NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at 1 p.m.:. Newfield Exploration Co. rose 13.5 percent to $35.94. Dycom Inds Inc. rose 12.0 percent to $41.76.
VANCOUVER, British Columbia _ First Majestic Silver Corp. on Monday reported a loss of $64.6 million in its fourth quarter. On a per-share basis, the Vancouver, British Columbia- based company said it had a loss of 55 cents. For the year, the company reported that its loss widened to $61.4 million, or 52 cents per share.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
*UBS raises Barrick Gold target price to $52 from $46; rating buy. *UBS raises Rainy River Resources Ltd price target to C $7 from C $6;. rating buy* UBS raises Centerra Gold target price to C $17 from C $15.5; rating buy.
Oct 10- First Majestic Silver Corp:. *Produces 2.44 million silver equivalent ounces in third quarter. *Total silver production for the quarter consisted of 2,205,237 ounces of silver, representing a 29% increase.
Stocks picked up some momentum into the afternoon session, as banks gained more than 2 percent and Wall Street shook off fears of a global economic slowdown.
The key to trading today is July ISM, which comes at 10am ET. With the exception of May, it has been above 55 for a year. Unfortunately, the whisper numbers are fairly weak...with some estimates as lows as 52. Still expanding, but not very vigorously.
After a big run last week, the market is somewhat overbought...key story will be nonfarm payrolls Friday, then it's all about earnings. Expectations are low, which is why economic reports can move stocks.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Stocks posted the best first quarter in more than a decade, although the last day of the quarter was fairly lackluster, with stocks dropping just before the close in another low-volume session. AmEx and Intel led Dow decliners, while 3M rose.
Stocks fell just before the close during in another low volume session, but the market remained on track to post the best quarterly results in more than a decade.
The Nikkei was down 10.5 percent again last night and is now down almost 19 percent in the past 4 trading sessions. While some have been calling the markets decline "irrational" (the Nikkei has moved almost one annual standard deviation in three days, FTalphaville has noted), the unstable situation at the nuclear plants is a real X-factor that justify caution.
Oil, which closed just shy of $105 on Friday, has been advancing all morning, and as it again moved to new highs, near $107, S&P futures finally lost some of its momentum. Still, stocks have held up remarkably well: on Friday I noted that oil had advanced nearly 25 percent in the past two weeks or so, while the S&P 500 was down only about 2 percent.
The political protests taking place in Egypt have captured the attention of the world and spurred investor demand for exposure to this nation. A report from TheStreet.
Most market participants expect the Federal Reserve to resume buying assets, and do so in a sizeable way, according to a CNBC survey. How will the move affect markets? Jim Lacamp, portfolio manager at Macropotfolio Advisors and Craig Peckham, managing director and equity product strategist at Jefferies shared their outlooks.
U.S. stock index futures jumped sharply ahead of the open Monday, with bank stocks across the world rallying follow details of the Basel III banking capital rules and Asia particlarly strong following a jump in Chinese industrial output.
Two analysts had very different views on whether Monday's sharp rise in stocks would continue through the summer and the rest of 2010.
Despite Monday's huge rally, investors are taking a somewhat skeptical view of Europe's $1 trillion bailout fund and looking for areas of safety, not risk.
I’m "very bullish" on the North American agriculture business and stocks, said Charlie Rentschler, agriculture and machinery analyst at Morgan Joseph. He shared his best stock plays.
Stocks closed broadly higher on optimism that help was on the way for Greece to deal with its heavy debt burden.