Tuesday, March 15, 2011

Teck News Not Great for Commodity Group

Emerging Money submits:

By Tim Seymour

One of the world?s leading specialty miners blames an "unusually difficult winter" for a forecast of lower coal sales in this quarter. Not bullish.

While Teck (TCK) thinks performance will improve in the second quarter, the stock is still getting pounded after its downward guidance.

Turns out TCK now expects to sell only 4.6 to 4.9


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