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Aussie Brokerage Firm Still Sees BHP Takeover Of Woodside
Sunday, April 3, 2011 - 6:54pm | 379Australia's Southern Cross Equities still thinks BHP Billiton (NYSE: BHP), the world's largest mining company, wants to acquire Woodside Petroleum, Australia's second-largest oil and natural gas producer, an acquisition that several other investment banks have voiced doubt over in recent days....
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Looking For A Solid Move To Start April? Joke's On You! (RIO, FCX, NEM, SCCO, X, AKS, MT, DIA, SPY, SLB, OXY, HAL)
Friday, April 1, 2011 - 6:12pm | 680The market has been steadily climbing for the past two weeks, putting in small gains but seemingly remaining unsure of itself as divergences in different indices and sectors began to accumulate. Traders were looking to Friday's important economic data (Jobs Report, ISM Index, and Construction...
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U.S. Dollar Index Rally Drops Commodities
Friday, April 1, 2011 - 10:21am | 216The rally in the U.S. Dollar Index(DXY) has helped to drop commodities sharply lower this morning. Since June 7, 2010 the U.S. Dollar Index(DXY) has declined lower by nearly 15.0 percent and this has helped most commodities soar to new highs. Traders should watch for intra-day pullbacks in the...
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Active Screen - CANSLIM: Top 8 for April 1st
Friday, April 1, 2011 - 10:17am | 1006For this week the Top-8 as ranked by Market Cap are 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) continues to hold the 50-...
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Guru Investing: 5 Safe Stocks Ken Fisher Is Buying
Thursday, March 31, 2011 - 5:57pm | 124Here's a look at five stocks guru investor Ken Fisher held during the most recent reporting period. Please use this list below as a starting point for your own own due diligence. BHP Billiton (BHP) BHP had EBT margins of 37.07% and 23.14% in FY 2010 and FY 2009. The company made $52.79 billion in...
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6 Excellent Ways to Buy Coal
Thursday, March 31, 2011 - 5:52pm | 129We decided to take a look at coal sector. Here are the six names we like right now, plus some commentary on each. Rio Tinto PLC ADR (RIO): If you want to play China's increasing desire for king coal, Rio Tinto could be a good bet. This global miner possesses an “A-list,” low-cost asset base...
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Divergences Galore; Market Remains Indecisive (USO, UNG, APA, DVN, RRC, GAS, X, MT, AKS, NUE, FCX, NEM)
Thursday, March 31, 2011 - 4:50pm | 640Thus far, this trading week has been full of reversals and divergences mainly emanating out of the materials and commodities sectors. Traders and investors seem to be unsure as to where the market should be and in what direction it should head. For example, after disappointing inventory data,...
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Under The Hood: Dr. Copper
Thursday, March 31, 2011 - 2:04pm | 432Considering all the attention copper gets as an economic bellwether, equity-based copper ETFs don't get as much fanfare. Sure, the universe is limited to two important players and it wouldn't be accurate to describe either as "undiscovered," but they aren't the most popular kids at the ETF party...
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Infrastructure Breakout: Brazil, India Infrastructure ETFs May Have More In Store
Thursday, March 31, 2011 - 1:03pm | 395Emerging markets ETFs have certainly started to awaken from their slumber earlier this year and that is certainly true of Brazil and India-specific ETFs. Of course this theme makes funds such as the iShares MSCI Brazil Index Fund (NYSE: EWZ) and the India equivalents worth a look, but there is...
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Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividend Of $0.25 Per Share
Thursday, March 31, 2011 - 12:24pm | 89Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.25 per share payable on May 1, 2011 to holders of record as of April 15, 2011 for its common stock. FCX is a leading international mining company with headquarters in Phoenix, Arizona. FCX operates large,...
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Newmont Mining Hitting Fresh Highs (NEM, FCX, SCCO, RIO)
Thursday, March 31, 2011 - 11:33am | 114Shares of Newmont Mining Corp (NYSE: NEM) are pushing to new intraday highs at the same time shares of its mining counterparts are selling off. Rio Tinto (NYSE: RIO), Freeport McMoRan (NYSE: FCX), and Southern Copper have come off of their highs, as a slight selloff in all three names began around...
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Taseko Mines Files $350M Mixed Security Shelf
Thursday, March 31, 2011 - 10:54am | 17Taseko Mines (NYSE: TGB) Files $350M Mixed Security Shelf
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Mining Shares Bucking The Trend (SCCO, FCX, NEM)
Thursday, March 31, 2011 - 10:25am | 154Shares of mining companies are continuing the impressive move which they began yesterday afternoon. Despite a neutral overall market, Freeport McMoRan (NYSE: FCX), Newmont Mining Corp (NYSE: NEM), and Southern Copper (NYSE: SCCO) are showing strength as copper futures are holding a 0.3% gain....
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Pre-market News and Views
Thursday, March 31, 2011 - 9:37am | 345The S&P 500 e-mini(ES M1) futures began to decline around 5:00 am EST and are trading lower by 2.50 to 1321.50 per contract. At 8:30 am EST the initial jobless claims report was released and declined by 6,000 to 388,000 claims. This number was expected by most economists. Tomorrow is the highly...
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Mining Shares Prove Resilient (FCX, SCCO, NEM, RIO)
Wednesday, March 30, 2011 - 4:37pm | 224It was a wild day for shares of mining companies Freeport McMoran (NYSE: FCX), Southern Copper Corp (NYSE: SCCO), Newmont Mining (NYSE: NEM), and Rio Tinto (NYSE: RIO). All of them began the day in positive territory but came under intense selling pressure in the middle of the session as copper...