-
Copper Stocks Lose Some Ground
Wednesday, January 19, 2011 - 11:48am | 148Two of the leading copper stocks are trading lower this morning as the major stock market indexes all decline. Freeport McMoRan Copper & Gold Inc.(NYSE: FCX) is selling off by $1.68 to $116.94 a share. FCX will have short term intra-day support around the $116.50 and $115.00 levels. Southern...
-
China Shen Zhou Mining & Resources Selling $20 Million In Mixed-Shelf Offering (SHZ)
Wednesday, January 19, 2011 - 11:44am | 107China Shen Zhou Mining & Resources (NYSE: SHZ) announced this morning it would be selling approximately $20 million of common stock at a price of $7.05 per share. It will issued 2,836,883 shares to institutional investors. It will also issue warrants to buy up to an additional 851,066 shares...
-
Stock Market News for Jan 19, 2011 - Market News
Wednesday, January 19, 2011 - 11:31am | 1488Investors' optimism helped markets close higher as stocks continued to gain momentum after an upbeat manufacturing report released by the Federal Reserve Bank of New York. The report helped energy and material share prices to go up despite weak Citigroup results and sliding prices of Apple (NASDAQ...
-
Investors Steel Selves for Steel's 2011
Wednesday, January 19, 2011 - 11:30am | 318(TheStreet) -- Steelmakers have lifted prices for certain products to levels not seen since the boom era, inducing a bullish spirit in some industry watchers, who say share prices among steel names have yet to catch up. A run-up in raw materials prices has helped steel mills press home higher...
-
IBM Beats on Strong Revenues - Analyst Blog
Wednesday, January 19, 2011 - 10:31am | 1656International Business Machines Corp. (IBM) reported strong fourth quarter 2010 earnings, beating the Zacks Consensus Estimate by a dime. This solid result was primarily driven by continued margin expansion in the quarter, based on better than expected revenue performance by Hardware and Software...
-
China Shen Zhou Mining & Resources Announces Offering of Approximately $20M of Common Stock and Warrants
Wednesday, January 19, 2011 - 10:16am | 114China Shen Zhou Mining & Resources, Inc. (NYSE: SHZ) today announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $20 million of common stock at a price of $7.05 per share. The Company will...
-
Stock Market News for Jan 19, 2011 - Market News
Wednesday, January 19, 2011 - 10:15am | 1488Investors' optimism helped markets close higher as stocks continued to gain momentum after an upbeat manufacturing report released by the Federal Reserve Bank of New York. The report helped energy and material share prices to go up despite weak Citigroup results and sliding prices of Apple (NASDAQ...
-
IBM Beats on Strong Revenues - Analyst Blog
Wednesday, January 19, 2011 - 10:09am | 1656International Business Machines Corp. (IBM) reported strong fourth quarter 2010 earnings, beating the Zacks Consensus Estimate by a dime. This solid result was primarily driven by continued margin expansion in the quarter, based on better than expected revenue performance by Hardware and Software...
-
Cargill to Divest Itself of Massive Mosaic (MOS) Opening Up Potential for Acquisition Bid
Wednesday, January 19, 2011 - 9:00am | 1219Since this website began in 2007, I've been questioning what the heck Cargill is doing with its stake in Mosaic (MOS). The percent ownership was so large it did not allow for any realistic takeover bid for the company, but when owning 2/3rds why not go the full monty? Last night, Cargill...
-
Mad Money Lightning Round: Cramer Likes Whole Foods (TGB, CSTR, WFMI, CMG, SNV, BBT)
Wednesday, January 19, 2011 - 5:13am | 200On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Taseko Mines (AMEX: TGB) is a “second-tier company but I like copper so much I'll recommend it as a speculative play." For Coinstar (NASDAQ: CSTR), he said, "I think it was an over-reaction to the downside, but I am not a...
-
Rio Tinto Should Hike Dividend, RBS Says
Wednesday, January 19, 2011 - 3:18am | 163Rio Tinto (NYSE: RIO), the world's third-largest mining company, should give consideration to a higher dividend payment, according to Royal Bank of Scotland, which pointed to Rio's improving cash position as one reason a higher payout should be considered. Rio, the world's number two iron ore...
-
Horsehead Holding Corporation - Value
Wednesday, January 19, 2011 - 3:01am | 668Horsehead Holding Corporation (ZINC) is cashing in on the perfect storm of strong demand for zinc products and higher zinc and nickel prices. The company has surprised on estimates 3 out of the last 4 quarters by an average of 35.6%. Will it do it again in the fourth quarter? Horsehead Holding is...
-
Horsehead Holding Corporation - Value
Wednesday, January 19, 2011 - 1:00am | 668Horsehead Holding Corporation (ZINC) is cashing in on the perfect storm of strong demand for zinc products and higher zinc and nickel prices. The company has surprised on estimates 3 out of the last 4 quarters by an average of 35.6%. Will it do it again in the fourth quarter? Horsehead Holding is...
-
Aggressive Growth Stock Picks- Jan.19, 2011 - Zacks Rank Buys
Wednesday, January 19, 2011 - 1:00am | 167COMPLETE PRODUC (CPX): Free Stock Analysis Report POLYONE CORP (POL): Free Stock Analysis Report TECK RESOURCES (TCK): Free Stock Analysis Report TENNECO INC (TEN): Free Stock Analysis Report Zacks Investment Research
-
Avnet Gets Upgraded as Semiconductor Stocks in General Repopulate our High Quality List
Wednesday, January 19, 2011 - 12:34am | 1379Model Portfolio Daily Update: January 18, 2011 Subscribers log in for the full report: This content is for members only. New Actions Required: This content is for members only. Of Note: Avnet Inc. (AVT) was upgraded to Buy from Neutral with a $41 price target today by Longbow Research. This is...