LVMH posted improved sales growth for the third quarter as stronger trading in Europe and the United States helped make up for weakness in Asia.» Read More
The rare earth story jumped to front pages in 2010. China dominates the market for the arcane metals, which are vital to technology products. Which companies, though, can fill that need, now that China has begun to limit exports?
A short while ago I had Jon Hykawy, Clean Technologies and Materials Analyst at Byron Capital Markets on our air to talk about rare earth proxy Molycorp. Today, Jon sent me the following note in response to the recent runup in MCP.
Rare earth proxy Molycorp recently passed $5 billion in market cap — bigger than well-known names like Abercrombie & Fitch, Sunoco or Pitney Bowes.
Cramer makes the call on viewers' favorite stocks.
These obscure metals, a market totaling only $2.5 billion, are set to be 21st century stockmarket darlings.
Don Bubar, CEO of Avalon Rare Metals, talks about the construction of a new mine and the rare earth metals trade in general.
The Fast Money traders weigh in on whether today's commodity sell-off is a sign of a deflating bubble or a temporary correction.
Stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs for the first trading day of the year. Bank of America and Alcoa gained, while Coca-Cola fell.
Stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs for the first trading day of the year. BofA and Alcoa rise, while Coca-Cola slipped.
Stocks surged to new two-year highs as investors flocked to stocks, pushing all the major indexes up more than 1 percent on the first trading day of the year. Bank of America and Alcoa gained, while Coca-Cola fell.
The markets aren't a stranger to getting a jolt on the first trading day of the year. Since 2000, the S&P 500 has moved up or down 1 percent on the first day of the year six times. And each time that has happened..?
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks pared gains in the final minutes of trading but still ended at new highs in light trading Wednesday as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to trade at new highs in light trading Wednesday as the closing bell approach despite an absence of fresh economic reports, as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
In a slow trading week, the talk and news on rare earths has been fast and furious. Reports of China limiting exports have roiled several stocks in the space. On Tuesday, Molycorp touched a new high of $55.22 before dropping about $8, erasing about $300 million in market cap.
Despite the high unemployment rate, we may see an increase in labor costs in 2011 that will put pressure on corporate margins, Tobias Levkovich, Citi’s chief US equity strategist, told CNBC.
Stocks continued to reach new highs Wednesday in an absence of economic data as trading volume continued to be light. McDonald's and Chevron rose, while P&G fell.
Investors Intelligence notes that financial newsletter writers who are bullish dropped to 55.6 percent versus 58.8 the week before; but that was the highest level of bullishness since October 2007.
Stocks closed mixed amid thin holiday trading after a couple lackluster economic reports on housing and consumer confidence. Chevron and HP rose, while American Express fell.