Today on Stockhouse
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Chris Weber of DailyWealth presents what he considers to be the most important silver news in nearly 30 years.
Top Bullboards post: “This Co. has a big cash position and a cheap share price. It seems poised to really start moving here. I'm guessing the spike was from a tought by Sprott, well it's got my attention and I'm liking what I see. Money, great location, solid PP investment, overall great value. I am confused on why this is so cheap. There are .75 cent stocks out there with a lot less. Can anyone give me an idea why this is so cheap, is there management issues I haven't come across?” From MiksPiks on the Takara Resources (TSX: V.TKK, Stock Forum) board.
Top Bullboard:OPEL Solar International (TSX: V.OPL, Stock Forum) received the most reads and posts.
Top blog: littleguy123 writes about the great gold bait-and-switch in the Outside the Market blog.
For news about small stocks that made big moves in Friday’s trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.
Word on Wall Street
"Everything is linked now," said David Katz, senior portfolio strategist at Weiser Capital Management, in an interview with Associated Press. "There is no such thing as a catastrophe happening in any major country and it not affecting the global economy."
| Selected expected U.S. earnings releases for Tuesday |
| (Consensus Estimates vs. Last Year) |
|
| AAR Corp. (NYSE: AIR) |
Q3 |
$0.42 vs. $0.26 |
|
| Gulf Resources (NASDAQ: GFRE) |
Q4 |
$0.38 vs. $0.21 |
|
| RAM Energy Resources (NASDAQ: RAME) |
Q4 |
$0.01 vs. $0.00 |
|
| rue21, Inc. (NASDAQ: RUE) |
Q4 |
$0.43 vs. $0.36 |
|
| SmartHeat (NASDAQ: HEAT) |
Q4 |
$0.19 vs. $0.13 |
|
| Williams-Sonoma (NYSE: WSM) |
Q4 |
$0.98 vs. $0.86 |
|
| Selected expected Canadian earnings releases for Tuesday |
| (Consensus Estimates vs. Last Year) |
|
| First Quantum Minerals (TSX: T.FM) |
Q4 |
$2.62 vs. $2.67 |
|
| Sino-Forest (TSX: T.TRE) |
Q4 |
$0.62 vs. $0.43 |
|
| Uni-Select (TSX: T.UNS) |
Q4 |
$0.69 vs. $0.27 |
|
Today In The Markets
TSX declines as worries mount over Japanese economy: "an enormous problem"
|
| DJIA |
11,993.16 |
-51.24 |
 |
|
| NASDAQ |
2,700.97 |
-14.64 |
|
|
| S&P500 |
1,296.39 |
-7.89 |
|
|
| S&P/TSX |
13,619.19 |
-55.06 |
|
|
| S&P/TSX Venture |
2,193.00 |
-73.68 |
|
|
(The Canadian Press) TORONTO-NEW YORK - The mining sector helped push the Toronto stock market lower Monday as investors tried to assess the economic impact of last week's catastrophic earthquake and tsunami in Japan.
The S&P/TSX composite index closed well off the lows of the session thanks to improvements in the energy and financial sectors, coming off a 163-point deficit to close down 55.06 points at 13,619.19.
The TSX Venture Exchange was down 73.68 points at 2,193.07.
The Dow Jones industrials lost 51.24 points to 11,993.16.
The Nasdaq composite index was down 14.64 points at 2,700.97 while the S&P 500 index gave back 7.89 points to 1,296.39.
Please click here for the complete U.S. and Canadian market summaries.
After-Hours News
Arotech Corp. (NASDAQ: ARTX, Stock Forum)
a provider of quality defense and security products for the military, law enforcement and security markets, today reported results for the quarter and full year ended December 31, 2010. Revenues for the fourth quarter reached $17.3 million, compared to $20.9 million for the corresponding period in 2009, a decrease of 17%. The Company's net loss for the fourth quarter of 2010 was $(431,000), or $(0.03) per share, compared to a net profit of $761,000, or $0.06 per share, for the corresponding period in 2009.
AlarmForce Industries Inc. (TSX: T.AF, Stock Forum)
Canada's largest manufacturer and installer of live two-way voice home alarms systems, is pleased to announce results for the three months ended January 31, 2011. Revenue in the quarter rose to $9.9 million from just over $9 million a year earlier. In the same period, net income rose to $1.6 million or 13 cents a share from $1.2 million or 10 cents.