Articles in Commodities

MT Newswires

Analyst Actions: Suncor Gets "Outperform" from Credit Suisse

Q3 Results: "Suncor has reported strong operating EPS of C$0.85, above consensus of C$0.83 but in line with our C$0.85 forecast. However, excluding the C$167 million impact of... Read >>

MT Newswires

Ultra Petroleum Posts Mixed Q3, But Lifts 2012 Production Guidance; Shares Jump 4%

Ultra Petroleum Corp. ( UPL ) is up more than 4% but off a day high $24.26 after reporting adjusted net income for Q3 of $0.64, handily beating estimates of around $0.50. Revenues of $196.4... Read >>

MT Newswires

Analyst Actions: Magellan Midstream Partners Downgraded, But PT Raised at Credit Suisse; Shares Down 1%

Petroleum distributor Magellan Midstream Partners ( MMP ) has been downgraded to Neutral from Outperform by analysts at Credit Suisse. However, its price target has been raised from $44.50 to... Read >>

MT Newswires

PolyMet Mining Updates Technical Report on NorthMet Project

PolyMet Mining Corp. (POM.TO) has filed an updated Technical Report under National Instrument 43-101 on its NorthMet copper-nickel-precious metals project located in the established Mesabi Iron... Read >>

Benzinga

The Final List of ETFs a Romney Win Could Benefit

Election Day is five days away. That means the first post-election trading session is just six days away. The list of ETFs that could surge following reelection for President Obama has been... Read >>

MT Newswires

Analyst Actions: Credit Suisse Optimistic on First Quantum Minerals; Maintains "Outperform", TP at $27.50

3Q12 FD EPS $0.23. "Results compare to our estimate of $0.21 and consensus of $0.25. Compared to our EPS, higher copper sales (77.4Kt vs. our 69.5Kt) and gold sales (48.9Koz vs. our... Read >>

MT Newswires

Largo Resources Announces Closing of $10M Private Placement

Largo Resources Ltd. (LGO.V) has closed its previously announced $10 million private placement of common shares through the issuance of 45,454,545 common shares at a price of $0.22 per... Read >>

MT Newswires

Gold Seen Advancing as China's PMI Boosts Demand for Commodities: Report

Gold may rise for a third straight day, as China's manufacturing expanded for the first time in three months, increasing demand prospects for commodities, Bloomberg reported. The Standard... Read >>

MT Newswires

Oil Extends Gain After Government Says Inventories Fell: Report

Oil rose to a one-week high after the Energy Department reported that crude supplies unexpectedly decreased and as equities climbed on increasing optimism that U.S. economic growth is... Read >>

MT Newswires

UPDATE: Barrick Gold Corp Shrs Down 9% at Midday As Q3 Misses, Production Cut, Higher Costs

Barrick Gold Corp (ABX.TO) said third quarter net profit fell to $618 million or 62 cents per share, down from $1.37 billion or $1.37 per share a year earlier. On an adjusted basis,... Read >>