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Market Analysts coverage on 5/10/11- NRG, OLP, RIO, TAL, TRGP, VIVO, VRX, VVC, AAUKY, BHP, BOBE, CEPH, CSCO, CZZ, GPK, MDVN, NGLS, NNA
Tuesday, May 10, 2011 - 10:14am | 1311Dahlman Rose analysts initiated coverage on shares of NRG Energy Inc. (NRG),a wholesale power generation company. They set a “buy” rating and a $29.00 price target on the stock. Compass Point analysts initiated coverage on shares of a self-administered and self-managed real estate investment...
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Gold Broke Above $1500 an Ounce Again: Income Gold Stocks
Monday, May 9, 2011 - 11:40pm | 409On Monday, the price of gold penetrated up through the $1500 an ounce level again. By happenstance, Jim Cramer interviewed Mark Bristow, the CEO of Randgold Resources (GOLD) on the Mad money television show. Cramer considers this stock the best high risk high reward gold miner, with the risk due to...
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Why The U.S. and China Secretly Want A Devalued U.S. Dollar
Monday, May 9, 2011 - 11:38am | 932“Expect China to aggressively pursue strategic metal mining companies as part of a little publicized arrangement between the US and the Asian giant.” In early January of 2011, a top secret candlelight dinner was held at the White House. There was no fanfare. Present were the industrial, military...
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Deutsche Bank Maintains Hold on Compass Minerals (CMP)
Monday, May 9, 2011 - 9:32am | 146Deutsche Bank is out with its report today on Compass Minerals (NYSE: CMP), maintaining Hold. In a note to clients, Deutsche Bank writes, "With the severe winter weather depleting Compass and its customers inventories to below normal, and diesel costs up versus last year, Compass appears poised...
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Entree Gold to Acquire Remaining Interest in Blackjack (EGI)
Monday, May 9, 2011 - 9:04am | 87Entree Gold Inc.(NYSE: EGI) has entered into an agreement with Honey Badger Exploration Inc. to acquire Honey Badger's 49% interest in the Blackjack property, Nevada. Entree previously acquired a 51% interest in the property from Honey Badger pursuant to an Option Agreement dated July 20, 2009....
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Honey Badger Exploration Announces Sale of Nevada Blackjack (EGI)
Monday, May 9, 2011 - 8:08am | 156Honey Badger Exploration has entered into an agreement with a wholly owned subsidiary of Entree Gold (NYSE: EGI) to sell its interest in the HBE Blackjack property in the state of Nevada, USA. Pursuant to the terms of an option agreement between the Company and Entree dated July 20, 2009 (as...
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Wabtec Signs $21M Contract To Provide ECP Braking Equipment To Rio Tinto in Australia (WAB, RIO)
Monday, May 9, 2011 - 7:54am | 112Wabtec Corporation (NYSE: WAB) has signed a $21 million contract with Rio Tinto (NYSE: RIO), a leading international mining company, to provide electronically controlled pneumatic braking equipment for a portion of the company's freight cars and locomotives in Australia. The equipment will be...
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Wabtec Signs $21 Million Contract To Provide ECP Braking Equipment To Rio Tinto in Australia
Monday, May 9, 2011 - 7:51am | 108Wabtec Corporation (NYSE: WAB) has signed a $21 million contract with Rio Tinto (NYSE: RIO) to provide electronically controlled pneumatic (ECP) braking equipment for a portion of the company's freight cars and locomotives in Australia. The equipment will be delivered in 2011-12. Under the...
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Market updates: Greece, Chubu Electric, Munich Re, BARC, LLOY, CNA, TCG, ISAT, SRP, ELN, ALKS, VITA, BHP, HBC, LMI
Monday, May 9, 2011 - 6:08am | 1964BHP Billiton Limited (NYSE:BHP) is trading at a price of $95.50, says company and Australia poised to reap benefits of rebalancing of economic weight to Asia; but short to medium-term challenges remain. BHP Billiton Ltd Chairman Jacques Nasser said Monday he believes in a “go-slow” approach to...
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Taseko Grants Epcm Contract To Ausenco For GDP3 Project (TGB)
Friday, May 6, 2011 - 1:16pm | 42Taseko Mines Limited (NYSE: TGB) announces that Ausenco - Minerals and Metals has been awarded the Engineering Procurement and Construction Management contract for the $237 million infrastructure portion of the Gibraltar Development Plan 3 (GDP3) project.
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It Is Still A Dollar Story
Friday, May 6, 2011 - 9:38am | 137As long as the U.S. Dollar Index is declining lower this morning the major stock market indexes should remain strong. The leading commodities that were all crushed lower yesterday could all bounce up a bit on the back of a U.S. Dollar Index pullback. Traders must keep one eye on the dollar at all...
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CORRECTION: Horsehead Reports Q1 EPS of $0.19 vs. $0.16 Estimate (ZINC)
Friday, May 6, 2011 - 8:06am | 18CORRECTION: Horsehead (NASDAQ: ZINC) Reports Q1 EPS of $0.19 vs. $0.16 Estimate
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U.S. Dollar Spike Deflates Markets
Thursday, May 5, 2011 - 10:11am | 278This morning the European Central Bank (ECB) kept their benchmark interest rate unchanged at 1.25 percent. ECB President, Jean-Claude Trichet, made a statement that he never pre-committed on rates. This statement caused the U.S. Dollar Index to rally higher. Then once the weekly initial claims...
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Titanium Metals Corp (NYSE: TIE) Reports EPS of $0.16 vs. $0.15 Estimate; Revenues $252.00 vs. $231.4M Estimate
Thursday, May 5, 2011 - 7:09am | 183Titanium Metals Corporation (NYSE: TIE) reported net income attributable to common stockholders of $28.9 million, or $0.16 per diluted share, for the quarter ended March 31, 2011, compared to $16.7 million, or $0.09 per diluted share, for the quarter ended March 31, 2010. The Company's net sales...
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Top Gainers and Losers Stock Picks based on mkt cap (5/5/11)- PG, INTC, MSFT, NVS, GMCR, BHP, PBR, VALE, VALE.P, PBR.A
Thursday, May 5, 2011 - 6:35am | 1330Gainers: The Procter & Gamble Company (NYSE:PG) focused on providing consumer packaged goods is trading at a price of $66.47, a dramatic change of 1.16% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of...