Tag: resources

How Savings and Investment Increase an Economy’s Output

Filed in BP, Debt, deflation, economy, interest-rates, Lear, o, silver, Spot Gold, target, US Dollar by on February 14, 2011 0 Comments

Everyone who has held a job and a bank account understands the potential benefit of postponing consumption today in order to enjoy greater consumption in the future. However, many people — if pressed — would explain this increase in saver’s income by an offsetting reduction in the income of a borrower in the economy. This is certainly a possibility. For example, if Bill (the borrower) forgets his lunch money on Monday, he might ask his coworker Sally (the saver), “Can you lend me $10 and I’ll pay you back $11 tomorrow?”  If Sally agrees, then it is clear that her $1 in interest on the personal loan was paid out of Bill’s reduced income for that month. In other words, if Bill’s take-home pay that month were $5,000, then he would actually only have $4,999 to work with, because of his $1 expenditure in “buying a loan” from Sally. At the same time, if Sally’s normal paycheck were also $5,000, then this particular month she would actually have $5,001 to work with, after earning $1 in providing “lending services” to Bill. In the scenario above, what basically happened is that Bill financed his consumption with an “advance” made by Sally. On the Monday morning is question, …

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EOG Resources (NYSE:EOG) Clarifies Guidance Cut

Filed in barclays, EOG Resources, Guidance, Lear, o, silver by on January 28, 2011 0 Comments

A number of investors were stymied and concerned over the guidance cut by EOG Resources (NYSE:EOG), which wasn’t communicated clearly, and left many with concerns over the performance of the company. Barclays says, “The November guidance cut had little to do with operating performance/execution. EOG provided little help at the time to investors trying to understand the negative guidance on its

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Citigroup Gets More Bullish on Franklin Resources and Prudential (BEN, PRU)

Filed in citigroup, dividend, earnings, Gold, o, shares, target by on January 18, 2011 0 Comments

Financial services companies Franklin Resources, Inc. ( BEN ) and Prudential Financial, Inc. ( PRU ) both saw their price targets boosted on Tuesday by analysts at Citigroup. The firm said it raised its price target for BEN to $143, which implies an 18% upside to the stock’s Friday closing price of $121.21. Citigroup noted that asset flow data remains positive for the company, and maintained its “Buy” rating. Meanwhile, the analyst boosted its target for PRU to $65, representing an expected 5% upside to the stock’s Friday closing price of $61.70. Citigroup also lifted its earnings estimates for Prudential, citing potential benefits from current equity and currency trends, and maintained its “Hold” rating. Franklin Resources and Prudential Financial shares were both flat in premarket trading Tuesday. The Bottom Line Shares of Franklin Resources ( BEN ) have a .83% dividend yield, based on last night’s closing stock price of $121.21. Shares of Prudential Financial ( PRU ) have a 1.86% dividend yield, based on last night’s closing stock price of $61.70. Franklin Resources, Inc. ( BEN ) and Prudential Financial, Inc. ( PRU ) are both rated “Neutral,” holding Dividend.com DARS™ Ratings of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Dominion Resources Upgraded to “Buy” at Deutsche Bank (D)

Filed in dividend, earnings, EPS, Gold Investing, Gold Investment, o, shares, target, upgrade by on January 14, 2011 0 Comments

Energy producer and transporter Dominion Resources, Inc. ( D ) on Friday saw its rating and price target boosted by analysts at Deutsche Bank. The firm said it upgraded Dominion from “Hold” to “Buy” while raising its price target from $42 to $46.50. That new target suggests a 9% upside to the stock’s Thursday closing price of $42.61. A Deutsche Bank analyst commented, “We are upgrading D to Buy from Hold, based on D’s strong regulated growth plans and its execution track record as well as an attractive New England merchant generation fleet. We expect the merchant segment’s earnings to be relatively flat in 2012 versus 2011 and turn upward in 2013, removing a drag on strong regulated earnings growth. We view D’s 5%-6% EPS growth target starting in 2012 as achievable, with upside in the event of stronger improvement at merchant gen or the realization of additional regulated growth.” Dominion Resources shares were mostly flat in premarket trading Friday. The Bottom Line We have been recommending shares of Dominion Resources ( D ) since Dec.2, 2009, when the stock was trading at $37.18. The company has a 4.29% dividend yield, based on last night’s closing stock price of $42.61. Dominion Resources, Inc. ( D ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Top Picks 2011: MDU Resources (MDU)

