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BHP Billiton Workers on Strike - Analyst Blog
Thursday, December 9, 2010 - 2:53pm | 500Per Reuters, workers at BHP Billiton Ltd.'s (BHP) South African aluminum smelter have struck work for higher wages and better working conditions. Workers demanded a 12% hike in their salary besides 50% contribution from the employer to a certain medical aid scheme. However, BHP Billiton is ready...
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Unconfirmed Rumors circulate that (BHP) is preparing a STOCK deal to acquire CF Industries Holdings, Inc. (CF) for roughly $12.4bb US or about $161 per share US....
Wednesday, December 8, 2010 - 10:12am | 40Unconfirmed Rumors circulate that (BHP) is preparing a STOCK deal to acquire CF Industries Holdings, Inc. (CF) for roughly $12.4bb US or about $161 per share US....
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Session Pullback After Talk of Filibuster 12-07-2010
Tuesday, December 7, 2010 - 6:52pm | 848Cusick's Corner The end of day pullback came because there are headlines floating around that Democrats are already looking to block/filibuster the extension of Bush tax cuts. This is the headline risk that we are all going to have to manage in the foreseeable future. Energy will be in the...
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Market Reacts to Bush Tax Cut Extension 12-07-2010
Tuesday, December 7, 2010 - 6:50pm | 947Cusick's Corner One large uncertainty just got a lot more certain. Will the Bush tax cuts be extended? Well, we have 2 more years now and the market likes it. This will also start to put some more scrutiny on the jobs data because now businesses have a clearer understanding of the future tax...
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Monsanto Declares Quarterly Dividend of $.28
Monday, December 6, 2010 - 4:03pm | 53Monsanto Company (NYSE: MON) announced the Board of Directors declared a quarterly dividend on its common stock of 28 cents per share. The dividend relates to the company's first quarter of its 2011 fiscal year. The dividend is payable on Jan. 28, 2011 to shareowners of record on Jan. 7, 2011.
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Monsanto Company Adds Laura K. Ipsen to Board of Directors
Monday, December 6, 2010 - 4:02pm | 60Monsanto Company (NYSE: MON) announced today the appointment of Laura K. Ipsen to the company's Board of Directors. Ipsen is currently the senior vice president and general manager, Connected Energy Industries, for Cisco, the worldwide leader in networking technology that transforms how people...
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Options Brief: Intrepid Potash (IPI)
Friday, December 3, 2010 - 1:47pm | 85Shares of Intrepid Potash (NYSE: IPI) are higher on the session by 1.68%, trading at $32.13. Overall put volume is now running at 2.91x the daily average, with 91% of all puts traded being purchases on the offer. 2,295 contracts have traded on the session so far. Intrepid Potash, Inc. is a...
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J.P. Morgan Raises Scotts F2011 EPS Forecast
Friday, December 3, 2010 - 7:42am | 55Given Scotts Miracle-Gro Company's (NYSE: SMG) advance raw material purchases of fertilizers, regional sales initiatives and manufacturing and distribution restructuring actions, J.P. Morgan has increased its F2011 EPS forecast from $3.80 to $3.85. “Our F2012 EPS projection of $4.25 remains...
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Fertilizer Producer Mosiac Flying High on Increased Demand
Thursday, December 2, 2010 - 11:13am | 135The Russian drought has caused a spike in wheat prices. The United States Department of Agriculture forecast lower yields for the current corn crop. Worldwide the rising demand for raw agricultural products is creating a need for more production. One way to increase production is to use more...
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Buy Commodities: Bloomberg 2010 Hedge Fund Companies
Thursday, December 2, 2010 - 11:07am | 105Mari Kooi of Wolf Asset Management is saying that corn acreage will be bigger than people think. Farmers are buying more tractors from companies like Deere (NYSE: DE). Kooi is saying you can buy all commodity companies, like Potash (NYSE: POT) and BHP Billiton (NYSE: BHP), as well as other...
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BHP Billiton Wins Contract - Analyst Blog
Wednesday, December 1, 2010 - 1:10pm | 462A subsidiary of mining giant, BHP Billiton Ltd. (BHP), BHP Billiton Petroleum Pty Ltd. agreed with Oceaneering International Inc. (OII) to provide the latter with umbilicals and distribution equipment for the development of the Macedon gas field in Western Australia. Recently, BHP Billiton...
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BHP Billiton Wins Contract - Analyst Blog
Wednesday, December 1, 2010 - 6:35am | 462A subsidiary of mining giant, BHP Billiton Ltd. (BHP), BHP Billiton Petroleum Pty Ltd. agreed with Oceaneering International Inc. (OII) to provide the latter with umbilicals and distribution equipment for the development of the Macedon gas field in Western Australia. Recently, BHP Billiton...
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Oppenheimer Tweaks Estimates on Scotts Miracle-Gro (SMG)
Tuesday, November 30, 2010 - 9:13am | 95Oppenheimer published its company update yesterday on Scotts Miracle-Gro (NYSE: SMG) in which they change quarterly estimates after reviewing additional fiscal 2011 guidance. In a note to clients, Oppenheimer writes, "our F1Q 2011 EPS estimate is now a loss of $0.92 vs. a loss of $0.72 prior, with...
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Benzinga's Top Upgrades (FDX, MTL, SQM, KND)
Monday, November 29, 2010 - 8:30am | 159FedEx Corporation (NYSE: FDX) was upgraded by Credit Suisse from "neutral" to "outperform." FDX's shares closed at $87.50 on Friday. Shares of FedEx have gained 5.45% year-to-date. Analysts at Goldman Sachs upgrade Mechel OAO (NYSE: MTL) from "neutral" to "buy." MTL's shares closed at $23.50 on...
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Piper Jaffray Maintains Overweight On Monsanto (MON)
Monday, November 29, 2010 - 6:52am | 144Piper Jaffray is maintaining its Overweight rating and $74 price target on Monsanto Co. (NYSE: MON). In a research note sent to clients, Piper Jaffray writes, "We are reiterating our Overweight rating on shares of MON following a round of seed dealer & grower checks across the Northern cornbelt...