ANV Crosses Critical Technical Indicator Wednesday, April 17, 4:02 PM ET, by Market News Video Staff In trading on Wednesday, shares of Allied Nevada Gold Corp (ANV) entered into oversold territory, ...
By Market News Video Staff, Tuesday, November 23, 12:22 PM ET
Massey Energy (MEE) said today it has hired Perella Weinberg Partners and Cravath, Swaine & Moore review strategic alternatives that could enhance shareholder value. Massey said it has not set a timetable for completion of its evaluation and there can be no assurance the process will lead to a transaction. The company did not specify what strategic alternatives it is exploring.
Massey shares are trading lower by just over 2% on Tuesday.
Massey is the top stock, at 5.26%, of the SPDR S&P Metals & Mining ETF (AMEX:XME), also trading lower by about 2% today. Hecla Mining (NYSE:HL) is the second-largest holding in the fund at 5.17%, followed by Stillwater Mining (NYSE:SWC) at 4.63% of the portfolio.
The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors — anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.
This Article's Word Cloud:AMEXEnergyInvestmentMasseyMetalsMiningMooreNYSEPortfolioStillwaterSwaineaboutallowsalsoalternativesassetbondsclassescompanycompletecompletelycompletioncouldcountriesdesignedenhanceevaluationfollowedgrowthinvestorsjustleadleadslowerperformanceportfolioprocessprogramsaidshareholdersharesshortstocksstrategictermstheretodaytradingtransactionwhat
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.