Precious Metals & Minerals

Cognex (CGNX) is trading at a price of $34.86, a dramatic change of -0.97. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 1.45B. Cognex is giving up its quarterly distributions by 13% to $0.09 a share. This is the third time over...

Kirloskar Brothers Ltd. has signed an agreement to sell its entire 100% equity stake in Gondwana Engineers Ltd. for $10.5 million to Doshion Veolia Water Solutions Pvt. Ltd., a unit of Ahmedabad's Doshion Ltd. China Petroleum & Chemical Corp. , or Sinopec, Asia's largest oil refiner by...

Yahoo! Inc (YHOO) prized investment in Chinese Internet company Alibaba Group Holding Ltd has turned into a stock market millstone. Alibaba's recently disclosed spinoff of an online-payment unit called Alipay is raising worries about the value of Yahoo's 43 percent stake in Alibaba. Alibaba Group...

Dahlman Rose provided color on Gammon Gold (NYSE: GRS) in a research report published today. Dahlman Rose has previously given Gammon Gold a Hold rating. In the report, Dahlman Rose states, "Although earnings came in short of consensus, Gammon Gold is well positioned to meet 2011 production...

The dollar has appreciated 4% in the last week but has the easy money been made on longs? Crude oil should to close about 0.70% higher in today's session but we would like to see a settlement back over the 100 day MA before thinking this correction has run its course. Aggressive traders are buying...

Kohl's Corp (NYSE: KSS) reported its Q1 earnings at $211 million, or $0.73 per share, versus $199 million, or $0.64 per share, in the year-earlier period. Its sales surged to $4.16 billion from $4.04 billion. However, analysts were expecting earnings of $0.73 per share on sales of $4.16 billion....

Gammon Gold Inc (NYSE: GRS) released its first quarter results on Thursday. The company reported its Q1 profit at $19.3 million, or $0.14 per share, versus $1.8 million, or $0.01 per share, in the year-earlier period. The latest period results includes a $0.05 per share charge associated to the...

Quaterra Resources (NYSE: QMM) today announced the acquisition of the Butte Valley porphyry copper prospect, located in eastern Nevada about 40 miles north of Ely in north-central White Pine County. The Company has acquired approximately forty-five square miles of mineral rights by optioning and...

Shares of Silver Standard Resources (NASDAQ: SSRI) are getting crushed on Wednesday as the entire commodity complex is plunging amid stomach churning volatility. SSRI has shed 11% and is currently trading at $27.53. Volume has exploded and is running at more than 3X the daily average. Silver...

The ongoing sell off in commodity and energy markets is starting to become an all out rout, which may turn into a full blown crash. The volatility has been stunning, and it looks like a lot of large funds are now being forced to liquidate positions across the board as the losses and margin calls...

Raymond James downgraded shares of GSI Commerce (GSIC), a provider of e-commerce and interactive marketing services to businesses, from an “outperform” rating to a “market perform” rating. Goldman Sachs downgraded shares of Jones Apparel Group Inc. (JNY) from a “neutral” rating to a “sell” rating...

Kaufman Brothers analysts raised their price target on shares of Rackspace Hosting Inc. (RAX) from $35.00 to $38.00. Rackspace Hosting, Inc. operates in the hosting and cloud computing industry. RBC Capital analysts raised their price target on shares of Rosetta Resources Inc. (ROSE), an...

BioMimetic Therapeutics Inc (NASDAQ: BMTI) shares dropped 32.86% to $8.99 at 9:55 am. BMTI reported a Q1 net loss of $8.0 million. Nanosphere Inc (NASDAQ: NSPH) dipped 27.99% to $2.11. NSPH priced its underwritten public offering of 13,640,000 shares of its common stock at $2.20 per share....

International Tower Hill Mines (NYSE: THM) is pleased to announce the appointment of Mr. James J. Komadina as the Company's new Chief Executive Officer and as a director, effective June 1, 2011. He will be stepping into the role currently held by Jeff Pontius, who will move to the Company's board...

Although many traders are looking for silver prices to rebound after last week's record plunge, one money manager says we're only halfway to a bottom. And when silver does bottom in a couple of months, an investor might consider mortgaging the house. "What we saw last week in silver was only the...