http://www.insidermonkey.com/blog/hedge-funds-say-you-should-bet-on-only-one-of-these-3-falling-stocks-371995/

With this in mind, let’s start by taking a closer look at the development that sent Teck Resources Ltd (USA) (NYSE:TCK)‘s stock almost 10% down today. The decline came on the back of the deal between Total SA (ADR) (NYSE:TOT) and Suncor Energy Inc. (USA) (NYSE:SU) that involves the sale of Total’s 10% stake in the Fort Hills oil sands project to for $310 million. Teck holds a 20% interest in the project, which values it at around $610 million, compared to the net carrying value of $2.3 billion at the end of June. The mining company took another hit last week after Moody’s downgraded its credit rating to ‘junk’ citing Teck Resources Ltd (USA) (NYSE:TCK)’s spending on the Fort Hills project and underperforming commodity prices.