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Fast Money Picks For February 10th (SWY, SLV, DOV, FCX, CVI)
Wednesday, February 9, 2011 - 8:09pm | 279CNBC Fast Money's Jon Najarian suggested to the viewers of the show to consider a long position in Safeway Inc. (NYSE: SWY). He owns call options. Safeway Inc. (SWY) gained 1.75% today, and closed at $21.56. Brian Kelly is bullish on silver, and he wants to buy iShares Silver Trust (ETF) (NYSE: SLV...
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Market Frothy Like a Cappuccino 02-09-2011
Wednesday, February 9, 2011 - 3:46pm | 1043Cusick's Corner As I noted yesterday this market is a little frothy with S&P March futures at 1320, a pullback could be warranted. Many traders are monitoring if critical, short-term support 1317 holds on the March S&P futures into the After Hours, which would be a good sign for the bulls...
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Freeport-McMoran Loses 3% (FCX)
Wednesday, February 9, 2011 - 12:51pm | 141Shares of high flying mining company Freeport-McMoran (NYSE: FCX) have lost 3.25% to $53.83 during Wednesday's trading session. The move in the stock comes along with a move lower in copper futures, which have lost 1.28% to $4.5155. In the last month, FCX shares have lost more than 8%, but have...
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CMP 4Q10 Below J.P. Morgan Estimates
Wednesday, February 9, 2011 - 10:19am | 117Yesterday, after the market close, Compass Minerals (NYSE: CMP) reported 4Q:10 EPS from operations of $1.70 versus $1.88 in 4Q:09, “and our estimate of $1.87,” J.P. Morgan reports. The Street Consensus was $1.82. “The ($0.17)/share difference between the reported results and our forecast was due to...
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Oppenheimer Comments On Compass Material Dismal Earnings
Wednesday, February 9, 2011 - 9:27am | 179Compass Material (NYSE: CMP) reported 4Q10 adjusted EPS of $1.70, down 9.3% yoy, $0.08 below Oppenheimer's estimate. Significant volume improvement and better than expected pricing in Specialty Fertilizer were offset by lower margins. Compass expects SOP pricing to improve with 1Q11 at ~$575/ton,...
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Options Brief: Northern Dynasty Minerals (NAK)
Tuesday, February 8, 2011 - 1:59pm | 77Shares of Northern Dynasty Minerals (NYSE: NAK) are lower on the session by 2.28%, trading at $20.60. Overall put volume is now running at 3.50x the daily average, with 23% of all puts traded being purchases on the offer. 2,873 contracts have traded on the session so far. Northern Dynasty Minerals...
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Dr Faessel 2-7-2011
Monday, February 7, 2011 - 11:57am | 2346Copper at all-time highs...4.57* BULLISH Sentiment as measured by AAII has been above its historic average for 22 consecutive weeks, the second-longest period ever. ** (see complete overview below) But let's think about from whence we fell: It was from (SPX) 1300 (or about Dow 12,000) when...
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Fast Money Picks For February 7th (UPL, ANF, GLW, TCK)
Sunday, February 6, 2011 - 6:19pm | 183On CNBC's Fast Money, Joe Terranova suggested to investors to buy Ultra Petroleum Corp. (NYSE: UPL) on Monday. Ultra Petroleum Corp. (UPL) jumped 2.02% on Friday, and it closed at $49.05. Guy Adami thinks that it would be wise to buy Abercrombie & Fitch Co. (NYSE: ANF) on Monday. Abercrombie...
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Mining Stocks News; Newmont (NYSE:NEM) Expands Nevada Growth Potential With Acquisition of Fronteer Gold (TSX, NYSE Amex: FRG)
Friday, February 4, 2011 - 9:00am | 53DENVER - February 4, 2011 (Investorideas.com Mining stocks newswire) - Newmont Mining Corporation (NYSE:NEM) and Fronteer Gold Inc. (TSX, NYSE Amex: FRG) today announced that they have entered into an agreement pursuant to which Newmont will acquire all of the outstanding common shares of Fronteer...
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Mining Stocks News; Newmont (NYSE:NEM) Expands Nevada Growth Potential With Acquisition of Fronteer Gold (TSX, NYSE Amex: FRG)
Friday, February 4, 2011 - 9:00am | 53DENVER - February 4, 2011 (Investorideas.com Mining stocks newswire) - Newmont Mining Corporation (NYSE:NEM) and Fronteer Gold Inc. (TSX, NYSE Amex: FRG) today announced that they have entered into an agreement pursuant to which Newmont will acquire all of the outstanding common shares of Fronteer...
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Horizonte Minerals raises new cash to fast-track Araguaia nickel project in Brazil
Friday, February 4, 2011 - 5:27am | 528Horizonte Minerals (LON:HZM) , the AIM-quoted mineral exploration and development company working in Brazil, has raised £8.25m in share placing priced at 25p in response to what it called “institutional demand”. The Horizonte share price has jumped from 15p since the start of the year, reaching...
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ZeroHedge: Rio Tinto May Be Looking At Freeport-McMoran (RTP, FCX)
Thursday, February 3, 2011 - 1:36pm | 52Tyler over at ZeroHedge just tweeted that their is some chatter in the marketplace that Rio Tinto (NYSE: RTP) may be interested in Freeport-McMoran (NYSE: FCX). That would be a massive acquisition, but maybe a possibility?
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Options Brief: Fronteer Gold Inc. (FRG)
Thursday, February 3, 2011 - 11:34am | 74Shares of Fronteer Gold Inc. (AMEX: FRG) are higher on the session by 37.88%, trading at $14.34. Overall call volume is now running at 3.21x the daily average, with 26% of all calls traded being purchases on the offer. 2,076 contracts have traded on the session so far. Fronteer Gold Inc., formerly...
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Morning Market Movers (FRG, HNSN, DSCI, SGI)
Thursday, February 3, 2011 - 11:04am | 148Fronteer Gold Inc (AMEX: FRG) jumped 39.52% to $14.51 at 10:00 am. Newmont Mining Corp (NYSE: NEM) announced its plans to buy all of the outstanding common shares of FRG for C$2.3 billion by way of a Plan of Arrangement. Hansen Medical Inc (NASDAQ: HNSN) shares advanced 36.71% to $2.16. Philips...
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Active Screen: CANSLIM for February 2nd
Thursday, February 3, 2011 - 9:54am | 1165Our CANSLIM screen from lat week introduced a new stock, Free McMoran (FCX) at the expense of Netflix (NFLX). It joined the other stocks, Apple (AAPL), Baidu (BIDU), Research in Motion (RIMM), Celgene Corporation (CELG), Cognizant Technology Solutions (CTSH), Southwestern Energy (SWN), Intuitive...