China GengSheng Minerals Inc. (AMEX: CHGS) is surging as much as 48% tdoay higher after positive news from rare earth metal leader Molycorp about its rising revenues. Molycorp (NYSE: MCP) expects pricing and inventories to move to a better position, with prices escalating beyond $100,000 a ton — up 9 times from last year. CHGS [...]
Articles published by nopass11
Nasdaq Energy Mover; Miller Petroleum Earnings Review
Miller Petroleum Inc (NASDAQ: MILL) shares slipped more than 2% today despite bullish community sentiment. The company reported a dip in its profit for the third quarter as compared with the comparable period previous year, posting a significant rise in revenues for the third quarter at $7.8 million compared with $1.2 million in the third [...]
Cheap Stock on the Move; Uniontown Energy Review
Uniontown Energy Inc. (OTC: UTOG) is set to acquire oil and gas property located in Montana, previously announced under a letter of intent on February 16, 2011. The company completed its due diligence and is scheduled to close this agreement within a month. The Musselshell property is comprised of 7,000 acres covering the Heath and [...]
Biotech Stock on our Radar; DepoMed Highlight
DepoMed Inc. (NASDAQ: DEPO) shares gained nearly 4% this morning, fueled by momentum from the broader market and news announced earlier this week that Boehringer Ingelheim licensed the worldwide rights to the company’s Acuform® gastric retentive drug delivery technology to develop and commercialize some fixed dose combination products. Carl A. Pelzel, president and CEO of [...]
Tech Stock; Eve couldn’t resist the Apple, but JMP Securities did
Apple Inc. (NASDAQ: AAPL) shares slipped more than 3% to trade at $334.53 after the company was downgraded by JMP Securities due to risk associated with the significant slowdown in its primary manufacturing partner Hon Hai (Foxconn) that was emerging even before heightened uncertainty created by developments in Japan. Hon Hai sales growth went down [...]
Williams-Sonoma announces Q4 Results
Williams-Sonoma, Inc. (NYSE: WSM) shares spiked 13% in Tuesday trading, though the stock is poised to slip in Wednesday trading as shares lost nearly 1% in after-hours trading. The company reported its fourth-quarter results, fueling the trading activity. The company’s net earnings in the quarter increased to $113.40 million or $1.05 per share from $88.42 [...]
China Stock on Watch; China Security & Surveillance Slumps after recent Spike
China Security & Surveillance Tech. Inc. (NYSE: CSR) shares this morning slipped from yesterday’s impressive gains, falling nearly 6% to $4.95 in early trading. The trading activity stems from word the company received a non-binding proposal from its chairman and CEO Guoshen Tu to acquire all of the outstanding shares of the company’s common stock [...]
Penny Stock in Focus; Calibert Explorations Soars 25%
Calibert Explorations Ltd. (OTC: CXLT) changed its name to Net Savings Link in furtherance of its new business strategy, which is to provide consumers with savings on everyday items through an online membership participation program. The launch of the company’s new Web site, NetSavingsLink.com, along with its related marketing strategy, will form the company’s new [...]
Casino Stock in News; Las Vegas Sands Corp.
Las Vegas Sands Corp. (NYSE: LVS) shares dropped sharply in today’s trading after the casino operator said in its annual report that it received a subpoena from the U.S. SEC. Las Vegas Sands said that the SEC requested the company to produce documents relating to its compliance with the Foreign Corrupt Practices Act. The company [...]
Top Silver Stock Coeur d’Alene Posts Record Earnings
Coeur d’Alene Mines Corporation (NYSE: CDE) reported record fourth-quarter results, attributable primarily to significant contribution from its three new precious metals mines. The company’s reported fourth-quarter metal sales jumped $89 million to a record $207.6 million, up 75% compared to the prior quarter, primarily due to the significant rise in silver production from the Palmarejo [...]
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