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Cliffs Natural Resources Soars Higher At The Open
Monday, December 20, 2010 - 10:57am | 176This morning Cliffs Natural Resources Inc.(NYSE: CLF) has soared higher by more than 3.00 points to $79.50. This is a new 52 week high for the leading iron ore pellet producer and one of the leading commodity stocks. The stock should have very strong intra-day resistance around the $80.00 level....
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Mad Money Lightning Round: Cramer Advises Investors To Sell Trina Solar (RIMM, EXC, TSL, TIE, ATI, TJX, M, EW)
Monday, December 20, 2010 - 5:08am | 222On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Research In Motion (NASDAQ: RIMM) is “murky. I don't like the U.S. sales.” He advises investors not to buy RIMM. He mentioned that Exelon (NYSE: EXC) is “excellent.” He added, “I'm a buyer. I like the yield." Jim advises investors...
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Allegheny Technologies Climbs 7.2% On News Of Saudi Contract (ATI)
Friday, December 17, 2010 - 5:51pm | 132Shares of Allegheny Technologies Inc. (NYSE: ATI) ended the Friday trading session up 7.2% at $57.62 per share. Allegheny Technologies Inc announced on Thursday after the market closed that it had been awarded a contract to supply much of the commercially pure titanium to be used in the world's...
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Genomic Downgraded to Neutral - Analyst Blog
Friday, December 17, 2010 - 1:33pm | 490Recently, we downgraded Genomic Health (GHDX), an oncology-based biotech company, to Neutral with a target price of $24.00. Genomic Health presented encouraging results for its flagship product Oncotype DX. Oncotype DX, launched in January 2004, is used for early stage breast cancer patients to...
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Genomic Downgraded to Neutral - Analyst Blog
Friday, December 17, 2010 - 1:00pm | 490Recently, we downgraded Genomic Health (GHDX), an oncology-based biotech company, to Neutral with a target price of $24.00. Genomic Health presented encouraging results for its flagship product Oncotype DX. Oncotype DX, launched in January 2004, is used for early stage breast cancer patients to...
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Dahlman Rose Raises Price Target on Steel Dynamics Inc. (STLD)
Friday, December 17, 2010 - 11:11am | 161Dahlman Rose is out with a research report this morning, where it reiterates its Buy rating on Steel Dynamics Inc. (NASDAQ: STLD); it has a $24.00 price target on the stock, up from $17.00. The DR analysts cited the company's recent Q4 EPS guidance, which was in-line with their estimates; the...
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Dahlman Rose Reiterates Hold Rating on Nucor Corp. (NUE)
Friday, December 17, 2010 - 11:06am | 164Dahlman Rose is out with a research report this morning, where it reiterates its Hold rating on Nucor Corp. (NYSE: NUE); it did not provide a price target on the stock. The DR analysts cited the company's recent Q4 EPS guidance, which was below their estimates; management also indicated that the...
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Market Stuck at Resistance 12-16-2010
Thursday, December 16, 2010 - 8:01pm | 849Cusick's Corner This has been a nice and orderly Expiration week even with futures and December options coming off over the next 24 hours. The market is watching earnings -- been positive, the bonds -- prices have firmed and the EU -- finance ministers have been quiet. The market is still stuck at...
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ATI's JV Selected to Supply Titanium for Seawater Desalination Project
Thursday, December 16, 2010 - 5:22pm | 95UNITI LLC, an industrial titanium venture jointly owned by Allegheny Technologies Incorporated (NYSE: ATI) and Verkhnaya Salda Metallurgical Production Association, today announced that it has been chosen to supply a significant portion of the commercially pure titanium to be used in the world's...
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Watching the Strength of this Uptrend 12-16-2010
Thursday, December 16, 2010 - 4:11pm | 904Cusick's Corner The market continues to rise in the face of the Dollar, DXH11, over .80 the Euro, FXE, hovering at 132 and the Volatility Index VIX is at 17.43, a level that we have not seen since April. I am watching the strength of this uptrend into the After Hours -- I want to see the market...
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Market Roundup (ORCL, RIMM, NUE, WGO, XOM, CVX)
Thursday, December 16, 2010 - 3:21pm | 292Oracle Corporation (NASDAQ: ORCL) and Research In Motion Limited (NASDAQ: RIMM) are all set to report their quarterly results, after the closing bell. ORCL is expected to report its Q2 EPS at $0.46 on revenue of $8.34 billion. While, analysts expect Research In Motion Limited (NASDAQ: RIMM) to post...
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AK Steel Shares Climb 5.2% (AKS)
Thursday, December 16, 2010 - 2:50pm | 154Shares of AK Steel Holding Corporation (NYSE: AKS) are trading up 5.2% at $15.16 per share during the Thursday afternoon trading session. The company announced earlier today that it has plans to release its 4th quarter and full-year financial results on Tuesday, January 25, 2011. The day's trading...
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Mesabi Trust Not Aware of Developments Explaining Market Activity
Thursday, December 16, 2010 - 2:49pm | 100Mesabi Trust (NYSE: MSB) announced that as a result of unusual market activity in the Trust's units of beneficial interest today, the NYSE contacted the Trust in accordance with its usual practice and requested that the Trust issue a public statement indicating whether there are any corporate...
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Thursday's Put/Call Ratio Leaders (LVLT, FLR, STD, MT, LFC)
Thursday, December 16, 2010 - 1:19pm | 92Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Levels 3 Communications (NASDAQ: LVLT) 10,102 puts, 244 calls 2. Fluor Corp. (NYSE: FLR) 5,943 puts, 627 calls 3. Santander Finance (NYSE: STD) 2,539 puts, 364 calls 4. Arcelor Mittal...
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Options Brief: AK Steel (AKS)
Thursday, December 16, 2010 - 1:15pm | 78Shares of AK Steel Holding Corporation (NYSE: AKS) are higher on the session by 4.86%, trading at $15.11. Overall call volume is now running at 3.44x the daily average, with 58% of all calls traded being purchases on the offer. 1,060 contracts have traded on the session so far. AK Steel Holding...