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Industrial Production Up 0.4% - Analyst Blog
Wednesday, December 15, 2010 - 1:37pm | 2331Total Industrial Production was rose 0.4% in November, which was slightly above the expected 0.3% increase. In October, total production fell by 0.2%, reversing a 0.1% increase in September. Relative to a year ago, total Industrial Production is up 5.4%. On the surface, these numbers are solid....
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Top Narrow Based Indexes For December 15 (FNSR, URZ, LPSN)
Wednesday, December 15, 2010 - 12:06pm | 190By 11:03 am, the Dow Jones Industrial Average was up 40.61 points, or 0.35%, to 11,517.15, while the broader Standard & Poor's 500 index had gained 2.31 points, or 0.19%. The NASDAQ composite index rose 14.97 points, or 0.57%. Some of the narrow based indexes supporting the markets are Optical...
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International Coal Group Prices Offering (ICO)
Wednesday, December 15, 2010 - 10:28am | 75International Coal Group, Inc. (NYSE: ICO) announced this morning that it has priced its common stock offering at $7.35 per share. The offering comes from affiliates of each of WL Ross & Co. and Fairfax Financial Holdings Limited, respectively, at a public offering price of $7.35 per share....
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International Coal Down 13.5% On News Of 35 Million Share Offering (ICO)
Tuesday, December 14, 2010 - 4:09pm | 189Shares of International Coal Group, Inc. (NYSE: ICO) are trading down 13.5% at $7.06 per share during the Tuesday afternoon trading session. The company's stock price took a hit after it announced an offering of nearly 35 million shares of the company's stock by affiliates of each of WL Ross &...
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Uranium Energy Receives Mine Permit And Production Area Authorization (UEC)
Tuesday, December 14, 2010 - 1:37pm | 146Uranium Energy (AMEX: UEC) announces that the Commissioners of the Texas Commission on Environmental Quality have now approved the Mine Permit and the Production Area Authorization for Production Area One (PA-1), and have granted the request for designation of an Exempt Aquifer for the Company's...
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International Coal Group Secondary Offering Priced at $7.35 per Share
Tuesday, December 14, 2010 - 10:22am | 45International Coal Group, Inc. (NYSE: ICO) announced today the pricing of a registered underwritten offering of 12,268,700 and 22,577,800 shares of the Company's common stock by affiliates of each of WL Ross & Co. and Fairfax Financial Holdings Limited, respectively.
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International Coal Group Announces Stock Offering by Selling Shareholders
Monday, December 13, 2010 - 5:46pm | 98International Coal Group, Inc. (NYSE: ICO) announced today that affiliates of each of WL Ross & Co. and Fairfax Financial Holdings Limited commenced an offering of 12,268,700 and 22,577,800 shares of the Company's common stock, respectively. Upon completion of this offering, affiliates of WL...
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Large Cap Winners & Losers (IVN, S, NFLX, DELL, FFIV)
Monday, December 13, 2010 - 3:14pm | 398The broader market is sharply higher today, on the back of news that China did not raise interest rates over the weekend, which is helping the energy and commodity names. The following are some of today's most notable movers of interest, categorized by market capitalization (large caps over $10...
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Rising Uranium Prices Power Cameco (CCJ)
Monday, December 13, 2010 - 11:49am | 154"Cameco (NYSE: CCJ) is a Canadian miner and the second largest producer of uranium in the world," says Brendan Coffey. The editor of the Cabot Green Investor explains, "However, the company is more than just a uranium miner. It also operates further up the nuclear supply chain, and has a goal of...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, December 13, 2010 - 9:33am | 350Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alere Inc (ALR) Amdocs Ltd (DOX) Barclays PLC (BCS) Career Edu Corp (CECO) Consol Energy (CNX) View the entire Zacks #5 Rank List. ALERE INC (ALR): Free Stock Analysis Report BARCLAY PLC-ADR (BCS): Free Stock Analysis...
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Zacks #5 Rank Additions for Monday - Tale of the Tape
Monday, December 13, 2010 - 9:14am | 350Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Alere Inc (ALR) Amdocs Ltd (DOX) Barclays PLC (BCS) Career Edu Corp (CECO) Consol Energy (CNX) View the entire Zacks #5 Rank List. ALERE INC (ALR): Free Stock Analysis Report BARCLAY PLC-ADR (BCS): Free Stock Analysis...
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Walter Energy Shooting Up 4%
Thursday, December 9, 2010 - 3:54pm | 147Walter Energy, Inc. (NYSE: WLT) is shooting up higher today, gaining more than 4% on extremely heavy volume. Coal stocks, like Peabody (NYSE: BTU) and Alpha Natural Resources (NYSE: ANR) are continuing to run, and Walter Energy is a part of this group. This comes as demand both here and abroad...
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Afternoon Market Update (BTU, NOV, CIEN, JNS, STT)
Thursday, December 9, 2010 - 1:01pm | 217Shares of Ciena Corp (NASDAQ: CIEN) surged about11.8% after the company reported mixed Q4 results, but issued upbeat Q1 sales guidance. Ciena reported Q4 loss at $0.86 per share, versus a loss of $0.29 per share, in the year-ago period. The company's revenue increased to $418 million from $176...
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Citigroup Raises Peabody Energy PT From $57 to $74
Wednesday, December 8, 2010 - 8:45am | 31Citigroup is raising its target price on Peabody Energy (NYSE: BTU) from $57 to $74 and maintains its Buy rating. Peabody Energy closed Tuesday at $61.47.
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Uranium Names Radioactive Today (CCJ, URRE, URZ)
Monday, December 6, 2010 - 4:09pm | 117Shares of uranium stocks are up sharply today, as investors continue to pile into the names. Lately, uranium companies, such as Uranium Resources, Inc. (NASDAQ: URRE), Cameco Corporation USA (NYSE: CCJ) and Uranerz Energy Corp. (AMEX: URZ) have seen increased attention from investors, as noted by...