Dallas,TX 1/20/2010 12:03:04 AM
News / Business

Biggest Gainers Basic Materials Stocks are WMB, PEIX, TGB

Basic Materials Stocks

Williams Companies, Inc. (NYSE:WMB) surges 10.72% to $23.66 on 2.82 million shares after the company announced that its previous fiscal 2009-11 guidance for recurring earnings which was issued on October 29, 2009, is unchanged. Williams Companies and Williams Partners L.P. announced that Williams plans to contribute its gas pipeline and domestic midstream businesses plus its limited- and general-partner interests in Williams Pipeline Partners L.P. into Williams Partners.

 

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Pacific Ethanol Inc (NASDAQ:PEIX) climbs 15.02% to $2.45 on 2.32 million shares. The stock hit an intraday high and an intraday low of $2.48 and $2.15 respectively. In the last six months the stock went up over 681%. Pacific Ethanol, Inc. produces and sells ethanol and its co-products, including wet distiller’s grain, and provides transportation, storage and delivery of ethanol through third-party service providers in the Western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington.

 

Taseko Mines Limited (USA) (AMEX:TGB) soars 9.36% to $5.48 on 1.69 million shares. The stock hit an intraday high and an intraday low of $5.59 and $5.41 respectively. In the last six months the stock went up over 215%. Taseko Mines Limited is a mining and mineral exploration company. The Company has one operating mine and three exploration projects, all located in British Columbia, Canada, which includes Gibraltar copper-molybdenum mine, the Prosperity gold-copper property, the Harmony gold property, and the Aley niobium property.

 

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