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Yanzhou Coal Will Pay $682M For Stake In Mongolian Firm
Monday, September 6, 2010 - 9:47pm | 132Yanzhou Coal (NYSE: YZC), China's fourth-largest coal miner, said it will pay $682 million in an effort to acquire 51% of Inner Mongolia Haosheng Coal Mining. Yanzhou is looking to bolster reserves as Chinese coal consumption continues to surge. Yanzhou will pay $682.1 million to two sellers for a...
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USEC, Toshiba and B&W Close on First Phase of Strategic Investment (BWC, USU)
Thursday, September 2, 2010 - 1:32pm | 141USEC Inc. (NYSE: USU) today closed on the first phase of a strategic investment in the company by nuclear power industry leaders The Babcock & Wilcox Company (NYSE: BWC) and Toshiba Corporation. This investment of $75 million will be used for continued progress on activities related to the...
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Pritchard Capital's Morning Intelligence (ES, USU, CPX, RDC, PDE, )
Thursday, September 2, 2010 - 8:55am | 153Pritchard Capital is out with its daily morning intelligence report. In the report, Pritchard covers USEC Inc. (NYSE: USU), EnergySolutions, Inc. (NYSE: ES), Complete Production Services, Inc. (NYSE: CPX), Rowan Companies, Inc. (NYSE: RDC), Pride International, Inc. (NYSE: PDE). In the report,...
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Top 4 Stocks In The Industrial Metals & Minerals Industry With The Highest ROE (WLT, PLG, SHZ, ARLP)
Thursday, September 2, 2010 - 6:39am | 143Below are the top industrial metals & minerals’ stocks on the NASDAQ and the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Walter Energy Inc (NYSE: WLT) is 70.94%. WLT’s quarterly earnings soared 949.30% y/y. The trailing-twelve-month return on equity at...
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Company News for September 1, 2010 - Corporate Summary
Wednesday, September 1, 2010 - 1:03pm | 726• Joy Global (NASDAQ: JOYG) reported fiscal third quarter earnings ten cents higher than estimated at $1.13, on a 11.1% revenue decline to $850 million, off projections of $877 million • PerkinElmer (NYSE: PKI) agreed to sell its illumination and detection solutions business to a private equity...
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Zacks Releases Four Powerful ''Buy'' Stocks: Magellan Health Services, Inter Parfums, Aliance Resource Partners LP and Sotheby's - Press Releases
Wednesday, September 1, 2010 - 10:03am | 1323For Immediate Release Chicago, IL – September 1, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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PCX To Pay For Environmental Improvements
Wednesday, September 1, 2010 - 8:48am | 124Patriot Coal Corporation (NYSE: PCX) has had its subsidiaries ordered to pay for environmental improvements, Citigroup reports. Hobet and Apogee were involved in lawsuits with West Virginia courts for failing to comply with selenium limits imposed on those permits in March 2009. Apogee will have...
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Benzinga’s Top Upgrades(SHBI, CTCM, ACI, TCB)
Wednesday, September 1, 2010 - 8:11am | 156Shore Bancshares Inc (NASDAQ: SHBI) was upgraded by BB&T from “hold” to "buy." SHBI’s shares closed at $9.66 yesterday. SHBI’s earnings are likely to increase by 4300.00% in the next year Deutsche Bank upgraded CTC Media Inc (NASDAQ: CTCM) from "hold” to "buy.” CTCM’s shares closed at $17.90...
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Aliance Resource Partners LP - Momentum
Wednesday, September 1, 2010 - 5:15am | 544Aliance Resource Partners LP (ARLP) recently hit a new multi-year high at $55.54 on a 32% earnings surprise from late July. With estimates climbing on the back of growing demand, this Zacks #1 rank stock has some solid upward momentum. Company Description Alliance Resource Partners LP engages in...
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Mad Money Lightning Round OT: Cramer Is Bearish On Coal (APWR, ACI, BTU, WGOV)
Thursday, August 26, 2010 - 7:44pm | 193Jim Cramer said on CNBC's Mad Money Lightning Round OT that A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR) had a poor quarter, and the stock should be sold. A-Power Energy Generation Systems, Ltd. (APWR) fell 12.20% today. Cramer thinks that coal is going to make a break through, but it...
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Evergreen Energy Surging Today (EEE)
Wednesday, August 25, 2010 - 10:51am | 109Shares of micro-cap Evergreen Energy (NYSE: EEE) are have jumped 17% this morning to $1.79. Volume has been heavier than normal with nearly a million shares already changing hands in early trade. On August 20, the company did a 1:12 stock split, which was kind of suspicious. Since the split, the...
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Zacks.com featured expert Kevin Matras highlights: Alliance Resource Partners, L.P., Drew Industries Inc., JDS Uniphase Corporation, Solarfun Power Holdings Co. Ltd. and Tennant Co. - Press Releases
Tuesday, August 24, 2010 - 7:17pm | 1240Chicago, IL – August 24, 2010 - Stocks in this week's article include Alliance Resource Partners, L.P. (NASDAQ: ARLP), Drew Industries Inc. (NYSE: DW), JDS Uniphase Corporation (NASDAQ: JDSU), Solarfun Power Holdings Co. Ltd. (NASDAQ: SOLF) and Tennant Co. (NYSE: TNC). Kevin Matras shows how to...
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Market Continues to Favor Bearish Sentiment 08-19-2010
Thursday, August 19, 2010 - 4:11pm | 1048Cusick’s Corner The Shorts that were sweating it out since the gap up are breathing a sigh of relief this Midday. The Claims data released this morning came in right at the 500K level, worse than expected and this really dampened some upbeat GDP revisions out of Germany, revised estimates from 1.9...
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Put Spread Sold on Massey Energy (MEE)
Thursday, August 19, 2010 - 11:32am | 125Shares of Massey Energy (NYSE: MEE) are lower on the session by 0.97%, currently trading at $32.81. The stock has been moving largely lower over the past six months, though appears to be in a long-term bottoming “cup.” One options trader seems to echo this bullish tone; the January 2012 $30/40 put...
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Late Market Roundup (NFLX, CNX, EOG, RRC, SII, SLB, CTRN)
Wednesday, August 18, 2010 - 1:20pm | 238Shares of Netflix Inc (NASDAQ: NFLX) are trading down after analysts at Morgan Keegan downgraded the company from “perform” to “underperform.” The company’s share price has doubled since February after the online DVD rental provider's streaming service showed strong results. NFLX’s shares have lost...