Posts for Ticker ‘LUKOY’

Russian ADRs Take Off (MTL)(LUKOY)

Tickerspy’s Russian Stock and ADR Index is up close to 5% as the market goes into its close.  Among the biggest movers was LUKOIL (OTC: LUKOY), an oil and gas company that was up over 6.5% today.  Mechel OAO (NYSE: MTL), a mining company, was also up over 6.5%.

Russian oil and mining stocks were up today largely due to the effects of this weekend’s G-20 meetings, where world leaders agreed to continue their fiscal and monetary stimulus until global economic recovery.  This news gave investors confidence that there will be demand for industrial commodities in the coming quarters.  This has had the effect of pushing up the value of Russia’s ruble again the dollar, along with Russia MICEX index, as oil and metals mining represent a significant portion of that country’s economy.  

Garrett W. McIntyre

Posted on: November 9, 2009 – 3:25 pm in ETF, Emerging Markets, International Markets, Metals, , , , , , , , , ,

Foreign Brands Gone Missing For Investors (NYX, NDAQ, ADDDF, BAESY, AHBIF, LVMHF, NSRGY, NTDOY, RHHBY, LUKOY)

There has been an interesting trend in the globalization movement.  The U.S. has seen some major brands and major companies get acquired by foreign public companies, but suddenly U.S. investors have a very hard time in investing in those companies again.   The NYSE Euronext, Inc. (NYSE: NYX) and the NASDAQ OMX Group Inc. (NASDAQ: NDAQ) have an opportunity to recruit many of these foreign companies to take on full US listings (again for some of them).  We also have many products and goods produced by foreign companies which we in the U.S. consume.  Despite most of these companies being public, most U.S. investors cannot easily invest in many of these icons.  Most brokers do not even know how to trade them.  The Peter Lynch method suggests investing in what you know, yet that notion is not possible in many of these companies for most Americans.  This form of globalization may feel like isolation for investors who want to own a piece of their favorite brands.

Throughout this decade, it became commonplace for large companies to stop having full listings in the U.S.  One reason was over the disclosure and regulatory rules, while some reasoned that the cost of listing was of little to no benefit to the company.  Some of these are at least traded OTC or on the Pink Sheets.  That is good or at least a start.  Unfortunately, most Americans  do not know how to invest in these markets.  For that matter, most brokers do not either.  Here are just some of the companies which trade OTC or on the Pink Sheets:
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Posted on: April 17, 2009 – 11:14 am in ADR, Consumer Goods, IPOs, International Markets, OTC, , , , , , , , , ,

Lukoil, Profits & Losses (COP, LUKOY)

offshore-rig-pic53The largest non-government owned oil company in Russia, OAO Lukoil, has reported a net loss of $1.6 billion for the fourth quarter of 2008, according to the company’s financial statements filed today. The company attributed the loss to a slump in hydrocarbon prices in Q4-2008 along with a loss resulting from the ruble devaluation, and high level of export duties rates in the beginning of the quarter.

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Posted on: April 7, 2009 – 9:31 am in ADR, Earnings, Oil & Gas, ,

Top Analyst Downgrades (CRZO, LDK, LUKOY, MBLX, PLLL)

burning-money-pic19These are some of the top analyst downgrades and negative research calls we are seeing this Thursday morning with about two hours until the market opens:

  • Carrizo Oil & Gas (CRZO) Cut to Hold at Jefferies.
  • LDK Solar (LDK) Cut to Sell at Piper Jaffray.
  • Lukoil (LUKOY) Cut to Sell at Citigroup.
  • Metabolix (MBLX) Cut to Neutral at Piper Jaffray.
  • Parallel Petroleum (PLLL) Cut to Hold at Jefferies.

JON C. OGG

Posted on: March 12, 2009 – 6:44 am in Analyst Calls, , , , ,

Top 10 Pre-Market Analyst Calls (T, CHK, KOF, CMCSA, KEY, LLNW, LUKOY, MTH, PPG, VZ)

These are not the only analyst calls today, but these are the top ten calls that 247WallSt.com is looking at this morning:

  • AT&T (NYSE: T) downgraded to Neutral from Outperform at Credit Suisse.
  • Chesapeake Energy (NYSE: CHK) started as Buy at Jefferies.
  • Coca-Cola FEMSA (NYSE: KOF) downgraded to Hold from Buy at Citigroup.
  • Comcast (NASDAQ: CMCSA) downgraded to Neutral from Outperform at Credit Suisse.
  • KeyCorp. (NYSE: KEY) downgraded to Underperform from Sector Perform at RBC Capital.
  • Limelight Networks (NASDAQ: LLNW) downgraded to Market Perform from Outperform at Oppenheimer.
  • Lukoil (NASDAQ: LUKOY) raised to Buy from Hold at Citigroup.
  • Meritage Homes (NYSE: MTH) raised to Buy from Neutral at UBS.
  • PPG Industries (NYSE: PPG) downgraded to Hold from Buy at Citigroup.
  • Verizon (NYSE: VZ) downgraded to Neutral from Outperform at Credit Suisse.

Jon C. Ogg
February 20, 2008

Posted on: February 20, 2008 – 7:38 am in Analyst Calls, , , , , , , , , ,