KeyCorp Q3 Revenue Up 8.1% and 4 Hot Stocks Buzzing on The Street
Cnooc (NYSE:CEO): Canada’s has rejected Petroliam Nasional’s bid of $5.21 billion for a natural-gas producer, and this causes concern for major Chinese investors about Ottawa. It also raised uncertainty regarding the pending deal of $15.1 billion by Cnooc for Nexen (NYSE:NXY), which is the Canadian independent energy producer, according to the Wall Street Journal.
Peabody Energy Corp. (NYSE:BTU): The anticipated global economic growth along with China’s infrastructure spending could cause a global seaborne metallurgical coal demand growth reaching 10 to 15 percent during 2013, and Wood Mackenzie believes that coal should overtake oil as the world’s largest energy source during 2013 while global coal demand continues to rise next year.
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Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) sees its 2012 consolidated sales from mines at about 3.6 billion pounds of copper, 1.0 million ounces of gold, and 82 million pounds of molybdenum. For 2013, consolidated sales from mines are expected to reach about 4.3 billion pounds of copper, 1.4 million ounces of gold, and 90 million pounds of molybdenum.
Alpha Natural Resources (NYSE:ANR) is scheduled to report its Q3 2012 results on Friday, November 2, 2012.
KeyCorp (NYSE:KEY) announced that its Q3 revenue saw an 8.1 percent increase reaching $1.12 billion from the same quarter the previous year. The company reported $0.23 earnings per share for its Q3, which has risen from $0.22 earnings per share from the previous year.
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