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ArcelorMittal Reports 67% Surge In Q1 Net Income
Wednesday, May 11, 2011 - 3:40am | 121ArcelorMittal (NYSE: MT) reported a 67% rise in its first-quarter net income on Wednesday. The company's quarterly earnings increased to $1.07 billion, or $0.69 per share, from $640 million, or $0.33 per share, in the year-ago period. Its earnings from continuing operations climbed 3.4% to $608...
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Top 4 Small-Cap Stocks In The Basic Materials Wholesale Industry With The Highest Dividend Yield (GLP, AE, ANW, ZEUS)
Wednesday, May 11, 2011 - 3:27am | 127Below are the top small-cap basic materials wholesale stocks on the NYSE, the NASDAQ and the AMEX in terms of dividend yield. Global Partners LP (NYSE: GLP) has a dividend yield of 7.70%. GLP's shares closed at $25.75 yesterday. Adams Resources & Energy Inc (AMEX: AE) has a dividend yield of...
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Earnings Scheduled For May 11 (TM, MT, TEVA, ZIP, M, BAM, CSCO, IAG, SYMC, ACXM, SSRX, SVN, APAC, CONM)
Wednesday, May 11, 2011 - 2:20am | 375Toyota Motor Corp (NYSE: TM) is estimated to post its FQ3 EPS at $0.64 on revenue of $63.42 billion. Arcelor Mittal (NYSE: MT) is expected to post its Q1 earnings at $0.48 per share on revenue of $22.03 billion. Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) is projected to post its Q1...
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Mad Money Lightning Round: Cramer Advises Investors To Sell Companhia Siderurgica Nacional (V, C, SID)
Wednesday, May 11, 2011 - 2:17am | 141On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Visa (NYSE: V) had a “lot of government interference but now that's behind us. I would stick with them." For Citigroup (NYSE: C), he said, "The reverse split creates no value. Banks are still in the cross hairs of the government...
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Are You Bullish on a Rapture Market?
Tuesday, May 10, 2011 - 4:32pm | 572It's hard to take seriously the claims of an end-of-the-world prognosticator when he's already struck out once. How does the old saying go? Fool me once, shame on you. Fool me twice, shame on me? Nonetheless, Harold Camping, the leader of an independent Christian ministry called Family Radio...
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NASDAQ Stocks Hitting 52-Week Highs (HSTM, HAYN, FONR, FOSL)
Tuesday, May 10, 2011 - 10:08am | 154HealthStream Inc (NASDAQ: HSTM) shares surged 3.08% to create a new 52-week high of $10.88. HSTM shares have surged 117.53% over the past 52 weeks, while the S&P 500 index has gained 16.09% in the same period. Haynes International Inc (NASDAQ: HAYN) shares jumped 4.22% to create a new 52-week...
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Should Microsoft Corporation (MSFT) buy Skype?
Tuesday, May 10, 2011 - 8:41am | 1133Microsoft Corporation (MSFT) said it would purchase internet telephony network Skype Global for $8.5 billion in cash to expand its portfolio of real-time communications products and services. It will be Microsoft's largest acquisition in nearly three decades. At that price, a Skype takeover would...
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Bull & Bear: AK Steel Holding Corporation (AKS)
Monday, May 9, 2011 - 2:28pm | 315Shares of AK Steel Holding Corporation (NYSE: AKS) are trading higher on the session by 1.95%, at $15.20. With shares nearing support, you have to wonder where they can move next… Bulls: Bulls will note that shares of AKS are trading right on historical support, a level which has been a solid buy...
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United States Steel Up Nearly 3% Today (X)
Monday, May 9, 2011 - 12:51pm | 94United States Steel Corporation (NYSE: X) shares are jumping today, gaining $1.24 to $46.85, a gain of 2.7% on more than 4 million shares, as the stock is moving higher from oversold levels. U.S. Steel was mention in Barron's over the weekend as a potential takeout target by other steel makers, as...
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Cliffs Natural Resources Inc. Receives Clearance from Chinese Ministry of Commerce to Proceed with Consolidated Thompson Iron Mines Limited Acquisition
Monday, May 9, 2011 - 12:20pm | 67Cliffs Natural Resources Inc. (NYSE: CLF) today announced that the Chinese Ministry of Commerce has cleared Cliffs' proposed acquisition of Consolidated Thompson Iron Mines Limited. MOFCOM is the final regulatory agency whose approval was necessary to proceed with the closing of the acquisition...
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Cliffs Natural Resources Inc. Announces Underground Mining Resumes at Oak Grove Mine
Monday, May 9, 2011 - 9:02am | 127Cliffs Natural Resources Inc. (NYSE: CLF) today announced that power has been fully restored and underground mining has resumed at its Oak Grove Mine in Alabama. As previously reported, during the evening of April 27, 2011 the Company's aboveground operations at its Oak Grove Mine were struck by...
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Upgrades Downgrades, Stocks to Watch May 9
Monday, May 9, 2011 - 8:48am | 280TD Ameritade Holding Corp. (AMTD) E TRADE Financial Corporation (ETFC) GS upgrades ETRADE and downgrades Ameritrade United States Steel Corporation (X) Barron's says the shares could rally 65% over the next year. The daily is very oversold and the stock has been steadily downtrending. Off of its...
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Options Brief: Companhia Siderurgica Nacional (SID)
Friday, May 6, 2011 - 2:17pm | 75Shares of Companhia Siderurgica Nacional (NYSE: SID) are higher on the session by 0.91%, trading at $14.42. Overall put volume is now running at 8.45x the daily average, with 100% of all puts traded being purchases on the offer. 5,012 contracts have traded on the session so far. Companhia...
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It Is Still A Dollar Story
Friday, May 6, 2011 - 9:38am | 137As long as the U.S. Dollar Index is declining lower this morning the major stock market indexes should remain strong. The leading commodities that were all crushed lower yesterday could all bounce up a bit on the back of a U.S. Dollar Index pullback. Traders must keep one eye on the dollar at all...
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AM Castle Reports EPS of $0.12 vs. $0.20 Estimate; Revenues $272.8M vs. $266.95M Estimate
Friday, May 6, 2011 - 8:05am | 22AM Castle (NYSE: CAS) Reports EPS of $0.12 vs. $0.20 Estimate; Revenues $272.8M vs. $266.95M Estimate