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Sinochem In Talks With Singapore Partner About Potash Bid
Tuesday, September 7, 2010 - 1:17pm | 151Sinochem International, China's largest chemicals trader, has reportedly discussed making a bid for Potash Corp. (NYSE: POT) with Singapore's Temasek, the city-state's $134 billion sovereign wealth fund. Press reports have said that the Chinese government has ordered Chinese firms, perhaps...
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Mosaic: A 'Bull-Mode' Buy in Fertilizers (MOS, BHP, POT)
Tuesday, September 7, 2010 - 11:50am | 144The agriculture-related stocks continue to move into my top tier of highest scoring stocks; add to this, BHP Billiton's (NYSE: BHP) hostile take-over bid for Potash Corp. (NYSE: POT) and it is easy to see how investor interest in this segment of the market appears to be heating up," says Mike...
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Guess What Is On The Move?
Tuesday, September 7, 2010 - 9:34am | 294This morning the major stock market indexes are all under pressure ahead of the opening bell. Problems have once again emerged out of Europe and many investors are really wondering if these countries are really out of the woods. As you all know by now when the European Union faces headwinds the U.S...
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Ivanhoe Mines Reports Construction of Oyu Tolgoi Copper-Gold Complex on Schedule (IVN)
Tuesday, September 7, 2010 - 8:24am | 128Robert Friedland, Executive Chairman of Ivanhoe Mines Ltd. (NYSE: IVN)(NASDAQ: IVN), and John Macken, President and Chief Executive Officer, said today that full-scale construction of the company's Oyu Tolgoi copper-gold complex is proceeding on schedule and the first ore now is expected to be...
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Bookkeeping: Weekly Changes to Fund Positions Year 4, Week 5
Tuesday, September 7, 2010 - 8:07am | 2274Year 4, Week 5 Major Position Changes To see historic weekly fund changes click here OR the label at the bottom of this entry entitled 'fund positions'. Cash: 71.4% (v 71.0% last week) 24 long bias: 28.3% (v 20.7% last week) 2 short bias: 0.3% (v 8.3% last week) 26 positions (vs 25 last week)...
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Vale Looks To Expand Fertilizer Business
Tuesday, September 7, 2010 - 1:37am | 254Brazil's Vale (NYSE: VALE), Latin America's second-largest company by market value, is looking to expand its fertilizer business throught the creation of a new company, Vale Fertilizantes. The company has earmarked $12 billion to be spent on new projects and acquisitions in fertilizers in the next...
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Shell Won't Move To Increase Stake In Woodside
Monday, September 6, 2010 - 11:31pm | 119Royal Dutch Shell (NYSE: RDS-A), Europe's largest oil company by market value, will not look to increase its 34% stake in the Australia's Woodside Petroleum, that country's second-largest oil and natural gas producer. Shell Australia Chairman Ann Pickard said today her company isn't preparing to...
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Bookkeeping: New Positions - Gafisa (GFA), Titanium Metals (TIE), Power-One (PWER)
Friday, September 3, 2010 - 11:55am | 991Here are some replacement names for some of the long exposure I cut. First, a name we've held many times the past 3 years Brazilian homebuilder Gafisa (GFA) [thanks to the reader who reminded me of it this morning]. Gafisa has been under pressure but Brazil's sizzling economy has put pressure on...
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China Contacting Others About Possible POT Bid (POT, BHP)
Friday, September 3, 2010 - 9:17am | 196China is looking to derail BHP Billiton's (NYSE: BHP) bid for Potash (NYSE: POT), that much is sure. How they're going to do it is another story. A Reuters report yesterday show that the Chinese, along with its consortium of other investors, approached Alberta Investment Management Corp. about...
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Potash Trading On Its Highs For The Day (POT, BHP)
Thursday, September 2, 2010 - 3:32pm | 97Shares of Potash Corp. (NYSE: POT) have been ticking higher throughout the trading day. Currently, the stock is up 1.26% to $147.79. Potash (POT) is being pursued by BHP Billiton (NYSE: BHP) which made an unsolicited $130 per share buyout offer, which was summarily dismissed by POT's board as "...
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BHP Billiton To Takeover Anadarko? (BHP, APC)
Thursday, September 2, 2010 - 1:01pm | 165According to an article in The Australian, BHP Billiton's (NYSE: BHP) ambitions go beyond just its pursuit of Potash Corp. (NYSE: POT). The authors say that the Australian mining giant is interested in acquiring Anadarko Petroleum (NYSE: APC). They wrote, "the aggressive and acquisitive chief...
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Potash vs. BHP: The Fertilizer War From A to Z
Thursday, September 2, 2010 - 11:35am | 412(TheStreet) -- BHP Billiton's (NYSE: BHP) hostile pursuit of Potash Corp. (NYSE: POT) has as many moving parts as a cuckoo clock. There are other clichés available for use. The BHP-Potash drama will likely have as many chapters as a Russian novel. Or as many twisting roads and hidden mews as the...
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Benzinga’s Top Upgrades (RTP, MPEL, CRH, HPQ)
Thursday, September 2, 2010 - 8:07am | 155Rio Tinto Plc (NYSE: RTP) was upgraded by RBC Capital from “sector perform” to "outperform." RTP’s shares closed at $54.11 yesterday. RTP’s earnings are likely to increase by 14512.50% in the next year. Morgan Stanley upgraded Melco Crown Entertainment Ltd (NASDAQ: MPEL) from "equal weight” to "...
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Potash vs. BHP: The Fertilizer War, From A to Z
Thursday, September 2, 2010 - 6:45am | 638NEW YORK (TheStreet) -- BHP Billiton's (NYSE: BHP) hostile pursuit of Potash Corp. (NYSE: POT) has as many moving parts as a cuckoo clock. There are other clichés available for use. The BHP-Potash drama will likely have as many chapters as a Russian novel. Or as many twisting roads and hidden mews...
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Top 4 Stocks In The Industrial Metals & Minerals Industry With The Highest ROE (WLT, PLG, SHZ, ARLP)
Thursday, September 2, 2010 - 6:39am | 143Below are the top industrial metals & minerals’ stocks on the NASDAQ and the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Walter Energy Inc (NYSE: WLT) is 70.94%. WLT’s quarterly earnings soared 949.30% y/y. The trailing-twelve-month return on equity at...