Posts for Ticker ‘BHP’

Today’s Best Market Rumors (11/20/2009) (GS)(JAVA)

Updated throughout the day.

GE (NYSE:GE) and Vivendi are at odds over the NBCU valuation  (FT)

IBM (NYSE:IBM) is taking advantage of the delay in the Sun (NASDAQ:JAVA) deal to be bought by Oracle (NASDAQ:ORCL)  (TheStreet)

The joint venture between Rio Tinto (NYSE:RTP) and BHP Billiton (NYSE:BHP) may lead to a merger. (various)

Ferrero may want to buy Cadbury’s gum and candy division.  (NYTimes)

Goldman Sachs (NYSE:GS) investors want the firm to cut down the size of bonuses to be paid at the end of the year (various)

Douglas A. McIntyre

Posted on: November 20, 2009 – 9:01 am in Rumors, , , , , , ,

Media Digest 11/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The Senate is near its first vote on healthcare.

Reuters:   Dell (NASDAQ:DELL) is betting on corporate spending for its recovery.

Reuters:   Time Warner’s (NYSE:TWX) AOL showed that the worst is not over for media job cuts.

Reuters:   China cyber-spying against the US will probably grow. Read More »

Posted on: November 20, 2009 – 3:56 am in Press Digest, , , , , , , , , , , , , , , , ,

Today’s Best Market Rumors (11/6/2009) (RTP)(BHP)(BRK.A)

newspaperUpdated throughout the day.

Citigroup (NYSE:C) will re-launch some of its least successful hedge funds  (FT)

The stock market is at risk of not holding 10,000.  (TheStreet)

AIG (NYSE:AIG) will not hold a conference call to avoid uncomfortable questions about its balance sheet  (The Deal)

Sales of Microsoft (NASDAQ:MSFT) Windows 7 are outpacing those after the launch of Vista (Apple Insider)

Abercrombie & Fitch (NYSE:ANF) are likely to fall sharply  (Barron’s)

BHP Billiton (NYSE:BHP) may make another bid to buy rival Rio Tinto (NYSE:RTP)  (FTAlphaville)

“Governments may take as long as a decade to cut debt issuance back to the levels before global markets seized up following the collapse of Lehman Brothers Holdings Inc. last year.”  (Bloomberg)

Berkshire Hathaway (NYSE:BRK.A) is likely to go through a period of sharp job cuts.  (Business Insider)

Douglas A. McIntyre

Posted on: November 6, 2009 – 9:17 am in Rumors, , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (BHP, DFG, FITB, GNTX, HRB, INTU, POT, RTP, RVBD, STI)

These are this Monday’s top ten analyst calls from Wall Street for upgrades, downgrades, and initiations:

BHP Billiton (NYSE: BHP) Started as Neutral at HSBC.
Delphi Financial (NYSE: DFG) Started as Outperform at KBW.
Fifth Third Bancorp (NASDAQ: FITB) Cut to Sell from Neutral at Rochdale.
Gentex (NASDAQ: GNTX) Raised to Outperform at Wells Fargo.
H&R Block (NYSE: HRB) Cut to Underweight at Morgan Stanley.
Intuit (NASDAQ: INTU) Started as Overweight at Barclays.
Potash Corp. of Saskatchewan (NYSE: POT) Started as Buy at Genuity.
Rio Tinto plc (NYSE: RTP) Started as Neutral at HSBC.
Riverbed Technology (NASDAQ: RVBD) Raised to Overweight at Piper Jaffray.
SunTrust Banks, Inc. (NYSE: STI) Cut to Sell from Neutral at Rochdale.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG
OCTOBER 26, 2009

Posted on: October 26, 2009 – 8:14 am in Analyst Calls, , , , , , , , , ,

Media Digest (10/15/2009) Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses.

Reuters:   Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died.

Reuters:   Congress will probe compensation at AIG (NYSE:AIG).

Reuters:   US foreclosures fell for a second month but stayed high. Read More »

Posted on: October 15, 2009 – 4:04 am in Press Digest, , , , , , , , , , , , , , , , , , , , ,

Media Digest 9/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   International bank regulators are looking at Brazil as a model.

Reuters:   John Mack will step down at Morgan Stanley’s (MS) CEO.

Reuters:   The SEC vowed reforms after its report on Madoff revealed mistakes.

