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Almaden Minerals Ltd. Announces the Adoption of Shareholder Rights Plan
Tuesday, April 19, 2011 - 4:54pm | 162The Board of Directors of Almaden Minerals Ltd. (NYSE: AAU) has adopted, subject to any NYSE Amex acceptance or approval as may be required, a shareholder rights plan. The TSX has given conditional approval to the Plan. The Plan is not intended to prevent takeover bids for the Company, to secure...
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The Falling U.S. Dollar Index Saves The Day
Tuesday, April 19, 2011 - 3:31pm | 213The major stock market indexes have all rallied back higher this afternoon as the U.S. Dollar Index(DXY) makes new intra-day lows. When the U.S. Dollar Index declines it will help to inflate most stocks and commodities higher. This inverse correlation to the dollar has been going on for years now....
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Copper Soaring Higher After Supply Concerns -Bloomberg(FCX)
Tuesday, April 19, 2011 - 11:06am | 41Copper is rising on strong volume in New York. This occurred after Freeport-McMoRan Copper & Gold (NYSE: FCX) has halted the underground mining at an Indonesian site, adding to concern about supply reported Bloomberg.
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China Shen Zhou Receives a Going Concern Qualification for the 2010 Year (SHZ)
Tuesday, April 19, 2011 - 9:31am | 52China Shen Zhou Mining & Resources (NYSE: SHZ) today announced that its audited financial statements in the Company's Form 10-K for the fiscal year ended December 31, 2010 filed on March 29, 2011, received a going concern qualification from Sherb & Co. LLC, the Company's independent...
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3 Commodities ETFs You Used To Like, But Can't Like Now, But Might Be Able To Like Again Later
Tuesday, April 19, 2011 - 2:24am | 443Things are not well these days across myriad corners of the market. Excluding gold and silver, the same can be said of many commodities and their corresponding ETFs and ETNs. That's led to troublesome declines in ETFs and ETNs that were previously darlings and not just commodities darlings, but...
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Commodity Stocks Get Rocked
Monday, April 18, 2011 - 11:00am | 219This morning the leading commodity stocks are declining sharply after a downgrade warning to the United States was issued by Standard & Poors. The U.S. Dollar Index is also trading higher and that will usually help to deflate asset and commodity prices. Leading commodity stocks such as Freeport...
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Top 4 Small-Cap Stocks In The General Building Materials Industry With The Highest ROE (AAON, AMN, ACO, NX)
Monday, April 18, 2011 - 12:47am | 136Below are the top small-cap general building materials stocks on the NYSE and the NASDAQ in terms of return on equity. The trailing-twelve-month return on equity at AAON Inc (NASDAQ: AAON) is 18.65%. AAON's operating margin for the same period is 13.38%. The trailing-twelve-month return on equity...
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Trend Continues to be Your Friend 04-15-2011
Friday, April 15, 2011 - 6:52pm | 891Cusick's Corner The market finished in the green today, but not enough to salvage the week which finished down. While this was an orderly pullback, the market appeared overbought so this was somewhat expected. Traders had mixed earnings and headline risks from the EU to contend with, while the...
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Weird Dynamic at Play 04-15-2011
Friday, April 15, 2011 - 3:35pm | 980Cusick's Corner The market is up, bonds are up, earnings were mixed and the data was in line -- the trend is still strong. Bonds and Equities going up at the same time is a weird dynamic, one that traders are watching closely because this breaks from their contradictory nature that they usually...
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Active Screen - CANSLIM: Top 8 for April 15th
Friday, April 15, 2011 - 12:11pm | 1120For another week there was no change at the top (ranked by Market Cap): Apple (AAPL), Vale S.A. (VALE), Free McMoran (FCX), Barrick Gold (ABX), Baidu (BIDU), Research in Motion (RIMM), Cognizant Technlogy (CTSH), and Intuitive Surgical (ISRG). The Screener setup was as follows: Apple (AAPL) is...
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Oppeheimer Adjusting Model On Compass Minerals
Thursday, April 14, 2011 - 8:35am | 119According to Oppenheimer, Compass Minerals (NYSE: CMP) pre-announced 1Q11 highway deicing sales volume of 4,278,000 tons, 1.9% above its previous estimate. Oppenheimer reported that compared to sales of 3,950,000 tons in 1Q10, volumes increased 8.3%, although "the company's ability to serve areas...
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Mad Money Lightning Round OT: Cramer Likes HCSG (MTL, FCX, ANDE, HCSG)
Wednesday, April 13, 2011 - 7:24pm | 192Jim Cramer said on CNBC's Mad Money Lightning Round OT that he can't recommend a Russian stock. Instead of Mechel OAO (ADR) (NYSE: MTL), he would buy Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). Mechel OAO (ADR) (MTL) gained 1.29% on Wednesday, while Freeport-McMoRan Copper & Gold Inc...
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Dahlman Rose Maintains Rio Tinto PT, Lowers Estimates (RIO)
Wednesday, April 13, 2011 - 4:09pm | 78Dahlman Rose maintained its Rio Tinto (NYSE: RIO) $127 price target and lowered Rio Tinto's 2011 estimates in a research report published today. In the report, Dahlman Rose states, "In Rio Tinto's 1Q11 operations review, the company reported that adverse weather conditions across Australia, most...
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Dahlman Rose Maintains Rio Tinto PT, Lowers Estimates (RIO)
Wednesday, April 13, 2011 - 4:08pm | 78Dahlman Rose maintained its Rio Tinto (NYSE: RIO) $127 price target and lowered Rio Tinto's 2011 estimates in a research report published today. In the report, Dahlman Rose states, "In Rio Tinto's 1Q11 operations review, the company reported that adverse weather conditions across Australia, most...
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Metalline Appoints Chief Financial Officer
Tuesday, April 12, 2011 - 9:16am | 135Metalline Mining Company (NYSE: MMG) is pleased to announce the appointment of Sean Fallis as Chief Financial Officer effective April 15, 2011. Mr. Fallis was hired in February 2011 as VP of Finance. Mr. Fallis is a Chartered Accountant and was formerly the corporate controller of gold producer...