Potash (NYSE: POT), Amazon.com (NASDAQ: AMZN), Caterpillar (NYSE: CAT), Cliffs Natural Resources (NYSE: CLF), Steel Dynamics (NASDAQ: STLD) and Exelon (NYSE: EXC) ratings and price targets.
Amazon.com (AMZN) had its “Hold” rating reiterated by Needham & Company.
Caterpillar (CAT) had its “Conviction Buy” rating reiterated by Goldman Sachs (NYSE:GS).
Cliffs Natural Resources (CLF) had its “Conviction Buy” rating reiterated by Goldman Sachs.
Potash (POT) had its price target lowered by BMO Capital Markets from $61.00 to $59.00. They have an “Outperform” rating on the company.
Steel Dynamics (STLD) had its price target raised by Dahlman Rose from $18.00 to $21.00. They have a “Buy” rating on the company.
Exelon (EXC) was downgraded by UBS AG (NYSE:UBS) from a “Buy” rating to a “Neutral” rating.
Showing posts with label Potash Corp. Show all posts
Showing posts with label Potash Corp. Show all posts
Monday, January 30, 2012
Friday, September 3, 2010
Call Buyers Crush on Anadarko (NYSE:APC)
Rumors are flying that BHP Billiton (NYSE:BHP) is not just interested in fertilizer and Potash Corp. (NYSE:POT), but may be eyeing up Anadarko Petroleum (NYSE:APC) as well.
Shares of Anadarko surged yesterday after the reports came out, rising above 5 percent at one time, but drawing back and closing at $50.24, gaining $1.45, or 2.97 percent at the end of the trading session.
Call volume were the heaviest for Anadarko for the September $55 strike, with over 9,000 contracts being exchanged by a little after noon EDT. Close to 4,000 of those were acquired at an average premium of $0.51 apiece.
For the September $52.5 strike, call buyers bought close to 2,000 calls at a premium of $1.01 each. Another 2,900 calls now in-the-money calls were scooped up at the September $50 strike for an average premium of $1.85 each.
Interestingly, the frenzy continued into the November $55 strike, where traders acquired about calls for an average premium of $2.29 each.
If the acquisition rumors persist, or if they're confirmed to be true by a bid from BHP, calls should shoot higher before the expiration.
Shares of Anadarko surged yesterday after the reports came out, rising above 5 percent at one time, but drawing back and closing at $50.24, gaining $1.45, or 2.97 percent at the end of the trading session.
Call volume were the heaviest for Anadarko for the September $55 strike, with over 9,000 contracts being exchanged by a little after noon EDT. Close to 4,000 of those were acquired at an average premium of $0.51 apiece.
For the September $52.5 strike, call buyers bought close to 2,000 calls at a premium of $1.01 each. Another 2,900 calls now in-the-money calls were scooped up at the September $50 strike for an average premium of $1.85 each.
Interestingly, the frenzy continued into the November $55 strike, where traders acquired about calls for an average premium of $2.29 each.
If the acquisition rumors persist, or if they're confirmed to be true by a bid from BHP, calls should shoot higher before the expiration.
Thursday, September 2, 2010
BHP (NYSE:BHP) May Bid for Anadarko (NYSE:APC)
A report from a newspaper in Australia said BHP (NYSE:BHP) may be interested in making a bid for Anadarko Petroleum Corp. (NYSE:APC).
Anadarko is 25 percent owner of the Macondo well with BP (NYSE:BP), which they're in the middle of permanently plugging.
The newspaper cited "a senior figure in the global energy industry," saying they are a possible target of BHP.
BHP has already made a bid for fertilizer giant Potash Corp. (NYSE:POT), as they look for deals to grow the company.
The oil company rose in response to the news to $50.36, gaining $1.57, or 3.22 percent, as of 1:56 PM EDT.
Anadarko spokesman John Christiansen had no comment on the story.
Anadarko is 25 percent owner of the Macondo well with BP (NYSE:BP), which they're in the middle of permanently plugging.
The newspaper cited "a senior figure in the global energy industry," saying they are a possible target of BHP.
BHP has already made a bid for fertilizer giant Potash Corp. (NYSE:POT), as they look for deals to grow the company.
The oil company rose in response to the news to $50.36, gaining $1.57, or 3.22 percent, as of 1:56 PM EDT.
Anadarko spokesman John Christiansen had no comment on the story.
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