Gold Stocks to the Rescue? (ABX, GG, GLD)
Back in July we noted that two big gold miners were pulling back on 2008 guidance. Barrick (NYSE:ABX) and Goldcorp (NYSE:GG) were both predicting production at the lower end of guidance and rising costs…
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Newest first · Page 124Monsanto Tries Raising Guidance (MON)
Monsanto Company (NYSE: MON) raised fiscal 2008 earnings estimates. The crop and agriculture player now sees earnings of $3.58 to $3.60 per share. It also gave reported guidance of $3.49 to $3.51. Its prior…
Rio Tinto: Turning Iron Ore Into Gold (RTP, BHP)
London-based Rio Tinto (NYSE:RTP) reported earnings for the first six months of 2008, and the numbers were very impressive. Net earnings reached $6.9 billion, up 113% from the first half of 2007. The company’s…
Coal Stocks Above 2007, But Valuation Risks Remain (ACI, BTU, CNX, FCL, MEE, KOL)
In the past 52-weeks, the stock price of five large coal companies has risen anywhere from 50% to nearly 250%. But that’s still between 27% and 42% below annual highs that the companies reached…
Australian Miner Raises the Bar (BHP, RTP)
The largest mining company in the world, BHP Billiton (NYSE:BHP) today reported revenues of $59.47 billion and EPS of $2.75 for its full 2008 fiscal year ended June 30th. Analysts were expecting revenues of…
Rhino Resources IPO Terms Slashed (RNO)
Rhino Resources, Inc. (NYSE: RNO) is supposed to price its IPO this evening for Friday trading, or at least that is what we had on our IPO calendar at the start of the week. …
Archer Daniels Midland Heads For Fresh Lows (ADM, VLO, TSO)
Today’s earnings report from Archer Daniels Midland (NYSE:ADM) not only missed analyst’s targets, but may have missed the broad side of the barn. Analyst expected EPS of $0.67, and got EPS of $0.58. Revenues…
Crude Oil Price Drop: Lying With Numbers
Mathematics and statistics were almost certainly created to support spurious thinking, although the school systems later developed other uses for them. The headlines across the business media belted out in town crier fashion that…
Gold Miners Deliver July Coal for Christmas (ABX, GG)
So much for high gold prices translating to earnings. Barrick Gold Corp. (NYSE:ABX) and Goldcorp Inc. (NYSE:GG) both reported second quarter numbers before market open today, and both reports were on the weak side.…
Mosiac Braces For Earnings (MOS, POT, MOO)
After today’s close, we’ll get to see earnings out of Mosaic Co. (NYSE: MOS). The fertilizer and potash giant is expected to post $1.64 EPS on $2.85 Billion in revenues. Estimates for next quarter…
Coal Stocks Key Off Arch Report (ACI, FCL, BTU, CNX)
This morning we saw Arch Coal (NYSE:ACI) report a tripling of earnings for the second quarter, $113 million compared with $37.6 million for the same period a year ago. The company reported EPS of…
Mosaic’s Monster Dividend (MOS)
The Mosaic Company (NYSE: MOS) has decided to start paying out a dividend to shareholders. The company’s board of directors has declared a quarterly dividend of $0.05 per share on the common stock payable…
Alcoa Good Enough To Start Earnings Season (AA)
Alcoa Inc. (NYSE: AA) has come out and reported earnings, marking the first of the large companies to post earnings to kick off earnings season. The metals giant posted $0.66 EPS on $7.6 Billion…
Earnings Kick Off With Alcoa (AA)
Alcoa, Inc. (NYSE: AA) is set to lead off Q2-2008 earnings season. After looking around at many last minute sources, we’d caution against you falling for tying the overall bias of earnings season to…
Monsanto Beats, But Not Enough (MON)
Monsanto Co. (NYSE: MON) has just reported its quarterly earnings report. The agriculture and seed giant has posted $1.45 EPS on $3.588 Billion in total sales. First Call had estimates at $1.34 EPS on…