-
Jim Cramer's Mad Money Lightning Round (EGO, SD, TSN, POT, DE, MON, AGU, ETP, KMP)
Monday, August 9, 2010 - 8:11pm | 290On CNBC's Mad Money Lightning Round, Jim Cramer said that he likes gold, and he believes that it will go higher in September. Cramer likes Eldorado Gold Corporation (USA) (NYSE: EGO), and believes that it is the fastest growing gold stock in the world. Eldorado Gold Corporation (USA) (EGO) gained 0...
-
Earnings Scorecard: Newmont Mining - Analyst Blog
Monday, August 9, 2010 - 6:41pm | 847Newmont Mining Corporation (NEM) reported its earnings for the second quarter of 2010 on July 28, 2010, missing the Zacks Consensus Estimate by 10 cents per share. Analysts have a mixed opinion on the stock given the company’s impressive year over year results, yet missing estimates. Second...
-
Puts Purchased on Harmony Gold (HMY)
Monday, August 9, 2010 - 12:20pm | 117Shares of Harmony Gold Mining Co. (NYSE: HMY) are lower on the session by 0.83%, currently trading at $10.80. The stock has been moving largely higher over the past six months and is trading near its 52-week high. Options traders are buying protection on the name today. The February 2011 $9.00 put...
-
Zacks Analyst Blog Highlights: Viacom, News Corporation, Prudential Financial, Kinross Gold Corporation and STMicroelectronics NV - Press Releases
Friday, August 6, 2010 - 9:49am | 1762For Immediate Release Chicago, IL – August 06, 2010 – Zacks.com Analyst Blog features: Viacom Inc. (VIA.B), News Corporation (NWSA), Prudential Financial Inc. (PRU), Kinross Gold Corporation (KGC) and STMicroelectronics NV (STM ). Here are highlights from Thursday’s Analyst Blog: Viacom Nets Soars...
-
Kinross Reports In-Line - Analyst Blog
Thursday, August 5, 2010 - 8:52am | 1094Gold miner, Kinross Gold Corporation (KGC) recorded net income of $103.8 million or 15 cents per share in the second quarter of 2010, significantly higher than last year’s $19.3 million or 3 cents. Excluding one–time charges, the company earned $113.1 million or 16 cents, in line with the Zacks...
-
Benzinga’s Top Pre-Market NASDAQ Losers (VECO, CREE, GOLD, DNDN)
Thursday, August 5, 2010 - 8:43am | 148Veeco Instruments Inc (NASDAQ: VECO) dipped 4.66% to $43.40 in the pre-market session. VECO is among the top 5 stocks in the Semiconductor Equipment Industry with the highest ROE. Cree Inc (NASDAQ: CREE) lost 3.55% to $71.11 in the pre-market session. CREE is all set to report its latest quarter...
-
Rolling Out & Up 08-03-2010
Tuesday, August 3, 2010 - 4:07pm | 904Cusick’s Corner The market continues to stay in a stubborn range and is currently in the negative at this stage of the Midday. I want to highlight a FRO trade that is in the Bullish section -- a strategist looks to have closed an August 35 call position and bought a January 40 call position, which...
-
Investment Analysis: Yukon Nevada Gold (YNGFF.PK)
Tuesday, August 3, 2010 - 3:37pm | 2614The investment analysis below is our sixth in our ongoing series of guest write-ups, and is brought to you by friend of the blog Jared Levin of A R Schmeidler & Co. We came across Jared’s outstanding recent write-up about a month ago, and frankly had to rub our eyes a little bit after our first...
-
Benzinga’s Top Pre-Market NASDAQ Losers (ARNA, GOLD, ITRN, RIMM)
Monday, August 2, 2010 - 9:25am | 143Arena Pharmaceuticals Inc (NASDAQ: ARNA) dipped 4.53% to $7.59 in the pre-market session. Analysts at JP Morgan downgraded ARNA to “neutral.” Randgold Resources Limited (NASDAQ: GOLD) lost 1.07% to $88.92 in the pre-market session. GOLD has lowered its production guidance for Loulo gold mine in...
-
Investing In Africa
Monday, August 2, 2010 - 8:21am | 990The Barron's cover story was about investing in Africa. The article covered some stats, some risks, some of the story on the ground and a surprisingly incomplete list of investment choices. Africa has been the next big thing for a long time and may continue to be the next big thing for years to...
-
AMERICAN TRUCKING ASSOCIATION: THE ECONOMY IS SLOWING
Friday, July 30, 2010 - 12:50pm | 256The quote of the week comes from Bob Costello, Chief Economist of the American Trucking Association who is warning of an economic slowdown: ATA Chief Economist Bob Costello said that the two sequential decreases reflect an economy that is slowing. Furthermore, growth in truck tonnage is likely...
-
Debt & Currency Issues May Re-emerge (T, AUY)
Friday, July 30, 2010 - 11:00am | 119James Dailey, chief investment officer and senior portfolio manager with Team Asset Strategy Fund, has equated the current market scenario with the rally off the “Bear Stearns low” in 2008. He told CNBC, “The earnings are backwards-looking and this rally is broadly hated. People have been climbing...
-
Haywood Securities Reiterates Sector Outperform on Barrick Gold (ABX)
Friday, July 30, 2010 - 9:32am | 173Haywood Securities is out with a research report this morning, where it reiterates its Sector Outperform rating on Barrick Gold Corp. (NYSE: ABX); it has a $56.00 price target on the stock. The HS analysts cited the company’s most recent earnings report, which beat the Street’s consensus on EPS;...
-
Costco and Hewlett Packard To Perform Well (COST, HPQ, NEM)
Thursday, July 29, 2010 - 10:24am | 131Erik Ogard, director at Russell Investment Group, is of the view that investors are holding back due to the cautionary nature of economic news. He added that “tempered language” for future earnings prospects is also a negative factor. According to Ogard, the real economic growth has to be earnings...
-
Eldorado Gold’s Q2 Results Beat Consensus
Thursday, July 29, 2010 - 6:05am | 60Eldorado Gold Corp (NYSE: EGO) reports its Q2 EPS at $0.11, beating the consensus of $0.08. EGO reports its Q2 revenue at $207.8 million, as compared to the Street view of $175.61 million. EGO’s shares gained 0.13% to $15.79 in after-hours trading. Read more from Benzinga's Company news.