Commodities & Metals
Commodities & Metals Articles
Anglo American plc (NASDAQ: AAUK) is seeing exact opposite calls on the positives and negatives this morning. We have seen the stock’s rating raised to the revered “Conviction Buy List” at...
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The deal between China’s government-owned aluminum company, Chinalco, and Rio Tinto plc (NYSE: RTP), in which Rio gets $19.5 billion and Chinalco gets a larger stake in Rio may be changing. There...
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While the Fed has noted nothing about inflationary pressures, we have started seeing yet another return to the reflation trade as the economy seems to be bottoming out and all the new printed money...
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Coeur d’Alene Mines Corp. (NYSE: CDE) has announced a 1-for-10 reverse stock split, which will be effective on May 26, 2009. The shares will trade on the NYSE on a split-adjusted basis beginning...
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With gold back well above the $900.00 mark, it seems that the SPDR Gold Shares (NYSE: GLD) and the Market Vectors Gold Miners ETF (NYSE: GDX) are trying to interpret a key gold earnings report. ...
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Fertilizer maker, The Mosaic Company (NYSE: MOS), outlined its strategy for the coming months at the BMO Capital Markets 2009 Agricultural, Protein & Fertilizer Conference today. We decided to...
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In the wake of a poor first quarter report, iron ore producer Cliffs Natural Resources Inc. (NYSE:CLF), formerly known as Cleveland-Cliffs, has tightened its belt and the belts of all its...
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Today’s announcement of a merger between Alpha Natural Resources, Inc. (NYSE: ANR) and Foundation Coal Holdings, Inc. (NYSE: FCL) creates the third-largest coal producer in the US. The all-stock...
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Low prices for uranium have hit producers hard, and Uranium Resources, Inc. (NASDAQ:URRE) has posted the numbers to prove it. First quarter 2009 revenue fell 75%, from $5.7 million in the same period...
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Agricultural giant Archer Daniels Midland Company (NYSE:ADM) reporated earnings of a paltry $8 million (EPS of $0.01) on sales of $14.8 billion for its 2009 third quarter which ended on March 31st....
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Lower prices for copper and gold hit Newmont Mining Corp. (NYSE:NEM) hard in the first quarter of 2009. Barrick Gold Corp. (NYSE: ABX) is also getting hit after its report, and all of this is acting...
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The world’s largest steel maker, ArcelorMittal (NYSE: MT), is reporting quarterly results lower than even last quarter’s dismal showing. Analysts weren’t expecting much, and they got even...
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Gold is not being used by industry right now and demand for jewelry remains highly unexciting, but many traders are still using the shiny metal stuff for the ultimate flight to safety for protecting...
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Based on the TickerSpy index of major industry sectors, hotel REITs had the best performance of any group measured, up almost 60%. At the head of the industry were Diamondrock (DRH) and LaSalle...
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Now this is what really bad news looks like. Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) reported first quarter 2009 EPS of $0.11 on net income of $43 million, compared with EPS of $2.64 and...
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