Articles in Commodities

MT Newswires

Market Chatter: Statoil to Liquidate 230 U.S. Onshore Wells; Shares Rise 2%

Statoil ( STO ) is reportedly set to sell 230 onshore wells in the U.S. as it looks to shed gas producers following a plunge in North American natural gas prices, according to Upstreamonline. ... Read >>

MT Newswires

Latin American Stocks Mostly Higher With Gains By Financial and Material Shares

The Latin American markets are mostly higher today, led by steady gains among financial stocks despite a credit-ratings downgrade of Spanish government debt last night. The markets also appear to... Read >>

MT Newswires

Midas Gold Expands Mineralization at the Scout Prospect; Stocks Up 1%

Midas Gold Corp. (MAX.TO) announced additional assay results from its ongoing core drilling program at its Scout Prospect, on the Golden Meadows Project in Idaho. The company said step-out... Read >>

MT Newswires

UPDATE: McGraw-Hill Shares Hit Year High on Acquisition, Analyst PT Raise

Shares of McGraw-Hill Companies ( MHP )are up 1% to $55.71, but slightly off the 52-week high of $56 reached earlier today. The movement comes after the company said that its Platts unit, a... Read >>

MT Newswires

Terra Energy Announces Further Extension to Lending Facility

Terra Energy Corp. (TT.TO) has agreed with its syndicate of senior lenders, including the Canadian Imperial Bank of Commerce and ATB Financial, that the existing lending facility will be extended... Read >>

MT Newswires

Mid-Day ETF Update: ETFs Track Stocks Higher as Jobless Claims Decline to Lowest Level Since February; Financials Lead Rally

Active broad-market exchange-traded funds at mid-day: SPDR S&P 500 ( SPY ): +0.46% Financial Select Sector SPDR ( XLF ): +0.94%, nearer year highs iShares Russell 2000 Index ( IWM... Read >>

MT Newswires

First Point Minerals Defines New Drill Target at Orca Property in Northern B.C.

First Point Minerals Corp. (FPX.V) reported that its 2012 regional mapping and sampling program has defined a "promising" new nickel-iron alloy drill target at the 100%-owned Orca... Read >>

MT Newswires

Scorpio Gold Signs Purchase Agreement to Buy Nevada Mineral Properties

Scorpio Gold Corporation (SGN.V) has signed a definitive asset purchase and sale agreement with Royal Standard Minerals Inc. to acquire 2 mineral properties located in Nevada known as... Read >>

MT Newswires

GMX Resources Mulls Reverse Stock Split; Shares Plunge 22%, Hit 52-Week Low

Oil and gas company GMX Resources Inc. ( GMXR ) is down 22% to $0.523, off a new 52-week low of $0.51 it hit earlier today. Trading activity follows yesterday's announcement that GMXR... Read >>

MT Newswires

ENGlobal Jumps 14% on Consideration of Improvement Options

ENGlobal Corp. ( ENG ), a provider of energy-related project delivery solutions, is up 13.51% to $0.369 after announcing that it's considering possible strategic alternatives for enhancing... Read >>