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BMO Upgrades Patriot Coal To Market Perform
Friday, July 15, 2011 - 4:58am | 22BMO Capital Markets has upgraded Patriot Coal (NYSE: PCX) from Underperform to Market Perform.
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Buy Uranium Stocks Now (CCJ, DNN, URZ)
Thursday, July 14, 2011 - 8:43am | 527Don't look now, but the uranium sector is actually showing some signs of life. After going into a near free fall shortly following the catastrophic events in Japan, uranium prices have stabilized. Equities linked to the commodity have recently seen a push higher. Could it be that the horrible...
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Buy Uranium Stocks Now (CCJ, DNN, URZ)
Thursday, July 14, 2011 - 8:43am | 527Don't look now, but the uranium sector is actually showing some signs of life. After going into a near free fall shortly following the catastrophic events in Japan, uranium prices have stabilized. Equities linked to the commodity have recently seen a push higher. Could it be that the horrible...
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Consol Eneregy Boosts Guidance, Ups Forecast for Year Production
Thursday, July 14, 2011 - 7:05am | 50CONSOL Energy Inc. (NYSE: CNX) is providing an operational update for the quarter ended June 30, 2011. CONSOL Energy's Coal Division reports total coal production of 15.4 million tons for the quarter, including 1.4 million tons of low-vol metallurgical coal produced by the company's Buchanan Mine.
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Arch Coal Announces Required Offer to Repurchase 4.00% Convertible Senior Notes Due 2017 of its Subsidiary International Coal Group
Wednesday, July 13, 2011 - 4:01pm | 72Arch Coal, Inc. (NYSE: ACI) announced today that, pursuant to the terms and conditions of the Indenture governing the 4.00% Convertible Senior Notes due 2017 of International Coal Group, Inc., a wholly owned subsidiary of Arch, ICG will offer to repurchase the Notes, subject to the terms and...
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Arch Coal Announces Required Offer to Repurchase 9.00% Convertible Senior Notes Due 2012 of its Subsidiary International Coal Group
Wednesday, July 13, 2011 - 4:01pm | 73Arch Coal, Inc. (NYSE: ACI) announced today that, pursuant to the terms and conditions of the Indenture governing the 9.00% Convertible Senior Notes due 2012 of International Coal Group, Inc. ("ICG"), a wholly owned subsidiary of Arch, ICG will offer to repurchase the Notes, subject to the terms...
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Benzinga's Top Upgrades
Tuesday, July 12, 2011 - 7:04am | 125Analysts at Jefferies & Company upgraded Jarden Corporation (NYSE: JAH) from “hold” to “buy.” Jarden's shares closed at $33.21 yesterday. Jarden's PEG ratio is 0.96. Analysts at Oppenheimer upgraded Wintrust Financial Corporation (NASDAQ: WTFC) from “perform” to “outperform.” WTFC's shares...
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RBC Capital Upgrades Arch Coal to Outperform from Sector Perform, $40 PT
Tuesday, July 12, 2011 - 6:01am | 24RBC Capital has upgraded Arch Coal (NYSE: ACI) to outperform from sector perform. Price target remains $40.
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BMO Capital Markets Comments on Peabody Energy
Monday, July 11, 2011 - 9:38am | 151BMO Capital Markets provided color on Peabody Energy (NYSE: BTU) in a research report published today. BMO Capital Markets has previously given Peabody Energy an Outperform rating and $77 price target. In the report, BMO Capital Markets states, "Peabody and ArcelorMittal confirmed an indicative...
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Macarthur Receives $5B Offer From Peabody, ArcelorMittal
Monday, July 11, 2011 - 7:05am | 79Macarthur Coal Ltd received a takeover bid from Peabody Energy Corp (NYSE: BTU) and ArcelorMittal (NYSE: MT) that values Macarthur Coal at 4.7 billion Australian dollars (US$5 billion). Macarthur will be offered A$15.50 per share, representing a 40% premium to Macarthur's Monday closing price of A...
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A Peek Into The Market Before The Trading Starts
Monday, July 11, 2011 - 6:57am | 374Pre-open movers US stock futures are lower this morning, as debt fears moved to Italy. Futures on the Dow Jones Industrial Average dropped 102 points to 12,513.00 and futures on the S&P 500 stock index fell 14.70 points to 1,327.10. Nasdaq 100 futures declined 27.00 points to 2,381.50. A Peek...
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Deutsche Bank Updates 7/11/11
Monday, July 11, 2011 - 6:49am | 998Deutsche Bank made a number of updates in a research report published today. Affymetrix (NASDAQ: AFFX) had its rating maintained at Hold. At the same time, its price target has been raised from $6 to $7. On Friday, AFFX added 3.03% to its value to end the week at $6.79....
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Peabody Energy and ArcelorMittal Submit Proposal to Acquire Macarthur Coal for A$15.50 per Share
Monday, July 11, 2011 - 5:59am | 123Peabody Energy (NYSE: BTU) and ArcelorMittal SA (NYSE: MT) earlier today confirmed that they have jointly submitted an indicative proposal to the board of directors of Macarthur Coal Ltd. to acquire all of the shares of the company. Under the proposal by a newly formed company, owned 60 percent by...
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Hottest and Coldest Sectors for Friday 7/8/11
Friday, July 8, 2011 - 4:24pm | 1918The S&P 500 lost 9.4 points, or 0.7%, in Friday's trading session, as a weaker-than-expected jobs report put an end to the recent market rally. The SPX is now 26.78 points lower than its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Friday's session is as follows...
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Hottest and Coldest Sectors for Thursday 7/7/2011
Thursday, July 7, 2011 - 6:35pm | 1705The S&P 500 (SPX) gained 14 points, or 1%, in today's session to close at 1353.22. The index is nearing its 52-week high of 1370.58, which was set on May 2nd. The Sector breakdown for Thursday's session is as follows: The S&P 500 was led by the Basic Materials Sector in Thursday's session...