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Today’s 52-week low club, the third in 24/7 Wall St. history, includes a repeat guest and a newcomer. Groupon (NASDAQ: GRPN) also hit a 52-week low Friday, but we decided it was time to invite...
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Jon OggThese are the top analyst calls of upgrades, downgrades and initiations we have seen from Wall St. research calls this Friday morning. Cerner Corp. (NASDAQ: CERN) cut to Equal Weight at Morgan...
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Molycorp Inc. (NYSE: MCP) has announced that it intends to offer and sell $300 million aggregate principal amount of convertible senior notes due in 2017 and $150 million of its common stock. The...
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The three major US stock indexes opened higher this morning following data showing that GDP in several countries grew better than expected (more coverage here). Which indicates that if the bar is set...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Changyou.com Ltd. (NASDAQ: CYOU) started as Buy at Citigroup....
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Molycorp Inc. (NYSE: MCP) was supposed to be fully funded and almost fully booked for its capacity. You would never know it if you just looked at the tape. Now we have some additional concerns...
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The three major US stock indexes opened about 1% higher this morning following the news that non-farm payrolls grew by a much larger-than-expected 163,000 (our coverage here). Once investors warmed...
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Photo by Spencer Platt/Getty ImagesThe stock market rose Friday on Friday as the labor department reported that nonfarm payrolls rose by 163,000 in the month of July. The Dow Jones Industrial Average...
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Molycorp Inc. (NYSE: MCP) reported a second quarter adjusted EPS loss of $0.03 and $107.6 million in revenue after markets closed today. Adjusted EPS for the same period a year ago totaled $0.52, and...
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The three major US stock indexes opened lower this morning as the Bank of England left interest rates alone (our coverage here) and the European Central Bank (ECB) did the same (our coverage...
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China’s largest offshore oil and gas company, CNOOC Ltd. (NYSE: CEO), has agreed to acquire Canadian oil and gas firm Nexen Inc. (NYSE: NXY) for $15.1 billion in cash, or $27.50 per share. The...
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Led by the country’s largest producer of rare earth minerals, China is reported to be preparing the launch of a spot trading platform for rare earth minerals on August 8th. Reuters cites a report...
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The current slump in prices for rare earth minerals despite a Chinese curb on exports could turn around in a couple of years if the Chinese succeed in developing their own downstream industries that...
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Rare earths miner Avalon Rare Metals Inc. (NYSEMKT: AVL) today reported the results of a resource estimate for its Nechalacho Deposit in Canada’s Northwest Territories. The report shows a Measured...
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Rare earth minerals miner Molycorp Inc. (NYSE: MCP) held its IPO just less than two years ago, in late July 2010, at an offering price of $14/share, below the anticipated range of $15-$17. Shares...
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