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Terra (TRA) Favors CF’s (CF) Bid Over Yara’s
Wednesday, March 10, 2010 - 1:41pm | 135The Wall Street Journal reports that Terra Industries, Inc. (NYSE: TRA) considers the latest takeover proposal by CF Industries Holdings, Inc. (NYSE: CF) to be superior to the terms offered by Yara International ASA (ADR) (OTC: YARIY) in its merger agreement. Terra has also informed Yara that it...
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Terra Industries (TRA) Favors CF Industries Holdings (CF) "Superior" Takeover Bid
Wednesday, March 10, 2010 - 1:21pm | 149Fertilizer producer Terra Industries Inc. (NYSE: TRA) announced on Wednesday that it now favors a $4.68 billion acquisition offer made by rival CF Industries Holdings, Inc. (NYSE: CF) over a previous $4.1 billion offer made by Yara International. Norway-based Yara International now has five days to...
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Bookkeeping: Closing Potash (POT) - Will Look to Deploy into Another Commodity
Wednesday, March 10, 2010 - 10:45am | 593I only have 2 commodity plays and I am disappointed in the relative performance of Potash (POT) of late. I had mulled moving into an iron ore (CLF) stock or coal stock over the past month and in retrospect that would of been a very smart thing to do but missed the boat. Considering the price...
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NYT: The Lithium Chase
Wednesday, March 10, 2010 - 10:16am | 1396Fun fact, half the world's lithium is in Bolivia of all places. Always looking for the "next big thing" I had looked into lithium investments in the past due to the potential of large scale increase usage, but outside of Sociedad Quimica Y Minera de Chile (SQM) - a hybrid fertilizer / lithium play...
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11 Big Movers in Today’s Options Market: Cisco Systems (CSCO), Citigroup (C) and Research in Motion (RIMM), Among Others
Tuesday, March 9, 2010 - 4:35pm | 1807What started as another flat day in the markets, is turning out to be a bullish one…Even though overall stock volume remains light, we are still seeing some heavy options activity. Already, there has been quite a bit of spread activity all around with heavy action in Cisco Systems, Inc. (CSCO...
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Analyst Shares Stock Picks With CNBC (MON, DE, AGCO, TWI, POT)
Tuesday, March 9, 2010 - 11:51am | 143In an interview with CNBC, Charlie Rentschler, agriculture, and machinery analyst at Morgan Joseph, provided his opinion on markets. “Farming is fundamental,” Rentschler told CNBC. Yet he also warned investors about the adverse effects of government policies, commodity prices, and naturally...
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Options Plays in Potash (POT): Will Rating Increases Spark a Rally in Potash (POT) Stock?
Tuesday, March 9, 2010 - 11:15am | 1592Potash Corp. of Saskatchewan (POT) moved higher yesterday after Morgan Joseph upped its rating of the shares to “buy” from “hold.” Rising potash prices were cited by the upgrading analyst as a primary driver behind the ratings change. POT ended Friday’s session at $116.81. Unlike brokerage houses,...
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Materials ETF Sees Bearish Options Trade
Monday, March 8, 2010 - 3:40pm | 102The Materials Select Sector SPDR ETF (NYSE: XLB) is seeing some bearish options action today as 20,000 of the January 2011 30 puts were purchased. That trade was more than six times open interest in the strike and represents a bet the ETF will trade below $30 by early next year. The trade wasn't...
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Industry-Wide Demand For Potash To Revert To 2%-3% Trend-Line
Monday, March 8, 2010 - 11:05am | 162Analysts at Morgan Joseph upgrade Potash Corp (NYSE: POT) from "hold" to "buy." The target price for POT is set to $130. According to Morgan Joseph, “both distributors and growers are reverting back to their traditional buying habits, habits, prices of potash in the US have edged up in recent days...
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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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Electric Car Stocks
Monday, March 8, 2010 - 1:55am | 1126The alternative fuel automobiles use electric motors for propulsion, instead of the internal combustion engine. All the major car companies have been jumping on the hybrid and electric car bandwagon, including Ford (F), General Motors, and Toyota (TM). But electric cars are not something new....
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Deutsche Bank Initiates Coverage of The Mosaic Company (NYSE:MOS)
Friday, March 5, 2010 - 5:10pm | 53Coverage was initiated on fertilizer maker The Mosaic Compay (NYSE: MOS) by Deutsche Bank with a "hold" rating. It also set a price target on shares at $65.oo. Mosaic is the only company with leading positions in phosphate and potash. The stock closed up $1.18 at $61.57.
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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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Uptrend in Gilead's Estimates - Analyst Blog
Friday, March 5, 2010 - 10:30am | 977Earnings estimates for Gilead Sciences (GILD) are on the rise following the release of strong fourth quarter and full year 2009 results. The company’s earnings per share (EPS) came in at 90 cents, well above the Zacks Consensus Estimate of 82 cents and the year ago quarter’s earnings of 59 cents....
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Company News for March 5, 2010 - Corporate Summary
Friday, March 5, 2010 - 10:25am | 277• Marvell Tech (NASDAQ:MRVL) swung to a fourth quarter profit on strength in its new communication chips. Adjusted earnings jumped to 40 cents a share, up from last year's five cents, on revenues that rose 64% to $842.5 million. Results topped the firm's earlier forecast of 33-39 cent results on $...