-
BHP Could Turn An Eye To Anadarko, Woodside Following Potash Miss
Friday, November 5, 2010 - 1:28am | 216BHP Billiton (NYSE: BHP) freshly scorned by Canada's government in its attempt to acquire Potash Corp. (NYSE: POT) may now turn its attention to acquiring Anadarko Petroleum (NYSE: APC) or Australia's Woodside Petroleum, according to UBS. Texas-based Anadarko, one of the largest independent U.S....
-
Karen Finerman Says Potash "Unbuyable" (POT)
Thursday, November 4, 2010 - 5:31pm | 40Karen Finerman says that Potash Corp. (NYSE: POT) may be "unbuyable", as BHP Billiton (NYSE: BHP) failed in its attempt to purchase the company.
-
Horsehead Holding Corp Misses EPS Estimates; Posts Solid Revs (ZINC)
Thursday, November 4, 2010 - 4:28pm | 227Horsehead Holding Corp. (ZINC) reports Q3 earnings loss of $0.05 versus consensus of $0.03 loss. Horsehead Holding Corp. reports revenues of $90.5 million versus consensus of $69.21 million. Zinc product shipments increased 4,135 tons, or 13.5%, to 34,703 tons for the quarter. Net sales increased...
-
Robust Growth for Titanium Metals - Analyst Blog
Thursday, November 4, 2010 - 2:33pm | 588Titanium Metals Corporation (TIE) reported net earnings of $21.5 million or 12 cents in the third quarter of 2010 surpassing the Zacks Consensus Estimate of 11 cents and increasing from the prior-year earnings of $1.1 million or 1 cent. The robust growth in earnings was the result of lower raw...
-
Company News for November 4, 2010 - Corporate Summary
Thursday, November 4, 2010 - 1:54pm | 826• Qualcomm (NASDAQ: QCOM) posted better-than-expected third-quarter earnings of $0.68, up from estimates of $0.59, and revenues of $2.95 billion, that beat estimates of $2.85 billion • NRG Energy (NYSE: NRG) posted a third quarter earnings and revenue miss, with results of $0.87 below estimates for...
-
Are Material Stocks Still A Buy (X, FCX)
Thursday, November 4, 2010 - 12:42pm | 123Materials have had an incredible run, from companies like Freeport McMoran (NYSE: FCX) to BHP Billiton (NYSE: BHP) to Rio Tinto (NYSE: RIO). But are they still a buy? At first glance, these companies aren't trading at absurd valuations, and with easy monetary policy, these commodity runs can...
-
Following Potash Corp. Rejection, BHP Billiton Will Look To Sweet The Deal
Thursday, November 4, 2010 - 10:47am | 109The Canadian government has indicated that it will move to block BHP Billiton's (NYSE: BHP) acquisition of Potash Corporation (NYSE: POT), but will not render a final decision for 30 days, Dahlman Rose & Co. reports. “We anticipate that BHP will look to sweeten its tax, royalty and investment...
-
Canada Blocks BHP's Potash Bid
Thursday, November 4, 2010 - 8:44am | 332Canada blocked BHP Billiton's (NYSE: BHP) ( $39 billion bid for Potash Corp (NYSE: POT) and left little room for a modified offer, throwing the spotlight on how the world's largest miner can find new avenues for growth. Canada said the deal would not benefit the country, delivering a major blow to...
-
Canada Surprises Market by Rejection of BHP Billiton's (BHP) Bid for Potash (POT)
Thursday, November 4, 2010 - 8:35am | 1395A quite stunning rejection of the BHP Billiton (BHP) bid for Potash (POT). While "conditional" on the surface, it appears to have driven a stake through the heart of the deal. What is fascinating is these are 2 cultures that both derive from England, so it is not a matter of "some foreigners want...
-
RTI Biologics Announces 2010 Third Quarter Results
Thursday, November 4, 2010 - 8:17am | 231RTI Biologics Inc. (RTI) (NASDAQ: RTIX) reported operating results for the third quarter ended Sept. 30, 2010 as follows: Quarterly Highlights: Achieved quarterly revenues of $41.8 million, with gross margin of 48 percent. Achieved growth in the domestic sports medicine business of 20...
-
Canada Rejects BHP's Potash Bid
Wednesday, November 3, 2010 - 10:37pm | 298In a stunning turn of events, Canada's government followed the lead of Saskatchewan's provincial authorities and has rejected BHP Billiton's (NYSE: BHP) $38.6 billion hostile takeover offer for Potah Corp. (NYSE: POT), the world's largest fertilizer producer. Industry Minister Tony Clement has...
-
Canadian Government Blocks Potash Bid (BHP, POT)
Wednesday, November 3, 2010 - 5:57pm | 47The Canadian government has blocked the BHP Billiton (NYSE: BHP) bid for Potash (NYSE: POT). Shares of POT are dropping sharply on this news. At last check, shares were down $7.50 to $137.91.
-
Compass Minerals Declares Dividend of $.39
Wednesday, November 3, 2010 - 4:43pm | 40The board of directors of Compass Minerals (NYSE: CMP) has declared a quarterly cash dividend of $0.39 per share payable on December 15, 2010, to shareholders of record at the close of business on December 1, 2010.
-
Ivanhoe: Copper Mining in Mongolia (IVN)
Wednesday, November 3, 2010 - 12:57pm | 138"For much of their history, Mongolians described themselves as 'beggars sitting on a huge pile of gold;" suggests international investing expert Nicholas Vardy. The editor of The Global Bull Market Alert explains, "Even Genghis Khan knew about Mongolia's massive mineral deposits. He just had no...
-
11-3-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Wednesday, November 3, 2010 - 12:00pm | 4509Stephen Bernard, AP Business Writer Stocks waver ahead of Federal Reserve announcement Stocks trade in tight range amid questions over about size of Fed stimulus program NEW YORK (AP) — Stocks traded in a tight range Wednesday as investors turned their attention to the Federal Reserve after there...