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Missing The Boat On ETFs For BHP/Potash
Monday, November 1, 2010 - 10:08am | 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...
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Dahlman Rose & Co. Raises Potash Corp. Estimates
Monday, November 1, 2010 - 8:29am | 130Given improving fundamentals, is raising its Potash Corporation of Saskatche (NYSE: POT) 4Q10 estimate to $1.58 (prior $1.30) driven by higher volumes and pricing. “We have also raised our FY11 estimate by $1.93 to $7.95 (prior $6.02) driven by higher potash volumes to 9.2 MM mt (prior 8.3 MM mt)...
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US Stock Futures Up As Investors Await Midterm Elections
Monday, November 1, 2010 - 5:55am | 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...
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BHP In No Hurry To Boost Potash Bid Ahead Of Government Ruling
Monday, November 1, 2010 - 1:54am | 176BHP Billiton (NYSE: BHP), the world's largest mining company, isn't in a hurry to raise its $38.6 billion hostile bid for Potash Corp. of Saskatchewan (NYSE: POT) ahead of the Canadian government's Wednesday ruling on the bid. Press reports said on Sunday that BHP was considering a 10% increase to...
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BHP May Boost Potash Bid By 10%
Sunday, October 31, 2010 - 11:18pm | 107BHP Billiton (NYSE: BHP), the world's largest mining company, may increase its $38.6 billion hostile takeover bid for Potash Corp. of Saskatchewan (NYSE: POT) by 10%, according to the Sunday Times, which cited unidentified sources. The paper said the revised offer will not be made public until...
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Benzinga's Top Performing Industries (ROIAK, MVG, SIRI, SLW, SSRI, AXU, IPI, KMX)
Friday, October 29, 2010 - 5:01pm | 194Broadcasting - Radio industry jumped 4.22% on Friday, and in the space Radio One, Inc. (NASDAQ: ROIAK) led the gainers with an increase of 7.41%. Sirius XM Radio Inc. (NASDAQ: SIRI) spiked 5.08%, and closed at $1.50. Silver industry also had a good trading session. It traded 3.46% higher, and Mag...
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Potash In Talks With As Many As 15 Firms (POT)
Friday, October 29, 2010 - 1:11pm | 152A report from the Globe Mail say's Potash (NYSE: POT) has been in talks with as many as 15 bidding firms regarding their hostile 38Bil$ takeover bid from BHP (NYSE: BHP). Potash shares are higher by 3% today to 145.95 on above average volume of nearly 9 million shares. Potash believes their...
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Benzinga's Top Upgrades (ABX, CAH, MXIM, POT)
Friday, October 29, 2010 - 7:06am | 160Barrick Gold Corporation (NYSE: ABX) was upgraded by BMO Capital from “market perform" to" outperform." ABX's shares closed at $47.02 yesterday. Shares of Barrick Gold have moved up 20.29% this year. Robert W Baird upgrade Cardinal Health Inc (NYSE: CAH) from "neutral" to "outperform." CAH's shares...
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ScottsMiracle-Gro's Jim Hagedorn Will Remain as CEO
Friday, October 29, 2010 - 7:03am | 57The Scotts Miracle-Gro Company (NYSE: SMG), the world's leading marketer of branded consumer lawn and garden products, today announced that Jim Hagedorn has decided to continue to serve as both chairman and chief executive officer. In 2008, Mr. Hagedorn announced his intention to retire as CEO...
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Market Listless, Waiting on Elections & Fed
Thursday, October 28, 2010 - 5:19pm | 770Cusick's Corner The market stayed in a tight range going into the After Hours. But Oil, CLZ10 $81.94, in the short-term looks coiled for some potential upside, especially with the indecision that surfaced in the market after yesterday's close. With no data coming out, the market will start to...
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Potash Lifts Outlook, Pressuring BHP
Thursday, October 28, 2010 - 10:50am | 147(TheStreet) -- Potash (NYSE: POT) gave itself some ammunition Thursday in its struggle either to scamper away from takeover pursuer BHP Billiton (NYSE: BHP) or force the mining giant to pay up. Potash reported third-quarter earnings that exceeded Wall Street expectations, but the company's managers...
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Stock Market News for October 28, 2010 - Market News
Thursday, October 28, 2010 - 9:03am | 1066After swinging back and forth for much of the session, stocks closed mostly in the red Wednesday amid concerns that the Fed's planned purchase of Treasury bonds would not be as heavy and swift as earlier anticipated. Traders are eagerly awaiting a Federal Reserve move to inject more money into the...
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Company News for October 28, 2010 - Corporate Summary
Thursday, October 28, 2010 - 9:03am | 791• Visa (NYSE: V) posted inline fiscal fourth quarter results of $0.95 on revenues of $2.12 billion up from Zacks projections of $2.08 billion • Las Vegas Sands (NYSE: LVS) reported estimate-topping third quarter results of $0.34, ahead of Zacks estimates of $0.23, on revenues of $1.91 billion that...
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POT Posts Better-Than-Expected Q3 Results
Thursday, October 28, 2010 - 5:29am | 56Potash Corp/Saskatchewan (NYSE: POT) reports its Q3 EPS at $1.32, surpassing the consensus of $1.16. POT reports its Q3 revenue at $1.58 billion, versus the estimates of $1.32 billion. POT shares gained 1.79% to $149.95 in pre-market trading. Read more from Benzinga's Company news.
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Pina Coladas on the QE2 10-27-2010
Wednesday, October 27, 2010 - 6:06pm | 937Cusick's Corner In the words of the infamous song “Pina Colada” – “I was tired of my lady, we've been together too long, like a worn out recording of a favorite song,” the market seems to have tired of the old QE2 is-a-coming talk and maybe tired of this current run. Folks, we have been hearing...