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RTI Signs Long-Term Engine Supply Agreement
Tuesday, June 21, 2011 - 10:26am | 85RTI International Metals, Inc., (NYSE: RTI) is pleased to announce the signing of a long-term agreement with MTU Aero Engines in Munich, Germany. The agreement calls for RTI to supply rotor-quality titanium billet products through 2022. RTI's material will be used exclusively in MTU compressor...
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Ivanhoe Mines to Receive US$502 Million from Rio Tinto's Exercise of All Outstanding Warrants to Advance Construction of Oyu Tolgoi Copper-Gold-Silver Mining Complex in Mongolia
Tuesday, June 21, 2011 - 8:13am | 277Ivanhoe Mines (NYSE: IVN)(NASDAQ: IVN) Ivanhoe Mines' Chief Executive Officer Robert Friedland announced today that the company expects to receive US$502 million from Rio Tinto later today following Rio Tinto's decision to exercise all remaining share-purchase warrants that it holds in Ivanhoe...
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Rio Tinto to Exercise Its Remaining Warrants in Ivanhoe Mines
Tuesday, June 21, 2011 - 7:32am | 136Rio Tinto (NYSE: RIO) has given notice to Ivanhoe Mines Ltd (NYSE: IVN) that it is exercising its remaining warrants, which will increase its ownership of Ivanhoe shares from 42.0 per cent to 46.5 per cent. Under Rio Tinto's agreement with Ivanhoe in December 2010, Rio Tinto agreed to exercise its...
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Top 4 Small-Cap Stocks In The General Building Materials Industry With The Lowest PEG Ratio
Tuesday, June 21, 2011 - 12:17am | 118Below are the top small-cap general building materials stocks on the NYSE and the NASDAQ in terms of PEG ratio LSB Industries Inc (NYSE: LXU) has a PEG ratio of 1.19. LXU's trailing-twelve-month ROE is 25.88%. Amcol International Corporation (NYSE: ACO) has a PEG ratio of 1.36. ACO's trailing-...
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Dr Faessel - 6-20-2011
Monday, June 20, 2011 - 11:51am | 3070Finding 200 million more pounds of molybdenum? At what cost? Who will be the low cost producers? “CuMo contains one of the world's largest, strategic, stores of mineral wealth and we expect to develop the project significantly further during 2011-2012."said...
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Almaden Agrees to Sell a Portion of Its Beanstalk Capital Shareholdings
Monday, June 20, 2011 - 9:04am | 218Almaden Minerals Ltd.(NYSE: AAU) has reached an agreement in principle with several proposed purchasers to assign and sell up to an aggregate of 8.25 million of the 37 million common shares of Beanstalk Capital Inc. ("Beanstalk") to be received by the Company upon appropriate regulatory approval...
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Stocks to Watch: Moving Average Indicators
Monday, June 20, 2011 - 3:31am | 626The “Golden Cross” is a major bullish technical indicator. It occurs when a stock's 50-day simple moving average crosses above its 200-day simple moving average. The “Golden Cross,” like most technical indicators, should never be used alone, but is a significant event to consider when evaluating a...
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Here's Another Yogi Reference (not the Bear but Berra)
Friday, June 17, 2011 - 6:23pm | 901Cusick's Corner "Slump? I ain't in no slump...I just ain't hitting." That's a quote from Yogi Berra and if you talk to someone who is long, this is what the trader would most likely say. While the market did finally break the weekly losing streak, you can't ignore that we have seen some decent...
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Bears Stop for a Pic-a-Nic 06-17-2011
Friday, June 17, 2011 - 4:37pm | 981Cusick's Corner The market is now just off its best levels but for the most part we are seeing a market bounce on positive headlines and the shorts are stepping aside at this stage. Now this can be expected to happen over the next few sessions, especially since the market just was brutalized over...
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Friday's Mid-Day Options Volume Leaders
Friday, June 17, 2011 - 12:27pm | 88Here are today's mid-day options volume leaders… 1. Research In Motion (NASDAQ: RIMM) 432,400 contracts, 32.4% calls, 67.6% puts 2. Apple Inc. (NASDAQ: AAPL) 194,700 contracts, 58.0% calls, 42.0% puts 3. Freeport McMoran Copper and Gold Inc. (NYSE: FCX) 127,801 contracts, 88.2% calls, 11.8% puts 4...
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Options Brief: Titanium Metals Corporation
Thursday, June 16, 2011 - 11:10am | 76Shares of Titanium Metals Corporation (NYSE: TIE) are lower on the session by 0.79%, trading at $16.40. Overall put volume is now running at 3.13x the daily average, with 56% of all puts traded being purchases on the offer. 2,093 contracts have traded on the session so far. Titanium Metals...
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Can The U.S. Dollar Index Decline Enough To Keep Markets Afloat?
Thursday, June 16, 2011 - 10:22am | 236Before the opening bell rang at the New York Stock Exchange, the U.S. Dollar Index was surging higher again. Around 8:35 am EST, the U.S. Dollar Index began to decline. Once the U.S. Dollar Index began to sell off the major stock market indexes started to rally and trade higher. It is important to...
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Stocks to Watch for 6/16/11: Fresh 52-Week Highs and Lows
Thursday, June 16, 2011 - 2:28am | 2229The following stocks hit new 52-week highs in Wednesday's trading session 1) Ulta Salon, Cosmetics & Fragrances (NASDAQ: ULTA): Shares of Ulta hit a 52-week high of $59.40 in Wednesday's trading session. The stock closed at $57.03. The year-to-date performance of Ulta has been a gain of 67.7...
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Benzinga's Top ETF Gainers, June 15th (TVIX, DPK, EPV, SCO)
Wednesday, June 15, 2011 - 7:22pm | 176VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) spiked 16.84% on Wednesday, and it closed at $24.14. TVIX had a volume of 3.48M traded shares, and its average volume is 1.22M shares. Direxion Daily Developed Markets Bear 3x Shares(ETF) (NYSE: DPK) gained 9.80% as Rio Tinto plc (ADR) (NYSE...
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General Moly Falls 8.52%
Wednesday, June 15, 2011 - 2:04pm | 100Shares of development-stage mining company General Moly (NYSE: GMO) have lost 8.52% on Wednesday and are trading at $4.20. The stock is down 35% year to date and has lost more than 15% in the last 3 months. Volume has been a little lighter than normal, with around 800,000 GMO shares trading hands...