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Banks Weak As Commodity Stocks Push Markets Higher
Thursday, December 16, 2010 - 1:10pm | 129The bank stocks are one of the only sectors to be showing weakness today. Goldman Sachs Group, Inc. (NYSE: GS) is trading at $163.85, -1.36 (-0.82%). The market started out with some sharp selling as the U.S. Dollar spiked higher but by 10am ET, the Dollar started to drop. As soon as that happened...
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Top Performing Industries For December 16 (MPEL, SMS, MCFI, SBUX)
Thursday, December 16, 2010 - 12:44pm | 209At 11:41 am, the Dow gained 0.29% to 11,491, the broader Standard & Poor's 500 index moved up 0.44% to 1,241 and the NASDAQ composite index rose 0.68% to 2,635. The industries that are driving the market today are: Resorts & Casinos: This industry jumped 3.12% by 11:41 am. The top stock...
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Mesabi Trust Plunging 14% (MSB)
Thursday, December 16, 2010 - 12:35pm | 123Mesabi Trust (NYSE: MSB) is trading sharply lower today, which concerns me, since I don't see any news. Mesabi Trust owns mining rights on taconite properties in Minnesota. The Trust conserves and protects the trust estate and collects and distributes the income to certificate holders. The only...
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WILLIAMS COS (WMB) - Profit Tracks
Thursday, December 16, 2010 - 12:30pm | 604Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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What's Up With Mesabi Trust? (MSB)
Thursday, December 16, 2010 - 11:18am | 34Shares of Mesabi Trust (NYSE: MSB) are trading sharply lower today on heavy volume. At least check, Mesabi Trust was trading at $49.05, down 7.7% from yesterday's close.
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Steel Dynamics Sees Q4 EPS of $.05 to $.10
Thursday, December 16, 2010 - 10:10am | 101Today Steel Dynamics, Inc. (Nasdaq: STLD) announced that its board of directors has declared a quarterly cash dividend of $0.075 per common share, payable on or about January 14, 2011, to shareholders of record at the close of business on December 31, 2010. The company also expects fourth quarter...
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Nucor Expects Q4 EPS of $(0.10) to $(0.15)
Thursday, December 16, 2010 - 10:08am | 61Nucor Corporation (NYSE: NUE) announced today guidance for its fourth quarter ending December 31, 2010. The company expects fourth quarter results to be in the range of a loss of $0.10 to $0.15 per diluted share, compared to earnings of $0.07 per diluted share in the third quarter of 2010 and $0....
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, December 16, 2010 - 9:33am | 346Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: AK Steel Holding Corp (AKS) Amer River Bankshares (AMRB) Ameron Intl Corp (AMN) Aviat Networks Inc (AVNW) Banco Santander (STD) View the entire Zacks #5 Rank List. AK STEEL HLDG (AKS): Free Stock Analysis Report AMERON INTL...
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
Thursday, December 16, 2010 - 9:14am | 346Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: AK Steel Holding Corp (AKS) Amer River Bankshares (AMRB) Ameron Intl Corp (AMN) Aviat Networks Inc (AVNW) Banco Santander (STD) View the entire Zacks #5 Rank List. AK STEEL HLDG (AKS): Free Stock Analysis Report AMERON INTL...
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WILLIAMS COS (WMB) - Profit Tracks
Thursday, December 16, 2010 - 1:00am | 604Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....
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Gerdau to Merge Villares & Prontofer - Analyst Blog
Wednesday, December 15, 2010 - 5:33pm | 484Brazilian steel producer Gerdau S.A. (GGB) intends to merge Acos Villares S.A. (“Villares”) and Prontofer Serviços de Construção Ltda. (“Prontofer”) in order to integrate the activities of the three companies. Pursuant to the completion of the merger, both Prontofer and Villares will lose their...
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Gerdau to Merge Villares & Prontofer - Analyst Blog
Wednesday, December 15, 2010 - 5:00pm | 484Brazilian steel producer Gerdau S.A. (GGB) intends to merge Acos Villares S.A. (“Villares”) and Prontofer Serviços de Construção Ltda. (“Prontofer”) in order to integrate the activities of the three companies. Pursuant to the completion of the merger, both Prontofer and Villares will lose their...
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Positive Data for Genomics Oncotype - Analyst Blog
Wednesday, December 15, 2010 - 4:00pm | 433Genomic Health (GHDX), an oncology based biotech company, recently presented results from seven new studies for its flagship product, Oncotype DX breast cancer test. Data presented at a recently held breast cancer conference confirmed that the Oncotype DX Recurrence Score (RS) can accurately...
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Positive Data for Genomics' Oncotype - Analyst Blog
Wednesday, December 15, 2010 - 4:00pm | 433Genomic Health (GHDX), an oncology based biotech company, recently presented results from seven new studies for its flagship product, Oncotype DX breast cancer test. Data presented at a recently held breast cancer conference confirmed that the Oncotype DX Recurrence Score (RS) can accurately...
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Positive Data for Genomics' Oncotype - Analyst Blog
Wednesday, December 15, 2010 - 3:14pm | 433Genomic Health (GHDX), an oncology based biotech company, recently presented results from seven new studies for its flagship product, Oncotype DX breast cancer test. Data presented at a recently held breast cancer conference confirmed that the Oncotype DX Recurrence Score (RS) can accurately...