More Trouble Ahead for Gold Mining Stocks
Quarterly results for gold mining companies are about to start coming in, and only a pollyanna would be looking for good news after the year these companies have just gone through. Earnings per share…
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Newest first · Page 51CONSOL Energy Results Looks Better Than They Are
CONSOL Energy reported fourth-quarter and full-year 2013 results before markets opened Friday. Natural gas production rose but margins also fell in the company's coal business.
Weyerhaeuser Earnings: Missed It by That Much
Weyerhaeuser reported fourth-quarter and full-year 2013 results before markets opened Friday. Earnings for both periods missed consensus estimates by a penny.
Peabody Earnings Weighed Down by Outlook
Peabody Energy reported fourth-quarter and full-year 2013 results before markets opened Thursday. The coal producer said it expects and increase in demand for 2014.
Natural Gas Soars on Cold Snap Woes
thinkstockThis week’s cold snap and freak snow storms pushed natural gas futures up more than 10% on Wednesday. That is terrible for consumers who may see their heating bills soar from more usage and…
Merrill Lynch Sees Volatile 2014 Oil Market for Top Stocks to Buy
In a new research report, the energy team at Merrill Lynch see a more volatile year ahead, anchored on an increasingly seasonal trend as a consequence of rising domestic production and stagnant U.S. oil…
Continued Cold Weather to Drive U.S. Natural Gas Prices
More colder weather is expected in the next couple of weeks and that will keep the price of natural gas volatile. The trend over the next couple of months, though, is likely to be…
Why Alcoa Keeps Rising and Rising
ThinkstockIf you were to ask investor to name a high-flying stock, Alcoa Inc. (NYSE: AA) probably wouldn’t come to mind. But the shares are up more than 8 percent in January. Alcoa’s performance since…
Alcoa Unable to Generate Real Earnings Buzz
ThinkstockAlcoa Inc. (NYSE: AA) had been volatile ahead of earnings, hitting a 52-week high just before the report. Now we have the earnings report, and it will be interesting to see if the market…
Moody’s Lowers Downside Targets to $900 on Gold and $15 on Silver
If a prediction from Moody's Investors Service turns out to be true, gold and silver are going to have a bad year. Moody's reduced its forward views for the average prices of gold and…
Why Select Metals and Mining Leaders Can Win in 2014
ThinkstockAs in 2013, the twin focus of the mining industry will be to lower costs and reduce capital spending. There are also likely to be some asset sales as the larger miners shed some…
Commodity Storage Rates to Rise Again
Beginning April 1, the cost to store commodities like aluminum and copper in London Metal Exchange (LME) bonded warehouses will rise at average of 3% and transportation charges out of the warehouses will rise…
More Write-Downs Coming at Gold Miners
ThinkstockSince the beginning of the year, gold miners stocks are down between 40% and 50% as the price of gold has dipped by 30%. It is about to get worse for the miners. Like…
J.P. Morgan Sees Golden Opportunities for Huge Gains in 2014 With Gold and Silver
Whether it is a question of gold and silver as a hedge, an industrial commodity or simply a straight contrarian stock trade, the J.P. Morgan team thinks now is the time to look hard…
Morgan Stanley Dumps Global Oil Trading on Russia’s Rosneft
Courtesy RosneftGlobal mega-bank Morgan Stanley (NYSE: MS) said late Friday that it has agreed to sell its global oil trading business to Russia’s state-controlled oil giant OAO Rosneft for an undisclosed sum. The deal…