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Massey Slumps Third Time in a Row - Analyst Blog
Wednesday, February 2, 2011 - 10:00am | 1004Coal miner, Massey Energy Company (MEE) has reported an adjusted loss for the third consecutive quarter. The company's fourth quarter witnessed a loss of 69 cents per share, significantly higher than the Zacks Consensus Estimate of a loss of 34 cents. The disappointing quarter results stemmed...
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PEG Ratio vs. P/E - Screen of the Week
Tuesday, February 1, 2011 - 2:31pm | 229Kevin Matras talks about the PEG Ratio and explains how to use it for finding undervalued companies. Highlighted stocks include AVT, BTU, CSX, SOL and TD. AVNET (AVT): Free Stock Analysis Report PEABODY ENERGY (BTU): Free Stock Analysis Report CSX CORP (CSX): Free Stock Analysis Report RENESOLA LT-...
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Deutsche Bank Issues Industry Alert - Metals And Mining (AA, ANR, ACI, ABX, CLF, FCX, NUE)
Tuesday, February 1, 2011 - 12:17pm | 185Deutsche Bank published an industry alert on the Metals and Mining industry this morning following updates on several companies. In the report, Deutsche bank highlighted the iron ore export ban in Karnataka, stating that as reported, the ban will be lifted in the next couple weeks after India's...
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Options Brief: Cameco Corporation (CCJ)
Tuesday, February 1, 2011 - 11:30am | 95Shares of Cameco Corporation (NYSE: CCJ) are higher on the session by 3.83%, trading at $43.06. Overall call volume is now running at 2.08x the daily average, with 38% of all calls traded being purchases on the offer. 6,484 contracts have traded on the session so far. Cameco Corporation is a...
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Company News for February 01, 2011 - Corporate Summary
Tuesday, February 1, 2011 - 10:31am | 597• ExxonMobil (NYSE:XOM) reported Q4 EPS of $1.85, ahead of the Zacks Consensus Estimate of $1.68 per share. Revenues for the quarter rose to $105.2 billion, lower than the Zacks Consensus Estimate of $113.268 billion • Alpha Natural Resources (NYSE:ANR) announced a plan to acquire fellow...
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Stock Market News for Feb 01, 2011 - Market News
Tuesday, February 1, 2011 - 10:31am | 1298Markets closed in the green on Monday as strong earnings results from Exxon Mobil (NYSE:XOM) and positive economic data help offset concerns about political unrest in Egypt. The Dow Jones Industrial Average rose by 0.6% to close at 11,891.93. The blue-chip index gained 2.7% in January, the best...
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Stock Market News for Feb 01, 2011 - Market News
Tuesday, February 1, 2011 - 10:16am | 1298Markets closed in the green on Monday as strong earnings results from Exxon Mobil (NYSE:XOM) and positive economic data help offset concerns about political unrest in Egypt. The Dow Jones Industrial Average rose by 0.6% to close at 11,891.93. The blue-chip index gained 2.7% in January, the best...
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Deutsch Bank Issues Alert On Patriot Coal (PCX)
Tuesday, February 1, 2011 - 10:14am | 163Deutsch Bank has published a research report on Patriot Coal (NYSE: PCX) today after Patriot Coal reported its Q4 2010 earnings. In the report, Deutsche Bank states, "PCX issued volume guidance of 30-32m t (vs. DBe of 32m t), with 8-8.4m t of met coal (above DBe of 7.4m t). Since 3Q call, it booked...
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Company News for February 01, 2011 - Corporate Summary
Tuesday, February 1, 2011 - 10:12am | 597• ExxonMobil (NYSE:XOM) reported Q4 EPS of $1.85, ahead of the Zacks Consensus Estimate of $1.68 per share. Revenues for the quarter rose to $105.2 billion, lower than the Zacks Consensus Estimate of $113.268 billion • Alpha Natural Resources (NYSE:ANR) announced a plan to acquire fellow...
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UBS Downs MEE To Neutral
Tuesday, February 1, 2011 - 7:19am | 40Analysts at UBS downgrade Massey Energy Company (NYSE: MEE) from “buy” to “neutral.” MEE shares surged 9.84% to close at $62.86 yesterday. More Analyst Ratings here
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Patriot Coal Reports 8 Cents EPS (PCX)
Tuesday, February 1, 2011 - 7:10am | 159Patriot Coal Corporation (NYSE: PCX) released financial results on Tuesday morning. Patriot Coal Corporation reported that its 4th quarter net income fell to $7.3 million, or 8 cents per share, down from $10.9 million, or 12 cents per share, a year earlier. Patriot Coal Corporation reported revenue...
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PEG Ratio vs. P/E - Screen of the Week
Tuesday, February 1, 2011 - 1:00am | 229Kevin Matras talks about the PEG Ratio and explains how to use it for finding undervalued companies. Highlighted stocks include AVT, BTU, CSX, SOL and TD. AVNET (AVT): Free Stock Analysis Report PEABODY ENERGY (BTU): Free Stock Analysis Report CSX CORP (CSX): Free Stock Analysis Report RENESOLA LT-...
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Mike Khouw's Patriot Coal Corporation (PCX) Trade
Monday, January 31, 2011 - 8:31pm | 155Mike Khouw said on CNBC's Options Action that Patriot Coal Corporation (NYSE: PCX) performed very well so far. It gained 35% this year, and it added more than 100% in the last six months. He added that you have to be cautious with the stock that has moved so sharply. Patriot Coal (PCX) will report...
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Put Action Has Picked Up 01-31-2011
Monday, January 31, 2011 - 5:41pm | 967Cusick's Corner Egypt should not to be viewed as the main cause of the market's volatility, this event is happening during a time of already increasing volatility. Wheat markets will be the most effected and any potential slowdown happening in this exporting nation will add some short-term...
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Merger Beckons Massey and Alpha - Analyst Blog
Monday, January 31, 2011 - 5:31pm | 676Appalachian coal miner Massey Energy Company (MEE) has agreed to merge its resources with Alpha Natural Resources Inc. (ANR) to make good its losses since the deadly coal mining accident that occurred in April 2010. Massey Energy's quarterly results have been on the negative side following the...