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Top Percentage Gainers And Losers As Of 8:45 a.m. 4/12/2011 (EXEL, GS, KITD, CYH, CBLI, LVLT, UBS, EXTR, AA, BBL, F, BP)
Tuesday, April 12, 2011 - 8:58am | 372Best 1) Excelixis (NASDAQ: EXEL): Trading up 11.67% to $12.34 after a report came out saying that the company is working Goldman Sachs (NYSE: GS) to prepare for takeover offers. The action is in response to a positive study regarding its experimental prostate-cancer drug. 2) Kit digital (NASDAQ:...
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General Moly Announces Milestone for Mt. Hope Environmental Impact Statement
Tuesday, April 12, 2011 - 8:35am | 132General Moly (NYSE: GMO) announced that on Monday, April 11, 2011, the Bureau of Land Management circulated the second draft of the Mt. Hope project's Preliminary Draft Environmental Impact Statement to cooperating agencies. Cooperating agencies will review the second draft of the PDEIS and...
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Benzinga's Top ETF Gainers, April 11th (DTO, ERY, EDZ, SMN)
Monday, April 11, 2011 - 6:50pm | 220Powershares DB Crude Oil Double Short ETN (NYSE: DTO) jumped 8.20% on Monday, and it closed at $40.70. Crude oil traded sharply lower after IMF lowered its economic forecasts for the U.S. and Japan. Direxion Daily Energy Bear 3X Shares(ETF) (NYSE: ERY) gained 5.03% on the weakness in the energy...
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Copper Stocks Look Corroded Today
Monday, April 11, 2011 - 3:47pm | 254All of the major copper stocks are declining sharply lower today with most other leading commodities. The iPath Dow Jones-UBS Copper Subindex Total Return ETN(NYSE: JJC) tracks copper and is declining lower this afternoon by 0.82 cents to $59.01 a share. Often traders and investors will follow...
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How To Trade Alcoa's Earnings (AA, ACH, RIO)
Monday, April 11, 2011 - 2:44pm | 243Aluminum giant Alcoa (NYSE: AA) is set to kick off earnings season tonight, and analysts and Wall Street will be looking for guidance on inflation, and input costs, as aluminum is the most energy intensive commodity to produce. Wall Street analysts will be looking for earnings of 27 cents on $6.07...
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Metalline Appoints Chief Financial Officer (MMG)
Monday, April 11, 2011 - 1:45pm | 135Metalline Mining Company (AMEX: 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...
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Manic Merger Monday In Effect Yet Again (LVLT, TSTY, GLBC, BHP)
Monday, April 11, 2011 - 8:22am | 278You better figure out what you're gonna wear, because it's another manic merger Monday. So far, we've seen Level 3 Communications (NASDAQ: LVLT) buying Global Crossing Ltd. (NASDAQ: GLBC) for a 50%+ premium, as the company looks to expand its offerings across the globe. The deal is worth $23.04...
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BHP Doesn't Know How Woodside Rumor Started
Monday, April 11, 2011 - 3:58am | 185BHP Billiton (NYSE: BHP), the world's largest mining company, is saying it has no knowledge of how speculation regarding the company mulling a $48.5 billion takeover of Woodside Petroleum (PK: WOPEY), Australia's second-largest oil and natural gas producer, started. Speculation has intensified in...
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Dividend Based on the Price of Gold
Saturday, April 9, 2011 - 4:22pm | 494Here is an interesting inflation hedge for income investors. Newmont Mining Corporation (NEM) is planning its dividend payments based on the average sales price for gold. The expected payment date based on this formula is June 29, 2011. According to the company: "The annual payout will increase at...
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Rare Earth Run Continues, China Shen Zhou Mining & Resources Up 8% (SHZ, MCP, REE, AVL)
Friday, April 8, 2011 - 11:05am | 114China Shen Zhou Mining & Resources Inc. (NYSE: SHZ) shares are soaring this morning, as the other rare earth names are also moving higher. Shares of Molycorp (NYSE: MCP), Rare Elements Resources (NYSE: REE), Avalon Bay Resources (NYSE: AVL) are also moving higher today. At last check, shares...
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Active Screen - CANSLIM: Top 8 for April 8th
Friday, April 8, 2011 - 11:01am | 1150There was no change at the top for the eight stocks 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: Last weeks tepid...
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BHP Billiton Hits 52-Week High (BBL)
Friday, April 8, 2011 - 10:13am | 33BHP Billiton (NYSE: BBL) has hit a 52-week high in today's trading. At last check the year-to-date performance of BHP has been a gain of 9.9%.
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Miner Rio Tinto Acquires Majority Control of Riversdale Mining (RIO, RIV)
Friday, April 8, 2011 - 6:12am | 112Mining company Rio Tinto (NYSE: RIO) has acquired majority control of Riversdale Mining (ASX: RIV), Reuters is reporting on Friday. The news comes after more than 50% of Riversdale's shareholders accepted Rio Tinto's $4 billion takeover offer. Rio said in a statement it planned to accelerate...
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Fast Money Picks For April 8th (TCK, TBT, PLCE, HBC)
Thursday, April 7, 2011 - 7:59pm | 210On CNBC's Fast Money, Joe Terranova recommended a long position in Teck Resources Limited (NYSE: TCK). He likes copper and coal. Teck Resources Limited (TCK) fell 1.64% in the regular trading session, and it added 1.53% in the after hours. Brian Kelly thinks that the bailout of Portugal is...
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Compass Minerals Announces Price Increases on Deicing Products Sold Through Its Consumer and Industrial Business Unit
Thursday, April 7, 2011 - 4:05pm | 69North American Salt Company and Sifto Canada Corp., both subsidiaries of Compass Minerals (NYSE: CMP), have announced the following price increases on packaged and bulk deicing products for commercial, janitorial-sanitation and retail customers: $12 per short ton for rock salt products, $16 to...