Articles in Commodities

Market Chatter: Gold Gains for Second Day as Equities Decline, Demand Rebounds
4/17/2013, 12:37 pm from Midnight Trader in Investing, Commodities
"Gold advanced for a second day as global equities declined and
on signs that physical demand is rebounding," Bloomberg
reported. It said: "Prices fell to a two-year low... Read >>

Analyst Actions: Credit Suisse On Electric Utilities; Downgrades Pepco Holdings
4/17/2013, 12:36 pm from Midnight Trader in Investing, Commodities
Credit Suisse says: "The Utility Valuation Question
Again...Could 20x be the new 17x and Other Issues; DOWNGRADING
Pepco Holdings ( POM
) to UNDERPERFORM (from Neutral); Revising Ests... Read >>

UPDATE: ECOTality Shares up 14%, Hits New 52-Week Top As Earnings Momentum Continues; Early On Looked Like It Mightn't
4/17/2013, 12:29 pm from Midnight Trader in Investing, Commodities
After some indecision in early dealings, the market has decided
to continue celebrating ECOtality's ( ECTY ) Q4 earnings
report released Monday, as shares have ascended to a new 52-week
zenith... Read >>

Market Chatter: Crude Tumbles as U.S. Output Climbs to Two-Decade High
4/17/2013, 12:23 pm from Midnight Trader in Investing, Commodities
"West Texas Intermediate oil tumbled for the fourth time in five
days as U.S. production rose to the highest level in two decades
last week and U.S. equities fell," Bloomberg reported. ... Read >>

Sierra Metals Reports First Proven and Probable Ore Reserves at Bolivar Mine
4/17/2013, 11:58 am from Midnight Trader in Investing, Commodities
Sierra Metals Inc. (SMT.V) announced that a pre-feasibility
study has been completed by Gustavson Associates, LLC of Lakewood,
Colorado, for its Bolivar copper-zinc-silver mine located... Read >>

UPDATE: ABE Resources and IMX Resources Form JV on St. Stephen Project; ABE Down to Near Yr Low
4/17/2013, 11:21 am from Midnight Trader in Investing, Commodities
ABE Resources Inc. (ABE.V) formerly Abitex Resources Inc., today
announced that IMX Resources of Perth, Australia has exercised its
right to acquire a 50% interest in the St. Stephen... Read >>

UPDATE: Argex to establish Research & Development Centre in Valleyfield; Shares Down 3% Late Morning
4/17/2013, 11:18 am from Midnight Trader in Investing, Commodities
Argex Titanium Inc. (RGX.V) today announced the establishment of
a fully comprehensive Research and Development Centre at its
recently announced facility in... Read >>

UPDATE: Canadian Energy Services Closes Offering of $225 Mln Senior Unsecured Notes; Shares Down 1.7% Late Morning
4/17/2013, 11:16 am from Midnight Trader in Investing, Commodities
Canadian Energy Services & Technology Corp. (CEU.TO) has
completed its previously announced private offering of $225.0
million aggregate principal amount of 7.375% senior unsecured... Read >>

Analyst Actions: Labrador Iron Ore Royalty Corp. Estimates Lowered
4/17/2013, 11:03 am from Midnight Trader in Investing, Commodities
Labrador Iron Ore Royalty Corp. (LIF.TO) NEUTRAL N. Littlewood CP: C$ 32.17 TP: C$ 33 CAP: C$ 2b 1 416 352 4585 MarQ13 shipping weak for IOC, but production OK; Lowering 2013
Estimates ... Read >>

Petaquilla Reports Feb Quarter Results; Revenue, Income Increase, But Shares Fall 5%
4/17/2013, 10:24 am from Midnight Trader in Investing, Commodities
Petaquilla Minerals Ltd. (PTQ.TO) today announced its third
quarter operating and financial results for its Molejon gold mine
located in Panama. PTQ reported a 46% increase in revenue for the... Read >>