Diversified Metals & Mining

Morgan Stanley is out with its report today on Freeport-McMoran (NYSE: FCX), maintaining Overweight. In its report, Morgan Stanley writes, "We see increased risk in our Overweight call on FCX, but view the safe dividend (until at least $2.50/lb copper) and strong balance sheet as key differences...

BHP Billiton (NYSE: BHP) (NYSE: BBL) announced today that all conditions to the closing of the tender offer by BHP Billiton Limited, BHP Billiton Petroleum (North America) Inc. and North America Holdings II Inc., to acquire all outstanding shares of common stock of Petrohawk Energy Corporation (...

Harold C. Simmons, the Chairman of the Board of Titanium Metals (NYSE: TIE), announced that TIMET purchased 600,000 shares of its common stock today at an average price of $13.8305 per share (exclusive of commissions).

Shares of Sterlite Industries (NYSE: SLT) are higher on the session by 1.69%, currently trading at $12.03. The stock has been moving largely lower over the past three months and is currently above below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...

Once again, the S&P 500 Index is trading inverse to the U.S. Dollar Index. Traders can clearly look at the chart below and see how the major stock indexes deflate as soon as the U.S. Dollar Index trades higher. While this inverse relationship has been intact for over ten years, it is even more...

Australia's Macarthur Coal, the world's largest maker of pulverized coal for steel production, continues to urge its shareholders to take no action on a $5.2 billion takeover from Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT), calling the offer “opportunistic” due to a murky regulatory...

Shares of Exeter Resource Corp. (AMEX: XRA) are higher on the session by 0.33%, trading at $4.50. Overall call volume is now running at 5.05x the daily average, with 0% of all calls traded being purchases on the offer. 3,500 contracts have traded on the session so far. Exeter Resource...

Fabrinet (NYSE: FN) gained over 10% in after-hours trading after reporting positive Q4 earnings. Minco Gold Corp (NYSE: MGH) gained over 6% in after-hours trading. Pharmaceutical Product Development (NASDAQ: PPDI) raised over 5% during after-hours trading after buyout talks with the Carlyle Group...

Harold C. Simmons, Chairman of the Board of Titanium Metals (NYSE: TIE), announced that the company purchased 600,000 shares of its common stock on August 8, 2011 at an average price of $13.6492 per share.

The inverse relationship between the U.S. Dollar Index and the major stock market indexes is very well intact. Traders can look at an overnight chart of the U.S. Dollar Index futures and simply see when the U.S. Dollar Index made a top around 3:00 am EST the S&P 500 Index futures made a low....

Rodman & Renshaw reiterated its Market Outperform rating on U.S. Energy (NASDAQ: USEG). At the same time, the rating agency left its price target on the company's stock unchanged at $5.50. On Thursday, USEG closed the day at $3.12.

As the markets surged again yesterday, CF Industries Holdings (NYSE: CF) and Petrohawk Energy (NYSE: HK) reached new 52-week highs of $166.35 and $38.44 per share, respectively. CF Industries saw some analysts raise their price targets on the stock following the recent second-quarter earnings...

CK Cooper reiterated its Buy rating on U.S. Energy (NASDAQ: USEG). At the same time, the rating agency left its price target on the company's stock unchanged at $75. On Thursday, USEG added 10.25% to its value to end the day at $3.12.

Yesterday stocks soared on what the Federal Reserve had to say, as it intends to leave rates alone until at least mid-2013 due to a weak economy. For about 30 minutes, the equity markets jumped, then plunged, then sputtered around, until Goldman Sachs came out and saved the day, at least for a...

Shares of General Moly (NYSE: GMO) are lower on the session by 9.24%, trading at $3.83. Overall call volume is now running at 6.29x the daily average, with 3% of all calls traded being purchases on the offer. 1,561 contracts have traded on the session so far. General Moly, Inc. is a development-...