M&A Gets Nasty As Metals Rebound
One sign metal prices are firmly rebounding has been the resurgence in boardroom battles and hostile takeovers, and their increasingly belligerent tones.
News
People (September 07, 2009)
ArcelorMittal — Malay Mukherjee has resigned as a director.
Letter to the Editor: Groia, MacNeil Wrong To Blame Labs In Fraud Cases
In their commentary “NI 43-101 gives false sense of security” ( T. N. M., Aug. 31-Sept. 6/09), Joseph Groia and James MacNeil make a number of comments and conclusions about the sources of fraud in th…
U.S. Markets Aug. 25-31
After a dramatic run-up in the three major U. S. stock indexes since early March, equities seemed to lose a little steam during the Aug. 25-31 reporting period. The S&P 500 index fell 0.72% or 7.3…
Toronto Stock Exchange Aug. 25-31
For the first time in a year, Canada’s gross domestic product actually increased during the month of June, if only by a smidgeon at 0.1%. However, it still fell 0.9% overall during the second quarter….
TSX Venture Exchange Aug. 25-31
The S&P/TSX Venture composite index capped off the month of August with a small 8.42-point loss over the Aug. 25-31 reporting period, closing at 1,183.67. The Venture exchange finished the month m…
LME Warehouse Levels (September 07, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, September 1, 2009 (change from August 25 in brackets):
Spot Prices (September 07, 2009)
COURTESY OF SCOTIABANK
Producer And Dealer Prices (September 07, 2009)
Antimony: Mid-mkt US$4,950/t.
Daily Metal Prices (September 07, 2009)
Date Aug. 31 Aug. 28 Aug. 27 Aug. 26 Aug. 25 BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne) Al Alloy Holiday 1720/1750 1680/1710 1695/1760 1690/172…
North American Stock Exchange Indices (September 07, 2009)
52-week Date Aug. 31 Aug. 28 Aug. 27 Aug. 26 Aug. 25 High Low S&P/TSX-Ven Comp 1175.24 1188.71 1182.15 1186.09 1183.67 1983.64 678.62 TSX Composite 10868.21 10977.97 10933.96 10912.17 10920.53…
TSX Venture Short Positions (September 07, 2009)
Short positions outstanding at Aug 15/09 (with changes from July 31/09).