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Compass Minerals & The Mosaic Downgraded Today (CMP, MOS)
Thursday, December 24, 2009 - 10:27am | 96Compass Minerals International, Inc. (NYSE: CMP) was today downgraded by BMO Capital Markets to Market Perform from Outperform. The 52-week trading range for Compass Minerals is $45.64 - $70.27. In the last trading session, CMP closed at $69.87. The Mosaic Company (NYSE: MOS) was today downgraded...
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Stock Market News for December 24, 2009 - Market News
Thursday, December 24, 2009 - 9:42am | 376U.S. stocks closed higher for a fourth day on Wednesday as disappointment over a surprise drop in home sales was offset by strength in technology and commodities-related shares. Stocks declined in early trading after a Commerce Department report noted new home sales fell to their lowest level...
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Rio Tinto Nets $2 Billion For Alcan Business
Wednesday, December 23, 2009 - 3:56am | 46Rio Tinto (NYSE: RTP), the world's third-largest iron ore producer, accepted a $2.03 billion offer for its Alcan packaging business made by Amcor in August. Rio Tinto has parted with $10.3 billion in assets since February 2008, according to press reports.
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More Color on the Terex (TEX) - Bucyrus (BUCY) Deal
Tuesday, December 22, 2009 - 9:00am | 2491One must always be cautious when analyzing any sort of deals, purchases, or mergers because if you listen to CEOs every deal done in the history of man has been a "win". That said, the more I look at the Bucyrus (BUCY) - Terex (TEX) deal the more this one is appealing for both sides; for different...
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Dragon To Drive Up Metals In 2010, Uncle Sam’s Dollar (USD) May Turn Spoiler
Friday, December 18, 2009 - 4:26pm | 136Citi (NYSE: C) Commodities Strategy, in a recent report, has stated that it expects metal price to move up due to the demand from China. However, a strengthening dollar may cause a short term downside. Commodities are seeing the return of speculators. Copper shipments, for example, from Southern...
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Stock Market News for December 18, 2009 - Market News
Friday, December 18, 2009 - 10:01am | 386U.S. stocks closed sharply lower Thursday as a tepid forecast from bellwether FedEx and Citigroup’s decision to sell stocks at a steep discount hurt investor confidence. As risk aversion gained ground, dollar jumped to a three month high against the euro and ended slightly higher against the yen...
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Expect Price Correction In Freeport-McMoRan (FCX)
Thursday, December 17, 2009 - 3:32pm | 76Argus maintained its Hold rating for Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) ahead of its 4Q09 results. Argus expects Freeport-McMoRan to post strong 4Q09 EPS, following substantial increase in copper and gold prices. It added that demand from China for infrastructure-related projects...
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Top Performers of 2009 (AMD, F, WDC, MU, FCX)
Thursday, December 17, 2009 - 10:28am | 300With the economic recovery pushing the S&P 500 to continuously break 52-week high levels, the best stocks to benefit from the trend have been from the technology sector. These technology stocks are seeing their best yearly performance since 1999. Since the beginning of 2009, the technology...
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Stocks to Watch (AONE, BA, GEOY, RTP, TWX, FSLR)
Thursday, December 17, 2009 - 9:18am | 354A123 Systems, Inc. (NASDAQ: AONE) surged 4.26% to $19.24 in the pre-market session after A123 Systems said today it is forming a joint venture with China's top carmaker SAIC Motor Corp to develop, make and sell complete vehicle traction battery systems for use in hybrid electric and pure electric...
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Fast Money Picks For December 17th (V, TSL, ABX, TCK)
Wednesday, December 16, 2009 - 8:02pm | 199CNBC's Fast Money Tim Seymour thinks that investors should buy Barrick Gold Corporation (USA)(FREE stock trend analysis) (NYSE: ABX)(FREE stock trend analysis) on Thursday. Barrick (ABX)(FREE stock trend analysis) jumped 2.10% today and closed at $39.92. Joe Terranova likes Visa (NYSE: V)(FREE...
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Jim Cramer Likes FCX, MRO
Wednesday, December 16, 2009 - 5:27pm | 152CNBC's Mad Money Jim Cramer praised Ben Bernanke and his monetary policy on Wednesday's Stop Trading, and said that Fed's chief won't create problems next year with his decisions. Jim Crsmer believes in the world wide recovery and is bullish on Freeport-McMoRan (NYSE: FCX)(FREE stock trend analysis...
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Positive Economic Data Triggers Stock Prices (FCX, XOM, PHM)
Wednesday, December 16, 2009 - 3:21pm | 138US stocks gained on Wednesday as data on consumer prices and housing indicated that economic recovery is strengthening without triggering inflation. The news is driving the speculation of Federal Reserve holding interest rates near zero. Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX)(FREE...
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Guy Adami Is Bearish On Freeport McMoran (FCX)
Tuesday, December 15, 2009 - 7:53pm | 219Guy Adami commented on the trades that Jim Chanos gave in an interview on CNBC's Fast Money. Guy Adami said that Chanos is going to wind up being right when he says that he would not go long Ford (NYSE: F)(FREE stock trend analysis). Adami thinks that those who want to go long on this stock are...
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Teck Resources (TCK) Is A Good Pick Among Mining Stocks
Monday, December 14, 2009 - 1:46pm | 86Bank of America Merrill Lynch has given a Buy rating for Teck Resources Limited (NYSE: TCK)(FREE stock trend analysis) and believes Teck is best positioned to benefit from the increased demand and the improving prices. Teck generates a 75% of its EBITDA from coal and copper, which have a positive...
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Benzinga's Top ETF Gainers (SCO, EEN, XME, UYM)
Wednesday, December 9, 2009 - 8:14pm | 171ProShares UltraShort DJ-UBS Crude Oil ETF (NYSE: SCO) gained the most among ETFs today as The Dow Jones—AIG Crude Oil Sub-Index struggled. SCO jumped 5.52% and closed at $16.06 with a volume of $3.53M. Claymore/BNY Mellon EW Euro-Pac LDRs ETF (NYSE: EEN) gained 5.26% today, after dropping around 7...