Why 2014 Could Be a Win for Some Metals and Mining Leaders
ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s…
ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s…
courtesy of Wal-Mart Stores Inc.You know it has been a tough year for a stock when the market is up more than 25% but the stock is down. Underperformance in an up…
ThinkstockStocks are challenging all-time highs, and this is a shortened week due to Thanksgiving. Investors have to start positioning their assets and portfolios for 2014. 24/7 Wall St. reviews dozens of research…
Courtesy Boeing Co.The third-quarter earnings season has been a very successful one. Most companies have beaten earnings expectations this quarter, continuing a long streak of better-than-expected earnings reports. The U.S. equity research…
ThinkstockHistory shows that years following sub-2% GDP growth tend to be good for stocks, but near-term exuberance, with investors focusing again on momentum stocks, could signal a pause after the big rally from…
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported third-quarter 2013 results before markets opened Tuesday morning. The mining company posted diluted earnings per share (EPS) of $0.79 on revenues of $6.17 billion.…
ThinkstockGiven the dramatic decline in share prices, some investors may perceive gold equities as inexpensive. The analysts at Jefferies strongly disagree. In their opinion, gold equities rarely have been more expensive, when current…
Courtesy of Abbott LaboratoriesWith many of the companies in the S&P 500 having margins approaching all-time highs, and implied S&P 500 correlations approaching post-crisis lows, it is becoming harder to make a…
ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This contrasts with decent…
ThinkstockSince late June, copper prices have been trending upward, from a low of around $3.00 a pound to around $3.30 on Tuesday. Production is estimated to be 167,000 metric tons (tonnes) above…
ThinkstockAlmost every trading day 24/7 Wall St. covers research reports for analyst upgrades, analyst downgrades, and for new analyst coverage. We also cover specific sector calls that stand out above and beyond…
ThinkstockMetallurgical coal miner Walter Energy Inc. (NYSE: WLT) today cut its quarterly dividend from $0.125 to $0.01. The cut was demanded by creditors in order to let the company amend a $2.73…
July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe…
ThinkstockFreeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported second-quarter 2013 results before markets opened this morning. The mining company reported diluted earnings per share (EPS) of $0.49 on revenues of $4.29 billion.…
July 22, 2013: U.S. equity markets opened mixed this morning with the DJIA dipping on a poor earnings report from McDonald’s Corp. (NYSE: MCD). There was no economic data release of note in…