ThinkstockJoy Global Inc. (NYSE: JOY) reported fourth-quarter and full fiscal year 2012 results before markets opened this morning. The mining equipment maker reported quarterly diluted earnings per share (EPS) of $1.99 on revenues of…
Molycorp, Inc. (NYSE: MCP) was having a good day with a rally of almost 6%. Any positive gain here is a welcome wagon for those shareholders who have been crushed by investing in America’s…
ThinkstockThe U.S. Department of Agriculture (USDA) this morning released its monthly World Agricultural Supply and Demand Estimates (WASDE) report for November. The agency lifted its estimate on U.S. wheat stocks by 50 million bushels,…
ThinkstockIf you just considered how uncertain things are right now, you might think that news coming out of China regarding its economy was still very soft. Data over the weekend showed China’s November industrial…
ThinkstockAfter getting pummeled for two days, shares of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) are getting a bit of boost today following an announcement from Moody’s that the proposed $9 billion deal ($20…
ThinkstockFarm equipment and machinery retailer Titan Machinery Inc. (NASDAQ: TITN) reported third-quarter fiscal 2013 diluted earnings per share (EPS) of $0.66 on revenue of $582.1 million before markets opened this morning. In the same period…
ThinkstockSmithfield Foods Inc. (NYSE: SFD) reported second-quarter fiscal 2013 results before markets opened this morning. The food processing firm reported adjusted diluted earnings per share (EPS) of $0.61 on revenues of $3.23 billion. In…
Any Wall St. pundit will tell you that the overprinting of money is a train wreck waiting to happen. The Federal Reserve balance sheet sits at almost three trillion dollars after two rounds of quantitative…
U.S. agribusiness giant Archer Daniels Midland Co. (NYSE: ADM) this morning announced that it has increased its offer for Australian grain grower and marketer GrainCorp from AUS$11.75 (about US$12.25 at today’s exchange rate) to…
Warmer, drier weather prevailed in the areas most affected by the ongoing U.S. drought. To compound the problem, little relief is in sight, at least in the near term. The western half of the…
There’s nothing like an acquisition rumor to pump some life into an otherwise moribund stock. And when the company that’s the subject of the rumor is a coal miner, the whole coal mining sector…
Major sell orders took the strength out of gold this morning and the shiny yellow metal is down by $22.70 at $1718.18 (or down 1.3%). What may be more important for longer-term traders who…
thinkstockThe U.S. Department of Agriculture (USDA) said this morning that net farm income in the U.S. would fall 3.3% in 2012, to $114 billion from 2011’s record high net income of $116 billion. Net…
ThinkstockSteelmaker and recycler Schnitzer Steel Industries Inc. (NASDAQ: SCHN) said today that it expects net income for its first fiscal quarter of 2013 ending this month to be breakeven before taking a pretax restructuring…
ThinkstockETF Securities has released its weekly metals outlook. With big gains in silver and gold in recent days, we have been tracking the moves in ETFS Physical Silver Shares (NYSEMKT: SIVR) and iShares Silver Trust…