Filed in Bank Gold, lead, o by on January 8, 2011 0 Comments

Filed under: Newsletters , Oil , Stocks to Buy , Best Stocks for 2011 This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011 . This special report is courtesy of TheStockAdvisors.com . “Even among great companies, one year’s leader is often the next’s laggard and vice versa; MDU Resources ( MDU ) is one under-performer that looks increasingly likely to get it’s legs back in 2011,” says utility stock specialist Roger Conrad . The editor of The Utility Forecaster explains, “The company is best thought of as a financially conservative resource company, whose cash flows are anchored by solid regulated energy assets. Continue reading Top Picks 2011: MDU Resources (MDU) Top Picks 2011: MDU Resources (MDU) originally appeared on BloggingStocks on Sat, 08 Jan 2011 17:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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PNG to Buy Gas Storage Facility – Analyst Blog

Filed in BP, Gold Investing, Gold Prices, o by on December 30, 2010 0 Comments

PAA Natural Gas Storage L.P., a unit of Plains All American Pipeline L.P., has agreed to buy SG Resources Mississippi LLC for roughly $750 million to increase exposure in the Gulf Coast market.

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Magnum to Take Over NGAS Resources – Analyst Blog

Filed in BP, Debt, Gold Investing, o by on December 30, 2010 0 Comments

Magnum Hunter Resources Corporation announced the acquisition of NGAS Resources for approximately $98 million in stock and debt.

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Top Picks 2011: NovaGold Resources (NG)

Filed in Bank Gold, commodities, Gold, NovaGold Resources, o by on December 27, 2010 0 Comments
Top Picks 2011: NovaGold Resources (NG)

Filed under: International Markets , Newsletters , Canada , Commodities , Stocks to Buy , Best Stocks for 2011 This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011 . This special report is courtesy of TheStockAdvisors.com . “NovaGold Resources ( NG ) — my top pick for 2011 — is an up-and-coming mining outfit that owns a pair of world-class deposits,” says Stephen Leeb . The editor of The Complete Investor explains, “It has partnered with a couple of industry heavyweights to develop these projects, and it has the backing of some of the savviest investors around, giving it the wherewithal that will enable the company to transition from junior explorer to mid-tier producer in a few short years. Continue reading Top Picks 2011: NovaGold Resources (NG) Top Picks 2011: NovaGold Resources (NG) originally appeared on BloggingStocks on Mon, 27 Dec 2010 13:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Warren Resources, Inc. (WRES) to Present at Southcoast Energy Conference

Filed in BP, Gold Prices, o by on November 26, 2010 0 Comments

Warren Resources Inc., an independent energy company engaged in the exploration and development of domestic onshore oil and natural gas reserves, announced recently that the company will present at the Capital One Southcoast 2010 Energy Conference in New Orleans on December 7, 2010. Timothy Larkin, Warren’s Executive VP and CFO, along with David Fleming, its

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Continental Resources (NYSE:CLR) NAV Driven Higher by Activity, Exploration

Continental Resources (NYSE:CLR) was upgraded by Jefferies today from “Neutral” to “Buy,” citing an expected higher NAV. Jefferies said, “Accelerated activity, positive exploration datapoints, and downspacing success in the Williston drive our NAV higher. Unaccounted for is a meaningful Niobrara position and a growing Cana presence. 1st long lateral Niobrara well to spud next month. Positive

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EOG to Issue $1.5 Billion Debt – Analyst Blog

Filed in BP, Debt, Gold Prices, o, silver by on November 19, 2010 0 Comments

EOG Resources is planning to issue debt worth $1.5 billion in a three-part sale.

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Endeavour (AMEX:EXK), Silver Standard (NASDAQ:SSRI), Mag Silver (AMEX:MVG) All Down on China Inflation Concerns

Endeavour Silver (AMEX:EXK), Silver Standard Resources (NASDAQ:SSRI), Mag Silver Corp. (AMEX:MVG) were all punished on Friday when China’s consumer price index (CPI) came in higher than expected, increasing to 4.4 percent. Silver and gold prices all fell significantly as speculation China may battle their inflation by implementing higher interest rates drove down commodities, especially most

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