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General Steel Holdings Reports Mixed Results (GSI)
Friday, August 6, 2010 - 11:56am | 114General Steel Holdings (NYSE: GSI) repoted mixed results yesterday. Revenues came in at $501.7 million, above consensus of $491.2 million. EPS was ($0.04), also above the Street at ($0.06). Hudson Securities analyst Julie Chen said, "Despite our understanding that General Steel has visibility into...
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Market Paring Losses (DJIA, SPX, X, AA, FCX)
Friday, August 6, 2010 - 10:07am | 172The major indices are paring losses after a disappointing jobs report sent the market down nearly 1% at the open. The Dow (DJIA) is now down a modest 29 points after plunging nearly 100 in the first few minutes of trading. The S&P 500 (SPX) is down 3.66 points, or 0.33%, to 1,122. The S&P...
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SM Energy Tops by a Penny - Analyst Blog
Thursday, August 5, 2010 - 2:43pm | 588SM Energy Company (SM) reported second-quarter 2010 earnings of 16 cents per share, beating the Zacks Consensus Estimate of 15 cents primarily on better-than-expected production volume. However, the second-quarter result was well below the year-earlier earnings of 24 cents due to higher...
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Sina Bolstered by World Cup - Analyst Blog
Thursday, August 5, 2010 - 2:11pm | 881A leading online media company and mobile value added services for China, Sina Corp. (SINA) announced strong second quarter 2010 results. Earnings spiked up 56.5% year over year to 37 cents per share, beating the Zacks Consensus Estimate by 8 cents. Strong growth was primarily driven by solid...
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Rumors Continue To Link Peabody and Whitehaven
Thursday, August 5, 2010 - 2:06am | 194Peabody Energy (NYSE: BTU), the largest U.S. coal producer, has once again been mentioned as possible suitor for Australia's Whitehaven Coal, a maker of pulverized coal for steelmakers. The rumor was first reported in June after Whitehaven's development of the $294 million Narrabri mine reportedly...
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China Precision Steel Pops on High Volume (CPSL)
Wednesday, August 4, 2010 - 11:48am | 196Shares of China Precision Steel Inc. (NASDAQ: CPSL) are rocketing higher today; currently, the stock is higher by 11.73%, currently trading at $1.81. The stock is moving higher on over 4x the 10-day average stock volume and is now trading above both the 18-day and 50-day moving averages, which are...
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Hudson Securities Lowers Estimates on General Steel Holdings (GSI)
Wednesday, August 4, 2010 - 11:12am | 150Hudson Securities is out with a research report this morning, where it reiterates its Hold rating on General Steel Holdings (NYSE: GSI); it did not provide a price target on the stock. The Hudson analysts said that, due to increases in commodity prices, they are lowering their EPS estimate for the...
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Mad Money Lightning Round: Cramer Says PCL Is Terrific But Weyerhaeuser Is Even Better
Wednesday, August 4, 2010 - 8:53am | 319In his Tuesday’s "Mad Money Lightning Round," Jim Cramer said that he likes CoreLogic (NASDAQ: CLGX). CLGX is a terrific company and it’s a good stock to own. CLGX gained 1.47% in after hours. When asked about Valero Energy (NYSE: VLO), Jim mentioned, "I don't want to one a pure play on refining....
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Mad Money Lightning Round Recap (VLO, SUN, PCL, WY, PSO, PHG, NUE, AKS, X, RRC, CLGX)
Tuesday, August 3, 2010 - 8:03pm | 411On CNBC's Mad Money Lightning Round, Jim Cramer said that he doesn't like Valero Energy Corporation (NYSE: VLO), because he doesn't want to own a pure refiner. If he had to own a refiner, he would buy Sunoco, Inc. (NYSE: SUN). Valero Energy Corporation (VLO) gained 3.33% today, and Sunoco (SUN)...
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Earning Scorecard: AK Steel - Analyst Blog
Tuesday, August 3, 2010 - 6:41pm | 884AK Steel Holding Corporation (AKS), a leading producer of flat-rolled carbon, stainless, electrical steel and tubular products, posted better than expected second-quarter 2010 results primarily driven by higher steel shipments. Yet shares slipped 4% post results on an uncertain outlook over the...
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Ross Worried About U.S. Manufacturing
Tuesday, August 3, 2010 - 2:21pm | 308Legendary investor Wilbur Ross is worried about the state of U.S. manufacturing reports the NY Times. Ross, who is famous for restructuring bankrupt companies and selling them for massive profits told Charlie Rose he fears for the long term viability of U.S. manufacturing and worries that the...
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August Drama Is Just Heating Up
Tuesday, August 3, 2010 - 10:45am | 557The stock market indexes all surged higher yesterday clearing above important technical resistance levels. Yesterday's rally higher was broad based and very powerful point wise. At face value it looked very impressive. The catalyst for the rally yesterday was a strong Chinese market and a weak U.S...
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Zacks' Voice of the People highlights opportunities with SPDR S&P 500 Trust, SPDR Dow Jones Industrial Average and Cliffs Natural Resources - Press Releases
Tuesday, August 3, 2010 - 9:11am | 892For Immediate Release Chicago, IL – August 03, 2010 – Zacks highlights commentary from People and Picks Trader “inthemoneystocks”. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Inflation Rally Thrives Another Day This morning the major stock market indexes are all...
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Zacks #5 Rank Additions for Tuesday - Tale of the Tape
Tuesday, August 3, 2010 - 9:11am | 328Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Acacia Research Corp (ACTG) Alere Inc (ALR) Alkermes, Inc (ALKS) Anglo American plc (AAUKY) ArcelorMittal (MT) View the entire Zacks #5 Rank List. ANGLO AMER -PLC (AAUKY): Free Stock Analysis Report ACACIA RES-TECH...
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Inflation Rally Thrives Another Day - Voice of the People
Monday, August 2, 2010 - 6:03pm | 603Zacks' Voice of the People Highlights user inthemoneystocks: "Inflation Rally Thrives Another Day" from the People & Picks community. For more Voice of the People, visit http://at.zacks.com/?id=5851 Featured Post Inflation Rally Thrives Another Day This morning the major stock market indexes...