Did Alcoa Lose It Suitor
The Australian is just out with a piece saying BHP Billiton (BHP) will not pursue a buy-out of Alcoa (AA). Alcoa’s shares are down 4%. BHP is up almost 3%. BHP shareholders…
The Australian is just out with a piece saying BHP Billiton (BHP) will not pursue a buy-out of Alcoa (AA). Alcoa’s shares are down 4%. BHP is up almost 3%. BHP shareholders…
On today’s STOP TRADING segment on CNBC, Jim Cramer said you need to lay back and look at the smaller sub-$5 Billion stocks in the metals sector since it looks like the…
Markets in Europe were modestly higher at 6.15 AM New York time. The FTSE rose .7% to 6,615. BHP Billiton (BHP) was up 2.4% to 1479. Vodafone (VOD) was up .6% to…
Markets in Europe were off sharply at 6.05 AM New York time. The FTSE fell .9% to 6,601. BHP Billiton (BHP) was off 1.7% to 1460. Prudential (PUK) was down 1.4% to…
AMR raised to Neutral at UBS.BEAS raised to Outperform at Credit Suisse.BHP cut to Hold at Deutsche Bank.BTU cut to Neutral at HSBC.COGN raised to Strong Buy at JMP Securities.CPA raised to…
Markets in Europe fell sharply at 6.25 AM New York time. The FTSE was down .9% to 6,637. BHP BIlliton (BHP) was down 2.2% to 1476. Vodafone (VOD) was down .4% to…
According to MarketWatch, BHP Billiton (BHP) is looking at a possible deal to buy Alcoa. Both companies missed out on getting married when Rio Tinto (RTP) locked up a bid for Alcan…
Markets in Europe were modestly higher at 6.50 AM New York time. The FTSE was up .2% to 6,629. BHP Billiton (BHP) was up 1.1% to 1511. Vodafone (VOD) was up .6%…
Usually private equity firms need to do tremendous amounts of work to identify targets. But, in the metals business, the industry may be doing it for them. The M&A dance now includes,…
According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa…
Alcoa (AA) is up 60% from its 52-week low, and rallied strongly into today’s close, moving up another 2%. But Alcoa announced second quarter 2007 income from continuing operations of $716 million,…
On today’s STOP TRADING segment, Cramer said that the Bear Stearns call on FedEx (FDX) is a gutsy call ahead of the quarter. On Wendy’s (WEN) Cramer said now is not the…
AAP raised to Neutral at JPMorgan.ALDN cut to Mkt Perform at FBR.ALY started as Outperform at Wachovia.BEBE cut to Mkt Perform at FBR.BEN cut to Underweight at JPMorgan.BHP raised to Buy at…
VALUE CHANGE % CHANGENIKKEI 17,748.12 91.28 0.52%Shanghai Comp …