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Benzinga’s Top Upgrades (ODFL, SAIA, CECO, CNQ, TCK)
Monday, March 8, 2010 - 4:13pm | 242Old Dominion Freight Line Inc (NASDAQ: ODFL) was upgraded by Dahlman Rose from “hold” to “buy.” ODFL’s shares gained 1.54% to $31.62. ODFL’s shares have gained 1.43% year-to-date. Read more about this company here. Dahlman Rose upgraded Saia Inc (NASDAQ: SAIA) from “hold” to “buy.” SAIA moved up 6...
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Scotia Capital Maintains 2-Sector Perform Rating For General Moly (GMO)
Monday, March 8, 2010 - 11:31am | 167Scotia Capital analysts Lawrence Smith and Jackie Przybylowski maintained their "2-Sector Perform" rating and price target of $4.70 for shares of General Moly, Inc. (AMEX: GMO). The analysts mentioned in their report that General Moly, Inc. had entered into a strategic relationship with Hanlong...
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BHP Billiton (BHP) Pushes Through 55% Increase in Coking Coal Prices, Quarterly Pricing - Iron Ore Also Potentially Set to Soar
Monday, March 8, 2010 - 10:25am | 1822Some interesting developments late last week in the "steel making components" sector; coking coal and iron ore. BHP Billiton (BHP) was able to push through a 55% increase with JFE Steel (Japan), and move from annual pricing to quarterly pricing - I am not sure which of those two is more striking...
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Michael Khouw's Freeport-McMoRan (FCX) Trade
Saturday, March 6, 2010 - 5:17pm | 76CNBC's Option Action Michael Khouw recommends an options strategy against a long position in Freeport-McMoRan (NYSE: FCX). He wants to sell one May 85 call for $3.60. Freeport-McMoRan (FCX) closed on Friday at $80.71 and if it rallies above $88.60 you will have to sell the stock. If you don't get...
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Goldman Sachs (GS) VIP List of Top Hedge Fund Holdings
Friday, March 5, 2010 - 1:19pm | 1198Today is going to be Goldman Sachs (GS) day at FMMF - from their nearly perfect forecasting of monthly labor data (magically adjusting their figures 24 hours before it is released each month to "hit it on the nail"), to their new foray into buying warehouses so they can corner obtain more...
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3-5-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Friday, March 5, 2010 - 12:23pm | 1919Stocks are higher after the jobs report showed fewer jobs were cut in February than expected The Labor Department’s monthly report is widely seen as the most important economic indicator because employment is considered a key ingredient for a strong, sustained recovery. Employers cut 36,000 jobs...
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RBC Capital Markets Upgrades Freeport-McMoRan Copper & Gold (FCX)
Wednesday, March 3, 2010 - 9:33am | 43Shares of Freeport-McMoRan Copper & Gold (NYSE: FCX) were upgraded by RBC Capital Markets from Sector Perform to Outperform. Freeport-McMoRan Copper & Gold closed Tuesday trading at $77.98. Freeport-McMoRan Copper & Gold has a 52-week trading range of $27.15 to $90.55.
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Freeport McMoran Could be Primed to Move
Wednesday, March 3, 2010 - 1:59am | 2615We recently considered undertaking a detailed look at Freeport McMoran Copper & Gold Inc.(NYSE:FCX), one of the largest producers of copper, gold and molybdenum, and a solid performer in the Ascendere Long/Short Model Portfolio. But a piece of information from another Seeking Alpha...
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Top Performing Industries For March 2 (BBW, EGI, CMLS, SGZH.OB, EXK)
Tuesday, March 2, 2010 - 3:25pm | 347At 1:13 p.m., Dow gained 33.33, or 0.32%, to 10,437.12, while the broader Standard & Poor's 500 index rose 5.51, or 0.49%, to 1,121.22. The Nasdaq composite index moved up 11.52, or 0.51%, to 2285.09. The industries that are driving the market today are: Toy and Hobby Stores: The top gainer of...
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Rio Tinto (RTP) Gets Robots For Mining
Tuesday, March 2, 2010 - 3:14pm | 300Mining company Rio Tinto (NYSE: RTP) is driving a revolutionary approach to mining that could change the way the industry works in the days to come. Rio Tinto is using satellite links to allow workers to access mines more than 800 miles away and remotely drill, dig and blast away rocks. The...
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M&A Activity Drives Stocks Up On Wall Street
Monday, March 1, 2010 - 4:32pm | 175Sudden M&A activities moved U.S. stocks higher on Monday morning, helped along by stronger-than-expected consumer spending and signs that a Greek bail-out may be imminent. American International Group Inc. (NYSE: AIG) rose 9.3% to $27.07 after Prudential (NYSE: PRU) agreed to buy its Asian...
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Chilean Mines Back To Shaky Start
Monday, March 1, 2010 - 4:25pm | 126Mines and seaports in Chile are making a valiant attempt to resume operations two days after a devastating quake hit the country. The price of copper had jumped 5% when markets opened, owing to nearly 20% of mining capacity being affected by the quake. State-owned Codelco’s largest mine was up and...
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The Dollar Holds All The Cards
Thursday, February 25, 2010 - 4:51pm | 198Since the U.S. Dollar has fallen lower by more than 0.40 cents off the highs to go negative on the session the major indexes have traded higher. Many commodity stocks such as Freeport McMoRan Inc (NYSE: FCX), U.S. Steel (NYSE: X), and the SPDR Gold Shares (NYSE: GLD) have moved higher on this...
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Brazil May Start Its Own Fertilizer Company
Wednesday, February 24, 2010 - 4:49am | 157Brazil, home to South America's largest economy, is considering the formation of its own fertilizer company as the company moves to become less dependent on foreign imports of potash, phosphate and nitrogren fertilizers. Brazil has the set goal of supplying all of its own fertilizer by 2020....
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Progress for Dynavax Pipeline - Analyst Blog
Tuesday, February 23, 2010 - 5:56pm | 551Dynavax Technologies Corporation (DVAX) announced recently it has selected the molecule DV1179 for clinical development in its endosomal Toll-like Receptor (TLR) inhibitor collaboration with GlaxoSmithKline (GSK). Currently, IND (Investigational New Drug)-Enabling Studies are underway for DV1179, a...