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Sinochem Asks Beijing To Back Potash Bid
Sunday, September 19, 2010 - 2:38pm | 175Sinochem International, China's largest chemicals trader, is reportedly asking the Chinese government to lend a hand to help the company make a bid for Potash Corp. of Saskatchewan (NYSE: POT), the Canadian fertilizer giant that BHP Billiton (NYSE: BHP) is trying to acquire for $38.6 billion. BHP...
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Fast Money Picks For September 20th (MBT, FCX, RGR, CLX, FDX)
Friday, September 17, 2010 - 8:57pm | 205On CNBC's Fast Money, Brian Kelly said that he is bullish on Sturm, Ruger & Company (NYSE: RGR). He believes that Sturm, Ruger & Company (RGR) has good fundamentals, and he also likes its chart. Sturm, Ruger & Company (RGR) jumped 1.38% on Friday. Guy Adami wants to short Freeport-...
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GNR: SPDR S&P Global Natural Resources ETF Launched
Friday, September 17, 2010 - 7:00pm | 345State Street Global Advisors (SSgA) introduced the SPDR S&P Global Natural Resources ETF (GNR) on September 14, 2010. The press release touts GNR as the “first global natural resources ETF”, which is only true if you somehow manage to exclude the IQ Global Resources ETF (GRES) launched in...
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Bearish MACD for Compass Minerals - Tale of the Tape
Friday, September 17, 2010 - 12:36pm | 116Compass Minerals Intl Inc's (CMP) MACD indicator has moved into bearish territory with a reading of -0.0389. The Zacks #4 Rank (“Sell”) stock decreased slightly to $72.90 in afternoon trade. The Zacks Consensus Estimate on the company's earnings for 2010 has decreased by 4 cents over the past month...
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What's Hot on TheStreet
Friday, September 17, 2010 - 11:27am | 263Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet BHP Buy of Potash: Bad Idea, Says Analyst BHP Billiton's (NYSE: BHP) hostile pursuit of Potash (NYSE: POT) isn't a good idea -- at least according to one contrarian equities analyst, who downgraded shares of the...
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Company News for September 17, 2010 - Corporate Summary
Friday, September 17, 2010 - 10:15am | 732• Johnson & Johnson (NYSE: JNJ) is reportedly planning to buy its remaining stake in Dutch biopharmaceutical firm Crucell (NASDAQ: CRXL), in a deal valued at $2.29 billion • Goldman Sachs (NYSE: GS) upgraded CenturyLink (NYSE: CTL) to "buy" from "neutral" • Goldman Sachs (NYSE: GS) upgraded...
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The Cash Against The Potash Board Of Directors
Friday, September 17, 2010 - 8:39am | 126Potash Corporation of Saskatchewan Inc (NYSE: POT) does not want to be taken over by big miner BHP Billiton (NYSE: BHP). It believes the price which BHP offered is too low, and may also think that BHP will fire many Potash workers. Potash is one of the largest sellers of fertilizers in the world,...
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Bullish MACD for Thompson Creek - Tale of the Tape
Friday, September 17, 2010 - 6:03am | 119Thompson Creek Metals Company, Inc.'s (TC) MACD indicator has moved into bullish territory with a reading of 0.2879. The Zacks #1 Rank (“Strong Buy”) stock increased more than 1% to $10.35 in morning trade. The Zacks Consensus Estimate on the company's earnings for 2010 has increased by 20 cents...
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2010 Fund Performance Period 9
Thursday, September 16, 2010 - 3:54pm | 4372If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. Conditional launch date should be late October to mid November 2010. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked...
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Zacks Analyst Blog Highlights: BP, Ford, Freeport McMoRan, Peabody Energy and Cracker Barrel Old Country Store - Press Releases
Thursday, September 16, 2010 - 7:33am | 2174For Immediate Release Chicago, IL – September 16, 2010 – Zacks.com Analyst Blog features:BP (BP), Ford (F), Freeport McMoRan (FCX), Peabody Energy (BTU) and Cracker Barrel Old Country Store Inc. (CBRL ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros...
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Potash Hoping To Form Group To Best BHP Bid
Thursday, September 16, 2010 - 3:12am | 107Potash Corp. of Saskatchewan (NYSE: POT) is reportedly looking to form a Chinese-led consortium to support a management-led takeover of the world's largest fertilizer producer in an effort to best BHP Billiton's (NYSE: BHP) $38.6 billion bid for Potash. Canada's Globe and Mail newspaper, citing...
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Thompson Creek Metals Company Inc. - Value
Thursday, September 16, 2010 - 2:03am | 629Thompson Creek Metals Company Inc. (TC) is trading at just 9.7x forward estimates as molybdenum prices recovered from the price plunge during the recession. Thompson Creek Metals mines molybdenum in Idaho. Molybdenum is a silvery metal that is often used in steel alloys. The company also operates...
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Industrial Production Up Again - Analyst Blog
Wednesday, September 15, 2010 - 4:42pm | 2447Total Industrial Production rose by 0.2% in August, which was a tick less than the 0.3% rise that was expected. It was also slower than the 0.6% rise in July. The July number was revised down from a 1.0% increase, but June was revised to an increase of 0.1% from a decline of 0.1%. Relative to a...
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Benzinga's Political Round Up (BHP, LMT, GD)
Wednesday, September 15, 2010 - 12:00pm | 280Japan intervened in the currency market last night, marking the first time it had done so since 2004. Japan was concerned the yen to dollar ratio had gotten too low, hurting the country's exporters. A weaker yen should benefit Toyota (NYSE: TM), Honda (NYSE: HMC) and other Japanese manufacturers...
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Wednesday Roundup
Wednesday, September 15, 2010 - 8:26am | 894A bunch of stuff this morning. Yesterday the gang from Blackrock rang the closing bell to commemorate their recently launched Build America Bond Trust (BBN) which is a closed end fund. There are two ETFs in this segment; PowerShares Build America Bonds Portfolio (BAB) and the SPDR Nuveen Barclays...