After more than a year of twists and turns and negotiations, the $75 billion merger between Glencore International and Xstrata became official today. The new company will also get a ... Read Full Story »
Investors and traders are on the lookout for fresh research ideas from Wall St. that will lead to higher income or more profits. 24/7 Wall St. reviews many fresh research ... Read Full Story »
Rising stockpiles of virtually every commodity had led to a sharp drop in long-dated noncommercial (speculative) futures. Slowing growth in the United States and elsewhere is getting the blame for ... Read Full Story »
In an announcement today in Beijing, China’s National Development and Reform Commission, the country’s top planning agency, said that steel production in the country has reached a point where only ... Read Full Story »
Investors and traders constantly seek new good research-driven ideas for stocks to buy and for stocks to sell. Some of these come from independent research and some come from the ... Read Full Story »
London-traded Glencore International has been making news for more than a year now for its takeover of Xstrata, a mining company of which Glencore already owns about 40%. The company ... Read Full Story »
We have already covered the sea change that is washing over the mining industry. Where past practice has been to invest heavily in new assets with the strategy that growth ... Read Full Story »
Without going through all the changes in the top management of the world’s largest mining companies, there is one thing that stands about virtually all of these changes: putting more ... Read Full Story »
U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both ... Read Full Story »
Investors of BHP Billiton (NYSE: BHP) and Rio Tinto (NYSE: RIO) have taken a beating along with many other mining investors in recent days. There is an interesting multi-year outlook piece around ... Read Full Story »
These are some of this Thursday's top analyst upgrades, downgrades, and initiations seen from Wall Street research calls. Barclays PLC (NYSE: BCS) raised to Outperform at Bernstein. BHP Billiton Ltd. ... Read Full Story »
Boeing Co. (NYSE: BA) gets an agreement with a key engineering unit. (Reuters) China says U.S. claims of hacking by one of its army units does not have sufficient technical ... Read Full Story »
Barrick Gold Corp. (NYSE: ABX) reported fourth-quarter and full-year 2012 earnings before markets opened this morning. For the quarter, the gold miner posted adjusted earnings per share (EPS) of $1.11 ... Read Full Story »
The results are in from the Credit Suisse Group (NYSE: CS) 2013 Energy Summit, and investors who were interviewed and surveyed by the Swiss bank remain bullish on the energy ... Read Full Story »
Everything about the mining industry is big, so it should come as no surprise that when things don’t work out as planned, the mistakes are big too. Two mining CEOs ... Read Full Story »