Reuters:   GM will sell control of Opel to Magna. Read More »

Posted on: September 11, 2009 – 3:54 am in Press Digest, , , , , , , , , , , , , ,

Top Analyst Upgrades (BHP, COH, HOG, MOT, RIMM, VALE, LMT)

These are the top analyst upgrades and positive research calls we have seen from Wall Street brokerage firms early this Tuesday morning:

BHP Billiton (BHP) Raised to Buy at UBS.
Coach (COH) Raised to Buy at BofA/Merrill Lynch.
Harley-Davidson (HOG) Raised to Outperform at William Blair.
Motorola (MOT) Raised to Outperform at Credit Suisse.
R-I-M (RIMM) Raised to Outperform at Credit Suisse.
Companhia Vale do Rio (VALE) Raised to Outperform at Credit Suisse.
Lockheed Martin (LMT) Raised to Buy at Citigroup.

JON C. OGG

Posted on: September 1, 2009 – 8:09 am in Analyst Calls, , , , , , ,

Asia Markets And Europe Open 8/20/2009

chinaMarkets in Asia rose.

The Nikkei was up 1.8% to 10,383.

The Hang Seng was up 2.3% to 20,407. PetroChina (PTR) was up sharply.

The Shanghai Composite rocketed up 4.5% to 2,912.

At the open in Europe, the FTSE rose 1% to 4,736. BP (BP) was up as energy prices rose. Rio Tinto (RTP) and BHP Billilton (BHP) were also higher. The Dax rose 1.1% to 5,289. The CAC 40 was higher by 1.3% to 3,495.

Data from MarketWatch and Reuters.

Douglas A. McIntyre

Posted on: August 20, 2009 – 3:22 am in International Markets, , , ,

Media Digest 8/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   GE’s (GE) water business may be too small to help earnings.

Reuters:   Madoff’s CFO plead guilty.

Reuters:   Auto inventories are tight but interest in the “clunkers” program is falling.

Reuters:   China formally arrest Rio Tinto (RTP) employees. Read More »

Posted on: August 12, 2009 – 3:56 am in Press Digest, , , , , , , , , , ,

Asia Market And Europe Open 8/12/2009

chinaMarkets in Asia were sharply lower.

The Nikkei dropped 1.4% to 10,435. Sony (SNE) and Honda (HMC) both declisned.

The Hang Seng was down 2.7% to 20,515. HSBC (HBC) and China Mobile (CHL) both fell over 3%.

The Shanghai Composite was down 4.7% to 3,113.

At the open in Europe, the FTSE was down .2% to 4,664. BHP Billiton (BHP( advnaced The Dax rose .2% to 5,295. The CAC 40 rose .1% to 3,495

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: August 12, 2009 – 3:25 am in International Markets, , ,

Asia Markets and Europe Open 8/5/2009

chinaMarkets in Asia were lower.

The Nikkei fell 1.2% to 10,253. Toyota (TM) dropped on earnings.

The Hang Seng fell 1.2% to 20,512.

The Shanghai Composite fell 1.2% to 3,247.

At the open in Europe, the FTSE was down .3% to 4,659. BHP Billiton (BHP) fell. The Dax was off .4% to 5,396. Shares in Axa (AXA) rose.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: August 5, 2009 – 3:34 am in International Markets, , ,

Media Digest 8/4/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   A plan for universal healthcare in China could cut the savings rate.

Reuters:   Bank regulators are opposing the Obama shake-up of the system.

Reuters:   Bank of America (BAC) settled SEC charges over Merrill bonuses.

Reuters:   July retail sales lacked a back-to-school jump. Read More »

Posted on: August 4, 2009 – 3:54 am in Press Digest, , , , , , , , , , , , ,

Asia Markets And Europe Open 7/24/2009

chinaMarkets in Asia were mostly higher.

The Nikkei rose 1.6% to 9,945.

The Hang Seng was up .5% to 19,913. PetroChina (PTR) moved up with th eprice of oil.

The Shanghai Composite was up 1.3% to 3,372.

At the open in Europe, the FTSE was down .3% to 4,546. BHP Billiton (BHP) was down and Vodafone (VOD) rose on results. The Dax fell .4% to 5,226. The CAC 40 was down .6% to 3,355.

Data from MarketWatch and Reuters.

Douglas A. McIntyre

Posted on: July 24, 2009 – 2:27 am in International Markets, , ,

Asia Markets And Europe Open 7/22/2009

chinaMarket in Asia were mixed.

The Nikkei rose .8% to 9,723. Shares in Sony (SNE) dropped slightly.

The Hang Seng was down .5% to 19,406. China Mobile (CHL) and China Unicom (CHU) dropped.

The Shanghai Composite rose 2.7% to 3,297.

