Articles in Commodities

Analyst Actions: Canaccord, CIBC Cut Price Targets on Nexen After Disappointing Quarter

7/20/2012, 1:40 pm from Midnight Trader in Investing, Commodities

Canaccord Genuity cut its price target on Nexen Inc. (NXY.TO, NXY) to $23 from $24, and reiterated a buy rating. CIBC World Markets cut its target to $20 from $21, and reiterated a... Read >>

Latin American Market Sliding on Spain Concerns, Chinese Property Restrictions

7/20/2012, 1:33 pm from Midnight Trader in Investing, Commodities

Latin American markets are lower today as concerns Spain's debt crisis is getting more dire and the Xinhua News Agency said China will seek to keep a "firm grip" on the real estate... Read >>

UPDATE: Titanium Corp Cuts Losses in Q3; Shares Extend Gains, Now up 21%

7/20/2012, 1:28 pm from Midnight Trader in Investing, Commodities

Titanium Corporation Inc. (TIC.V) reported today that net loss decreased to $0.4 million for the three month period ended May 31, 2012 compared to a loss of $3.2 million in the previous year.... Read >>

Themac Resources Soars 73% After Releasing Positive Feasibility Study

7/20/2012, 1:18 pm from Midnight Trader in Investing, Commodities

Themac Resources Group Ltd. (MAC.V) is the top gainer on the TSX Venture Exchange this afternoon, up 22 cents, or 73.3%, at 52 cents on light volume of 900 shares. That's near the mid-point of... Read >>

Energy Stocks Falling as Crude Reverses Recent Gains; Baker Hughes Soars on Q2

7/20/2012, 1:08 pm from Midnight Trader in Investing, Commodities

Top Energy Stocks XOM -0.8% CVX -0.4% COP -1.3% SLB +0.63% OXY -0.9% Energy stocks are mostly lower, with the NYSE Energy Sector Index sliding about 0.8% this afterrnon while the... Read >>

Sector Update: Energy

7/20/2012, 12:42 pm from Midnight Trader in Investing, Commodities

Energy stocks are mostly lower, with the NYSE Energy Sector Index sliding about 0.8% this afterrnon while the S&P Energy Index is off 0.2%. Crude oil for August delivery was down... Read >>

Canadian Stocks Declining, Led By Metals and Mining Issues

7/20/2012, 12:33 pm from Midnight Trader in Investing, Commodities

Canadian stocks are mostly lower today, with the steepest declines among shares of metals and mining shares, which had enjoyed two good days of gains after recent heavy sell offs. In economic... Read >>

AXEA Capital, MCW Energy Group Announce First Closing of Private Placement

7/20/2012, 12:30 pm from Midnight Trader in Investing, Commodities

AXEA Capital Corp. (XEA-H.V) and MCW Energy Group Limited have completed, through Stonecap Securities Inc. the first closing of its private placement financing by issuing 2,800,000... Read >>

Enbridge Details Further Design Features for Pipeline

7/20/2012, 12:20 pm from Midnight Trader in Investing, Commodities

Enbridge Inc. (ENB.TO) announced Northern Gateway has filed Reply Evidence in the regulatory application for the project and, contained in that filing, details further enhancements in... Read >>

Mid-Day Update: Pain In Spain Drives Markets Lower

7/20/2012, 12:19 pm from Midnight Trader in Investing, Commodities

While news of upbeat corporate earnings reports, mergers and new product developments might have been expected to send markets soaring today, worries over Spain have overshadowed these factors. ... Read >>