Posts for Ticker ‘CTCM’

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, , , , , , , , , ,

Top Pre-Market Analyst Downgrades (ACGY, BMRN, CTCM, DENN, XOM, LF, OXY)

burning-money-pic14These are some of the top early bird Analyst Downgrades seen from Wall Street analysts this Thursday morning:

  • Acergy (ACGY) Cut to Sell at Citigroup.
  • BioMarin Pharmaceutical (BMRN) downgraded at Citigroup, Collins Stewart, and Wachovia.
  • CTC Media (CTCM) Cut To Market Weight from Overweight at Thomas Weisel.
  • Denny’s (DENN) Cut to Neutral at Merriman Curhan Ford.
  • Exxon Mobil (XOM) Cut to Market Perform at Bernstein; Cut to Equal Weight at Barclays.
  • LeapFrog (LF) Cut to Neutral at Piper Jaffray.
  • Occidental Petroleum (OXY) Cut to Underperform at Bernstein.

Jon C. Ogg
February 19, 2009

Posted on: February 19, 2009 – 7:37 am in Analyst Calls, , , , , , ,

Early Bird Analyst Downgrades (B, CCL, CTCM, DO, ESS, HAL, HMY, IP, ODFL, PKG)

These are some of the top pre-market analyst downgrades we have seen with more than two hours to the open this Monday morning:

  • Barnes Group (B) Cut to Neutral at Baird.
  • Carnival (CCL) Cut to Sell at S&P.
  • CTC Media (CTCM) Cut to Neutral at Goldman Sachs.
  • Diamond Offshore (DO) Cut to Neutral at Goldman Sachs.
  • Essex Property Trust (ESS) Cut to Sell at Goldman Sachs.
  • Halliburton (HAL) Cut to Neutral at Goldman Sachs.
  • Harmony Gold (HMY) Cut to Underperform at RBC.
  • International Paper (IP) Cut to Neutral at Goldman Sachs.
  • Old Dominion Freight Line (ODFL) Cut to Neutral at Baird.
  • Packaging Corp. (PKG) Cut to Neutral at Goldman Sachs.

Jon C. Ogg
November 3, 2008

Posted on: November 3, 2008 – 7:32 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (BMC, CNK, CTXS, CME, CTCM, DHT, RDEN, HOV, TPX, WLL)

These aren’t going to be the only impact analyst calls this Tuesday morning, but these are ten of the calls we are focusing on very early this morning:

  • BMC Software (NYSE: BMC) Started as Neutral at UBS.
  • Cinemark (NYSE: CNK) cut to equal-weight at Morgan Stanley.
  • Citrix Systems (NASDAQ: CTXS) Cut to Market Perform from Outperform at FBR.
  • CME Group (NYSE: CME) Raised to Buy from Hold at Citigroup.
  • CTC Media (NASDAQ: CTCM) started as Overweight at Lehman Brothers.
  • Double Hull Tankers (NYSE: DHT) raised to Neutral at JPMorgan.
  • Elizabeth Arden (NASDAQ: RDEN) raised to Outperform at Oppenheimer.
  • Hovnanian Enterprises (NYSE: HOV) Raised to Neutral from Sell at UBS.
  • Tempur-Pedic (NYSE: TPX) cut to Perform at Oppenheimer.
  • Whiting Petroleum (NYSE: WLL) started as Outperform at Wachovia.

Jon C. Ogg
June 17, 2008

Posted on: June 17, 2008 – 6:10 am in Analyst Calls, , , , , , , , , ,

Cramer Tours Kremlin & Politburo (MTL, WBD, CTCM, SEDC, CETV, TRF, RSX)

This week on CNBC’s MAD MONEY, Jim Cramer highlighted how Russia has many very promising prospects for emerging markets investors.  He gave many ways to play the country with ADR’s of public Russian companies that trade in the U.S.  We only wanted to run a single summary since this was his fixed series going all week. Here were his picks this week for Russia:

  • Cramer’s Russian pick from Monday was in metals and mining pick of Mechel (NYSE: MTL) for steel demand being driven in Russia, China, and the Middle East.
  • On Tuesday, Cramer picked Russian food producing giant Wimm-Bill-DANN (NYSE: WBD) with more than 30%of Russian dairy and as the number 2 and number 3 producer of baby foods and juice products.
  • Cramer’s pick on Wednesday, he gave his top pick that night as CTC Media (NASDAQ: CTCM), the fourth largest television broadcaster in Russia with 42 television stations and 30% longterm growth.
  • On Thursday, Cramer picked Central European Distribution (NASDAQ: CEDC) as a vodka and liquor distributor in Russia and Eastern Europe.
  • Friday’s Cramer pick from Russia was Central European Media Enterprises Ltd. (NASDAQ: CETV), which invests in, develops, and operates national commercial television channels and stations in Central and Eastern Europe.

As far as going abroad, you’ve always heard 247WallSt.com talk about ETF’s and Closed-End funds as trading vehicles that offer significant upside without as much individual portfolio risk due to a single company.  The longest running fund we used for investing in Russia is the Templeton Russia and East European Fund Inc. (NYSE: TRF) and the Market Vectors Russia ETF (NYSE: RSX).

If you have followed Cramer, he’s given many similar country category picks over the course of a week, particularly in BRIC countries.  As far as another BRIC series Cramer has run for Brazil, Russia, India, and China:

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Jon C. Ogg
April 11, 2008

Jon Ogg produces the Special Situation Investing Newsletter.  He can be reached at jonogg@247wallst.com and he does not own securities in the companies he covers.

Posted on: April 11, 2008 – 6:07 pm in ADR, Cramer, Mutual Funds, , , , , , ,