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Stock Market & Financial Investment News

News Breaks
February 27, 2013
08:12 EDTSWCStillwater Mining sees 2013 capital expenditures $172.8M
Stillwater Mining said its Montana mining operations as currently configured, function well at a production rate of approximately 500,000 combined ounces of palladium and platinum per year. Mine plans for 2013 once again have been structured to achieve that level of production. It is anticipated that total cash cost per ounce for the two Montana mines will average approximately $560 in 2013, 15.7% higher than the $484 per ounce averaged in 2012. Capital expenditures are budgeted to total approximately $172.8M for 2013, up from $116.6M in 2012. The increase is attributable primarily to additional capital requirements at the Marathon project, along with the acceleration of the Far West development area within the Stillwater Mine.
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May 20, 2013
07:09 EDTSWCStillwater elects Brian Schweitzer as chairman of the board, starts CEO search
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May 16, 2013
10:03 EDTSWCOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Amazon.com (AMZN) initiated with a Buy at Lazard Capital... Apple (AAPL) initiated with a Neutral at Susquehanna... Churchill Downs (CHDN) initiated with a Buy at Brean Capital... Interpublic Group (IPG) initiated with an Overweight at Evercore... Monarch Casino (MCRI) initiated with a Buy at Brean Capital... Stillwater Mining (SWC) coverage resumed with an Outperform at Wells Fargo... Wabtec (WAB) initiated with an Overweight at Atlantic Equities... eBay (EBAY) initiated with a Buy at Lazard Capital... Dangdang (DANG) initiated with a Buy at BofA/Merrill... Coeur d’Alene Mines (CDE) coverage resumed with a Neutral at JPMorgan... ValueClick (VCLK) initiated with an Underperform at Northland Securities... Yelp (YELP) initiated with an Outperform at Cowen.
05:34 EDTSWCStillwater Mining coverage resumed with an Outperform at Wells Fargo
Price target range $15-$17.
May 8, 2013
13:28 EDTSWCClinton Group comments on voting results at Stillwater Mining
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