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Market Technically Signaled a Potential Turn 08-05-2010
Thursday, August 5, 2010 - 1:58pm | 904Cusick’s Corner The market, while down, has still been able to hold its ground into the Midday. We continue to see minor new highs intra-day, only to have the market grind back to basically breakeven. While the trend to the upside is still intact, there needs to be some tighter risk management to...
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Don't Have A Cow Man, Buy Some MOO (MOO)
Thursday, August 5, 2010 - 12:53pm | 208Shares of Market Vectors Agribusiness ETF (NYSE: MOO) have been on fire with the the rest of the agriculture sector running hot lately and barring any setbacks, I like MOO on a pullback. This commodity ETF is 100% invested in stocks like Archer Daniels Midland (NYSE: ADM), Potash (NYSE: POT) and...
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Monsanto (MON) Ups Dividend
Thursday, August 5, 2010 - 12:22pm | 510Monsanto (MON) seems to reacting quite nicely to what I perceive as a very modest increase in the dividend. Monsanto Co. said Wednesday its board of directors approved increasing the company's quarterly dividened to 28 cents per share from 26.5 cents per share. The world's biggest seed maker will...
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Top Performing Industries For August 5 (TMRK, GRO, MON, IPI)
Thursday, August 5, 2010 - 11:19am | 211At 11:32 am, the Dow lost 0.31% to 10,646.90, the broader Standard & Poor's 500 index moved down 0.42% to 1,122.56 and the NASDAQ composite index fell 0.62% to 2,289.20. The industries that are driving the market today are: Telecom Services-Foreign: This industry jumped 3.97% by 11:32 am. The...
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Fertilizer Stocks Continue Dramatic Rally (AGU, MOS, MON, POT)
Thursday, August 5, 2010 - 11:02am | 106With wheat prices skyrocketing as a result of a drought in Russia, fertilizer stocks have risen dramatically. During today's trading session, the recent uptrend is extending itself even further. Shares of Agrium (NYSE: AGU) have risen 2.76% to $68.06. Over the last month, the stock has shot up...
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Thursday’s Mid-day Options Volume Leaders (C, RIG, SD, BP, POT, SPY)
Thursday, August 5, 2010 - 10:26am | 132The overall market is taking a breather this morning; currently the S&P 500 (NYSE: SPY) is off by 5 points, currently trading at 1,122. Retailers are posting relatively strong gains (+0.2%) considering the market is lower on the session and the mediocre same-store-sales released this morning....
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Intrepid Potash Misses Estimates, Falls 1.5% (IPI)
Wednesday, August 4, 2010 - 4:45pm | 215Intrepid Potash, Inc (NYSE: IPI) announced on Wednesday after the market closed that it failed to meet consensus Wall Street estimates. Intrepid Potash, Inc reported that its 2nd quarter net income fell to $3.6 million, or 5 cents per share, down from $14.4 million, or 19 cents per share, a year...
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Monsanto Board Approves Dividend Increase to 28 Cents
Wednesday, August 4, 2010 - 12:43pm | 92Monsanto Company (NYSE: MON) today announced that its Board of Directors declared an increase in the quarterly dividend on its common shares from 26.5 cents per share to 28 cents per share. The dividend is payable on Oct. 29, 2010 to shareowners of record on Oct. 8, 2010. Chief Financial Officer...
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Agrium Posting Solid Gains After Earnings Blowout (AGU)
Wednesday, August 4, 2010 - 10:54am | 158Fertilizer company Agrium (NYSE: AGU) released its Q2 earnings results this morning prior to the opening bell. The company reported net income of $506 million or $3.20 per share, compared to $370 million or $2.35 per share, in the year ago period. The results came in well ahead of analysts'...
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Company News for August 4, 2010 - Corporate Summary
Wednesday, August 4, 2010 - 9:01am | 397• Priceline (NASDAQ:PCLN) reported sharply better-than-expected sales and earnings for the second quarter. Earnings of $3.09 were sharply above Zacks expectations of $2.47, as revenues of $767.4 million beat estimates of $734 million. Goldman Sachs (NYSE:GS) kept its "buy" rating on the shares,...
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Bookkeeping: Adding to Monsanto (MON)
Monday, August 2, 2010 - 1:47pm | 499Unlike some stocks which are now looking completely egregious - yet still have people chasing after them as if there will be no stock to buy ever again after today, see these punks for example... I feel more comfortable with stocks that make a nice move, consolidate, churn a bit, and then start...
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BlackBerry Set to be Blocked in UAE, Saudi Arabia (RIMM)
Monday, August 2, 2010 - 11:04am | 153BlackBerry users in Saudi Arabia and the UAE could have certain services cut off after authorities stepped up demands on smartphone maker Research In Motion (NASDAQ: RIMM) for access to encrypted messages sent over the device. "Certain BlackBerry services allow users to act without any legal...
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Mosaic to Hold Conference Call Regarding Preliminary Injunction on Mine Extension
Sunday, August 1, 2010 - 9:22pm | 120Yhe Mosaic Company (NYSE: MOS) announced it will conduct a conference call on Monday, August 2, 2010 at 4:30 p.m. EDT to discuss the preliminary injunction entered late Friday, July 30, 2010 relating to Mosaic's South Fort Meade mine permit in Hardee County, Florida. The conference call-in number...
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Market Master Report - Major Levels Alert!
Sunday, August 1, 2010 - 12:14pm | 662The PowerShares QQQ Trust, (ETF) (NASDAQ: QQQQ) lost just 0.25 cents for the week ending July 30th, 2010. Last week started higher and then faded throughout the week. On July 30th the technology heavy ETF opened sharply lower only to reverse all of the early loses and close positive on the session...
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Dahlman Rose Reiterates Hold Rating on Potash Corp. (POT)
Friday, July 30, 2010 - 9:00am | 145Dahlman Rose & Co. is out with a research report this morning, where it reiterates its Hold rating on Potash Corp. (NYSE: POT); it did not provide a price target on the stock. The Dahlman analysts cited the company’s most recent earnings report, which beat estimates, the outperformance coming...