At the open in Europe, the FTSE was up .2% to 4,490. The Dax rose .1% to 5,101. The CAC 40 was up .2% to 3,303. BHP Billiton (BHP) iron-output was short of estimate.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: July 22, 2009 – 2:25 am in International Markets, , , ,

Asia Markets Europe Open 7/16/2009

chinaMarkets in Asia were mixed.

The Nikkei was up .8% to 9,344. Toyota (TM) rose sharply.

The Hang Seng was up 1.3% to 1,6487.

The Shanghai Composite fell .2% to 3,184.

At the open in Europe, the FTSE was off .3%. BHP Billiton (BHP) dropped over 1%. The Dax was off .4% to 4,910. The CAC 40 was down .3% to 3,169.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: July 16, 2009 – 2:24 am in International Markets, ,

China Resorts To Old School Tactics After Rio Tinto Rejection

chinaIt is possible that several employees from global mining company Rio Tinto (RTP) were spying on the Chinese to gain an advantage through access to secret iron ore price information which could be used in negotiations with mainland steel mills. It is also possible that the Chinese are trying to send a message by holding four of the company’s workers on what appear to be charges of espionage. Rio Tinto walked out on an investment of over $19 billion by the communist nation’s Chinalco, a large state-owned metals company. The Australian government had been uncomfortable about a mainland-based firm owning so much of Rio Tinto because metal ore could be considered a strategic national asset. Rio did a joint venture with rival BHP Billion (BHP) to partially offset the loss of the Chinese investment. BHP may be a rival of Rio’s, but at least it is based in the West. Read More »

Posted on: July 13, 2009 – 4:04 am in China, Law, ,

Asia Markets And Europe Open 7/7/2009

chinaMarkets in Asia were mixed.

The Nikkei was off .3% to 9,648. Toyota (TM) declined.

The Hang Seng was down .1% to 17,959. China Unicom (CHU) rose on rumors that it would sell the Apple (AAPL) iPhone.

The Shanghai Composite was off 1.1% to 3,065.

At the open in Europe, the FTSE was up .3% to 4,209. BHP Billiton (BHP) advanced. The Dax rose .3% to 4,663. The CAC 40 rose .1% to 3,086.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: July 7, 2009 – 2:21 am in International Markets, , , ,

Asia Markets And Europe Open 6/30/2009

chinaMarkets in Asia were mixed.

The Nikkei rose 1.8% to 9,956.

The Hang Seng was up .3% to 18,588.

The Shanghai Composite fell .5% to 2,959.

At the open in Europe, The FTSE was up .3% to 4,306 with BHP Billiton (BHP) much higher. The Dax traded up .1% to 4,890. The CAC 40 was higher by .2% to 3,200.

Data from Reuters and MarketWatch

Douglas A. McIntyre

Posted on: June 30, 2009 – 2:23 am in International Markets,

Top Analyst Upgrades & Downgrades (BHP, BPI, CAG, COP, ETFC, FDX, MRVL, RTP, SONC, SBUX)

These are the top ten early bird analyst upgrades and downgrades from Wall Street early this Tuesday morning with more than two hours until the market opens.

BHP Billiton (BHP) Raised to Buy at Citigroup.
Bridgepoint Education (BPI) Cut to Neutral at Credit Suisse.
ConAgra (CAG) Raised to Buy at UBS.
ConocoPhillips (COP) Raised to Outperform at Bernstein.
E*TRADE (ETFC) Raised to Outperform at FBR.
FedEx (FDX) Raised to Overweight at JPMorgan.
Marvell Technology (MRVL) Cut to Hold at Deutsche Bank.
Rio Tinto (RTP) Raised to Buy at ING.
Sonic (SONC) Raised to Outperform at Oppenheimer.
Starbucks (SBUX) Raised to Outperform at Baird.

Jon C. Ogg
June 23, 2009

Posted on: June 23, 2009 – 6:25 am in Analyst Calls, , , , , , , , , ,

Asia Markets And Europe Open 6/19/2009

chinaMarkets in Asia were higher.

The Nikkei rose .9% to 9,786.

The Hang Seng was up 1.3% to 17,878. Sinopec (SNP) and China Petroleum (PTR) rose on a the anticipation oil with rise with the US recovery.

The Shanghai Composte was up .9% to 2,880.

At the open in Europe, the FTSE was up .1% to 4,285. BHP Billiton (BHP) was up as commodities rose. The Dax was up .2% to 4,429. The CAC 40 fell .2% to 3,187.

Data from Reuters and MarketWatch.

Douglas A. McIntyre

Posted on: June 19, 2009 – 2:23 am in International Markets, , ,