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Deutsche Bank Reiterates Hold Rating on Peabody Energy (BTU)
Friday, June 18, 2010 - 9:57am | 263Deutsche Bank is out with an investor note this morning, where they reiterate their Hold rating on shares of Peabody Energy (NYSE: BTU); they have a $57.50 price target on the stock. DB analysts said, “BTU is bullish on coal and believes that we are in the early stages of a long-term supercycle,...
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Top 4 Stocks In The Basic Materials Sector With The Highest Return On Equity (ARLP, AHGP, JRCC, GFRE)
Monday, June 14, 2010 - 6:07am | 138Below are the top 4 basic materials stocks on the NASDAQ and the NYSE in terms of ROE. Alliance Resource Partners LP (NASDAQ: ARLP) has a trailing-twelve-month ROE of 57.91%. ARLP has a PEG ratio of 0.82. Alliance Holdings GP LP (NASDAQ: AHGP) has a trailing-twelve-month ROE of 43.2%. Wells Fargo...
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Top 4 NYSE Stocks In The Industrial Metals And Minerals Industry With The Highest Cash (BBL, CNX, YZC, IVN)
Friday, June 11, 2010 - 7:09am | 139Below are the top 4 industrial metals and minerals stocks on the NYSE in terms of cash. BHP Billiton plc (NYSE: BBL) had $9.03 billion of cash in the latest quarter, while its debt liabilities stood at $16.30 billion. CONSOL Energy Inc (NYSE: CNX) had $1.88 billion of cash and $1.08 billion debt in...
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Benzinga's After Hours Decliners (PCX, NBL, THS)
Thursday, June 10, 2010 - 7:26pm | 125Among the notable stocks that have moved lower in after hours trading are Patriot Coal (NYSE: PCX), General Maritime (NYSE: GMR), and KeyCorp (NYSE: KEY). PCX has lost 2.82% in the post market trading session, and is currently changing hands for $16.04. Patriot gained 9.34% during New York Stock...
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Top Narrow Based Indexes For June 10 (YGE, NCOC, HTM)
Thursday, June 10, 2010 - 2:38pm | 242Reports from the US job market and China’s exports market helped in lifting investor anxiety over global economic recovery. Till 1:13 pm, the Dow Jones Industrial Average gained 183.12, or 1.85%, to 10,082.37, the S&P 500 index soared 19.86, or 1.88%, the NASDAQ added 33.11, or 1.53%. Some of...
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Telus Launches Optik Services - Analyst Blog
Wednesday, June 9, 2010 - 2:09pm | 562The second largest Canadian carrier Telus Corp (TU) has unveiled a new range of home entertainment and communication services. The operator has reportedly launched premium IPTV (Internet TV) and high-speed Internet services under the “Optik" moniker across its key western Canadian markets of...
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Top 5 NYSE Stocks In The Industrial Metals And Minerals Industry With The Highest Gross Profits (ATI, CNX, BTU, WLT, ACI)
Wednesday, June 9, 2010 - 6:13am | 159Below are the top 5 industrial metals and minerals stocks on the NYSE in terms of gross profits. The trailing-twelve-month gross profits of Allegheny Technologies Inc (NYSE: ATI) stand at $1.45 billion. ATI’s quarterly earnings grew by 208.50% year-over-year. The trailing-twelve-month gross...
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Top 5 Stocks In The Industrial Metals And Minerals Industry With The Highest Sales Growth Estimate This Quarter (WLT, ANR, ZINC, BW, TC)
Wednesday, June 9, 2010 - 6:12am | 196Below are the top 5 industrial metals and minerals stocks on the NASDAQ and the NYSE in terms of sales growth estimates. The sales for Walter Energy Inc (NYSE: WLT) are expected to jump by 143.7% in the current quarter. Brean Murray upgraded WLT from “hold” to “buy.” The sales for Alpha Natural...
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SPX Resistance 1070 06-08-2010
Tuesday, June 8, 2010 - 6:39pm | 689Cusick’s Corner The market hung around support, 1050 on the SPX, and wedged through to the upside to finish in the green. Watch resistance, looks to be at the 1070 mark on the S&P because we still have not seen any relative strength in the small caps, RUT. This small bullish divergence today...
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Patriot Coal Seeking A Bidder?
Tuesday, June 8, 2010 - 11:22am | 91There is chatter crossing the desks of traders that Patriot Coal (NYSE: PCX) has hired investment bank JPMorgan (NYSE: JPM) to help with selling ACI to either Peabody Energy (NYSE: BTU) or CONSOL Energy (NYSE: CNX). Patriot Coal is trading up 1.44% and has a market cap of $1.34 billion. This is...
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Goldman Positive on Select Coal Names (ANR, CNX, BTU)
Tuesday, June 8, 2010 - 9:19am | 351Goldman Sachs is out with an analyst note this morning that is positive on selective coal names. Their two primary concerns are: (1) The pollution of streams due to the mining of mountaintops in Central Appalachia (2) Underground mine safety and ventilation following the explosion at Massey Energy...
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External Pressures Dampen Coal ETF
Thursday, June 3, 2010 - 10:42am | 245To be blunt, the Market Vectors Coal ETF (NYSE: KOL) is a high-beta ETF that is plenty of fun to be involved with in overtly bull markets, but an ETF worth avoiding in lethargic settings. By most appearances, China's demand for coal remains strong. Peabody Energy (NYSE: BTU), the largest U.S. coal...
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Top Narrow Based Indexes For June 2 (LCC, URRE, GNA)
Wednesday, June 2, 2010 - 2:15pm | 240After yesterday’s sharp fall in the last trading hour, US markets have opened on a positive note. Till 12:09 pm, the Dow Jones Industrial Average gained 119.79, or 1.20%, to 10,143.81, S&P 500 index moved up 15.55, or 1.45% and the NASDAQ added 32.50, or 1.46%. Some of the few narrow based...
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Uranium Miners Get Some Good News and Some Bad
Tuesday, June 1, 2010 - 2:27pm | 398Last week, USEC Inc. (NYSE:USU) announced a $200 million investment from Toshiba Corp. and Babcock & Wilcox that would be spread out over three phases. Each of the investors will pitch in $100 million, subject to closing conditions including regulatory approvals. In exchange, the two companies...
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As Metals ETFs Expand (PPLT, PALL, PHYS)
Tuesday, June 1, 2010 - 1:23pm | 398Last week, USEC Inc. (NYSE:USU) announced a $200 million investment from Toshiba Corp. and Babcock & Wilcox that would be spread out over three phases. Each of the investors will pitch in $100 million, subject to closing conditions including regulatory approvals. In exchange, the two companies...