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Stocks to watch Technically (NAK),(GFA),(SIGM),(IM),(FTO),(ITUB),
Wednesday, December 29, 2010 - 12:09pm | 52Stocks to watch Technically (NAK),(GFA),(SIGM),(IM),(FTO),(ITUB),
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Rare Earth Stocks Ripping Higher (MCP, REE, SHZ)
Wednesday, December 29, 2010 - 11:29am | 66Rare earth stocks continue to show strong momentum this morning. Shares of China Shen Zhou Mining & Resources Inc. (AMEX: SHZ) are up over 20%, while Rare Element Res Ltd Ordinary Shares (AMEX: REE) is up around 10%, and Molycorp (NYSE: MCP) is up around 6.4%.
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Puts Purchased on Sterlite Industries (SLT)
Wednesday, December 29, 2010 - 11:24am | 134Shares of Sterlite Industries (NYSE: SLT) are higher on the session by 3.78%, currently trading at $16.49. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Morning Market Movers (PULS, SHZ, MSHL, MRNA)
Wednesday, December 29, 2010 - 11:04am | 129Pulse Electronics Corporation (NYSE: PULS) jumped 24.77% to $5.44 at 10:00 am. PULS reported that it has received a letter from Bel Fuse Inc. China Shen Zhou Mining & Resources Inc (AMEX: SHZ) climbed 17.09% to $6.44. SHZ's trailing-twelve-month profit margin is 106.99%. Marshall Edwards Inc (...
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Top M&A Deals Of 2010
Wednesday, December 29, 2010 - 10:34am | 327The Wall Street Journal has published a list of what it considers to be the five most important M&A deals of 2010. Hewlett-Packard (NYSE: HPQ) and 3Par are the first on the list. Hewlett-Packard acquired 3Par for $2.1 billion after battling with Dell (NASDAQ: DELL) to take ownership of the...
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Stock Market News for Dec 29, 2010 - Market News
Wednesday, December 29, 2010 - 10:33am | 787After-effects from the blizzard which had hit the northeast continued as trading volumes remained thin for the second consecutive day and markets closed mixed on Tuesday. Oil prices and energy stocks, nonetheless, moved up primarily due to the blizzard. The Dow Jones Industrial Average was up 0...
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Stock Market News for Dec 29, 2010 - Market News
Wednesday, December 29, 2010 - 10:06am | 787After-effects from the blizzard which had hit the northeast continued as trading volumes remained thin for the second consecutive day and markets closed mixed on Tuesday. Oil prices and energy stocks, nonetheless, moved up primarily due to the blizzard. The Dow Jones Industrial Average was up 0...
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Deutsche Bank Has Hold On Freeport (FCX)
Wednesday, December 29, 2010 - 9:01am | 36Deutsche Bank has a Hold rating and a $95 price target on shares of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). Shares of FCX lost 15 cents yesterday to close at $118.13.
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Options Brief: Thompson Creek Metals Company (TC)
Tuesday, December 28, 2010 - 4:38pm | 76Shares of Thompson Creek Metals Company (NYSE: TC) are higher on the session by 5.07%, trading at $13.89. Overall call volume is now running at 2.19x the daily average, with 55% of all calls traded being purchases on the offer. 1,268 contracts have traded on the session so far. Thompson Creek...
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Horsehead Holding Soars 10%, Approaches 52-Week High (ZINC)
Tuesday, December 28, 2010 - 2:57pm | 143Shares of Horsehead Holding Corp. (Nasdaq: ZINC) are currently up 10% at $13.70 per share during Tuesday afternoon trading. Today's trading range for shares of Horsehead Holding Corporation has been between $12.54 and $13.70 per share. The consensus price target of analysts covering the company's...
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General Moly Up 8.6% After Hitting 52-Week High (GMO)
Tuesday, December 28, 2010 - 2:51pm | 174Shares of General Moly, Inc. (AMEX: GMO) are trading up 8.6% at $6.41 per share during the Tuesday afternoon trading session. The stock prices of rare earth metals companies took off today after China lowered its export quotas for rare earth metals. The day's trading range for shares of General...
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China Shen Zhou Mining & Resources Soars 20% (SHZ)
Tuesday, December 28, 2010 - 2:07pm | 153Shares of China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ) are currently up 20% at $5.46 per share during Tuesday afternoon trading. The stock prices of companies dealing in rare earth metals have been soaring today because China has lowered its export quotas for the resources that are...
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Rare Earth Sector Ticking Lower After MolyCorp CNBC Appearance (MCP, REE, SHZ)
Tuesday, December 28, 2010 - 2:03pm | 105After a brief CNBC appearance touching on the mining operations of MolyCorp (NASDAQ: MCP), shares of MolyCorp have reversed from their 3.5-point highs today and are now barely positive on the session. At last check shares of MolyCorp were trading at $49.64. Shares of Rare Element Resources (AMEX:...
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Options Brief: General Moly (GMO)
Tuesday, December 28, 2010 - 1:08pm | 93Shares of General Moly (AMEX: GMO) are higher on the session by 9.66%, trading at $6.46. Overall call volume is now running at 5.10x the daily average, with 22% of all calls traded being purchases on the offer. 3,205 contracts have traded on the session so far. General Moly, Inc. engages in the...
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Benzinga's Volume Movers (SEED, ASMI, ZINC, AEM)
Tuesday, December 28, 2010 - 11:41am | 152Origin Agritech Limited (NASDAQ: SEED) shares moved up 13.83% to $10.95 at 10:40 am. The volume of SEED shares traded was 403% higher than normal. SEED's trailing-twelve-month ROE is 18.68%. ASM International NV (NASDAQ: ASMI) shares rose 2.67% to $34.28. The volume of ASMI shares traded was 259%...