-
Stock Market News for November 3, 2010 - Market News
Wednesday, November 3, 2010 - 10:00am | 1144Stocks advanced broadly on Tuesday as investors turned their focus toward the results of mid-term elections and a two-day Federal Reserve meeting that is expected to unveil more measures to revive the economy. The advance sent the Dow average to its highest close in more than six months as most of...
-
Benzinga's Top Downgrades (NEM, TGB, ALTR, CACI)
Wednesday, November 3, 2010 - 8:41am | 145Newmont Mining Corporation (NYSE: NEM) was downgraded by RBC Capital Markets from "sector perform" to "underperform." NEM's shares closed at $59.89 yesterday. Newmont Mining's 52-week trading range is $42.17-$65.50. Taseko Mines Limited (NYSE: TGB) was downgraded by Credit Suisse from "neutral" to...
-
Credit Suisse Downgrades TGB To Underperform
Wednesday, November 3, 2010 - 7:32am | 51Analysts at Credit Suisse downgrade Taseko Mines Limited (NYSE: TGB) from "neutral" to "underperform." The target price for TGB has been reduced from $8.25 to $5.5. TGB's shares lost 0.46% to close at $6.48 yesterday. More Analyst Ratings here
-
No Decision From Ottawa On BHP/Potash
Wednesday, November 3, 2010 - 12:14am | 129Canada's government has yet to make a decision on BHP Billiton's (NYSE: BHP) $38.6 billion hostile bid for Potash Corp. (NYSE: POT) despite the fact that Canadian press reports quoted sources as saying government officials were advocating approval of the bid. The Canadian government has until...
-
Taseko Mines Getting Hit After Hours (TGB)
Tuesday, November 2, 2010 - 4:44pm | 51Taseko Mines Limited (USA) (AMEX: TGB) is getting hammered after hours on an unconfirmed rumor that a mine could be blocked over environmental concerns. Shares of Taseko Mines closed the day at $6.48, a loss of 3 cents.
-
How to vote with your dollars
Tuesday, November 2, 2010 - 2:34pm | 1087What you should vote for The long term trend for the dollar Eight things to do...maybe I won't make the foolish mistake of pushing my personal political views into this letter. My wife calls my ideas crazy, if not...
-
Benzinga's Political Round Up
Tuesday, November 2, 2010 - 12:01pm | 177Australia unexpectedly raised rates last night, sending its currency higher. This is a positive for companies like BHP Billiton Limited (NYSE: BHP), who are based in Australia. The FDIC is suing a failed Illinois bank executives over the losses the bank accumulated, as it looks to recover some $2...
-
Zacks #1 Rank Additions for Monday - Tale of the Tape
Tuesday, November 2, 2010 - 11:33am | 343Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Autoliv Inc (ALV) Biogen Idec Inc (BIIB) British American Tobacco ADR (BTI) Brush Engineered Material (BW) Canon Inc ADR (CAJ) View the entire Zacks #1 Rank List. AUTOLIV INC (ALV): Free Stock Analysis Report BIOGEN IDEC INC...
-
Zacks Industry Outlook Highlights: U.S. Steel Corporation, POSCO, Vale, Rio Tinto and BHP Billiton - Press Releases
Tuesday, November 2, 2010 - 11:00am | 1227For Immediate Release Chicago, IL – November 1, 2010 – Today, Zacks Equity Research discusses the Steel Industry, including U.S. Steel Corporation (X), POSCO (PKX), Vale (VALE), Rio Tinto (RTP) and BHP Billiton (BHP). A synopsis of today's Industry Outlook is presented below. The full article can...
-
Thompson Creek Metals Upgraded to Outperform
Tuesday, November 2, 2010 - 10:24am | 31RBC Capital Marktes upgrades Thompson Creek Metals (NYSE: TC) from Sectro Perform to Outperform. The analysts also raised the price target from $13 to $15.
-
Why Molybdenum Miners Are Soaring?
Monday, November 1, 2010 - 1:26pm | 156The race is on to control global molybdenum and uranium assets. On September 27th,2010 I wrote an article mentioning that uranium miners and molybdenum miners were poised for a breakout. I wrote in the article, “There have been some recent breakouts in some uranium and molybdenum plays which I...
-
Missing The Boat On ETFs For BHP/Potash
Monday, November 1, 2010 - 11:08am | 234Interesting what some view as the best ETFs to play the BHP Billiton (NYSE: BHP) and Potash (NYSE: POT) saga. A fine example of missing the boat can be seen (HERE) courtesy of a major financial news publication. The piece mentions the BLDRS Developed Markets 100 ADR Index (Nasdaq: ADRD), the BLDRS...
-
Jared's Market Commentary - Don't blink
Monday, November 1, 2010 - 7:29am | 1231By Jared Rosenbaum OK, so let's see...there are bombs being shipped to the US via UPS/FedEx, the dollar has strengthened, volatility is moving lower, and there are still a ton of people filing for unemployment benefits...yet the market barely even thought about moving down this week. The...
-
US Stock Futures Up As Investors Await Midterm Elections
Monday, November 1, 2010 - 6:55am | 196US stock futures moved up as the investors are awaiting the US midterm elections and another quantitative easing round from the Federal Reserve. Futures on the Dow Jones Industrial Average gained 39 points to 11,105.00 and S&P 500 futures rose 5.30 points to 1,185.00. Nasdaq 100 futures moved...
-
Mad Money Lightning Round: Cramer Advises Investors To Buy Freeport-McMoRan (MRVL, BRCM, WHR, CTL, FCX)
Monday, November 1, 2010 - 6:06am | 146On CNBC's Mad Money, Jim Cramer said during the Lightning Round that according to him, Marvell Technology (NASDAQ: MRVL) will reach $22. He also likes Broadcom (NASDAQ: BRCM). Jim said that CenturyLink (NYSE: CTL) is “going higher." Cramer said that the quarter was not good for Whirlpool (NYSE:...