U.S. equity markets opened higher this morning boosted by higher-than-expected trade balances in China (more coverage here) and in the U.S. (more coverage here). In Europe the big news came later in…
Shares of nuclear waste disposal company Energy Solutions Inc. (NYSE: ES) are getting pummeled today following the announcement that the company has appointed a new CEO and that the company has lowered…
Cameco Corporation (NYSE: CCJ) already trades closer to its 52-week low than its high $21.18 versus $16,59 and $31.25, respectively) and it is already at a significant discount to the consensus analyst…
Jon C. Ogg Rio Tinto plc (NYSE: RIO) stands to complete its offer a junior uranium miner with the withdrawal of Cameco Corp. (NYSE: CCJ) from the bidding for Hathor Exploration Ltd. (OTC: HTHXF). A…
Mining giant Rio Tinto plc (NYSE: RIO) will apparently win the bidding war it’s been waging with Cameco Corp. (NYSE: CCJ) over Canadian uranium miner Hathor Exploration Ltd. (OTC: HTHXF). Cameco has…
Mining giant Rio Tinto plc (NYSE: RIO) has gotten itself into another bidding war. This time the playing field favors Rio over Canadian uranium miner Cameco Corp. (NYSE: CCJ) mostly due to…
The outlook for uranium miners and nuclear power plant builders has dimmed considerably following the disaster at Japan’s Fukushima Daiichi power plant last spring. The Japanese government is considering building non-nuclear plants…
Markets opened up a bit this morning, but by 10:00 a.m. equities had turned back down, with the DJIA sliding down nearly -200 points before rallying back to its opening mark in…
Each quarter comes a report from Gabelli & Co. for its FOCUS FIVE list of equity picks for the quarter ahead. Since inception at the end of January 2006, the FOCUS FIVE…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. AETNA Inc. (NYSE: AET) Raised to Buy at Citigroup. Altria Group…
Vale SA (NYSE: VALE), one of the world’s leading producers of iron ore posted record profit in the first quarter of $6.8 billion. Even discounting a one-time gain on the sale of…
It’s time for the 3:00 PM “Alternative Energy Daily” for developments in solar and wind power, alternative fuels, and other news related to the sector. As with so much in the past week, alternative…
It goes without saying that nuclear power has hit skid row. The damage to the industry that has been caused by the earthquake and the tsunami which followed in Japan has been…
The second day sell-off and panic in Japan has gotten even worse than what was expected and is now far worse than the immediate reaction after the 1995 Kobe earthquake that rattled…
Nuclear power as a carbon-free movement and as a path to energy independence in America is not likely to get sidelined in the immediate aftermath of the Sendai, Japan earthquake. The 8.9-magnitude…
Jon C. Ogg 
