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Massey Energy Shares Remain Underpriced, Jefferies Reports
Monday, December 6, 2010 - 9:40am | 48Massey Energy's (NYSE: MEE) shares remain underpriced, Jefferies reports. “Although corporate activity has heightened merger speculation, which could increase volatility in the shares,” Jefferies writes. “We would use such to add to or introduce positions.” Massey Energy closed Friday at $50.42.
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Stocks To Watch For December 6 (MEE, DG, FDX, SUN, PBY)
Monday, December 6, 2010 - 5:23am | 190Some of the stocks that may grab the investor focus today are: Wall Street expects Dollar General Corp (NYSE: DG) to report its Q3 EPS at $0.35. DG shares surged 3.02% to $34.44 in after-hours trading. FedEx Corp (NYSE: FDX) announced its plans to raise its ground and home delivery rates by an...
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Massey More Likely To Pursue Acquisitions
Monday, December 6, 2010 - 4:50am | 228Massey Energy (NYSE: MEE), the largest coal producer in the Central Appalachia region, appears more likely to make an acquisition of its own, rather than sell itself following the departure of CEO Don Blankenship. When Massey's board met last month, they approved a plan for the company to look for...
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JRCC Soars. Watch This Resistance Area
Friday, December 3, 2010 - 11:06am | 46James River Coal co.(NYSE: JRCC) is soaring higher today by 0.77 cents to $22.81. The stock is now trading near it's 2010 high which was made on January 11, 2010. Therefore, the leading coal stock will have intra-day resistance around the $23.00 level.
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A Peek Into The Market Before The Trading Starts
Friday, December 3, 2010 - 9:01am | 511Pre-open movers US stock futures are mixed, this morning as investors awaited nonfarm payrolls figures for November. Futures on the Dow Jones Industrial Average gained 6 points to 11,369 and S&P 500 futures fell 0.20 point to 1,223. Nasdaq 100 futures rose 2 points to 2,189. A Peek Into Global...
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National Coal Corp. Shareholders Approve Ranger Energy Investments Acquisition
Friday, December 3, 2010 - 8:31am | 146National Coal Corp. (Nasdaq: NCOC) announces that following a special shareholders' meeting held yesterday, the holders of a majority of its outstanding shares entitled to vote approved a merger agreement with Ranger Energy Investments, LLC, an acquisition vehicle for Jim Justice, a businessman and...
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Cameco Increases Dividend from $.28 to $.40 for 2011
Thursday, December 2, 2010 - 2:25pm | 47Cameco (NYSE: CCJ) announced today that its board of directors has approved a 43% increase in the annual cash dividend to $0.40 from $0.28 per share beginning in 2011. This will be the seventh time Cameco has increased its dividend in nine years.
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Neutral on Peabody Energy - Analyst Blog
Wednesday, December 1, 2010 - 7:30pm | 701We recently reiterated our Neutral recommendation on Peabody Energy Corporation (BTU). Based in St. Louis, Missouri, Peabody Energy is involved in the exploration, mining and production of coal for its global consumers. The world's largest private sector coal mining company, Peabody owns...
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Denison Mines Up Almost 8% (DNN)
Wednesday, December 1, 2010 - 2:29pm | 60Denison Mines Corp. (AMEX: DNN) is up almost 8% this afternoon, on extremely heavy volume, as gold is higher today. At last check, shares of DNN were up 24 cents to $3.34, a gain of 7.74%. Denison Mines Corp. engages in the exploration, development, mining, and milling of uranium primarily in the...
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Prospecting for Huge Returns in Uranium Stocks
Wednesday, December 1, 2010 - 1:59pm | 966Flip on a light switch or appliance in the U.S. and there's an 80 percent chance that the electricity was generated using fossil fuels. But despite the popularity of fossil fuels for electricity generation, there is now a surge in demand for another form...
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Prospecting for Huge Returns in Uranium Stocks
Wednesday, December 1, 2010 - 1:59pm | 966Flip on a light switch or appliance in the U.S. and there's an 80 percent chance that the electricity was generated using fossil fuels. But despite the popularity of fossil fuels for electricity generation, there is now a surge in demand for another form...
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Neutral on Peabody Energy - Analyst Blog
Wednesday, December 1, 2010 - 1:52pm | 701We recently reiterated our Neutral recommendation on Peabody Energy Corporation (BTU). Based in St. Louis, Missouri, Peabody Energy is involved in the exploration, mining and production of coal for its global consumers. The world's largest private sector coal mining company, Peabody owns...
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Top Narrow Based Indexes For November 30 (URG, MVG, GMCR)
Tuesday, November 30, 2010 - 12:30pm | 193By 11:24 am, the Dow Jones Industrial Average was down 51.24 points, or 0.46%, to 11,001.25, while the broader Standard & Poor's 500 index had lost 7.54 points, or 0.63%. The NASDAQ composite index fell 26.04 points, or 1.03%. Some of the narrow based indexes that are still afloat in the...
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Options Brief: Uranium Energy Corp. (UEC)
Monday, November 29, 2010 - 3:15pm | 96Shares of Uranium Energy Corp. (NYSE: UEC) are lower on the session by 0.47%, currently trading at $6.36. Call volume is now running at 2.16x the daily average, with 51% of all calls traded being purchases on the offer. 1,518 call contracts have traded so far during the session. Uranium Energy...
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NASDAQ Stocks Hitting 52-Week Highs (URRE, MOVE, AMRN, ESIC)
Monday, November 29, 2010 - 11:47am | 144Uranium Resources Inc (NASDAQ: URRE) shares gained 10.69% to create a new 52-week high of $3.52. URRE's earnings are likely to advance by 63.26% this year. Move Inc (NASDAQ: MOVE) shares moved up 7.53% to touch a new 52-week high of $2.57. MOVE's quarterly earnings jumped 209.70% y/y. Amarin...