-
Calls Purchased on Sunoco, Inc. (SUN)
Monday, January 3, 2011 - 1:35pm | 144Shares of Sunoco, Inc. (NYSE: SUN) are higher on the session by 2.38%, currently trading at $41.27. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...
-
World Fuel Services Acquires the Hiller Group
Monday, January 3, 2011 - 7:33am | 53World Fuel Services Corporation (NYSE: INT) announced today that its wholly-owned subsidiary, World Fuel Services, Inc., has completed the previously announced acquisition of The Hiller Group, Inc. and certain affiliates. The transaction is expected to be $0.05 to $0.07 accretive to earnings in the...
-
BioFuel Energy Spiking On Buyin Rumors (BIOF)
Friday, December 31, 2010 - 10:06am | 107An article from BuyIns.net today is circulating about the possibility that BioFuel (NASDAQ: BIOF) might see forced buyins today after violating Regulation SHO. The stock is currently trading at $1.76, 8.7% higher than yesterday's close after a recent spike in volume. This article may include...
-
Stocks to watch Technically (NAK),(GFA),(SIGM),(IM),(FTO),(ITUB),
Wednesday, December 29, 2010 - 11:09am | 52Stocks to watch Technically (NAK),(GFA),(SIGM),(IM),(FTO),(ITUB),
-
Pacific Ethanol Granted 180-Day Extension by Nasdaq
Wednesday, December 29, 2010 - 8:33am | 65Pacific Ethanol, Inc. (Nasdaq: PEIX) announced that it received a letter, dated December 28, 2010, from The Nasdaq Stock Market notifying the company that it has met all of the requirements to be granted an additional 180 days, or until June 27, 2011, to regain compliance with the minimum $1.00 bid...
-
RBC Capital Upgrades GEL To Outperform
Wednesday, December 29, 2010 - 6:53am | 52Analysts at RBC Capital upgrade Genesis Energy LP (NYSE: GEL) from “sector perform” to “outperform.” The target price for GEL has been raised from $21 to $29. GEL shares gained 2.62% to close at $26.24 yesterday. More Analyst Ratings here
-
Delek US Holdings Enters $200 Million Revolving Credit Facility
Tuesday, December 28, 2010 - 4:46pm | 54Delek US Holdings, Inc. (NYSE: DK) today announced that its wholly-owned subsidiary, MAPCO Express, Inc., has entered into a five-year, $200 million revolving credit facility. The Facility extends and increases the existing revolver and extinguishes an associated term loan, both of which would...
-
Market Roundup
Tuesday, December 28, 2010 - 12:30pm | 286US drug sector traded mixed, with the NYSE Arca Pharmaceutical Index (DRG) gaining about 0.25% and the NYSE Arca Biotechnology Index (BTK) losing about 0.35%. Shares of Biosante Pharmaceuticals Inc (NASDAQ: BPAX) dipped about 17.50% after the company announced its plans to raise $18 million in...
-
Genesis Energy, L.P. Eliminates its Incentive Distribution Rights
Tuesday, December 28, 2010 - 9:19am | 37Genesis Energy, L.P. (NYSE: GEL) announced today that it has permanently eliminated its incentive distribution rights and converted its two percent general partner interest into a non-economic interest.
-
A Peek Into The Market Before The Trading Starts
Tuesday, December 28, 2010 - 7:40am | 515Pre-open movers US stock futures are higher this morning, ahead of housing-price and consumer-confidence data. Futures for the Dow Jones Industrial Average gained 30 points to 11,533, while those for the S&P 500 rose 3.10 points to 1,256. Futures for the Nasdaq 100 gained 3.75 points to 2,234...
-
Gushan Environmental Energy Limited to Assess Impact of New Notice
Tuesday, December 28, 2010 - 7:23am | 117Gushan Environmental Energy Limited (NYSE: GU) today announced that the Company is currently in the process of assessing the effect of a recently issued notice on consumption tax issued by the Ministry of Finance of the People's Republic of China and the State Administration of Taxation of the...
-
Gushan Environmental Jumps 40% Today (GU)
Monday, December 27, 2010 - 4:39pm | 58Shares of Gushan Environmental Energy Limited (NYSE: GU) were among the biggest winners today, gaining nearly 40% on the news that China's Finance Ministry decided to exempt pure biodiesel from consumption taxes and made the decision retroactive to January of last year. Shares gained $1.50 today...
-
Gushan Environmental Energy Soars 36% (GU)
Monday, December 27, 2010 - 11:27am | 173Shares of Gushan Environmental Energy Limited (NYSE: GU) are trading up 35.7% at $5.21 per share during the Monday morning trading session. The day's range for shares of Gushan Environmental Energy Limited has been between $4.32 and $5.63 per share. The average price target of analysts who cover...
-
Another Drop in Crude Stockpiles - Analyst Blog
Thursday, December 23, 2010 - 9:33am | 824The U.S. Energy Department's weekly inventory release showed a larger-than-expected drop in crude and distillate stockpiles, while gasoline supplies continued with their climb. Meanwhile, refinery run-rates were down slightly from the previous week. The Energy Information Administration (“EIA...
-
Another Drop in Crude Stockpiles - Analyst Blog
Thursday, December 23, 2010 - 9:15am | 824The U.S. Energy Department's weekly inventory release showed a larger-than-expected drop in crude and distillate stockpiles, while gasoline supplies continued with their climb. Meanwhile, refinery run-rates were down slightly from the previous week. The Energy Information Administration (“EIA...