Articles in Commodities

MT Newswires

Market Chatter: Freeport Makes $9 Bln Energy Bet; Wall Street Pans Deal

Freeport-McMoRan Copper & Gold Inc ( FCX ) on Wednesday said it struck a deal to buy Plains Exploration & Production Co ( PXP ) and McMoRan Exploration Co ( MMR ) for a... Read >>

MT Newswires

UPDATE: Freeport to Buy Plains Exploration & Production and McMoRan Exploration; FCX Near Yr Lows, MMR Up 80%, PXP Up 25%

Shares of Freeport-McMoRan ( FCX ) are down 14.5% and although around $1 above day low are nearer to 52 week lows after the company confirmed earlier media reports that it will acquire Plains... Read >>

MT Newswires

TSX at 2pm: TSX Rises Amid REIT Acquisition News

The Toronto stock market was higher in afternoon trading as financial issues advanced and investors took in some major acquisition news in the real estate sector. The S&P/TSX Composite... Read >>

MT Newswires

Sprott Resource Announces Holdings in Potash Ridge

Sprott Resource Corp. (SCP.TO) announced today that, through Sprott Resource Partnership, it holds 16,144,746 common shares of Potash Ridge Corporation, which based on information contained... Read >>

MT Newswires

Latin American Stocks Strengthening Further In Late Trade, Supported By Chinese Growth Prospects, EU Economic Data

The Latin American markets have strengthened further in lat trade today, with most industry sectors rising after China signaled wider policy support for an economic revival, likely... Read >>

MT Newswires

Mid-Day ETF Update: ETFs Mixed To Higher, Stocks Higher on Upbeat U.S. Economic Data

Active broad-market exchange-traded funds at mid-day: SPDR S&P 500 ( SPY ): +0.53% PowerShares QQQ Trust, Series 1 ( QQQ ): -0.58% iShares MSCI Emerging Markets Index ( EEM ):... Read >>

MT Newswires

Analyst Actions: Credit Suisse Maintains "Outperform" Rating on First Quantum Minerals

New Kansanshi Resource Supports Expansion Event: FM provided an update to the resource estimate at Kansanshi and an inaugural resource estimate for the Enterprise (Sentinel) nickel target. ... Read >>

MT Newswires

Renewable Energy Trade Board Shares Skyrocket 90% on Seeking Alpha Story

Shares of Renewable Energy Trade Board Inc. ( EBOD ) have surged more than 90% to $3.76, but are off a day's top of $4.17, apparently in response to a bullish article about the... Read >>

MT Newswires

Altima Updates Status of Horizontal Well at Chambers-Ferrier, Alberta, Announces Stock Options

Altima Resources Ltd. (ARH.V) announced that the operator of the COPOL ET AL HZ CHAMBERS 14-15-41-11 W5M well completed 124.5 hours of production testing on November 26, 2012. The subject well is... Read >>

MT Newswires

Analyst Actions: Kinder Morgan Energy Partners 2013 Ests and TP Trimmed at Credit Suisse; Shares Down 1%

Analysts at Credit Suisse have reduced 2013 earnings estimates and lowered the price target on the stock to $92 from $93 a share. The rating was maintained at Outperform. "We believe the... Read >>