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Cliffs Natural Resources (CLF), the largest producer of iron ore pellets in the U.S., recorded third-quarter 2009 profits of 45 cents, significantly lower than last year’s earnings of $1.61 per share, on weak iron volumes and prices. However, reported earnings were in contrast to the Zacks Consensus Estimate of a loss of 6 cents. Consistent with weaker year-over-year global demand for iron ore -- the steelmaking raw material -- revenues in the quarter tumbled 44% to $666.4 million. Performance by Segments North American Iron Ore: Sales in the segment slipped 47% to $428.2 million on a 31% decline in volumes to 5.5 million tons. Iron ore production halved to 4.6 million tons in the quarter. Demand for iron ore pellets remained weak year over year despite steel demand picking up in the last quarter. Capacity utilization in the North American steel industry ramped from 49% in ...

MONTREAL, QUEBEC, CANADA - October 28, 2009 - ICP Solar Technologies Inc. (OTCBB: ICPR.OB, FRANKFURT: K1U.F), a developer and marketer of innovative, proprietary solar panels and products, announced that the Company has taken further measures to cut costs and decrease overhead even as funds start to flow from the recently-announced financing transaction with its lead investors.

World leader in the telecom information and logistics sector, Global Capacity, Inc. (GC) announced this morning the launch of a new, global tariff pricing system, GCPrice.

GCPrice will give direct access to GC’s massive database of prices and logistical information, allowing customers to scope and range telecom tariffs for Leased Line and Ethernet services in a real-time, high fidelity data environment. This database represents 75 carriers in 67 different countries, inputting over 5,000 discrete tariffs. With geographic and telecom location data points in excess of 10 million, this database represents the most comprehensive quotation development and point-of-sale information aggregating resource available online, capable of generating detailed reports for GC’s customers.

GC has a great deal of experience crafting integrated supply chain management systems and managing complex distributed data architectures, and offers its customers a one-stop-shop approach to telecom information and logistics. This Chicago, IL- based company has operating centers worldwide to

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For Immediate Release

Chicago, IL – October 13, 2009 – Zacks Equity Research highlights Amphenol Corporation (APH) as the Bull of the Day and Palm (PALM) the Bear of the Day. In addition, Zacks Equity Research provides analysis on United States Steel Corporation (X), Cliffs Natural Resources Inc. (CLF) and ArcelorMittal (MT).

Full analysis of all these stocks is available at http://at.zacks.com/?id=2676

Here is a synopsis of all five stocks:

Bull of the Day:

Amphenol Corporation (APH) is scheduled to release its fiscal Q3 results on October 15. The company stated that though the economic environment remains uncertain, there was a stabilization of demand in most markets.

We remain optimistic about Amphenol's long-term growth prospects in the mobile devices business. Demand for mobile phones remains strong. Beyond mobile phones, the company continues to expand the use of its products into fast

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On Oct. 9, United States Steel Corporation’s (X) wholly owned subsidiary U.S. Steel Canada Inc., ArcelorMittal Dofasco and Cliffs Natural Resources Inc. (CLF) have agreed to sell their respective interest in the Wabush Mines joint venture to a Montreal-based steel mining company, Consolidated Thompson Iron Mines Ltd., for $120 million. Wabush Mines owns and operates iron ore mining and pellet facilities in Newfoundland in the U.S. and Labrador and Quebec in Canada. Wabush's total rated annual production capacity is 6.4 million tons of iron ore pellets. U.S. Steel holds 44.6%, ArcelorMittal Dofasco holds 28.6% and Cliffs Natural Resources holds 26.8% in the joint venture. Completion of the transaction is subject to a right of first refusal held by the third owner - Cliffs. ArcelorMittal (MT), the world's largest steelmaker, will receive $34.28 million for its interest. Consolidated Thompson plans to finance the transaction with ...

Calgary-based Enbridge Inc. (ENB) recently announced that it reached an agreement with subsidiaries of U.S. oil major Chevron Corp. (CVX), Norway’s StatoilHydro ASA (STO) and Japan’s Marubeni Corp. to construct and operate a 40-mile, 20-inch oil pipeline from the proposed Big Foot ultra deepwater development in the Gulf of Mexico.   The planned conduit is estimated to cost approximately $250 million and will transport about 100,000 barrels of oil per day to a subsea connection on existing deepwater pipeline infrastructure. It will be located approximately 170 miles south of the Louisiana coast and reach depths of up to 5,900 feet below water.   The proposed Big Foot pipeline will complement Enbridge’s previously announced plans to build the Walker Ridge offshore natural gas pipeline in the area for $500 million. Thus the company has committed a total of $750 million in pipelines to service oil and gas exploration

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Magnum D’Or Resources, Inc. is an innovator in rubber reprocessing with the logistical capacity to easily satisfy its 5-year, $131.2 million in open contracts for the production of rubber buffings and nuggets.

However, as Magnum President and CEO Joseph Glusic recently stated, the infrastructural expansion this capital represents demands the immediate retention of several key personnel.

• Dr. Hugh Campbell, Engineering and Science • Curtis Basner, Operations and Procedure • Thomas Hillmer, Environmental Compliance • Paul Miles, Quality Assurance • Donald Kot, Transportation and Procurement • Donald Brinkmann, Architectural Design and Construction

Glusic expressed his excitement to be working with this team of “renowned consultants” and noted that each was a specialist in his field of expertise.

Magnum’s has its main 98,000-square-foot facility in Magog (Quebec) and an ancillary 120-acre location in Hudson, Colorado with buildings, equipment, commercially zoned land and a 30,000,000-tire inventory.

Magnum has access, through its proprietary technology and systems, to an emerging global market

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The New York Times has an interesting piece, complete with map, about Russia's shrinking linguistic empire, as various former Soviet states make moves to restore native languages within officialdom.  This kind of linguistic nationalism can be seen everywhere from the Basque Country to Quebec to Bolivia to China, and shouldn't be taken out of context.  

Last week, the Department of State issued a permit for Enbridge Inc. (ENB) to build the US portion of a cross-border pipeline. This project, called Alberta Clipper, will transfer crude oil from the tar sands area of Alberta, Canada to Midwestern US refineries.

However, four environmental organizations have vowed to legally challenge the decision as they argue that the pipeline will bring greenhouse-gas intensive oil sands crude from Canada, thereby contributing to global warming.

The company, together with its 12% owned master limited partnership Enbridge Energy Partners LP (EEP), is developing the $3.2 billion Alberta Clipper project. It involves construction of a 1000 mile, 36-inch diameter, heavy crude oil pipeline from Hardisty, Alberta to Superior, Wisconsin, with an initial capacity of 450,000 barrels per day (Bbl/d), eventually expandable to 800,000 Bbl/d by adding pump and terminal stations.

Following receipt of the permit, Enbridge will immediately begin construction

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