Apple Inc. (NASDAQ: AAPL) was up over $5 today or 1.75%, hitting a new 52-week high of $320.18.
Bank of America Corporation (NYSE: BAC) soared 5.30% on news from the Wall Street Journal that stated the fed may let healthy banks once again increase their dividends. The bank has been beaten heavily by short sellers recently. The stock is down a whopping 30% in the last 6 months.
BHP Billiton (NYSE: BHP) was up almost 6% hitting a new 52-week high. The company had been trying to buy Canadian fertilizer firm, Potash Corporation (NYSE: POT). However the Canadian government stepped in, announcing that it would block the bid from the foreign company.
Ford Motor Company (NYSE: F) jumped 4.48% to $15.86 per share. News that General Motors will soon IPO averted more interest to Ford instead.
Polypore International (NYSE: PPO), a company that specializes in filtration processes, was one of the top losers today after it reported so-so earnings. The stock traded approximately 10% lower.
Verizon Communications Inc. (NYSE: VZ) rallied 1.61% today. The company recently awarded a contract to Alcatel (NYSE: ALU) for expanding its 3G and 4G networks. Alcatel was down almost 9% after the company reported earnings that did not impress investors.
Showing posts with label BHP. Show all posts
Showing posts with label BHP. Show all posts
Thursday, November 4, 2010
Sunday, October 31, 2010
Agrium Mines for Results (NYSE: AGU) (NYSE: POT) (NYSE: BHP)
Agrium, which reports earnings on Wednesday, has been on a tear ever since fertilizer peer, Potash Corp, received a bid from BHP Billiton. Agrium closed trading on Friday at $88.51, which is up over 40% in the past three months. Analysts expect the company to earn $0.87 per share on revenue of $2.10 billion.
Potash Corp of Saskatchewan had reported previously, earnings $1.32 per share, beating analyst estimates of $1.16. The entire sector however has been heated up, as the seemingly rare fertilizer products that the industry produces is in high demand. It is still unclear what the fate of Potash Corp will be and if BHP Billiton will increase its bid.
To Read Kibbens' Potash report, click here.
Potash Corp of Saskatchewan had reported previously, earnings $1.32 per share, beating analyst estimates of $1.16. The entire sector however has been heated up, as the seemingly rare fertilizer products that the industry produces is in high demand. It is still unclear what the fate of Potash Corp will be and if BHP Billiton will increase its bid.
To Read Kibbens' Potash report, click here.
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