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Wednesday's S&P 500 Sector Recap: Hottest and Coldest Sectors
Wednesday, July 27, 2011 - 4:36pm | 1734The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...
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BMO Reiterates Market Perform on Patriot Coal, Reduces PT to $20
Wednesday, July 27, 2011 - 2:26am | 36BMO reiterated its Market Perform rating on Patriot Coal (NYSE: PCX). At the same time, the rating agency reduced its price target on the company's stock from $26 to $20.
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CONSOL Energy Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter
Monday, July 25, 2011 - 12:49pm | 603CONSOL Energy (NYSE: CNX) releases its next round of earnings this Thursday, July 28, 2011. Here is Benzinga's everything-that-matters guide for this Thursday's second quarter earnings announcement. Earnings and Revenue: Wall Street expects a EPS of 76 cents per share and revenues of $1.41...
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Benzinga's Top ETF Gainers, July 22nd (SOXL, SGG, URA, TYH)
Friday, July 22, 2011 - 6:04pm | 177Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) led the gainers among the ETFs on Friday, with an increase of 6.77%. In the semiconductor space, Advanced Micro Devices, Inc. (NYSE: AMD) spiked 19.23%, and SanDisk Corporation (NASDAQ: SNDK) added 9.62%. iPath Dow Jones-UBS Sugar Subindex...
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Mike Khouw's Peabody Energy Corporation (BTU) Trade
Thursday, July 21, 2011 - 7:29pm | 124On CNBC's Options Action, Mike Khouw talked about an option strategy in Peabody Energy Corporation (NYSE: BTU). He said that you can still sell options when everybody is talking about declining volatility. In these situations, he is watching the companies that are relatively under performing, but...
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This Coal Stock May Get Acquired, Should You Buy It?
Thursday, July 21, 2011 - 9:29am | 732Takeovers are like Christmas morning for Wall Street. Everyone gets excited and wonders what's next. We could see some consolidation in the coal space, and investors would probably rather have coal in their stockings than a new Transformer or Nerf gun, especially if Walter Energy Inc. (NYSE: WLT...
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Dahlman Rose Reaffirms Uranerz Energy Buy, $5 PT
Wednesday, July 20, 2011 - 1:52pm | 102Dahlman Rose reaffirmed its Uranerz Energy (NYSE: URZ) Buy rating and $5 price target in a research report published today. In the report, Dahlman Rose states, "Uranerz announced that the US Nuclear Regulatory Commission (NRC) issued the Materials License for the Nichols Ranch in-situ recovery (...
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Uranerz Receives Final NRC Approval
Wednesday, July 20, 2011 - 11:49am | 264Uranerz Energy Corporation (NYSE: URZ) is pleased to announce that the United States Nuclear Regulatory Commission ("NRC") has issued the Materials License for the Company's Nichols Ranch ISR Uranium Project located in the Central Powder River Basin of Wyoming, U.S.A. The Materials License is the...
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UPDATE: Goldman Sachs Lowers PT on Peabody Energy to $75
Wednesday, July 20, 2011 - 7:38am | 84Goldman Sachs is out with its report today on Peabody Energy (NYSE: BTU), lowering its PT from $76 to $75. In a note to clients, Goldman Sachs writes, "Our 2011E/2012E/2013E EPS are now $4.50/$5.76/$5.47 from $4.40/$5.90/ $5.64 on updated production, prices and costs. We lower our six-month,...
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Dahlman Rose Reiterates Buy on Peabody Energy
Wednesday, July 20, 2011 - 7:15am | 87Dahlman Rose is out with its report today on Peabody Energy (NYSE: BTU), reiterating Buy. In a note to clients, Dahlman Rose writes, "We are adjusting our 3Q11 and 2011 EBITDA estimate to $667MM and $2,403MM, respectively, from $700MM and $2,415MM. We continue to view the company's growing...
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BMO Reiterates Outperform and PT of $77 on Peabody Energy
Wednesday, July 20, 2011 - 2:12am | 58BMO reiterated its Outperform rating on Peabody Energy (NYSE: BTU). At the same time, the rating agency left its price target on the company's stock unchanged at $77. On Tuesday, BTU added 1.29% to their value to end the day at $60.67. Its shares continued to climb in today's pre-market trading,...
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Fast Money Picks For July 20th (AAPL, BTU, QEP, FCX)
Tuesday, July 19, 2011 - 6:44pm | 176CNBC Fast Money's Stephen Weiss said on the show that he is bullish on Peabody Energy Corporation (NYSE: BTU). Peabody Energy Corporation (BTU) gained 1.29% on Tuesday, and closed at $60.67. Dan Nathan thinks that you should not buy Apple (NASDAQ: AAPL) at these prices, and suggested that...
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Earnings Roundup
Tuesday, July 19, 2011 - 8:01am | 896Harley-Davidson Inc (NYSE: HOG) reported a strong rise in its second-quarter net income and lifted its forecast of shipments for the full year. HOG's quarterly profit increased to $190.6 million, or $0.81 per share, from $71.2 million, or $0.30 per share, in the year-ago quarter. Its revenue...
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UPDATE: Peabody Energy Reports 38% Surge In Q2 Profit, Lifts Full-year Earnings Guidance
Tuesday, July 19, 2011 - 7:57am | 109Peabody Energy Corp (NYSE: BTU) reported a 38% rise in its second-quarter profit and lifted its full-year earnings forecast. Peabody's quarterly profit rose to $284.8 million, or $1.05 per share, from $206.2 million, or $0.76 per share in the year-ago quarter. Its adjusted earnings came in at $1....
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Earnings Scheduled For July 19
Tuesday, July 19, 2011 - 2:20am | 474Harley-Davidson Inc (NYSE: HOG) is projected to report its Q2 EPS at $0.71 on revenue of $1.26 billion. Yahoo! Inc (NASDAQ: YHOO) is projected to report its Q2 earnings at $0.18 per share on revenue of $1.11 billion. Bank of America Corporation (NYSE: BAC) is expected to post a Q2 loss at $0.90...