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3/28/13Evraz moves to sell SA steel unit to BEE group for $320m (Gold Stocks Today)

International steel group Evraz has announced plans to sell 85% of South African steel and vanadium producer Evraz Highveld to a black economic-empowerment (BEE) consortium for $320-million – the transaction would be the largest BEE deal in the South African steel sector.A non-binding term sheet had been signed with a consortium represented by an entity known as Nemascore, about which little information was immediately available. In fact, market observers were taken by surprise both by the...

11/4/10Strategic Hotels & Resorts Reports Mixed 3Q (Benzinga)

Deutsche Bank has published a "company alert" research report on Strategic Hotels & Resorts (NYSE: BEE) after mixed 3Q results and awaiting further liquidity initiatives. In the report, Deutsche Bank writes "BEE posted respectable RevPAR & hotel EBITDA growth in 3Q, but we thought results might be a bit better given broader luxury trends. A few markets appear to be constraining BEE"s rebound. No comment on 4Q or '11 trends in the release, so we'll look to Thursday's call for those, as well...

3/24/10BEE (Samurai Trader)

A lot of stocks rocketed for dumb reasons today, but this one rocketed on no reason. Why it got the volume it got is anyone;s guess, but it sure is a nice chart,. It had very strong resistance around 2.75 which it got through earlier this month, and volume has been picking up since. The price relative has been quite strong, CMF shows at least some accumulation, but ATR did not dip before this breakout. That might not mean anything, but I will keep an eye on this to see if it does.


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