inc. (NYSE: ANR) and Walter Energy, Inc. (NYSE: WLT) are all benefiting from the concerns over nuclear power as an energy source in the future. Walter Energy, Inc. (NYSE: WLT...