Articles in Commodities

The 10%-Yielding Oil Stock I Want to Own for 2012... And Beyond
12/6/2011, 11:00 am from Paul Tracy in Investing, Commodities
There simply aren't many opportunities like this one. It's an
energy investment, but it's a far cry from the oil "majors" such as
ExxonMobil (NYSE:
XOM
)
or
Chevron (NYSE:
... Read >>

CanAm Coal Shares Jump Along with Q3 Coal Sales
12/6/2011, 10:33 am from Midnight Trader in Investing, Commodities
Shares of CanAm Coal Corp. (COE.V) jumped 10% to $0.165 from
yesterday's $0.15 close, but are just about 5 cents above year
lows, after the company announced coal sales for the third... Read >>

Mechel Ordered to Suspend Work at Several Facilities at Two Southern Kuzbass Mines After Safety Inspection; Shares Down 9%
12/6/2011, 10:15 am from Midnight Trader in Investing, Commodities
Mechel OAO (
MTL
) today announced that it has suspended operations at several
facilities at two of Southern Kuzbass Coal Company's mines as
ordered by the city court of Mezhdurechensk.
... Read >>

Precision Drilling Off Nearly 3% After Getting Hit with $120 Million Charge
12/6/2011, 10:13 am from Midnight Trader in Investing, Commodities
Precision Drilling Corp. (PD.TO) started the day lower at $11.55
but has now further dropped to $11.41, about 3% lower compared to
yesterday's $11.74 close, after reportedly announcing that it... Read >>

UPDATE: Quadra FNX Rallies As Agrees to $15/Share Acquisition by KGHM; Heavily Traded Today
12/6/2011, 9:56 am from Midnight Trader in Investing, Commodities
Quadra FNX Mining Ltd. (QUX.TO) was up sharply at today's open
at $15.50 but has now moved even higher to $15.32 after jumping
roughly 35% from yesterday's $11.35 close, as it announce... Read >>

Darden Restaurants Tumbles 9% as Markets Open on Q2 EPS Outlook Below Consensus; Guides for 2012 Earnings, Sales Growth
12/6/2011, 9:33 am from Midnight Trader in Investing, Commodities
Darden Restaurants (
DRI
) is down 9% as markets opened Monday after announcing that it
expects fiscal Q2 EPS of $0.41, below the Thomson Reuters mean
analyst estimate of $0.54. Q2 same-store... Read >>

Quadra FNX Agrees to $15/Share Acquisition by KGHM
12/6/2011, 9:21 am from Midnight Trader in Investing, Commodities
Quadra FNX Mining Ltd. (QUX.TO) today announced that it has
entered into a definitive agreement with KGHM Polska Miedz S.A.
pursuant to which KGHM has agreed to acquire all of the issued... Read >>

5N Plus Inc. Reports Record Results for the Four-Month Period Ended September 30, 2011
12/6/2011, 8:42 am from Midnight Trader in Investing, Commodities
5N Plus Inc. (VNP.TO), a producer of specialty metal and
chemical products that rose more than 5% on Monday, reported
financial results for the four-month period ended September 30,
2011 and... Read >>

Acadian Mining Corp Drill Results From Fifteen Mile Stream Project
12/6/2011, 8:41 am from Midnight Trader in Investing, Commodities
Acadian Mining Corporation (ADA.TO), which closed Monday near
year lows, provided assay results for 11 additional holes from the
diamond drilling program completed in October 2011, at... Read >>

Major Drilling Group Announces Record Quarterly Results
12/6/2011, 8:38 am from Midnight Trader in Investing, Commodities
Major Drilling Group International Inc. (MDI.TO), which rose
nearly 5% on Monday, reported results for its second quarter of
fiscal year 2012, ended October 31, 2011. Net earnings were... Read >>