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Uranium Energy Corp Acquires Major South Texas Uranium Exploration Database for $900K
Wednesday, August 31, 2011 - 8:02amUranium Energy Corp (NYSE: UEC) announced that it has entered into a definitive purchase and sale agreement with Uranium One Inc. which provides for the acquisition by the Company of a South Texas uranium database package (the "Database") from Uranium One. This strategic Database is to be...
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J.P. Morgan Initiates Coverage On Alpha Natural Resources
Tuesday, August 30, 2011 - 6:57amJ.P. Morgan Chase & Co. is out with a research report on Alpha Natural Resources (NYSE: ANR) and is initiating coverage with a Neutral rating and a $39 price target on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "We are initiating coverage of Alpha Natural (ANR) with a...
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UPDATE: Goldman Sachs Initiates SunCoke Energy at Neutral
Tuesday, August 30, 2011 - 6:53amGoldman Sachs is out with its report today on SunCoke Energy (NYSE: SXC), initiating SXC at Neutral. In its report, Goldman Sachs writes, "We view the SXC business mix favorably as: (1) it provides coal/energy investors with a defensive investment alternative, as SXC derives the majority of its...
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J.P. Morgan Initiates Coverage On Alliance Resource Partners
Tuesday, August 30, 2011 - 6:53amJ.P. Morgan Chase & Co. is out with a research report on Alliance Resource Partners (NASDAQ: ARLP) and is initiating coverage with an Overweight rating and a $82 price target. In a note to clients, J.P. Morgan Chase & Co. writes, "We are initiating on Alliance Resource Partners (ARLP), a...
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Tuesday, August 30, 2011 - 6:41am
Financial Breakfast for August 30, 2011
This is your Benzinga news summary and traders' outlook for Tuesday, August 30, 2011, covering headlines from overnight and Tuesday's pre-market session. Today in domestic pre-market trading, U.S equity futures are trading lower. At last check, S&P futures are down by about 5 points or (0.43...
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UPDATE: Peabody Energy, ArcelorMittal and Macarthur Board Agree to Terms for Recommended Takeover of Macarthur Coal
Tuesday, August 30, 2011 - 5:39amPeabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT) today announced that PEAMCoal has agreed to terms with the Macarthur board for a cash takeover of all outstanding shares of Macarthur Coal for A$16.001 per share, valuing the equity in Macarthur at approximately A$4.8 billion. All...
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JP Morgan Initiates Alliance Resource Partners At Overweight, $82 PT
Tuesday, August 30, 2011 - 5:33amJP Morgan has initiated coverage on Alliance Resource Partners (NASDAQ: ARLP) with an Overweight rating and $82 price target.
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JP Morgan Initiates Alpha Natural Resources At Neutral, $39 PT
Tuesday, August 30, 2011 - 5:27amJP Morgan has initiated coverage on Alpha Natural Resources (NYSE: ANR) with a Neutral rating and $39 price target.
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Peabody Energy, ArcelorMittal and Macarthur Board Agree to Terms for Recommended Takeover of Macarthur Coal
Monday, August 29, 2011 - 8:54pm
Peabody Energy (NYSE: BTU) and ArcelorMittal (NYSE: MT), today announced that PEAMCoal has agreed to terms with the Macarthur board for a cash takeover of all outstanding shares of Macarthur Coal for A$16.00(1) per share, valuing the equity in Macarthur at approximately A$4.8 billion. All...
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Midday Gainers; Travelzoo up 12% on Heavy Volume
Monday, August 29, 2011 - 11:58amTravelzoo Inc. (NASDAQ: TZOO) +12.11% on heavy volume. Meritor Inc (NYSE: MTOR) +10.09% on average volume. Manitowoc Company, Inc. (NYSE: MTW) +11.49% on average volume. Denison Mines Corp. (NYSE: DNN) +9.22% on average volume.
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