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Mad Money Lightning Round: Cramer Likes Westport Innovations, Advises Investors To Sell Eastman Kodak (WPRT, CLF, VALE, JCP, M, KSS, ROST, TJX, FDO, SLE, PVA, SHAW, GT, PWER, EK)
Tuesday, November 2, 2010 - 4:32am | 370On CNBC's Mad Money Jim Cramer said during the Lightning Round that he likes Westport Innovations (NASDAQ: WPRT). He added, “If we get a change in Washington on natural gas, I'd like it even more." For Cleveland-Cliffs (NYSE: CLF), he said that he likes iron, but prefers Vale (NYSE: VALE) to CLF....
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Balancing Election Results with Trading Ideas 11-01-2010
Monday, November 1, 2010 - 7:09pm | 1106Cusick' Corner The highly anticipated mid-term elections are tomorrow, so how can a trader or investor strategize the potential outcomes? If the election plays out as pundits anticipate, GOP takes the House and the Democrats maintain the Senate, we could see a short-term gridlock bounce and then...
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Priced Into the Market 11-01-2010
Monday, November 1, 2010 - 3:05pm | 988Cusick's Corner Over the weekend a customer asked me, “What do you mean that the Fed quantitative easing, earnings/economic data and the elections are already priced into the market?” I told him to take a look at a SPY chart (the ETF that tracks the S&P 500) and see how the market ran from 112...
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Schnitzer Steel Board Declares Quarterly Dividend of 1.7 Cents
Monday, November 1, 2010 - 3:00pm | 48The Board of Directors of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) declared a cash dividend of $0.017 per common share, payable on December 2, 2010, to shareholders of record on November 18, 2010. Schnitzer has paid a dividend every quarter since going public in November 1993.
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J.P. Morgan Remains Cautious On North American Coal, Reiterates Cliffs Natural Resources Rating
Monday, November 1, 2010 - 8:37am | 146J.P. Morgan is lowering its EPS estimates and price target for Cliffs Natural Resources Inc. (NYSE: CLF), primarily after reducing our expected 2011 average iron ore price realizations in both the North American and Asia-Pacific segments. “In our view, the company's preliminary 2011 iron ore...
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Steel Industry Outlook - Nov. 2010 - Zacks Analyst Interviews
Friday, October 29, 2010 - 7:12pm | 2562The U.S. houses one of the world's largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion's share of sales. ArcelorMittal (MT) is the world's largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6...
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Steel Industry Outlook - Nov. 2010 - Industry Outlook
Friday, October 29, 2010 - 7:12pm | 2562The U.S. houses one of the world's largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion's share of sales. ArcelorMittal (MT) is the world's largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6...
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Solid 3Q for Cliffs - Analyst Blog
Friday, October 29, 2010 - 6:36pm | 886Stronger pricing and volumes helped mining company, Cliffs Natural Resources Inc., (CLF) post record revenues and earnings in the third quarter of 2010. Net earnings of $297.4 million or $2.18 per share in the third quarter were an over four-fold increase from last year's $58.8 million or 45...
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Steel Industry Outlook - Nov. 2010 - Industry Outlook
Friday, October 29, 2010 - 6:36pm | 2562The U.S. houses one of the world's largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion's share of sales. ArcelorMittal (MT) is the world's largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6...
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Commercial Metals Company Reports EPS of $0.07
Friday, October 29, 2010 - 8:10am | 153Commercial Metals Company (NYSE: CMC) today reported net earnings of $8.0 million or $0.07 per diluted share on net sales of $1.8 billion for the quarter ended August 31, 2010. This compares with net earnings of $7.2 million or $0.06 per diluted share on net sales of $1.4 billion for the fourth...
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Microsoft's Earnings Impress Wall Street
Thursday, October 28, 2010 - 10:10pm | 436Today is Election Day. There are many Congressional races in the House and Senate that hang in the balance. While it's important to keep an eye on the results of the election, it's also important to... [[ This is a content summary only. Visit my website for full links, other content, and more...
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Microsoft's Earnings Impress
Thursday, October 28, 2010 - 10:10pm | 419Two companies reported earnings over the last two days that have helped to give insight into the economic recovery. Microsoft (MSFT) had a great quarter as the company beat Wall Street estimates. The company saw its net income increase 52% due to strong software sales. The Windows...
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Benzinga's After Hours Decliners (FSLR, APKT, NUVA, AMAG, CLF, GNW)
Thursday, October 28, 2010 - 7:44pm | 114Among the stocks that have moved lower in the after hours trading session are First Solar (NASDAQ: FSLR), Acme Packet (APKT), NuVasive (NASDAQ: NUVA), AMAG Pharmaceuticals (NASDAQ: AMAG), Cliffs Natural (NYSE: CLF) and Genworth Financial (NYSE: GNW). All of these names reported earnings after the...
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Cliffs Natural Resources (CLF) Plunges After Q3 Earnings Miss
Thursday, October 28, 2010 - 6:12pm | 167Cliffs Natural Resources Inc (NYSE: CLF) reported earnings on Thursday after the bell, and the results failed to meet expectations. Cliffs (CLF) posted EPS of $2.18 versus the estimate of $2.59. The street expected consolidated net sales of $1.45 billion, but CLF posted only $1.3 billion. These...
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Bearish MACD for Mechel OAO - Tale of the Tape
Thursday, October 28, 2010 - 1:30pm | 114Mechel OAO's (MTL) MACD indicator has moved into bearish territory with a reading of -0.3315. The Zacks #4 Rank (“Sell”) stock decreased more than 1% to $22.88 in afternoon trade. The Zacks Consensus Estimate on the company's earnings for the year ending 2010 has decreased by 20 cents over the past...